Tuesday, April 7, 2020

Article: Music Streaming Subscriptions Grew by Nearly a Third in 2019

After recently asking if the vinyl & CD business can survive this pandemic, it’s curious to see the flip side of the successful streaming market.  

"Spotify still had a solid lead at the end of 2019 with 35 percent of subscriptions. However, its rivals are growing fast. Apple Music's listener base grew 36 percent to give it 19 percent of streaming, while Amazon's share grew by half to hit 15 percent. This put them comfortably ahead of rivals like Tencent (11 percent) and YouTube Music (6 percent). The remaining 14 percent of tended to be split between regional giants like India's Gaana and Russia's Yandex Music."

(Via Music streaming subscriptions grew by nearly a third in 2019 | Engadget.)

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