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AI Insights · Timothy · September 2024

Top 5 Music and Podcasts Apps on Unified Platform in Europe Q3 2024

Discover the performance trends of the leading music and podcasts apps in Europe during Q3 2024, including weekly downloads, revenue, and active users based on Sensor Tower data.

Top 5 Music and Podcasts Apps on Unified Platform in Europe Q3 2024

In the third quarter of 2024, the top music and podcast apps in Europe showcased varied performance trends on the unified platform, as reported by Sensor Tower.

Spotify - Music and Podcasts demonstrated a steady climb in weekly revenue, starting at approximately $1.3M in early July and peaking at about $1.5M by the end of September. Weekly downloads saw a mild decline from around 676K to 649K, while weekly active users remained robust, increasing from 109.5M to 110.1M over the quarter.

Shazam: Find Music & Concerts experienced stable weekly downloads, beginning at 432K and slightly decreasing to 401K by the quarter's end. The app's weekly revenue remained consistent but modest, hovering around $200. Meanwhile, its active user base showed a gentle downward trend, starting at 28.6M and settling at 27M.

YouTube Music saw a gradual increase in weekly revenue, rising from $963K to over $1.1M by late September. Downloads fluctuated slightly, with a minor dip from 242K to 238K. However, active users consistently grew from 64.3M to 68.9M, indicating a solid engagement throughout the quarter.

SoundCloud: Discover New Music reported a positive trend in revenue, increasing from $567K to $692K. Downloads remained relatively stable, hovering around 200K, while active users showed a slight growth, finishing the quarter at approximately 20.9M.

Finally, Yandex Music, books & podcasts exhibited a modest revenue pattern, maintaining figures around $50K. Downloads ranged from 178K to 182K over the quarter, and active users saw a consistent increase from 19.7M to 21.3M, reflecting a growing user base.

For more detailed insights and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: September 2024