German music sales continued to grow in 2023
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German music sales continued to grow in 2023

German music sales continued to grow in 2023 with revenue reaching €2.21 Bn – up 6.3% on 2022 according to the BVMI in recently released figures. The majority of sales, 81.5%, were generated from the digital business, which grew by 7.9%, driven by audio streaming (+8.4%), which now has a market share of 74.8%. The physical market (18.5%) remained stable (+0.1%) due to renewed significant vinyl growth of 12.6%. CD sales fell by 5.9% but still remains the second strongest […]

TIDAL cuts the cost of HiRes streaming
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TIDAL cuts the cost of HiRes streaming

TIDAL cuts the cost of HiRes streaming by combining its HiFi Plus and HiFi tiers into a single subscription tier called TIDAL. Available from the 10th April, the streamer is updating the pricing across all of its 61 countries giving subscribers access to the complete 110 million track catalogue. The US pricing is as follows which essentially reduces its combined price to the same as its existing HiFi tier: The TIDAL Individual plan for $10.99 […]

Spotify adds a new Audiobook Access subscription plan
Audiobooks

Spotify adds a new Audiobook Access subscription plan

Spotify adds a new Audiobook Access subscription plan giving booklovers 15 hours of listening for $9.99/month. Available only in the US it grants access to over 200,000 titles. According to Spotify, ‘this plan and in one app experience, listeners can continue to tune into music and podcasts on our free, ad-supported service, offering a great option for literary enthusiasts who are looking for more audiobook-specific content.’Given that Spotify Premium is $10.99/month in the US and […]

Deezer releases Apple TV app
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Deezer releases Apple TV app

Deezer releases Apple TV app allowing users to directly access Deezer on their Apple TV without having to AirPlay the app or website from an iPhone, iPad, or Mac. The app can be downloaded from the Apple App Store here. The Apple TV app joins its Android companion app which can be found here on the Google Play Store. Deezer is fast becoming a serious alternative to Spotify with over 120 million tracks available in lossless […]

Deezer adds a new couples subscription plan
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Deezer adds a new couples subscription plan

Deezer adds a new couples subscription plan called Deezer Duo that allows two people to have premium accounts at a third discount. A Duo account will cost £15.99/month compared to a single account which costs £11.99/month. For those who can or want to pay by annual subscription (£174.99) a further discount can be had which reduces the subscription to an equivalent of £14.58/month. Duo accounts have all the benefits of Deezer Premium including listening offline […]

Spotify subscribers hit 236 million in Q4 2023
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Spotify subscribers hit 236 million in Q4 2023

Spotify subscribers hit 236 million in Q4 2023, a 15% increase year on year, according to its recently released Q4 2023 financial results. Monthly Active Users (MAU) increased 23% to 602 million. Key financial results in Q4 2023 Monthly Active Users grew 23% year on year to 602 million and 1 million ahead of guidance. Net additions of 28 million represented the second largest Q4 net addition performance in our history. Subscribers grew 15% year on year to […]

Napster creates ChatGPT powered playlists
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Napster creates ChatGPT powered playlists

Napster creates ChatGPT powered playlists in a new beta website showcasing PlaylistGPT, a new tool enabling users to create their ideal playlist. With PlaylistGPT, users can ‘put their ideas’ into a ChatGPT prompt and then Napster will deliver an AI-generated title, playlist, description and custom artwork. The launch marks the first time a music streamer has integrated ChatGPT and its text-to-image DALL.E model into its platform. Subscribers can save their playlists while those who aren’t can […]