The report found that the global recorded music market reached revenue of $19.1 billion. That figure grew 9.7% over 2018, marking a fourth consecutive year of growth and the highest rate since the IFPI began tracking the metric in 1997. Digital sources accounted for 58.9% of the international total, or $11.2 billion. It was the first year that digital formats surpassed $10 billion in revenue. Continue Reading
Jacobs Media has released the results from its 2019 Techsurvey, an exploration into audio and radio consumption in North America. The web survey covered the United States and Canada, and was conducted among members of radio station databases, through station websites, and social networking pages. Continue Reading
Podtrac released a new set of data today exploring the most popular podcast topics. In both February 2019 and February 2018, the top three podcast categories were comedy, news and politics, and society and culture. Continue Reading
Smart speakers have been rising in popularity since their debut, and new data from the International Data Corporation anticipates that the global market for smart home tech will grow 26.9% in 2019 to 832.7 million shipments. Nearly 1.6 billion devices are expected to ship in 2023. Continue Reading
eMarketer predicted that Amazon Music be the fastest-growing service for audio streaming in 2019 and through 2023. According to its latest statistics, Amazon Music will reach 35 million monthly U.S. listeners this year thanks to a growth rate of 17.7%. Continue Reading
Pandora has partnered with Edison Research and Carat for an investigation into co-listening, when more than one person is tuned in to the same audio at the same place and time. The results mark a first analysis of this listening activity and its impact on streaming audio ad impressions. Continue Reading
Webcast listening in December was 8% higher than the year-ago period, while the three pureplay leaders maintained their November levels. This according to Triton Digital’s Top-20 Ranker, a monthly report based on Triton’s Webcast Metrics streaming measurement technology. Continue Reading
Westwood One released its 2019 Audioscape report, with an assessment of the latest trends and data in the audio industry. This year’s analysis focused on the impact of smart speakers and podcasts, and how their audiences differ from AM/FM radio. Continue Reading
Integr8 Research is investigating the growth of smart speakers and their impact on radio. The latest publication indicates that smart speaker ownership could outnumber radio ownership by 2020. The prediction comes from a survey of 15- to 39-year-old contemporary radio format partisans. Continue Reading
The RIAA has released its 2018 report on the Latin music market in the United States. The genre continued to grow for another year, with revenue up 18% to $413 million. Latin music was responsible for a 4.2% share of the total U.S. market, but this style is a major success story for streaming. Continue Reading
Muso has released its latest piracy statistics for 2018. Its new report found that piracy websites attracted 189 billion visits last year, down from 300 billion visits in 2017. Those totals include illegal access of all forms of entertainment. Continue Reading
Nielsen released its Q3 2018 Total Audience Report, measuring share of media and time spent with different media categories. The key takeaway is that total media in Q3 was exactly the same (on average) as the previous year’s Q3. Within that stasis, a few shifts are apparent. Continue Reading