Spotify growth on track in 2Q18 despite insurgent Apple Music

The music streaming company remains focused on growth of its user base as opposed to profits. And its recent reporting seems to put it in a good position.

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Apple Music captures market share lead from Spotify in the United States

Apple Music's growth was measured to be faster than Spotify's in the United States earlier this year and it could go faster through the year.

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Spotify’s first earnings report disappoints investors

Oddly enough, Spotify was very close to target with market expectations and could have done better with more favorable currency fluctuations. But alas, shareholders went crazy and drove prices south.

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Spotify’s first earnings report disappoints investors

Oddly enough, Spotify was very close to target with market expectations and could have done better with more favorable currency fluctuations. But alas, shareholders went crazy and drove prices south.

The post Spotify’s first earnings report disappoints investors appeared first on Pocketnow.

Apple’s acquisition of Shazam under EU investigation for antitrust concerns

Regulators have questions about whether Apple will block user referrals to competing music services like Spotify and Google Play and whether it will have an unfair competitive advantage with the access to existing referral data.

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In two months, Apple Music grows subscribership by 11 percent

Both Spotify and Apple Music have been averaging about 2 million new subscribers per month. Cupertino hopes to shift the dynamic with a new executive at the helm.

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Uncertainty over Apple’s acquisition of Shazam will linger (at least) until April 23

The European Commission has set an April 23 provisional deadline for an investigation into the potential "adverse effect on competition" Apple's proposed acquisition of Shazam may have in the European Economic Area.

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