Webcast listening in September moved up 6% from August numbers, according to Triton Digital’s Webcast Metrics Top 20 Ranker, released today. Pandora and Spotify both enjoyed listening gains during September. Click for historical charts from 2009 to the present. Continue Reading
UK Music released a new report for the year that examined the music industry’s impact on the UK economy last year. In 2014, music added £4.1 billion to the gross domestic product, outperforming the rest of the British economy with 5% growth. Continue Reading
Third-quarter RAJAR data was released today, revealing the latest radio listening trends for the UK. Radio in the region had a weekly audience of 47.8 million adults or 89.3% of the UK’s population aged 15 and older. The most notable developments for radio this quarter were in digital radio. Continue Reading
The finances of streaming have been a hot topic for the music industry since the services first arrived on the scene. A new working paper published by the National Bureau of Economic Research adds some hard science to the conversation, examining the impact of Spotify on both music sales and piracy. Continue Reading
Webcast listening in August moved up slightly from July’s numbers, according to Triton Digital’s Webcast Metrics Top 20 Ranker, released today. The aggregate of Triton’s top 20 measured clients moved one percentage point upward month-over-month. Year-over-year gains were powered by Pandora and iHeartMedia. Continue Reading
“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