| Cult of Mac

Roku users can now enjoy Apple Music

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Roku users can now enjoy Apple Music
Add Roku to the list of devices that can play Apple Music.
Photo: Roku

Apple Music is now available on Roku streaming devices. Starting Monday, subscribers to the Apple’s streaming music service can listen on any Roku.

This adds to the list of extensive devices that can play Apple Music.

Apple Music will add lossless audio, Spatial Audio for no extra cost

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Spatial Audio with Dolby Atmos and Lossless Audio are coming to Apple Music subscribers beginning June 2021.
Higher-def music is coming soon to an Apple device near you.
Photo: Apple

Apple Music is going lossless — at no extra cost to subscribers. Apple revealed the free upgrade Monday, a day ahead of its rumored launch. The company said Apple Music will bring lossless audio to more than 75 million tracks starting in June so listeners can hear songs “the way the artists created them in the studio.”

In addition, Apple Music will add Spatial Audio support for songs mixed in Dolby Atmos. That means customers who own AirPods, AirPods Pro, AirPods Max and Beats headphones featuring an H1 or W1 chip — or using the built-in speakers in the newest iPhone, iPad and Mac — will be able to hear certain songs in the immersive format.

Spotify hits 138 million paying subscribers

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Spotify iPhone
Spotify continues to go from strength to strength.
Photo: Cezar Sampaio/Unsplash CC

Spotify’s Q2 earnings showed largely positive growth, although the streaming music giant suffered a 21% decline in ad revenue and a 48% rise in operating costs due to deals like its $100 million licensing deal for The Joe Rogan Experience.

Total monthly active users on the platform grew to 299 million, while paid subscribers increased to 138 million. Apple Music, which does not operate a free listening tier (outside of Beats 1 radio), last reported 60 million paid subscribers in June 2019 when it had passed 60 million.

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.