MIDiA Research teamed with subscription listening service Idagio for an examination of classical music and streaming. Global retail revenue for classical recorded music was $384 million in 2018. Streaming revenue for the genre rose 46% to $141 million that year. Continue Reading
MIDiA Research has released an executive summary of its subscriber report with a forecast for the global music industry from 2018 through 2026, and the analysis shows that streaming will continue to be critical to the sector’s success. By 2022, the report anticipates that streaming revenue is set to exceed the music industry’s total revenue from 2018. Continue Reading
MIDiA Research has a new report examining YouTube’s impact on the international streaming market. Its assessment shares statistics from the video platform in Q3 2018 and shares insights as to how the recent legislation passed in Europe could have unintended effects on the music industry as a whole. Continue Reading
MIDiA Research has released its data on the global market shares held by streaming services at the midway point of 2018. Overall, music subscribers totaled 229.5 million in H1 2018, an increase of 16% from the end of 2017 and up 38% over the year-ago period. Revenue generated by those subscribers in the first half of 2018 reached $3.498 billion. Continue Reading
MIDiA Research has shared its 2017 figures for the global recorded music market, and its results show a big year of growth thanks to a powerful performance from streaming. Global recorded music revenue hit $17.4 billion during 2017, up 8.5% from $16 billion in 2016. The year’s performance returns the global market to just below its levels from 2008. Continue Reading
MIDia Research compiled a consumer survey for LyricFind. The analysis covers two distinct topics. First is some statistics about the streaming music markets in the Germany, the UK, and the U.S. Second is how those markets and the users of different services think about lyrics features. Continue Reading
MIDiA Research has published an assessment of Amazon’s music efforts. “Based on conversations with rights holders and other industry executives we can confirm that Amazon is now the 3rd largest subscription service,” the MIDiA blog post read. “Amazon can now discard its dark horse guise and be revealed for what it is: one of the top streaming music players.” Continue Reading
UK teens are heavy music consumers on digital and streaming platforms. BPI and the ERA commissioned a study from MIDiA Research about the music habits of Generation Z, which includes millennials up to age 19. The report noted trends about their musical platforms of choice as well as other online behaviors. Continue Reading
MIDiA Research has released its second State of the Streaming Nation report. It offers a deep dive into both consumer behaviors and market trends for this industry, covering listeners in Brazil, Germany, Japan, Sweden, the UK, and the U.S. The report found that streaming revenue in 2016 was $7.6 billion (retail values). It projected that figure to reach $20.1 billion by 2025. Continue Reading
MIDiA Research is always a source of interesting data and analysis for the music industry, and its assessment of the global recorded music revenue in 2016 is no exception. In two recent blog posts, the company explored both the overall performance of the music industry and the shares of that performance secured by each of the major labels. Continue Reading
MIDiA Research has frequently explored questions of pricing in the streaming economy. Its latest report is titled Streaming Music Pricing: Inelastic Stretching, and it examines the standard $9.99 price point for on-demand streaming. Continue Reading
MIDiA Research released its predictions for 2017. Building on some of the major trends seen in 2016, the expectations for the coming year cover several aspects of the audio industry. “2016 was a big year for streaming, and 2017 will be even bigger,” the report reads. Continue Reading