The British Phonographic Industry reported that the UK music industry saw 5.1% revenue growth in 2016. The year’s performance of £926 million in trade income marks a five-year high. Following the trends we’ve seen for 2016 across many countries, the UK results stemmed from a 61% increase to streaming revenues. Continue Reading
IFPI Sweden reported that the nation’s music revenue reached 1.1 billion kronor ($121.9 million) in 2016, up 6.2%. Sweden, home of Spotify, has been a leading country in adoption of streaming, and last year’s results are no exception. Audio streaming secured an 82.3% share of the music industry sales, edging up 8% from its 2015 share. Continue Reading
Denmark’s music industry increased its total revenue 9% to 494 million kroner ($70.8 million) in 2016. IFPI Denmark found that streaming accounts for the lion’s share of that revenue at 392 million kroner ($56.2 million) and a 79.4% market share. Continue Reading
Research firm Morning Consult has released results of a consumer survey which queried over 2,200 adults about how they use virtual assistants. In framing the results of this study, it’s important to understand the scope of “virtual assistant” in this report. Continue Reading
Nielsen’s Total Audience Report for Q4 2016 placed a focus on news. The results showed how much of a role radio plays in news consumption for U.S. adults. The weekly gross amount news consumption on radio in PPM markets rose from 10.5 billion minutes in 2015 to 11.5 billion minutes in 2016. However, radio did top the share of weekly listening in 2016 among U.S. adults. Continue Reading
The Digital Millennium Copyright Act has been a lightning rod for criticism from the music industry. There have been many calls to update the act, which took effect in 1999, to reflect the changes that have happened in the music industry over the past two decades. The most recent ammunition in the arsenal for those activists is an academic report from the Phoenix Center. Continue Reading
The RIAA report presents a snapshot of the U.S. recorded music market. For 2016, that photo puts streaming front and center. Streaming platforms generated the majority of the U.S. music industry’s revenue during the year, securing 51% of the industry total. Continue Reading
The latest outfit to take a data dive into the numbers behind streaming services is Verto Industries. Its streaming music index showed some unusual numbers, pointing toward a shocking takeaway with Apple Music beating out veterans Pandora and Spotify. However, there are a few important caveats to these results. Continue Reading
The Radio Television Digital News Association released the first part of its report series on the United States’ newsrooms. A large focus of this installment is online activity for both radio and television news. For the survey’s radio respondents, 55.5% said they started an important online venture in 2016. Continue Reading
U.S. radio stations saw a 14% increase in online revenue in 2016, according to the latest BIA/Kelsey data. In contrast, over-the-air advertising revenue stayed static for the year, generating $14.1 billion. Continue Reading
AudioBoom and YouGov collaborated on research into the podcast market and questions of diversity. According to the survey results, 76% of minority Americans listen to podcasts less than once a week and 60% don’t listen to them at all. Continue Reading
Webcast listening in January moved down less than one percent compared to the previous month, according to Triton Digital’s Webcast Metrics monthly Top 20 Ranker, released today. Year-over-year listening to streams gained 12%. Continue Reading