Streaming grows to 85% of music revenue in US growing 5.6% to $5.7 Bn in the first half of 2020 according to the RIAA’s 2020 Mid-Year Music Industry Revenue Report. Streaming music grew to 85% of the market by value, compared with 80% the prior year. There were differences in trends between Q1 and Q2 of 2020, as retail store closures, tour cancellations, and other impacts of COVID-19 affected the music industry in many significant […]
Spotify Lite celebrates first anniversary and is now available in 37 countries. Spotify Lite is a small fast and simplified version of our app built from the ground up based on user feedback from around the world. This has allowed millions of listeners in areas with limited bandwidth and phone storage to enjoy audio wherever they are. In the 12 months since launch, listeners around the world have enjoyed and discovered thousands of new artists and podcasts […]
YouTube Music rolls out playlist improvements including Assistive playlists, Collaborative playlists and an improved Mixed For You section. The new features include: Assistive playlists YouTube Music will suggest relevant songs to add to your playlists based on signals such as playlist name, existing songs in the playlist, and user listening history. You will see up to seven suggestions when editing a playlist. If you want additional suggestions, you can hit the Refresh button to see more. […]
Increase in streaming overcomes pandemic slump in Spain with an increase in music sales of 4% in the first half of 2020 according to Promusicae, the Spanish recorded music industry association. The Spanish music industry has managed a 3.99% upturn in global sales, despite of the pandemic impact on the physical market, losing almost 45% of revenues as a consequence of closing of shops during lockdown. Revenues, according to figures compiled by the association (representing […]
Streaming subscriptions soar in Australia during pandemic adding 5.6 million new subscriptions to the end of June 2020, an increase of 18% from a year ago. This growth was across streaming video on demand (SVOD), streaming music and games related subscription services. The COVID-19 pandemic has boosted home entertainment subscription services in Australia according to new research from emerging technology analyst firm Telsyte. The Telsyte Australian Entertainment Subscriptions Study 2020 found SVOD and streaming music […]
SoundCloud launches Australian radio channel in a partnership with SCA to launch on web and DAB+ from the 24th August. SoundCloud Radio is SCA’s first and only station dedicated to music discovery, curated by the experts at SoundCloud. SoundCloud Radio will give you a front-row seat to only the newest drops happening on SoundCloud so you can get to know the artists who should be on your radar right now. And with the ability to […]
Streaming is the engine of US music industry growth according to a report from the Digital Media Association (DiMA). DiMA represents the world’s leading streaming companies with members Amazon, Apple, Google, Pandora, Spotify and YouTube. The report is the result of research conducted by MIDiA Research published as the Streaming Forward Report. According to the association, ‘After years of declining sales and waning fan enthusiasm, the rise of streaming has ushered in a new golden […]
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