The Italian Music Industry Federation released its 2014 year-in-review. The data, compiled by Deloitte, revealed overall growth of 4% for revenue of €122 million in 2014, up from €117.6 million the previous year. Digital listening accounted for a greater proportion of that overall performance in 2014: up to 38% of the market, compared with 32% in 2013. Continue Reading
Brief news items and worthy reads from around the web: Spotify drops longstanding PR firm; continued piracy problems and potential solutions. Continue Reading
New data from Nielsen highlighted the massive shift to online listening. The Music 360 2014 study found that 93% of Americans listen to musicmore than 25 hours a week. Many do so while at work, doing chores, and in the car. The meat of the new report is how convincingly listeners have shifted online. Continue Reading
TuneCore, a digital distribution service for musicians who wish to place their work in streaming music services, released a summary of its 2014 business. It’s a growth story from 2013, as the company added new distribution outlets, tracked more streams, and paid out more royalties to artists. Continue Reading
There’s still time (just barely!) to register for The Streaming Audio Marketplace: A Strategic Guide to Online Audio Advertising, a RAIN News webinar sponsored by TargetSpot. Click through for information ande registration. Continue Reading
In the tidal force of declining album/track sales, vinyl records represent one growing category. Small, but growing. Fine, but what about 78s, the first vinyl format? Not so much a growing category. Enter Radio Nostalgia, which features way-back oldies converted from 78 RPM records. Continue Reading
Rumors started circulating last month about Blinkbox Music coming under Guvera’s wing, and those speculations were confirmed today. Guvera has purchased the music streaming platform from UK retailer Tesco. Financial terms of the deal were not released. The music service has 2.5 million registered users for its app and delivers about 100 million streams a month. Continue Reading
The Australian Recording Industry Association shared its 2014 wholesale figures from the country’s music scene. The end of the year charts found that revenue from streaming music subscriptions rose 111% compared with 2013. Online subscription and ad-supported services now account for more than 10% of the total Australian market value. Continue Reading
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THIS WEEK: Streaming is bigger than AM/FM for teens; does streaming break hit songs?; Shazam is a billion-dollar company; Apple acquires a music data startup; Rdio expands again, reached 84 countries; Saavn music service hits audience milestone; Streamus makes YouTube Music easy Continue Reading
We’re used to sitting down at our computers to skim the news, or maybe even going old-school with a physical copy of the paper. Umano aims to give an audio angle to that experience. The company supplies narrations of written web content. Continue Reading
Brief news items and worthy reads from around the web: Billboard on global digital music projections; Spotify adds touch and swipe controls on mobile. Continue Reading
Tidal has rolled out in five new European markets. The hi-fi streaming service is now available in Ireland, Finland, Belgium, Luxembourg, and the Netherlands. The service promises a library of more than 25 million tracks at lossless, CD quality. Listeners in the new markets will pay the same subscription price of $19.99 per month for access. Continue Reading