Amazon Music surpasses 55 million users, "nearly all" of which are paying subscribers

Channel:
United Kingdom Colin Boyd SEO
Subscribers:
4,200
Published on ● Video Link: https://www.youtube.com/watch?v=MZqw10sOzZ4


Duration: 1:53
3 views
1

Reported today on TechSpot

For the full article visit: https://www.techspot.com/news/83664-amazon-music-surpasses-55-million-users-nearly-all.html

Amazon Music surpasses 55 million users, "nearly all" of which are paying subscribers

Closing in on Apple and Spotify

The big picture: Apple and Spotify's stranglehold on the streaming music market isn't as tight as perceived as a third competitor is right on their heels. Amazon has been able to make meaningful headway in the crowded streaming space thanks in part to its pricing structure.

Steve Boom, head of Amazon Music, told the Financial Times on Wednesday that the e-commerce giant's music streaming service now has more than 55 million users. The figure encompasses six different price tiers, including an ad-supported free tier, although Amazon insists that "nearly all" of its users are paying subscribers.

For comparison, Apple said last summer that its Apple Music service had 60 million paying subscribers. As of last September, Spotify had 113 million paying subscribers and 248 million total listeners.

For $10 a month, you get access to roughly the same catalog of 50 million tracks that Apple and Spotify offer but if you're a Prime subscriber, that rate drops to $8 per month. And if you listen exclusively on an Amazon Echo speaker, it goes down to just $4 a month.

Amazon is no stranger to selling music. The company was among the first to do so on the Internet with CDs in the 90s and even offered downloadable MP3s yet was surprisingly late to the streaming game. Amazon Music debuted in the latter half of 2016 whereas Apple Music landed in mid-2015 and Spotify made the jump over the pond in July 2011.

Masthead credit: Amazon Music by Nicole Lienemann. Headphones by welcomia.



Other Videos By Colin Boyd SEO


2020-01-23How Bad Boys For Life’s directors brought back the ‘90s — from Belgium
2020-01-23Apple Watch gym partnerships give you perks for working out
2020-01-23Adobe Premiere Pro teases Google Drive-like collaborative editing
2020-01-23PornHub content creators can now cash out in Tether
2020-01-23What designers have to gain by thinking like social workers
2020-01-23Google’s ads just look like search results now
2020-01-23Conway’s Law and DevSecOps: How communication affects security
2020-01-23Tinder will give you a verified blue check mark if you pass its catfishing test
2020-01-23GeoZilla can help you keep an eye on your loved ones for under $30
2020-01-23Government hints Huawei will be given role in UK's 5G network
2020-01-23Amazon Music surpasses 55 million users, "nearly all" of which are paying subscribers
2020-01-23Motorola finally reveals Razr's new release date and pre-order window
2020-01-23European court: Nintendo doesn't have to offer refunds for digital pre-orders
2020-01-23Installing or updating Office 365 will quietly set Chrome default search to Bing
2020-01-23Google partners with Verizon to bundle Stadia with Fios Gigabit plans
2020-01-23Jeff Bezos' phone was reportedly hacked using Saudi Prince's WhatsApp account
2020-01-23Cruise's self-driving electric shuttle is purpose built for ridesharing
2020-01-23Twitter is rolling out emoji reactions for direct messages
2020-01-23Microsoft's Project xCloud preview is coming to Canada on January 29
2020-01-23Wasteland Remastered is hitting the market on February 25
2020-01-23Netflix confirms rumors of a Witcher anime written by series co-producer Beau DeMayo