Streaming overtakes CD sales in Germany growing by 35.2% in the first half of 2018 to become the largest segment of the recorded music market with a market share of 47.8% according to BVMI, the German music industry association. From the late 1980s, CDs enjoyed an almost 30-year reign as the dominating format of music consumption Today, however, they have a market share of 34.4%, with sales down by 24.5% compared to the first half […]
Samsung Electronics brings DEEZER’s lossless streaming to its soundbars and wireless speakers. Samsung has integrated DEEZER’s CD quality (lossless FLAC) streaming service into its latest wireless speakers and soundbars. All DEEZER’s features including personalized playlists, recommendations and its unique DEEZER Flow are available in 16 bit/44.1kHz lossless audio. Deezer launches Flow Tabs Deezer HiFi features 16 bit/44.1kHz CD Quality lossless audio (FLAC) 36 million songs streaming in FLAC quality Streaming on compatible WiFi speakers […]
UPDATE 17/07/2018: Drake’s Scorpion album achieved another first when he confirmed on Instagram that his album was streamed over a billion times worldwide in its opening week. Spotify accounted for 573 million streams with Apple Music notching up 498 million streams. Streaming figures for the first week of release in the US were 321 million on Spotify and 401 million on Apple Music. On its first day of release, Drake’s Scorpion shattered both Spotify’s and Apple […]
AirPlay 2 comes to Sonos speakers allowing you to stream and control music from your iPhone or iPad to any AirPlay compatible Sonos speaker. The list of supported speakers is currently Sonos One, Beam, Playbase, and the second generation Play:5. This new development comes hard on the heels of the company’s announcement that it intends to go public. Sonos files to go public Five new AirPlay 2 features 1. Play music from AirPlay compatible […]
Sonos filed papers with the US Securities and Exchange Commission for an initial public offering (IPO). The multi-room audio company was founded in 2002 and by 31st March this year had sold 19 million products in roughly 6.9 million households around the world. Despite being the leading company in the multi-room audio business with sales of $992.5 million in revenue in the 2017 – a 10% increase on 2016 – it wasn’t enough to turn […]
On-demand streaming in the US rose by 45% during the first half of 2018 according to market researchers, Nielsen, in their Music Mid-Year Report. Total album equivalent consumption*, which includes physical and digital album sales, song sales and on-demand audio and video song streams are up 18% during the same period. On-demand song streaming activity reached new milestones, with volumes surpassing 400 billion, offsetting declines in album and track sales. On-demand audio streaming volume was […]
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