The rise of free music streaming platforms like Spotify and Apple Music have caused a wave of popularity and competition for online music services.
However, the websites that are currently the most popular and valuable are also among the most influential, as evidenced by the data from Moz.org, which tracks the most prominent music sites across different categories.
The free music sites that Moz.
Org has tracked for the past year were all sites that have more than 100 million daily unique visitors.
In the last year, the top three free music site for the first time ever have been the Spotify and the iTunes Music Store, with both companies generating a combined $3.4 billion in revenue in the first half of 2018.
The ranking also shows that there’s still room for growth for the top paid sites, with the three sites that made it into the top 10 earning an average of $2.1 billion in the year, up from an average $1.3 billion in 2017.
org report also highlights a notable trend that’s continued unabated, with Spotify and YouTube losing ground to the free music platforms.
YouTube, which had a dominant position in 2017, has fallen by over two-thirds since its peak in 2016.
Spotify, which grew from $10.2 billion in 2016 to $19.4 million in 2018, has dropped by almost half its market share since then.
found that YouTube’s streaming audience dropped from 3.9 billion to 3.4 millions.
In other words, the company says YouTube’s free music audience has fallen from an estimated 7 million to 6.2 million.
While Spotify and iTunes are now the top two music streaming services, the data also shows a dramatic decline in the number of paid music sites.
For the first five years of the decade, Spotify had more than 300 million daily active users, which is the same as Apple Music.
In 2017, it was down to just over 20 million.
In 2018, that number jumped to more than 25 million.
Moz has tracked these figures for the last seven years.
The sites that had the largest decrease in the revenue they generated for the year were the BBC iPlayer, which saw a 27 percent drop in revenue to $9.4 per month in 2018 and $8.2 per month to $7.9 per month, and iTunes, which lost nearly a third of its revenue to less than $1 per month.
This trend has continued over the past three years.
Music streaming platform Spotify and music site iTunes are the top music streaming sites in the world.
The data also suggests that Spotify has the most active fans, at more than 50 million.
Spotify’s active fans were estimated to be nearly 3 million in 2017 and over 5 million in 2016, but in 2018 it dropped to around 1 million.
iTunes had a bigger loss of subscribers in 2018 with an estimated 8.4 percent decline to over 2.2 percent.
Moz’s music site data also indicates that YouTube has the largest active user base of all the music sites in 2018.
YouTube is currently the number one music streaming site in the United States.
Spotify and Spotify are the most frequently visited music websites in the U.S. and the U-K.
In 2019, YouTube had an estimated 6.4 user visits per day, and in 2018 its traffic was estimated to have reached 4.1 user visits.
The average user visit per day on YouTube was about 12 minutes in 2019, down from 16 minutes in 2018 due to the new video streaming platform.
In contrast, iTunes had an average user visits of 9 minutes per day in 2019 and 11 minutes per month last year.
While there’s a lot to celebrate in this data, there’s also some bad news to look out for, including YouTube’s continued decline.
The site had an approximate 8.5 percent decline in monthly active users from 2017 to 2018.
In addition, the site had a slight drop in average daily users to just under 8 million in 2019.
That drop is probably due to new streaming platforms and increased competition from Netflix and Amazon Prime.
The music sites are also the biggest revenue generators for the companies that host the streaming services.
Spotify earned $2 billion for the next five years, while YouTube’s revenue increased by $1 billion, with Apple Music losing $3 billion.