A new forecast by eMarketer is casting Spotify’s future in an even more favorable light. The company had previously predicted that Spotify would have more users in the U.S. than Pandora by 2022. Now it’s predicting the swap to happen in 2021. Continue Reading
BPI has published its 2019 yearbook, a report with more important numbers about the impact of streaming in the UK market. The 2019 edition found that recorded music revenue in the UK rose 20% over three years. Continue Reading
Voicebot.ai has released a new report about the smart speaker market in Australia. The nation is now in the early majority stage of smart speaker adoption, reaching a similar point as the U.S., yet on a faster pace. The country’s hardware user base relative to population is now greater than the United States. Continue Reading
MIDiA Research has released an executive summary of its subscriber report with a forecast for the global music industry from 2018 through 2026, and the analysis shows that streaming will continue to be critical to the sector’s success. By 2022, the report anticipates that streaming revenue is set to exceed the music industry’s total revenue from 2018. Continue Reading
France’s music trade group SNEP reported that the nation’s digital revenue surpassed physical revenue last year. Overall, the French market posted 1.8% growth for its recorded music market in 2018, reaching €735 million. Continue Reading
Podtrac has posted its ranker of the top 20 podcsats in February 2019. The chart has a few new appearances, with The Ron Burgundy Podcast on iHeartRadio debuting at No. 6. Continue Reading
Podtrac released its podcast publisher ranking for February 2019. Nine of the publishers in the ranking reported growth in their unique monthly audience in the U.S. The average U.S. unique monthly audience for these top ten publishers reached 8.1 million, up 6% from January 2019 and up 42% from February 2018. Continue Reading
German music industry body BVMI has released new figures for 2018, marking the first time that streaming generated more money than CDs. Total revenue for the year dipped 0.4% to €1.58 billion ($1.78 billion) Continue Reading
Webcast listening in November was 8% higher than the year-ago period, as Spotify widened its upward trend advantage compared to Pandora. This according to Triton Digital’s Top-20 Ranker, a monthly report based on Triton’s Webcast Metrics streaming measurement technology. Continue Reading
The Entertainment Retailers Association has released its annual report, and the document shows a snapshot of how the UK has shifted into a subscription-driven economy for digital entertainment. Paid music subscriptions generated revenue of £829 million in 2018. Continue Reading
Many people within the podcasting field have had the sense that big things are afoot in the field, and the Infinite Dial 2019 backed that anecdotal feeling with some positive numbers about consumption of the audio format. Continue Reading
The Infinite Dial always provides a snapshot of how Americans consume audio, and as more of the country shifts to streaming models, that has created tighter competition across those platforms to be the music provider of choice. With several companies expanding their content offerings to be more than just music, and with big bucks on the line in potential acquisitions, where people listen has become an even more impactful choice in 2019. Continue Reading