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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.
For more detailed insights and comprehensive data, visit Sensor Tower.