7 Music Streaming App Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start A Music Streaming App

Music streaming apps allow the consumption of audio content in different formats. The global music streaming market recently recorded a CAGR of 14.7%, and experts project it will reach $29.45 billion in the next few years.

The rising penetration of digital platforms and the growing use of smart devices are some factors boosting the market growth. Therefore, developing a music streaming app in 2024 can be a great chance to make money.

Here are some real life success stories of starting a music streaming app:

1. OnlinePianist ($840K/year)

Nimrod, CEO & co-founder of OnlinePianist, came up with the idea after experiencing a personal crisis and deciding to pursue his dreams. He wanted to play his favorite songs on the piano and found that traditional video tutorials were limited, leading him to create an interactive app with animation and additional features. Through creative marketing strategies, such as releasing video tutorials on YouTube before the official release of popular songs, OnlinePianist was able to attract highly targeted traffic and retain customers.

How much they make: $840K/year
How much did it cost to start: $10K
Current team size: 8

How I Built An $840K/Year Piano Tutorial App

OnlinePianist is a profitable business generating $70k in monthly revenue, with 6 million global downloads and customers in more than 20 countries, offering the largest catalog of piano tutorials outside of YouTube with 3,000+ tutorials, and has plans to expand its capabilities to listen to what the user plays on their piano or keyboard and build a paid marketing strategy.

About

Nimrod started OnlinePianist almost 14 years ago

Revenue

Nimrod grew the business to $70K/month

Costs

It cost Nimrod $10000 to start the business

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Starting A Music Streaming App: Everything You Need To Know

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So... can you actually make money with a music streaming app?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. YouTube

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

Where they're located: Nashville, Tennessee, USA
Website traffic: 35.2B/month

5. Spotify

Spotify is a digital music service that gives you access to millions of songs.

Where they're located: Nashville, Tennessee, USA
Website traffic: 384M/month

So... can you actually make money with a music streaming app?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. SoundCloud

SoundCloud is a music and podcast streaming platform that lets you listen to millions of songs from around the world, or upload your own. Start listening now!

Where they're located: Phoenix, Arizona, USA
Website traffic: 149M/month