And half of those subscribers are doing the 3 month free trial...
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Spotify Now Has 70 Million Paid Subscribers
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And without competition Apple would raise the price to 19.99€ cuz they only care about quality and not money of course. No thank you
That means they're making like $700m every month then, huh? daaaaang.
EDIT: I wasn't thinking about needing to pay the artist fees, so nevermind.
EDIT: I wasn't thinking about needing to pay the artist fees, so nevermind.
They could have 500 Million subs and it means nothing if they cant turn a profit. They don't even have enough money to make a decent iPad app that supports multitasking/split screen. That alone for me would never convince me to use spotify. They definitely offer a great service but Apple has the home court advantage with a better app cross platform and integration with all their devices/music libraries.
Especially with a possible IPO coming soon?Money is king. No profit means death.
Especially with a possible IPO coming soon?Money is king. No profit means death.
They are probably profitable in mature markets, like Sweden where they started, but they want to expand and it costs money (advertisments, new servers, signing contracts, add songs etc).
It took Facebook eight years before they became profitable. They also went for growth.
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Until Apple Music stops trying to spam hip-hop/rap down my throat as endlessly as they do their iOS updates then I'll stick to anything else.
I've got Spotify. Awesome platform. Apple music on the other hand.... NO THANKS.
Spotify wins because Spotify Connect wipes the floor with Airplay. It’s a shame because AM is a bit better on CarPlay and with Watch.
Well summed up.
Apple seems to push music I have zero interest in.
Spotify on the other hand makes it easy to find new stuff and after a couple years' use their algorithms know my tastes pretty well.
I just don't understand why Apple supporters have such a "Spotify has to die!!!!" mindset.
Takes me back to the MS v Apple wars of the 90s.
They just got hit with a $1.6 billion copyright lawsuit so they file IPO to protect it from killing them. Still sure to hurt their value.
There hasn't been a single Apple Music ad broadcasted on any channel (TV and Internet) in Poland.
They just got hit with a $1.6 billion lawsuit. May be to get out there quick and get a cash infusion, should they need to pay this fine. They recently settled a $200 million lawsuit for the same thing (stealing music and not paying royalties).
Spotify isn't profitable. They lost more than $500 million last year and over $600 million the year before. The chances they'll be able to satisfy shareholders is very very slim.
Spotify already pays artists less than any other music service (almost 1/2 what Apple Music does). While they may be the biggest and be able to use that to their advantage when bargaining, they're at a point where artists and music companies could turn them down should they ask for even lower rates. If that happens, they'll continue to bleed money and die in the next couple years.
HobeSoundDarryl
macrumors G5
Because Apple opted to become a competitor. We're like a bunch of robots. "We" used to love Spotify and similar apps BEFORE Apple decided to become a competitor. Then, all of the others became crap, not because they made themselves worse than before (they've all generally improved) but only because Apple stepped into their pool.
"We" used to love Google Maps. Then Apple rampaged against Google Maps and rolled out the much inferior first version of Apple Maps. Google Maps has been significantly bashed ever since, not because the program has gotten worse (in fact, it's had many improvements) but only because Apple stepped into their pool.
It's always this way. Apple could bottle soda, and all established soda makers would suddenly be cast as worst tasting poison ever. Apple could box cookies and <most popular cookies> would be tasteless wastes of money. I suspect if Apple would bottle up Air, about 30% of this group would eventually smother to death by accidentally running out but refusing to breathe that inferior abomination that is non-Apple air.
Yes, I'm joking... but (you know it's) barely joking for some of these guys.
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How about existing libraries? I have 5,000 songs I've had for 10-20 years that would go "poof" on Spotify since they have no official easy way to integrate into existing libraries.
Also considering tens of millions own Apple watches, yes no Apple Watch integration is important.
Not sure what post you are replying too. See my previous answer regarding profitability.
If Apple would have bought Spotify, they would have owned the music streaming market in many countries. It's not hard to make profits if you are the only provider. Now Apple needs to compete.
They are only that high because I got an email every 6 days telling me it’s 99 cents for 3 months promo... So yes technically they are paid subscribers, but they will drop back down in 3 months.
I hear you. Despite curating favourite artists and genres to classical, Dadrock, metal and some jazz, New continues to believe I want copious amounts of hip hop, dance and current chart pop. For You is better but not great.
Despite this I still love AM, and many of their Essential, composer/performer/artist and third party curated playlists are fantastic.
Switched from Spotify to AM, after a year back to Spotify. My biggest complain is (besides of course iTunes) the limited supported platforms. I can use Spotify on almost any device you can think of (Smart TVs, Consoles, Alexa , Google Home, etc.), can control the music on other devices with my smartphone and I got the freedom to use my Spotify account on friends devices. Also the Spotify client for Mac is IMO far superior to iTunes (in terms of both overall speed and comfort).
Love Spotify, don't care much for Apple Music. It keeps telling me to listen to Drake, I DON'T LIKE LISTENING TO DRAKE. I like Spotify because they invade my privacy and make playlists I love.