We’ve seen lots of research exploring the burst of interest in podcasts. The Infinite Dial 2020 results shows just how much the audio format is growing in popularity in the U.S. The monthly podcast consumer group grew 16% from the previous year, and 2020 marks the first time that audience surpassed 100 million Americans. Continue Reading
Account-sharing has been a concern for the music and streaming industry, and there have been several attempts to quantify how common the practice is. A survey by financial company Rankrate found that 42% of all U.S. adults have used someone else’s account to access a subscription service. Continue Reading
BPI, the British music industry group, released its 2019 trade income report. The results reflect the income generated by record labels during the year. Thanks to annual growth of 7.3%, record label trade income reached nearly £1.07 billion. Continue Reading
by Steve Goldstein
The COVID-19 pandemic continues to keep people at home and isolated. Steve offers his insight on how the current crisis will impact podcast listening, and how podcasts can stand out in a time where people are lacking connection. Continue Reading
Most of the world is staying home. That shift toward serious social distancing began with hoarding of toilet paper and hand sanitizer. But once people settle into new routines for the coming weeks, the media world can expect to see some big changes in how and when their works are consumed. Continue Reading
MusicWatch has released its Annual Music Study, a survey of U.S. music consumption. The report offers a positive snapshot about the industry’s growth, with streaming playing a key role in the results. Continue Reading
Brief news items and worthy reads from around the web: “Alexa, what is coronavirus?” Get your classical concert fix in isolation. And don’t despair, indie artists. Continue Reading
London-based audio platform Broccoli Content has hired Tony Phillips as its chief content officer. Phillips has past experience as former vice president for on-demand content at WNYC Studios and commissioning editor for BBC Radio 4 and the BBC World Service. Continue Reading
Pineapple Street Studios is launching a new project for podcasting during the coronavirus pandemic. The Stuck At Home campaign aims to get kids into podcasting, and to help them safely connect with other kids during the health crisis. Continue Reading
Sonos is planning to roll out new software infrastructure for its audio devices in June. The company said that it expects to roll out a new operating system and app for controlling its hardware. For now, the update is being called Sonos S2. Continue Reading
Tencent Music Entertainment released its financial results for the fourth quarter and fiscal year of 2019. Tencent Music reversed its quarterly loss of 875 million yuan from Q4 2018 to a profit of 1.04 billion yuan ($149 million). The company said that for the quarter ending December 31, it had total revenue of 7.29 billion yuan ($1.05 billion), up 35.1% on-year. Continue Reading
In Statista’s Digital Music Worldwide study, global revenue in the digital music segment is projected to be $14.3-billion in 2020, rising to nearly $17-billion in 2024. In this study, “digital music” is defined as must which is heard or… Continue Reading