Friday, April 3, 2020

Global online music streaming grew 32% YoY in 2019, reaching 358M total subs; Spotify led with 31% market share of paid subs, followed by Apple Music at 19% (Abhilash Kumar/Counterpoint Research)

Abhilash Kumar / Counterpoint Research:
Global online music streaming grew 32% YoY in 2019, reaching 358M total subs; Spotify led with 31% market share of paid subs, followed by Apple Music at 19%  —  - Spotify continues to be the market leader and recorded a 23% YoY growth in total revenue during CY 2019.



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YouTube launches a Premium paywall for song lyrics on YouTube Music, after testing it in recent months; users get five free lyrics before they have to subscribe (Abner Li/9to5Google)

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