Coronavirus lockdown isn’t stopping U.S. spending on streaming music services

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Streaming services like Apple Music dominate the US music market
Looks like Apple picked the right time to pivot to focus on Services.
Photo: Apple

The coronavirus-induced lockdown is affecting huge parts of the service economy. However, one area it doesn’t seem to be negatively impacting in the U.S. is the streaming music market.

According to a report from Music Business Weekly, published Monday, streaming music service subscriptions are not only not slowing down right now; in some cases they’re actually increasing.

Apple Music’s new deals with major labels show no hint of ‘Apple Prime’ bundle

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Apple Music, Apple TV+, Apple Arcade, Apple News+
Apple’s new deals with music labels don’t permit an “Apple Prime” bundle with its other services.
Photo: Cult of Mac

Apple reportedly signed the contracts it needs to keep streaming songs from the biggest labels. However, there supposedly was no mention in the agreements of an “Apple Prime” that would bundle this company’s music and video streaming services.

Apple Music and its rivals dominate US music market

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Streaming services like Apple Music dominate the US music market
Apple Music is one of the main players in today's music industry.
Photo: Apple

Streaming music services such as Apple Music have completely taken over the music market, a new report from the Recording Industry Association of America makes clear.

The organization notes that streaming now accounts for a massive 80% of the music market in the United States. That’s up from a minuscule 7% a decade ago in 2010. In the first half of 2019, 61 million people in the US had streaming subscriptions.

Spotify is adding 2x as many monthly subscribers as Apple Music

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Spotify is adding 2x as many monthly subscribers as Apple Music
Spotify reported some great fiscal quarterly earnings.
Photo: Spotify

Spotify’s third fiscal quarter figures show that it is growing considerably faster than Apple Music.

“We continue to feel very good about our competitive position in the market,” the streaming giant noted in a statement. “Relative to Apple, the publicly available data shows that we are adding roughly twice as many subscribers per month as they are. Additionally, we believe that our monthly engagement is roughly 2x as high and our churn is at half the rate.”

Spotify has 48 million more paying subscribers than Apple Music

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Spotify app now playing screen
Spotify is still leading the way among streaming music services.
Photo: Ian Fuchs/Cult of Mac

In its latest quarterly earnings, Spotify has revealed that it currently has 108 million paying subscribers. That’s approaching 2x the number who subscribe to Apple Music, which is around 60 million at present.

That’s an increase of 31% year-on-year, although it’s slightly below what the streaming music giant had been aiming for.

Rockers Tool are finally bringing their music to streaming services

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Tool
Tool performing a headline slot during their "10,000 Days" tour.
Photo: Denuo/Wikipedia CC

Tool, the American rock band which was a staple of alternative music in the 1990s and early 2000s, is finally bringing its back catalog to streaming services.

The exact services the album will be available on haven’t been named. However, it seems incredibly likely that Apple Music — one of the most popular streaming services — will be among them.

You can now enjoy Spotify Stations on the road with CarPlay

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CaPlay 1
Spotify Stations is like your own personal radio station.
Image: Spotify

Spotify has updated its Spotify Stations app with support for CarPlay. The app is intended to provide a radio station-like experience, which customizes itself to your tastes.

With its latest update, you no longer need to use your iPhone to access the app. If you’re a CarPlay user, you can do it right from your dash.

Spotify storms ahead of Apple Music with 100 million paid subscribers

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Spotify app now playing screen
Are you a Spotify subscriber?
Photo: Ian Fuchs/Cult of Mac

Spotify has reported its financial results for the first quarter of 2019, revealing that it has passed 100 million paid users.

This gives Spotify around twice the number of premium subscribers as the last reported figures for Apple Music. However, Apple Music may still have more paid subscribers in the United States.

This portable music player is basically iPod shuffle for Spotify [Deals]

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These little Mighty Vibe music players let you take more than 1,000 tracks from your Spotify library anywhere you go.
These little music players let you take more than 1,000 tracks from your Spotify library anywhere you go.
Photo: Cult of Mac Deals

With streaming services like Spotify, the age of the iPod seems to be coming to a close. But we also live in the era of reboots, so it’s no surprise that the classic iPod shuffle-style player is once again relevant in the age of streaming.