COVID-19 accelerates music streaming growth
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COVID-19 accelerates music streaming growth

COVID-19 accelerates music streaming growth with global subscriptions reaching 394 million in Q1 2020 according to global research firm, Counterpoint Technology Market Research. This was driven by increased usage of the OTT platforms as people stayed at home amid the COVID-19 outbreak. Promotional offers like free trials and subscription price cuts in emerging markets added to the growth. Increase in podcast genres on the music streaming platforms was another big factor for people to tune in. Research […]