Global music streaming growth slows in Q2 2020
News

Global music streaming growth slows in Q2 2020

Global music streaming growth slows in Q2 2020 but grew 13% year on year with revenues of $6.7 Bn according to global research firm, Counterpoint Technology Market Research. This is the first-ever quarter on quarter decline in terms of revenues as music streaming has been gaining strength with every passing quarter. Paid subscriptions grew 29% year on year (YoY) compared to 35% YoY in Q1 2020. Research Analyst Abhilash Kumar said, “The growth slowed down in Q2 and, […]

Spotify tests podcast Polls feature
News

Spotify tests podcast Polls feature

Spotify tests podcast Polls feature which lets podcasters communicate with their listeners and ask their audience questions within the app. Both the host and listeners will be able to see the responses in real time, opening up an entirely new way for creators and listeners to interact. Through Polls, listeners can share feedback and opinions as requested by the show’s hosts, who can use that information to better connect with their fans in future episodes, […]

US Latin music market grew 18.6% in first half of 2020
News

US Latin music market grew 18.6% in first half of 2020

The US Latin music market grew 18.6% in first half of 2020 with streaming accounting for 96% of this market according to the RIAA, the US recording industry association. During this period revenues from Latin music in the US grew to $296.1 million at retail value, the fourth consecutive year of double digit percentage growth. Latin music continued to grow its share of overall US music revenues to 5.2%. Total streaming revenues grew 20.3% to $285.2 […]

YouTube Music rolls out Global Charts
News

YouTube Music rolls out Global Charts

YouTube Music rolls out Global Charts so that people can browse top songs, music videos, artists, and trending content both globally and in 57 individual countries. Earlier this year in April, YouTube Music launched the Explore tab as the go-to destination for music discovery on its service. The Explore tab introduces users to new albums, singles, and music videos, and also helps them easily navigate the catalogue of diverse playlists through the Moods & Genres section. The […]

Amazon Music expands its HiRes catalogue
News

Amazon Music expands its HiRes catalogue

Amazon Music expands its HiRes catalogue with a partnership with Universal Music Group and Warner Music Group to remaster thousands of songs and albums in HiRes. Music from Eagles, Marvin Gaye, Nirvana, Tom Petty, Diana Ross, Linkin Park, J. Cole, Waylon Jennings, Ramones, 2 Chainz, Lady Gaga, The Notorious B.I.G., Ariana Grande, Selena Gomez and more, has been newly remastered in Ultra High Definition – Amazon’s branding of its HiRes service. In addition, music from […]

Audiobooks

Audiobooks by Deezer app launched in Germany

Audiobooks by Deezer app launched in Germany with an optimized user experience for streaming audio books and radio plays. Due to the local popularity of audiobooks, Audiobooks by Deezer for iOS and Android is initially only available on the German market and offers an optimized user experience with functions specifically for streaming audiobooks. This follows on from Deezer’s recent launch of an audiobook channel in the Netherlands suggesting that the streamer may provide audiobooks more […]

Music industry grows in Italy despite pandemic
News

Music industry grows in Italy despite pandemic

Music industry grows in Italy despite pandemic with streaming music subscriptions up 33% in first half of 2020 according to FIMI, the Italian music industry association. The lockdown has not stopped the enjoyment of music in Italy although this is increasingly driven by digital which now makes up 86% of all industry revenues. Of this, 82% is represented by streaming, which generated €68 million in the first six months of 2020. This is a significant leap compared […]