While Spotify has over 100 million subscribers across the world, Apple Music is catching up — the company’s senior vice president Eddy Cue told Paris-based media site Numerama in an interview published Thursday, June 27, that the platform now has over 60 million subscribers.
Image: Istock.com/Martin Dimitrov via AFP Relaxnews
Since the company passed 50 million subscribers about three months ago, 10 million more users have signed up. With a rate of growth that steep, Apple Music may catch up to Spotify — which boasts 100 million subscribers — in just a few years.
According to Sirius XM’s financial results, Pandora currently has about 66 million subscribers. Though that number is significantly bigger than Apple’s user base, it is a number that is declining. At the beginning of 2018, the platform had about 72 million subscribers; in about a year, Pandora lost 6 million.
This fall, iTunes will be replaced by Apple Music, a change that will likely result in an abundance of new subscriptions driving Apple closer to Spotify. RGA/JB
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