As Spotify Nears 30 Million Subscribers and Apple Music Exceeds 11 Million, Is Streaming Turning the Corner? 

The pace of subscription adoption has a good chance of accelerating further. Both well-funded Spotify and deep-pocketed Apple have the ability to improve their products and expand their marketing efforts. And another major competitor is looming; Pandora’s on-demand subscription will likely arrive some time this year. Company executives say they conservatively expect to convert 10 percent of the Internet radio service’s 81 million monthly listeners.

Source: As Spotify Nears 30 Million Subscribers and Apple Music Exceeds 11 Million, Is Streaming Turning the Corner? | Billboard