Streaming services like Apple Music and Spotify have amassed over 96 million paid subscribers in the US, making the music business the most prosperous in 25 years. Despite streaming's dominance, growth in new paid subscribers is slowing down as listeners seek experiences beyond streaming, according to industry experts.
Why Did This Guy Put a Song About Me on Spotify? (@brettmartin - @nytimes) https://t.co/KkYib6Qdtp
Streaming makes up 80% of all music revenue, yet growth in new paid subscribers is declining YoY. Listeners want experiences beyond streaming. @AbelowRob https://t.co/l5madOhlDl
Survey of Americans aged 12+: 47% of have listened to a podcast in the last month, up 12% YoY, 76% listened to online audio in the past month, and more (Podnews) https://t.co/6vWmuRimYe 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/R40U0fuSNO
'It’s not rocket science. Spotify, Apple and Amazon have made the music business the most wealthy it’s been in 25 years.' The music executive on streaming, TikTok, and why the industry is facing one of its most testing times yet – over Lunch with the FT: https://t.co/QPkIFo2lxI
Music streaming https://t.co/eXIbts1siT
Streaming services like Apple Music and Spotify now have over 96 million paid subscribers in the US - https://t.co/dNiXJiYUTw by @omarmoharram21
Netflix is still number 1 — but by what margin? We break down the subscriber count of each streamer: https://t.co/X2FyfIjMwr https://t.co/izjZdN912X