Apple Reported That Music Revenues Grew by 22% Last Quarter – Thus, Apple Music Growth Is More than iTunes Download Store Decline in Sales (AAPL)

Last night Apple reported their fiscal Q4 earnings report. Within the report there was an interesting number with regards to Apple Music.

“Music revenue grew by 22% thanks to the growing popularity of Apple Music,” CEO Tim Cook told analysts last night – a useful stat, in the light of our recent analysis of how Apple Music’s growth and iTunes’ decline balance out.

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

How much can a livestreamed music performance earn you?

With 2020’s lockdowns, online performances have become huge and we’re starting to see just how profitable a livestreamed performance can be. Artists around the world have taken to the internet to stream to their fans…

Amazon are offering 4 months of Music Unlimited for $1 to Prime members

Prime members that haven’t already signed up can get 4 months of Amazon’s music streaming service Music Unlimited, with 60 million songs for just $0.99. Prime members already get access to Prime Music for free….