IOEKTA | Creative Unity

Spotify overtakes iTunes in Europe


Spotify’s streaming service continues to gain an edge over downloads, specifically via iTunes.

Kobalt, a company that helps collect music royalties on behalf of thousands of artists, says that in the last quarter, royalties from Spotify streams were 13% higher on average than revenues from Apple’s iTunes in Europe.

The numbers support findings reported in the WSJ last month noting that iTunes music sales are down about 13% this year.