AI Insights · Timothy · January 2023
Top 5 Music and Podcasts Apps in the US: Q4 2022 Performance
In Q4 2022, the top five music and podcast apps in the United States saw varied performance in terms of weekly downloads, revenue, and active users. Find out how each app fared in this detailed analysis.
In the fourth quarter of 2022, the top five music and podcast apps in the United States experienced notable trends in downloads, revenue, and active users. Here’s a closer look at the performance of Pandora: Music & Podcasts, YouTube Music, Amazon Music: Songs & Podcasts, SoundCloud: Discover New Music, and iHeart: Radio, Podcasts, Music.
Pandora: Music & Podcasts saw its weekly revenue fluctuate throughout the quarter, starting at $5M and peaking at $5.8M in the week of December 19. Weekly downloads showed a significant increase towards the end of the quarter, reaching 206K in the last week of December. Active users hovered around 20M, with a slight decline towards the end of the year, closing at 19.4M.
YouTube Music maintained relatively stable weekly revenue, averaging around $2M, with a notable peak of $2.4M in the week of December 19. Downloads increased steadily, hitting 220K in the final week of December. The app's active users remained robust, fluctuating slightly but generally staying above 27M.
Amazon Music: Songs & Podcasts experienced a moderate increase in weekly revenue, starting at $1.4M and peaking at $1.7M in the week of December 19. Downloads also showed an upward trend, with a high of 217K in the last week of December. Active users varied throughout the quarter, ending at around 2.8M.
SoundCloud: Discover New Music had a consistent weekly revenue, averaging around $790K, with slight peaks reaching $865K in late November. Weekly downloads remained stable, with occasional increases, reaching 168K in the final week of December. Active users saw some fluctuations but generally stayed around 19M, with a slight dip towards the end of the year.
iHeart: Radio, Podcasts, Music experienced a slight decline in weekly revenue, starting at $598K and ending at $593K. Downloads fluctuated, peaking at 115K in late September and then stabilizing around 70K towards the quarter's end. Active users showed a declining trend, dropping from 1.7M to 1.3M over the quarter.
For more detailed insights and data, visit Sensor Tower.