“Pandora exited Q3 with strong financial results,” the company’s earnings summary states. Investors didn’t get the memo, or didn’t like it, as Pandora stock traded a shocking 33% down. Pandora’s key metric, RPM, continued to grow. Click for details. Continue Reading
We got one glimpse at Apple Music subscribers thanks to Wristly, and today another peek comes from Jackdaw Research. The company surveyed just 500 people about their use of the streaming platform, but the results still offers some insight into how Apple Music is performing in the field after its initial free trials lapsed. Continue Reading
AT&T Drive Studio and Ericsson partnered for a survey of people who are likely to buy a car in the next three years. The survey’s global results found that 75% of respondents considered connected car services an important feature in their next purchase. Continue Reading
Parks Associates conducted market research into the connections between broadband Internet and streaming music. The results showed that of the 97.64 million U.S. households with broadband access, 66% use a streaming audio service. That figure could grow as more home audio technology adapts to keep up with the shifting preferences to digital music. Continue Reading
Vevo conducted new research about the listening habits of millennials, finding that the age group spends an average of 25 hours a week streaming music. The platform also asked about preferences for both streaming services and music genres. Continue Reading
XAPPmedia published a special new report about Apple as a supplement to its usual quarterly ad load data. This focused study, which is the first from XAPPmedia to address a service by name, covers all of 2015 through August. Apple’s ad-supported streaming music property at the start of the year was iTunes Radio, which was then folded into Apple Music when it launched on June 30. Continue Reading
With yesterday’s release of music industry revenue for the first half of 2015, a definitive picture emerges of two things: How streaming has eclipsed CD sales over three years, and how ad-supported streaming delivers more revenue than music subscriptions. Continue Reading
The result of a large-scale consumer survey commissioned by Spotify was released today, assessing how consumers in 10 European countries listen to terrestrial radio and Spotify’s radio-like freemium platform. Called “The New Audio,” the study is positioned to brand marketers. Continue Reading
Streaming had a strong performance in the first half of 2015, according to the latest RIAA report. Overall wholesale revenue rose 0.8% to $2.3 billion compared with the year-ago period, and overall retail value inched down 0.5% to $3.2 billion. While those percentage changes are small, they do still mark a contrast from the group’s 2014 mid-year report, where the market’s wholesale revenue dropped 2.5% as streaming growth wasn’t enough to balance the losses in other sectors. Continue Reading
Jacobs Media and the Public Radio Program Directors conducted the seventh edition of its annual survey to learn more about the preferences of public radio listeners. Among those respondents, public radio saw continued transitions to digital, with 19% of weekly usage happening on those channels. The survey also covered on-demand listening, mobile options, and sustaining memberships. Continue Reading
With no fanfare or PR announcement behind it, leading online radio service Pandora has launched a major TV spot schedule in the past week or so. Click through to watch the ad. Kurt Hanson analyzes the tone and positioning of the campaign. Continue Reading
A new study investigated the relationship between piracy and freemium music services. CALinnovates, an advocacy organization for tech and public policy, sponsored the survey. Continue Reading