Germany’s music sector generated revenue of €1.48 billion in 2014, according to the Federal Association of the Music Industry’s year-in-review. That total marked a roughly 1.8% increase from 2013. Continue Reading
Spotify has reportedly canceled its plans to expand into Russia. The streaming service had hired former Google exec Alexander Kubaneishvili to lead its push into the region, but he told Russian outlet RBC that the company is no longer pursuing that market. Continue Reading
A recent IFPI survey revealed insights into the music industry in Norway. The survey found that streaming secured a larger portion of the country’s annual market sales value at 75%. Downloads were just 11% and physical formats were 14%. In 2013, streaming accounted for just 66% of the market, and physical sales had a 22% share. Continue Reading
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
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
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
Indian streaming service Saavn released audience data, revealing that it has 11 million monthly active users. According to CEO and co-founder Rishi Malhotra, Saavn had 30 million people use the service in 2014. Continue Reading
More than half of Norway’s radio listeners are using digital radio, according to a survey carried out by TNS Gallup. Digitalradio Norge CEO Ole Jørgen Torvmark said that the data included DAB, Internet, and digital TV in the definition of digital radio. The results showed that 53% of the country’s listeners have switched over to digital, with 36% using DAB radio and 17% using the Internet. Continue Reading
Following up on a comprehensive look at the U.S. music industry in 2014, Nielsen has released its year-in-review for our neighbors to the north. Canadian listeners streamed more than 6 billion songs in just the second half of 2014. Continue Reading
In the latest of a string of announcements related to Spotify’s brand marketing opportunities, the global music service has partnered with Hong Kong-based Pixels, a multi-faceted advertising solutions company. The company intends this alliance to further Spotify’s penetration in the local Hong Kong digital ad market. Continue Reading
Rdio has officially launched in India, and is the first globel service to step into the specialty Indian streaming market. The free radio-only version of its streaming service will be available, while the premium service will cost $1.99, or about 120 rupees, per month. Continue Reading
One of Spain’s music charts announced the launch of a new Top 100 Songs list that will incorporate streaming numbers as well as downloads and physical sales. PROMUSICAE (Productores de Música de España) will use the new joint chart to replace its weekly Top 50 Songs and Top 100 Streaming charts. Several charts organizations worldwide have made shifts to include data about streaming. Continue Reading