Showing posts with label YouTube Red. Show all posts
Showing posts with label YouTube Red. Show all posts

Wednesday, January 13, 2016

Apple Music Has 10 Million Subscribers

Apple Music logo imageIt looks like Apple Music has beaten the predictions by making it to 10 million subscribers much faster than anticipated. Although no official announcement has been made, the Financial Times has confirmed that Apple has achieved that number, proving that the 90 day trial period for the service appears to have worked.

In contrast, it took Spotify 6 years to get to that number, although that was well before streaming became a common practice.

Speaking of Spotify, rumors are that its paid subscriber numbers have risen to 25 million users as well.

All this spells great news for artists, bands, labels and publishers. Just from those 2 services, there are more than 15 million more paid subscribers than last year at this time, which would be about a 30% increase.

Of course, we've yet to hear about YouTube Red's subscriber numbers yet, the $9.95 per month service that eliminates adverts from your videos. That could also give those subscriber numbers a boost, although the feeling is that if the numbers were actually that good the company would be boasting about it already.

Regardless, it looks like streaming has at least turned a small corner as more and more people are finding value in paying for their music than getting it for free.


Tuesday, December 8, 2015

Spotify Still Leads In Paid Streaming Customers

It looks like Spotify is still in the lead in terms of paying customers, if this chart from Statista is any indication.

The chart shows that Spotify has a handy lead over Apple Music at the moment, although it's yet to be seen just how many people buy into the YouTube's new Red service, which could change the balance of power here.

A couple things to keep in mind when looking at this chart.

1. There are only a bit more than 40 million paying customers for streaming at the moment, so there's a lot of room for growth.

2. The chart only looks at Western services, and doesn't include any from Asia, where people have been used to paying for music for some time.
Infographic: Spotify Ahead of the Pack in Terms of Paying Users | Statista

You will find more statistics at Statista


Wednesday, November 18, 2015

YouTube Debuts Its "Music" App

YouTube Music app
Don't look now but YouTube just launched another music app. This one is fittingly titled YouTube Music and is an audio-only version of its recently launched YouTube Red service.

YouTube Music is free to download, and there's a free, ad-supported tier, but you unleash its power if you become a YouTube Red subscriber for $9.99 per month.

The experience is optimized for music and allows you to search for a particular song from its 30 million licensed tracks. The key here is that when you search in the app, you'll only get music-related results.

It should be noted that the app doesn't replicate Google Play Music (which is included if you sign up for Red) as it doesn't allow you to create a playlist. What it does instead is create a playlist for you based on what you've listened to before as well as some songs that it thinks you'll like.

Of course, its ad-free if you've signed up for Red, but it's yet to be seen if that will be enough to attract new users.

If you're using either YouTube Red or YouTube Music, let us know what you think. Is it worth the money?