Counterpoint Research

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, […]