BuzzAngle Music issued an annual report about music consumption in 2016. Overall music consumption increased 4.9% over 2015, from 394.5 million album project units to 413.9 million project units. Streaming consumption skyrocketed up 82.6% to 250 billion streams for the year. Continue Reading
The British Phonographic Industry released its official 2016 annual report. Total music consumption for the year rose 1.5% to 123 million album equivalent sales. The past year saw 45 billion audio streams served to UK listeners. Continue Reading
A new study from survey company Morning Consult, best known for its political opinion work, concentrates on audio platform preferences of American adults. The study questioned 2,000 respondents about their use of Spotify, Pandora, AM/FM, purchased music (CDs, downloads) iHeartRadio, Amazon Prime, Tidal, Apple Music, and Google Play. Continue Reading
Webcast listening in October lost 2% compared to the previous month, erasing a two-point gain in September, according to Triton Digital’s Webcast Metrics monthly Top 20 Ranker, released today. Click through for RAIN’s long-term historical charting. Continue Reading
The IFPI and WIN (Worldwide Independent Network) released a report on the investments music labels make into the industry. It’s an interesting data set about how this portion of the music machine operates, especially when it comes to artists seeking new ways to distribute their work in a digital economy. Continue Reading
Ofcom, the UK communications regulator, has released the 2016 edition of its digital radio report. Digital radio was responsible for 45.5% of total listening hours in Q3 2016. In some local areas, it has surpassed half of listening time. Continue Reading
Nielsen has launched its Music Connect data product in Canada. This rollout offers clients more in-depth listener data, including for streaming and broadcasting. It covers 72 metropolitan areas across Canada, and has analytics including airplay, sales, and social media activity. According to Canadian music industry specialist Alan Cross, it could “shake up” what listeners hear on Canadian Radio. Continue Reading
We covered the early results from Music Biz Consumer Insights and LOOP’s latest study of in-car listening, but the final report offers some more detail into the breakdown of technology choices and listener ages. For in-car listening, 75% of respondents said they listen to AM/FM radio. CD listening came in a distant second with 38%, while digital music files had 18% and streaming Internet radio had 15%. Podcasts secured just 6%. Continue Reading
A new report from McKinsey & Company examined the streaming music industry in southeast Asia. The region has a range of digital music market sizes, with some large and firmly established while others are still on the grow. Across the area, digital music growth is happening faster than the global rate (8.8% a year compared with 0.4% a year between 2011 and 2015). Continue Reading
Nielsen’s latest data is a Live Event 360 report, which analyzes fan behavior around concerts. People who attended at least one concert or festival in the past year spent 60% of their average annual music budget on attending those performances. Although the Nielsen report is focused on finding brand and marketing opportunities around live shows, there’s also an intriguing perspective for digital music platforms. Continue Reading
The Download on Podcasting project, a collaboration of DMR/Interactive and Texas A&M University, has released two reports, one of which positions the podcast business as poised to reach $100-million dollars in revenue Continue Reading
Webcast listening in September gained 2% compared to August numbers in Triton Digital’s Webcast Metrics monthly Top 20 Ranker, released today. Perennial leader Pandora was flat from august, while Spotify jumped 7% (same as the previous month). iHeartRadio, third on the list each month, inched down 2%. Continue Reading