Spotify still dominates the music streaming market, YouTube Music appeals to Gen Z


ROSTOV-ON-DON / RUSSIA - July 8 2019: More and more music lovers around the world are subscribing to a music streaming service. — AFP Relaxnews

Spotify, Deezer, Apple Music, Amazon Music... Online listening platforms continue to grow, becoming the main means of music distribution. To such an extent that subscriptions to these services increased by 26.4% in the second quarter of 2021, according to a study by analytics firm Midia Research.

Some 521.3 million music lovers subscribed to a music streaming service at the end of the period studied by Midia Research. This figure is up 109.5 million from the previous year. Surprisingly, this increase is not due to online listening giants like Sweden’s Spotify but to... YouTube Music.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

TSMC's Taipei-listed shares drop 4% after Q1 results
Gen Z and Millennials spend more on streaming than older generations
Netflix to stop reporting subscriber tally as streaming wars cool
Google consolidates its DeepMind and Research teams amid AI push
US power, tech companies lament snags in meeting AI energy needs
Meta releases early versions of its Llama 3 AI model
Exclusive-Microsoft's OpenAI partnership could face EU antitrust probe, sources say
Seeking edge over rivals, Intel first to assemble ASML's next-gen chip tool
TSMC estimates losses of $92.4 million due to Taiwan earthquake
Exclusive-Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system

Others Also Read