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Cowen: Spotify leads a streaming industry on the rise, but watch out for Prime Music

New research from Cowen explores the current state of the streaming music industry and gave forecasts for its future. Spotify and Amazon emerged as two of the top brands to watch. The data predicted a compound annual growth rate of 4% for the 2016-2021 period, with on-demand music services expected to double revenue and secure a 40% share of the industry by 2021. Continue Reading

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Meta-analysis finds evidence supporting both sides of high-res audio debate

Audio quality has been a hotly contested subject for the music industry. Some swear that high compression and low bitrate make for a mediocre listening experience. Others say the distinctions between file type are indistinguishable, at least for the average listener. A new study found data that, impressively enough, supports both sides. Continue Reading

Study of Indonesian consumers reveals reluctance to pay for music; acceptance of advertising

A new consumer survey called Indonesian Streaming Music Consumption 2016, commissioned by Australian company Tuned Global, shines light into the music-listening habits and preferences of Indonesian consumers. Tuned Global, which helps major brands connect with consumers via mobile music solutions, gave an early release of the study to RAIN News. Continue Reading

Pew’s State of News Media offers industry snapshots

Pew Research Center has released its State of the News Media report, a compilation of the extensive research into topics such as podcasting, audio, and public broadcasting. It offers a consolidated look at where the news media is headed. The fact sheets for podcasting and audio leaned heavily on data from Edison Research and Nielsen. Continue Reading