56% of Americans have shared subscription account information
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56% of Americans have shared subscription account information

56% of Americans have shared subscription account information according to a recent survey conducted by YouGov Plc on behalf of Bankrate.com. A representative survey of 2,606 adults, including 1,902 who have a subscriber-only account was conducted between 12th – 14th February 2020. Streaming has largely replaced the purchase of physical media in the US, but each additional subscription, whether video, music or another form of entertainment, comes with added cost, meaning it’s increasingly necessary for […]

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Media consumption set to increase 60% during COVID-19 crisis

Media consumption set to increase 60% during COVID-19 crisis as more countries impose quarantine measures aimed at reducing the spread of the virus according to analysis from market analysts, Nielsen. Media consumption in the US is already at historical highs with Americans spending just under 12 hours each day with media platforms. During crisis events, such as snowstorms, hurricanes or a global pandemic, media users ramp up their media consumption to stay informed, kill time, […]

Streaming now accounts for 80% of music revenue in US
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Streaming now accounts for 80% of music revenue in US

Streaming now accounts for 80% of music revenue in US growing 19.9% to $8.8 Bn in 2019 according to the RIAA’s 2019 year end report. Revenues from recorded music in the US grew 13% in 2019 from $9.8 billion to $11.1 billion representing the fourth year in a row of double digit growth. Growth was fuelled by paid subscription services which reached more than 60 million. Paid subscriptions to on-demand streaming services contributed by far […]

Country Music streaming grew by 36% in US in 2019
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Country Music streaming grew by 36% in US in 2019

Country Music streaming grew by 36% in US in 2019 with radio listeners having more contemporary tastes than on-demand streamers according to a recent report from P1 Media Group. Yet despite the general trend to playing more contemporary music, Country Radio missed the immense popularity of Lil Nas X’s ‘Old Town Road’ which spent 19 weeks at #1 on the Billboard Hot 100. The findings were based on MRC Data/Nielsen Music Top 500 most played […]

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Pandora loses users but increases profits

Pandora loses users but increases profits due to an additional 251,000 subscribers for its Pandora Plus and Pandora Premium service plus a 12% increase in advertising revenue. SiriusXM, Pandora’s parent company, posted its 2019 annual results which showed a decline in Monthly Active Users from 69.4 million in 2018 to 63.5 million in 2019. This was offset by record advertising revenues of $1.2 Bn – a 10% increase over 2018. Total revenue for Pandora grew […]

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Country Music listening increases in the US

Country Music listening increases in the US with daily listening up 8% in the second half of 2019 according to a recent report from the Country Music Association (CMA). The CMA has launched a new Country Music consumer research dashboard called TRENDWATCH which is a monthly snapshot of ‘key music engagement behaviours’. Karen Stump, CMA Senior Director, Market Research said, “The fact that Country Music is garnering more daily listeners means we are connecting more frequently […]