Streaming Archives

SOURCE: ARIA - Australian Music Industry figures 2016-2018

Over two thirds of music in Australia is streamed

07/04/2019

Over two thirds of music in Australia is streamed accounting for 70% of recorded music in 2018 according to ARIA, the Australian Record Industry Association. In their annual report they report a 12.6% growth in wholesale figures to AUS$526 million driven by a 41.2% growth in streaming during the year. The streaming category includes revenues from subscription services (such as Apple Music, Deezer, Google Play and Spotify) and other non-subscription on-demand streaming services (such as […]

Global music growth in 2018 driven by streaming

03/04/2019

Global music growth in 2018 driven by streaming with total revenues up by 9.7% according to figures compiled by IFPI in their IFPI Global Music Report 2019. This was fourth consecutive year of growth with total revenues for 2018 of US$19.1 billion. Streaming revenue grew by 34.0% and accounted for almost half (47%) of global revenue, driven by a 32.9% increase in paid subscription streaming. There were 255 million users of paid streaming services at […]

NZ music industry posts 4th year of growth

02/04/2019

NZ music industry posts 4th year of growth driven by an increase in streaming which now accounts for 69% of revenue in 2018 according to figures released by Recorded Music New Zealand. Revenues increased by 7.7% in 2018 reaching NZ $107.9 million. Services like Spotify and Apple Music have fundamentally changed the way Kiwis access and engage with music. Recorded Music New Zealand CEO Damian Vaughan said the reduced entry barriers for new artists releasing […]

YouTube Music continues its international expansion

31/03/2019

YouTube Music continues its international expansion adding India, 12 Latin American countries and South Africa to its worldwide coverage. YouTube Music is being developed as a replacement to Google Play Music which is likely to be retired once the full rollout of YouTube Music is complete and all the Google Play Music functionality has been developed for YouTube Music. If you are a subscriber to Google Play Music, then you will get a YouTube Music […]

Spotify trials couples subscription

31/03/2019

Spotify trials couples subscription in five countries (Ireland, Poland, Denmark, Chile and Colombia). Branded Spotify Premium Duo, two people can combine two separate Spotify Premium accounts for €12.49 (Ireland pricing) all in a single bill. Given Spotify’s pricing structure of €/$/£9.99 for a Premium subscription and €/$/£14.99 for a Family Plan, the likely price in the rest of Europe, the US and UK could be €/$/£ 12.49 if the trial is extended to the rest […]

SoundCloud adds more curated playlists

30/03/2019

SoundCloud adds more curated playlists which alongside personalized weekly recommendations from ‘SoundCloud Weekly’ and playlists like ‘Fresh Pressed’’ adds even more handcrafted playlists, curated by some of the leading names in music. SoundCloud now has 1.7 million unique creators heard each week and SoundCloud Premier creators will receive an an email with details on its new playlist submission form launching in beta. The form is currently only available to SoundCloud Premier creators and will roll […]

Streaming makes up 93% of US Latin music revenue

29/03/2019

Streaming makes up 93% of US Latin music revenues in 2018 according to the RIAA, the US recording industry association. Latin music’s transformation from a physical-based business to a streaming-driven one is even faster than the overall US music market’s turnaround. Revenues from streaming now comprise 93% of the total Latin market, with a paid subscription service increase of 50% fuelling most of the growth. The US Latin music business grew 18% in 2018 to […]