2020 - Page 6 of 39 - High Resolution Audio

Spotify subscribers hit 144 million in Q3 2020

30/10/2020

Spotify subscribers hit 144 million in Q3 2020, a 27% increase year on year, according to its recently released Q3 2020 financial results. Monthly Active Users (MAU) increased 29% to 320 million. Revenue of €1,975 million was up 14% year on year in the quarter despite the impact of the COVID-19 pandemic. Despite this growth the streamer continues to make a loss (€101 million) and forecasts continuing losses despite predicted increases in streaming subscriptions and […]

UK Music publishes 2020 Music Diversity Survey

29/10/2020

UK Music publishes 2020 Music Diversity Survey and unveils a Ten Point Plan to put the music business ‘front and centre’ of the drive to tackle racism and boost diversity in Britain. Since its launch in 2016, the survey has tracked progress to boost diversity and inclusion in the UK’s music industry that contributes £5.2 billion a year to the UK economy and sustains 190,000 jobs. Key findings of the 2020 Music Diversity Survey Representation […]

Podcast listening in the US hits all time high

26/10/2020

Podcast listening in the US hits all time high reaching 6% of all audio listening according to Edison Research in its Share of Ear study. The latest findings show that the share of time Americans age 13+ spend with podcasts as a percentage of all their audio listening has tripled from just 2% in 2014. Tom Webster, Edison Research SVP said, “Podcasting has become the greatest companion medium. Not only can you take it with you while you […]

Spotify launches new daily morning show

26/10/2020

Spotify launches new daily morning show which combines personalised wake-up tunes and the latest news. The Get Up is available in the US every day Monday to Friday at 7am eastern. The show will feature three hosts – Kat Lazo, Speedy Morman, and Xavier “X” Jernigan. Other work by the hosts in their own words Kat – They’re welcome to follow my work on Instagram, and check out my video series, The Kat Call, where I debunk taboos and misconceptions about the Latino community. Speedy […]

Americans increasingly listening on the move

25/10/2020

Americans increasingly listening on the move reflecting the lifting of quarantine restrictions according to recent research from Edison Research. The findings are from their Share of Ear reports based on interviews conducted during October, 2020. Prior to COVID-19 restrictions in Q2 2020, 32% of all audio in in the US was consumed in car. When quarantine restrictions went into place in Q2, erasing many Americans’ commutes and greatly reducing travel in general, in-car listening plummeted by […]

Pandora continues to lose listeners

25/10/2020

Pandora continues to lose listeners with monthly active users (MAU) down 7% from a year ago according to the latest Q3 2020 financial results from parent company SiriusXM. MAUs were 58.6 million in the third quarter, down from 63.1 million in the prior year period. Total ad supported listener hours also declined from 3.12 billion in the period, down from 3.32 billion in the third quarter of 2019. Pandora added 105,000 net new self-pay subscribers […]

YouTube Music is now available on Apple Watch

25/10/2020

YouTube Music is now available on Apple Watch enabling users to browse music collections, control playback and select casting options directly from their watch. YouTube Music has been playing catchup to match the functionality of the soon to be switched off Google Play Music and to be a serious competitor to the other streamers such as Apple Music and Spotify. YouTube Music Premium users can now browse music collections, control playback and select casting options […]