5/27/2023 0 Comments Spotify deezer apple musicThe Individual plan costs $14.95 per month and includes Apple Music, Apple TV Plus, Apple Arcade, and 50 GB of iCloud storage. The collection is called Apple One and it has three plans: Individual, Family, and Premier. In 2020, Apple finally bundled together some of its services including Apple Music. Apple One bundles Apple Music with other Apple services. So while a penny might sound low to some people, Apple Music actually pays more than its business rival, Spotify. In comparison, Spotify-Apple Music’s main competitor-only pays one-third to one-half of a penny. This was revealed through a letter that Apple sent to labels and publishers. The Wall Street Journal confirmed that Apple Music is paying artists one penny per stream. And Apple finally gave an idea of how much artists can earn from streams. Music streaming subscribers (of all platforms) are starting to demand transparency regarding how much these platforms pay their artists. Apple Music’s earnings for 2020 were $4.1 billion. The following Apple Music stats and facts will answer these questions. But how much is Apple earning from this service? How is it making money? And how much does it have to pay its artists and labels? There’s no question that people use and listen to Apple Music. ![]() Source: Statista Apple Music revenue statistics So if you think that Apple Music is slowing down because of fierce competition from Spotify, that is certainly not the case. Since October 2015, the service only grew its subscribers with the biggest boom coming in December 2017 where its subscribers grew by 7 million from the previous year. ![]() Apple Music listening history tells us that the company will continue to thrive.Īpple Music is continuing to grow every year. And by the looks of it, there are no signs of Apple Music slowing down anytime soon. Statista reports that Apple Music now has 78 million users. The latest Apple data shows that there are, as of June 2021, millions more who have subscribed and listened to Apple Music since June 2019.
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