Apple Music's growth may be stymied by the lack of a free tier as a funnel; Midia: on a weekly level, 43% of consumers used Spotify and 16% turned to Apple
The service's lack of a free tier might be dimming its prospects with music consumers, particularly in emerging markets — Welcome back to Soundbite.
Amazon plans to hike Music Unlimited's monthly prices by $1 and £1 to $10.99 and £10.99 in the US and UK on February 21, matching Apple Music's October increase
Billboard :
Spotify reports 108M paying subscribers in Q2, up 31% YoY, revenue of €1.67B, up 31% YoY, and an operating loss of €3M
Spotify Anna Nicolaou / Financial Times : Spotify misses a beat as subscriber numbers disappoint Manish Singh / TechCrunch : Spotify hits 108M paying users and 232M overall, but its average revenue pe...
Spotify hits 40M paid subscribers, up 10M in six months, compared to Apple Music's growth of 4M in same period
In a tweet shared by Spotify's official Twitter account today, the company's CEO and Founder Daniel Ek hinted that the service has hit the 40 million subscriber milestone.