Apple is making some positive changes in Apple Music. There are still a few little problems that crop up for me, but overall the service is doing very well.
Apple Music hits 60 million subscribers
Apple is making some positive changes in Apple Music. There are still a few little problems that crop up for me, but overall the service is doing very well.
Not bad… a $3B acquisition that’s now at a $7.2B yearly revenue rate – and that’s not counting Beats hardware.
That’s assuming $10/month/subscriber. My guess is the 60M is the number of individuals subscribed. In our family it’s four persons at a total of $15/mo, which implies a $2.7B revenue rate. Actual likely somewhere between.
Streaming puts all the revenue in the hands of the big 3 record companies. It robs the artists, shortchanges the writers, and crews the producers.
And you know, one of them just admitted to losing billions of dollars worth of priceless master recordings, much of it our musical heritage.
As a musician, Jim, you ought to be offended.
Those extra people using your account, are not considered “paying subscribers”, simply because they are not the account that subscribed to the service they are just others using the “paid for” service.
It could be considered misleading to report any other numbers, and Apple could be sued for doing it. I’m guessing they mean 60M paying subscribers, not “paid for” users.
Still waiting for Apple to recognize the major problems with their classical music approach (search, metadata, curation, recommendations, radio, etc.) I realize a good portion of this mess has to do with the way Labels, tag the metadata, but damn Apple has no serious appreciation, nor comprehension, for how to handle the rest. I hate to say that Pandora is far superior when making ‘educated’ recommendations from the vast classical genre.
This is the topic that brought me to The Loop (via Gruber) when Jim lost his (iCloud) Music Library to Apple Music. I, and a lot of other users, also suffered the same fate. However, we never got our ripped music back, and have been salty every since.
Fast forward to 2019, and iCloud everything has really stepped up. To the point that I’m actually on a 3-month free trial with the same service that wiped my library a few years ago. Then again, if I hadn’t hit the 10k song limit in Spotify, I wouldn’t be exploring other options.
I just wish Apple offered a premium “Apple Lossless” subscription for $20/month. Better sounding music for users, more money for artists. Seems like a no brainer. Fingers crossed…
One could just as easily argue that doing it the other way would be misleading on the basis that it would under-count. The language is defensible either way. Not even world’s stupidest lawyer would attempt a case like that.
Note that they don’t say “subscriptions,” they say “subscribers.” Like everything Apple says publicly, it’s undoubtedly worded that way very carefully.
All four in my family are indeed subscribed to the service, regardless of where the actual payment comes from, so why would they not be counted?