Music industry sets new record in 2021: $15B, driven by streaming

In a fulfillment of a RAIN News projection, and in what RIAA CEO Mitch Glazier calls “one of the most incredible comeback stories in modern commercial history,” the U.S. record industry in 2021 surpassed its previous record of annual revenue. The headline number is $15-billion. More than half of that is subscription streaming, and this milestone is a profound validation of that commercial model. Continue Reading

SXM Media #1 in Edison’s Top Podcast Networks list

Preeminent consumer research company in audio, Edison Research, released a Top Podcast Networks by Audience Reach list. SXM Media takes the #1 spot. This list differs from some other network rankers, because it gets its findings from consumer surveys of active podcast listeners, not from technology measurement of the measuring company’s clients. Continue Reading

Canadians, Americans, (and YouTube users) have differing reactions to the Rogan-Spotify controversy

Leaping into the moment, Canadian research firm Signal Hill Insights has produced a survey study of consumer reaction to the controversy swirling around Spotify’s distribution ownership of The Joe Rogan Experience. Rogan’s wide-ranging interview show is possibly the most successful podcast in the world. Signal Hill dashed into the field for survey work on February 2 and 3. One fulcrum of opinion lies on the American-Canadian border. Click for findings. Continue Reading

Emerging markets (China, Russia) drive music subscription growth: MIDiA Research

Newly released research from London-based MIDiA Research shows strong growth of global music subscribers, with services in emerging markets driving the forward motion. Overall, MIDiA figures 523.9-million subscribers to music streaming platforms around the world in Q2 2021. Spotify remains the worldwide leader with 31% share of subs, but that share is down from 33% the previous year. Click for more stats and an infographic Continue Reading

Podcast CPMs reach for new highs at year’s end: AdvertiseCast

In a very interesting set of benchmarks, podcast ad marketplace AdvertiseCast (a subsidiary of Libsyn) released its internal CPM numbers. The metrics include average cost-per-thousand podcast ad impressions for 30-second and 60-second sponsorships, as well as rates for podcasts with different numbers of listeners. Click for two-year trendlines for podcasts addressing different audience sizes. Continue Reading