When Apple Inc. (NASDAQ:AAPL) announced that it planned to make an entry into the Music streaming industry, there were many mixed feelings particularly regarding its late entry. Most people felt like it should have been introduced a while earlier while others believed that the project might be a huge success and an important addition to the music streaming scene.
After a much-anticipated reveal, Apple Music is finally here, and it has some things to offer. At first glance, it is clear that there is not much difference between Apple Music and its competitors such as Spotify. There is a library that consists of a wide variety of music that users can stream or download to an alternative device.
The service has integrated with iTunes so that users can access the titles that are not available under subscription. Additionally users can carry over every song they have purchased on iTunes in the past. The service also includes a streaming internet radio station called Beats1. It has been described as the most interesting part of the service by most people perhaps because it plays constant DJ mixes and interesting music from different genres on a 24-hour basis.
During the launch of Apple Music, the company announced that the service will have a 3-month free trial period. After that, subscribers will be required to pay $0 per month on an individual basis and $15 per month for a group of up to 6 people (intended for families). So basically the concepts used for the service are similar to those existing in the market.
Perhaps Apple intends to change the way most people listen to music. For the most part, Apple Inc. (NASDAQ:AAPL) has been experiencing its success on most of its projects. A huge part of the company’s success is the loyal fan base. Apple probably plans to use this loyalty to climb the music streaming ladder and take the crown. So far, Apple Music has a lot of potential, and it might end up getting a huge slice of the music streaming pie.