Friday, August 7, 2015

Apple Music Streaming Crushes Tidal With Massive Sales And 11 Million Members

Drake helping to launch Apple Music streaming service

Apple Music launched on June 30, 2015 to impressive results. 11 million people signed up for Apple Music's 3-month trial membership. 2 million people signed up for Apple Music's $14.99 family plan. The Apple App store also saw record revenues, generating $1.7 billion dollars in sales.

Jay Z co-owns Tidal

This successful roll out has crushed Apple's competition, Tidal, which never truly got off the ground as it is an expensive rip off of Spotify, bringing nothing new to the marketplace. Employees continue to flee Tidal, leaving the beleaguered company hemorrhaging money and struggling to stay open, failing to obtain any relevancy.