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AI Insights · Timothy · July 2024

Top 5 Music and Audio Apps in the US: Q2 2024 Performance

In Q2 2024, the top music and audio apps in the US showcased diverse trends in downloads, revenue, and active users, with each app displaying unique performance patterns.

Top 5 Music and Audio Apps in the US: Q2 2024 Performance

In Q2 2024, the top music and audio apps in the United States exhibited varied performance trends across downloads, revenue, and active users. Here, we take a closer look at the metrics for Pandora - Music & Podcasts, Spotify: Music and Podcasts, Pocket FM: Audio Series, Apple Music, and iHeart: Music, Radio, Podcasts.

Pandora - Music & Podcasts saw its weekly revenue fluctuate, peaking at approximately $5.3M in the final week of June. Weekly downloads remained relatively stable, averaging around 150K per week, with a notable peak of 161K in the week of June 10. The app's weekly active users decreased slightly from 15.3M to 15.1M over the quarter.

Spotify: Music and Podcasts experienced a significant rise in revenue, reaching a high of $1.6M in late April. Weekly downloads remained strong, peaking at 460K mid-April. The active user base remained steady, fluctuating around 81.6M throughout the quarter.

Pocket FM: Audio Series had a varied revenue trend, peaking at $1.1M in early April. Weekly downloads showed a significant spike to 294K mid-April, while active users increased from 799K to 895K by the end of June.

Apple Music saw a steady climb in weekly revenue, culminating at $261K in the final week of June. Downloads fluctuated, with a peak of 69K in late May. Active users remained relatively stable, averaging around 566K throughout the quarter.

iHeart: Music, Radio, Podcasts presented a steady revenue trend, reaching $650K at the end of April. Downloads peaked at 90K in mid-April, while active users saw a slight decline from 1.1M to 1.03M by the end of June.

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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024