Spotify has double Apple Music’s subscribers
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Spotify has double Apple Music’s subscribers

Spotify has double Apple Music’s subscribers with a 31% market share compared to Apple Music’s 15%, according to media and technology analysts, MIDiA Research in their Music market subscriber shares 2021 report. The global base of music subscribers continues to grow strongly with 523.9 million music subscribers at the end of Q2 2021, which was up by 109.5 million (26.4%) from one year earlier. Key findings from the report Spotify has the highest market share […]

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Global music revenues reach $23.1 Bn in 2020

Global music revenues reach $23.1 Bn in 2020 with a 7% annual growth despite pandemic according to media and technology analysts, MIDiA Research. The global pandemic caused widespread disruption to the music business, in particular decimating the live business and impacting publisher public performance royalties. Although the recorded music business experienced a dip in the earlier months of the pandemic, the remainder of the year saw industry revenue rebound, making it the sixth successive year of […]

Streaming is the engine of US music industry growth
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Streaming is the engine of US music industry growth

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 […]

MIDiA Research - Global streaming subscribers reach 400 million
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Global streaming subscribers reach 400 million

Global streaming subscribers reach 400 million in Q1 2020, up 30% from Q1 2019, with 93 million net new subscribers added according to media and technology analysts, MIDiA Research. This compares to the 77 million added one year earlier. Spotify remains the leader in terms of subscribers with a 32% market share which has remained between 32% and 34% every quarter since 2015. Apple Music is in second place with 18% down from 21% in […]

Global music revenues hit $21.5 Bn in 2019
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Global music revenues hit $21.5 Bn in 2019

Global music revenues hit $21.5 Bn in 2019 with a fifth successive year of growth according to media and technology analysts, MIDiA Research, in a recent blog posting. Global revenues grew by 11.4% in 2019 to reach $21.5 Bn, an increase of $2.2 Bn on 2018. Growth accelerated year on year and this was achieved even though streaming revenue growth slowed. Key trends in 2019 Independent artists make the biggest gains The major record labels […]

SOURCE: MIDiA Research - Big 4 streamers gain market share
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Big 4 streamers gain market share

The big 4 streamers gain market share compared to smaller players according to media and technology analysts, MIDiA Research. Their research published in a recent blog posting compares the published and estimated subscriber base of music streaming services at the end of June 2019. Globally there were 304.9 million subscribers up 34 million on the end of 2018. Annual growth was 69 million subscribers in the period from June 2018 to June 2019 which was […]

MIDiA Research's Peak Attention seminar
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Consumers spend 4.5 hours a day on digital entertainment

Consumers spend 4.5 hours per day on digital entertainment with a total of 30.73 hours in a full week according to media and technology analysts, MIDiA Research. Their research published in a recent blog posting allocated eight hours of work and seven hours of sleep leaving consumers about 4.5 hours per day left to do things like eat, commute, socialise, run errands, and conduct general life admin. Watching TV/streaming was found to be the most […]