Apple Music now has 56 million subscribers, according to a new report. That’s up 6 million since April, when CEO Tim Cook announced a 50 million milestone. Spotify, which has an estimated 90 million paid users, is adding subscribers at almost twice Apple’s rate. Apple’s past and current stats include…
Category archives: streaming
Apple Music To Grow To 164M Users As iTunes Crashes [Morgan Stanley]
Apple Music will continue its growth trajectory, according analysts at Morgan Stanley. Over the next five years, Apple Music’s 5% market penetration will expand to 14%of a growing user base of Apple’s products, driving a 28% revenue growth. Apple Music is predicted to grow to 164 million users by 2023….
Spotify Unveils Wonderful Data Driven Billboards, Ads
The annual Spotify Wrapped billboard and ad campaign highlights unusual stats from the streamer’s users. In an era when data privacy is a universal concern, Spotify is encouraging people to go public as part of an “Overshared” initiative that will feature the year-end stats of users that submit them. spotify…
YouTube Opens Stories To Creators With 10,000 Subscribers
YouTube has expanded Stories to all creators with more than 10,000 subscribers., as it said it would in June. YouTube launched its own version of Stories which was initially available only to select YouTube creators.
Spotify’s Vanja Primorac Joins UTA As Music Innovations Exec
Talent and entertainment agency, United Talent Agency has hired from Spotify executive Vanja Primorac as an executive focused on Music Innovations. In this newly created role, she will identify and create marketing, distribution, and platform partnership deals for UTA’s client roster. “UTA is taking a holistic approach to their artist…
Threatin’s Fake News, Fake Fans and Fake Reality
The rise of the streaming age has brought with it an unsurprising uptick in artists attempting to game social media and streaming platforms in a less-than-honest approach to finding success in the music business. The "band" Threatin’s faked fanbase and resulting failed tour has become perhaps the most extreme instances…
Apple Music Coming to Amazon Echo Devices
Apple Music will be available on Amazon’s Echo voice controlled devices beginning the week of December 17. Users will be able to ask Alexa to play songs, artists, albums and Apple. Users can also ask Alexa to stream Beats 1 one or curated radio stations centered on popular genres like…
Institutional Investors Bought $1.4B In Spotify Stock In Q3 (NASDAQ:SPOT)
At least nine major institutional investors have significantly upped their stake in Spotify (NASDAQ:SPOT) in recent months. Total new institutional investments in Spotify topped $1.4 billion in Q3. ________________________ In the 3rd quarter institutional investments included: ARK Investment Management added 37% to its Spotify stock portfolio for a total value…
Institutional Investors Bought $1.4B In Spotify Stock In Q3 (NASDAQ:SPOT)
At least nine major institutional investors have significantly upped their stake in Spotify (NASDAQ:SPOT) in recent months. Total new institutional investments in Spotify topped $1.4 billion in Q3. ________________________ In the 3rd quarter institutional investments included: ARK Investment Management added 37% to its Spotify stock portfolio for a total value…
Qobuz Sets Early 2019 US Launch with Hi-Res Streams, Downloads, Additional Content
Qobuz, which bills itself as the world’s only certified hi-res streaming and download service, will launch in the US in early 2019. 40 million tracks will be available in “lossless” quality (FLAC 16-Bit/44.1 kHz, similar to CD quality) and in 320kbps MP3 quality along with extensive meta-data and additional content….