Apple Music Hits 38 Million Paid Subscribers 1b321y

By Reuters | Updated: 13 March 2018 11:14 IST

Highlights

Apple is locked in race for subscribers with Amazon, Google, others
Apple, Spotify, Google and other services charge $9.99 a month for music
Apple Music has 8 million subscribers currently in the free trial period

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Apple's streaming music service now has 38 million paid subscribers, up from 36 million in February, the company said on Monday. 5g226e

Spotify, which plans to list shares in the coming weeks on the New York Stock Exchange under the ticker symbol SPOT.

Apple said Eddy Cue, senior vice president of Internet software and services, disclosed the most recent subscriber number for Apple Music at the South by Southwest festival in Austin, Texas.

Amazon Music Unlimited has 16 million paying subscribers, and Google Play Music.

Apple, Spotify, Google and other services charge $9.99 (roughly Rs. 650) a month for music. Amazon offers its service to who already pay for its Prime hip, which includes shipping, video content and other benefits, for $7.99 per month.

In addition to its paid service, Spotify also offers an free ad-ed version to help draw s into the service. Apple Music does not offer an ad-based version and instead uses a three-month free trial to lure customers. Cue said Apple has 8 million subscribers currently in the free trial period, the first time Apple has disclosed the number of trial s.

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Apple Music Hits 38 Million Paid Subscribers 1b321y

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