Apple’s bet on original content is paying off in an important way

Apple Music could soon overtake Spotify in one important way.

Apple’s streaming platform is now adding U.S. subscribers at a faster rate than longtime competitor Spotify, according to a new report from The Wall Street Journal, whose sources say Apple Music is set to overtake Spotify in the United States if it holds at its current growth rate of 5 percent a month.

If it does, it would be a notable setback for Spotify, which is planning to go public later this year. It would also be a significant achievement for Apple, whose streaming platform has long lagged behind competitors despite the company’s general dominance.  Read more…

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