![]() ![]() Here’s a quick rundown of what Apple got out of the deal, ranked in order of importance: Apple Buys Beats (May 2014)Īfter some middling efforts to compete in the streaming space (remember Lala? What about iTunes Radio?), Apple finally got serious with the acquisition of Beats Music and Beats Electronics for $3 billion. But it would take Apple several more years to figure out how to properly combat the startup. By allowing customers to stream millions of songs from the cloud, Spotify gravely threatened the viability of Apple’s iTunes Store, which controlled 70 percent of the digital music sales at the time. ![]() Even back then, it was obvious that the two companies were on a collision course. While Spotify was founded in 2006, it didn’t arrive on Apple’s iPhone until 2009. Let’s try to recap the winding road that brought us to this point. Though Spotify denies some of the charges, there’s no arguing that the world of streaming is getting more cutthroat by the day. ![]() In the rivalry’s most recent salvo, Spotify was accused of retaliating against artists who sign up for Apple Music exclusives by making those artists’ music harder to find. Their battle has all the necessary elements of a quality modern beef: passive-aggressive tweets, threats of legal action, and thinly veiled potshots delivered via the press (Tidal is also in the fray, but it’s more like the overeager little brother waiting to get punched in the face). Over the past couple of years, the relationship between Stockholm-based Spotify and Cupertino-based Apple has devolved from “competitive” to “rivalrous” to “full-on beef.” The two companies’ streaming services are now the biggest on-demand subscription music platforms in the world, with 39 million and 15 million paying customers, respectively. ![]()
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