Apple Music set to overtake Spotify in U.S. subscribers, WSJ says

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Spotify's expected to remain the No. 1 music subscription service, at least for now.

In the same report, a spokesperson for the Cupertino giant also confirmed that Apple Music now has 36 million subscribers around the world. Its US subscriber base is growing at about 5% a month, faster than Spotify's roughly 2% clip, WSJ reported, citing those people. If that rate continues, Apple could surpass its rival in the country during the summer.

Apple Music is poised to overtake music streaming leader Spotify in USA paid subscribers, according to unnamed sources cited by The Wall Street Journal.

It looks like Spotify is being given a run for its money, at least in the USA, as Apple Music looks set to overtake the Swedish firm in terms of subscribers.

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Music streaming services have soared in the past five years as the largest revenue generator for the music industry, as CD sales and album and song downloads declined. And in spite of it, Apple being available in 115 markets versus Spotify's 61. The users who sign up for Apple Music three-month trial have the option either to pay or cancel.

Apple Music also will have a hardware companion to help boost its numbers: the HomePod.

Spotify, however, has many privileges, being a music, video, and podcast streaming service that has seen critical growth since it's creation. Similarly, DJ Suss One's 45-minute offering is a tribute to classic hip-hop.

On the other hand, for Spotify, the news comes at a very interesting time. The new app, which is still in the testing phase, would enable users to pick from the curated music stations, something similar to Pandora.

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