Goldman Sachs has released a new report that offers an increasingly rosy outlook for the streaming economy. The analysis offers the latest outlook for the music sector through 2030, following on 2017 research that estimated that of global total music revenue of $41 million, $34 billion would come from streaming. Continue Reading
Latin America is making waves in the music world, both in creating and consuming music. IFPI Director of Insight and Analysis David Price presented recent findings from a report on Latin American music consumers at the Midem conference that capture that impact. Continue Reading
Marketers spent an estimated $479 million for advertisements on podcasts in the United States in 2018. The figure comes from the IAB and PwC’s third annual investigation into advertising for podcasts. The total marks 53% growth from $314 million in 2017. Continue Reading
MusicWatch has released its new annual study into piracy in the United States, and found that stream-ripping remains a major issue in the country. The report estimated that the U.S. had 17 million stream-rippers in 2018, a rise from 15 million in 2017. Continue Reading
Smart speakers present a potentially valuable new option for music services to reach listeners. The space poses a particular interest for tech firms operating in both hardware and software, since they can create brand loyalty within audiences who will buy their devices and then continue to provide revenue as subscription listeners. Continue Reading
The Infinite Dial study is continuing to spread its international footprint. Edison Research announced that the survey will be conducted for the first time in South Africa this year. The results are slated to be presented in late August or early September. Continue Reading
Podtrac has published its podcast ranker for April 2019. The Daily from The New York Times continues its dominance on this chart for another month, followed by perennial favorite This American Life in the second position. Continue Reading
IAB Spain has released a report on the audio industry in the country. More than half (57%) of Spanish adults said they listened to online audio in the past month, up from 44% in the 2018 results. Continue Reading
Spotify released a blog post with some statistics about its redoubled efforts in podcasting. The company said that its monthly audience of podcast listeners grew 175% internationally over the past year. Continue Reading
Edison Research has published its Infinite Dial 2019 report for Canada, its second exploration of the audio consumption habits for the market. The results are based on more than 1,000 phone surveys in the country, offered in both English and French, during the first quarter of the year. Continue Reading
Podtrac has made some changes to its measurement algorithm. This change to its measurements is part of Podtrac’s efforts to receive compliance and certification from the Interactive Advertising Bureau. It had already been compliant with the IAB guidelines, but it began the official certification program in late 2018. Continue Reading
Podtrac has released its April 2019 ranking of top podcast publishers. The results show very little change from the analytics company’s March results. NPR kept its longstanding position at the top of the list. Continue Reading