Music streaming has seen a five-fold increase in value from 2012-2017 and now has a global turnover of over $5bn annually. The popularity of streaming has increased and we are now have high quality streaming services which equal or in some cases surpass traditional hi-fi music sources for audio quality. […]
Germany’s Music Industry Association (BVMI) has released figures showing that sales figures for Germany’s music industry in 2017 have come in at nearly the same level as in 2016. Streaming continues its robust growth with physical recordings significantly less in demand. Revenue from the sale of CDs, records, DVDs and downloads as well as from streaming services totalled €1.588 billion in 2017 which marks only a slight decline of 0.3% compared to the previous year. […]
BPI, the trade body representing the UK’s recorded music industry, has published data for 2017 that reveal a strong year for British recorded music with UK consumption across all formats growing at its fastest rate this millennium. A total of 135.1 million albums or their equivalent were either streamed, purchased on physical format and/or downloaded in 2017 – a 9.5% rise on 2016. The year’s strong growth was driven by 68.1 billion audio streams served through […]
Spotify, the world’s biggest streaming company filed papers for a direct listing with the New York Stock Exchange on the 28th March 2018. The Swedish firm declared that its 2017 revenue stood at €4.09bn compared with €2.95 billion a year earlier. Despite having twice as many subscribers as Apple Music, its nearest rival, the service continues to make a loss which widened to €378m in 2017 from €394m a year earlier. Financial experts estimate the value of the […]
Qobuz has announced that it will be bringing its online music streaming and downloading service to the USA beginning in mid-2018. The Qobuz music catalogue containing 40-million tracks in at least 44.1kHz/16bit (CD quality) FLAC format will be made available for streaming with one million of them (equivalent to 80,000 albums) available in true HiRes 192kHz/24bit. Several formats are available for downloads (FLAC, ALAC, AIFF, WMA, WAV) and the entire catalogue is available for either […]
Neil Young streams back catalogue in HiRes making almost all of his back catalogue going back to 1960 right up to the present day available for streaming in ‘Master Quality’, ranging from 44.1kHz/16bit (CD quality) to 192kHz/24bit. The site styled as the Neil Young Archive (NYA) contains everything Young has released as a soloist or bandleader, plus his work as a member of Buffalo Springfield and Crosby, Stills, Nash & Young. However unreleased albums and […]
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