Spotify this week said that it now has 40 million paying subscribers, up from 30 million in March. That means that the music subscription service is growing well over twice as fast as its closest competitor, Apple Music.
Recent Apple Music Stories
In the coming weeks, both Amazon and Pandora are expected to upend the digital music industry and offer streaming services to consumers that start at just $5 per month. Will this be enough to disrupt the market leaders?
Apple just delivered its first major app for Android, Apple Music, bringing the new music service to the largest mobile ecosystem, at least in beta form.
As expected, Apple today announced a new music subscription service, Apple Music, which will replace Beats Music and be available on popular desktop and mobile platforms.