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Eddy Cue: Apple Music reaches 38 million subscribers

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Apple’s Eddy Cue also revealed there are 8 million users on three month Apple Music free trials.
Apple Music now has 38 million subscribers, up from 36 million in February, Eddy Cue, Apple SVP of internet software and services announced at the South by Southwest Conference on Monday.
Cue also said Apple Music, a service where users can select music on demand, has 8 million users on three month free trials — the first time Apple has disclosed trial figures.
To compare, Apple Music’s main competitor Spotify has 71 million paying subscribers and 159 million active users monthly, Spotify revealed in February. Both Apple and Spotify charge $9.99 a month for their unlimited streaming services. However, Spotify offers a free ad-supported edition.
While it doesn’t yet hold a lead, Apple Music is gaining subscribers faster than Spotify in the US, the Wall Street Journal recently reported:
According to CNET, Cue told attendees at SXSW there could be up to 2 billion potential who can access and pay for streaming music. The executive also discussed Apple’s acquisition of Texture, a digital magazine distributor, that was announced on Tuesday.

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