Despite the high interest in streaming, radio continues to hold a strong share. Not only do 72% of music streamers listen to some form of radio, but AM/FM broadcasting is still the top source of music discovery for 49% of respondents. Music discovery by online radio rose from 19% in 2016 to 23% in 2017, and satellite radio saw lift from 11% in 2016 to 14% in the latest report. Online music services were the top discovery source for 27%. Among those who do pursue online music discovery, 18% said that having the “best exclusive content” was one of the top five most important factors in their choice of platform to use.
The report also reflected a growing technology segment for music, noting that an average of 3.4 devices are used weekly for engaging with tunes. Among teens and Millennials, the average is 3.8 devices. Streaming subscribers use 4.7 devices weekly on average and AM/FM radio streamers use 5.5.