Spotify face-off with Apple Music
Spotify, the Swedish music streaming service and Apple Music’s biggest competitor, is on track to reach 30 million paid subscribers in the next three months. Spotify currently has over 98 million users
Apple Music: Debuted June 2015. Has already amassed more than 11 million* paid subscribers. Available in 113 countries.
Cost: $9.99 (€8.96) per month. Family subscription $14.99 (€13.45)
Spotify: Launched as invitation-only service in 2008, currently has more than 28 million paying subscribers. Service available in 59 countries.
Cost: €8.96-€15.25 per month ($9.99-$17) in different territories
Spotify revenue (€ millions)
Net income (€ millions)
Paid subscribers (millions)
28
2,000
1,834†
Royalties: Spotify pays 70% of revenues to record labels and music publishers – between $0.006 and $0.0084
per stream
1,500
13
1,082
1,000
6
Most streamed artist: Ed Sheeran – more than 3 billion streams to date
747.0
5
500
430.3
3
0.5
187.8
73.9
12.8
0
-162
-18.8
-28.5
-45.4
-55.9
-83.6
-250
2009
2010
2011
2012
2013
2014
2015
*Apple vice-president Eddie Cue †Estimate by Music Business Worldwide
Sources: Spotify, Statista, Music Business Worldwid Picture: Associated Press
© GRAPHIC NEWS
Spotify face-off with Apple Music
Spotify, the Swedish music streaming service and Apple Music’s biggest competitor, is on track to reach 30 million paid subscribers in the next three months. Spotify currently has over 98 million users
Apple Music: Debuted June 2015. Has already amassed more than
11 million* paid subscribers. Available in 113 countries.
Cost: $9.99 (€8.96) per month. Family subscription $14.99 (€13.45)
Spotify: Launched as invitation-only service in 2008, currently has more than 28 million paying subscribers. Service available in 59 countries.
Cost: €8.96-€15.25 per month ($9.99-$17) in different territories
Spotify revenue (€ millions)
Net income (€ millions)
Paid subscribers (millions)
28
2,000
1,834†
Royalties: Spotify pays 70% of revenues to record labels and music publishers – between $0.006 and $0.0084 per stream
1,500
13
1,082
1,000
6
747.0
5
500
430.3
3
0.5
187.8
73.9
12.8
0
-162
-18.8
-28.5
-45.4
-55.9
-83.6
-250
2009
2010
2011
2012
2013
2014
2015
Most streamed artist: Ed Sheeran – more than 3 billion streams to date
*Apple vice-president
Eddie Cue
†Estimate by Music Business
Worldwide
Sources: Spotify, Statista, Music Business Worldwid Picture: Associated Press
© GRAPHIC NEWS
Spotify face-off with Apple Music
Spotify, the Swedish music streaming service and Apple Music’s biggest competitor, is on track to reach 30 million paid subscribers in the next three months. Spotify currently has over 98 million users
Spotify: Launched as invitation-only service in 2008, currently has more than 28 million paying subscribers. Service available in 59 countries.
Cost: €8.96-€15.25 per month ($9.99-$17) in different territories
Apple Music: Debuted June 2015. Has already amassed more than 11 million* paid subscribers. Available in 113 countries.
Cost: $9.99 (€8.96) per month. Family subscription $14.99 (€13.45)
Spotify revenue (€ millions)
Net income (€ millions)
Paid subscribers (millions)
28
1,834†
Royalties: Spotify pays 70% of revenues to record labels and music publishers – between $0.006 and $0.0084
per stream
13
1,082
6
747.0
5
430.3
3
0.5
187.8
73.9
12.8
-162
-83.6
-55.9
-28.5
-45.4
-18.8
09
10
11
12
13
14
15
Most streamed artist: Ed Sheeran – more than 3 billion streams to date
*Apple vice-president Eddie Cue
†Estimate by Music Business Worldwide
Sources: Spotify, Statista, Music Business Worldwid Picture: Associated Press
© GRAPHIC NEWS