We’ve got our hands on the full Nielsen 2015 Music Report. The results offer fascinating insights into radio, streaming, music discovery, music spending, and how dominant Adele really was last year. Continue Reading
New research by Bain & Company determined that native digital media has reached a critical mass, and give some insights into how companies in entertainment, publishing, and services could begin to adapt. “Entertainment has passed a point of no return in its transition to native digital,” the report said. It pointed to five key points that businesses would need to address in order to see the most success and shared insightful data points to support this fast-moving trend. Continue Reading
Australia is seeing an increase in digital radio audience. Among the major capital cities, 40% of Australians have access to DAB+ digital radio either at home, at work, or in cars. That means an audience of 3.2 million in those metropolitan areas. Continue Reading
Brief news items and worthy reads from around the web: More orchestras join Google’s Classical Live; data on teens, tweens, and media; BPI’s CEO delivers keynote speech. Continue Reading
The finances of streaming have been a hot topic for the music industry since the services first arrived on the scene. A new working paper published by the National Bureau of Economic Research adds some hard science to the conversation, examining the impact of Spotify on both music sales and piracy. Continue Reading
Parks Associates conducted market research into the connections between broadband Internet and streaming music. The results showed that of the 97.64 million U.S. households with broadband access, 66% use a streaming audio service. That figure could grow as more home audio technology adapts to keep up with the shifting preferences to digital music. Continue Reading
Brief news items and worthy reads from around the web: Music science report from O’Reilly; the other side of playola accusations; interview with Mixcloud’s co-founder. Continue Reading
Juniper Research released new data examining the outlook for ad-supported streaming revenue in subscription services. the report does not include non-interactive services like Pandora, which by itself exceeded $1-billion in total revenue over the past 12 months. Continue Reading
The British Phonographic Industry released half-year data about music sales in the UK. The report showed that there have been 11.5 billion tracks played in the first six months of 2015, compared with 14.8 billion plays in all of 2014. Dedicated audio streaming services see about 480 million streams a week. Stream Equivalent Album consumption for the first half was 11.49 million, up 79.5% from the year-ago period. Continue Reading
Tatiana Simonian, a vice president at Nielsen, gave a presentation at the EDMbiz conference. During the talk, she shared two slides from the Nielsen Music 360 report with data about the industry. The Nielsen data asked its survey respondents who said they paid for streaming which services they spent on. The results showed a larger percentage of paying customers at Pandora One and Spotify, where 33% and 32%, respectively, currently subscribe to the service. Continue Reading
Kantar Media released its quarterly report on U.S. advertising expenditures. Overall, the total ad spend in the first quarter of 2015 was $37.4 million, down 4% from the same period last year. The quarterly results for radio revealed a split performance between the local and national levels. The declines in Kantar’s data parallel the ones found in the Radio Advertising Bureau’s research into revenue for 2014. Continue Reading
Nielsen has released its Total Audience Report for the first quarter of 2015. The report showed impressive reach for radio, but a dwindling in how much time that large audience tunes in. Meanwhile, digital services and mobile platforms are seeing quick growth in usage. Terrestrial radio still has the greatest reach, with 93% of the adult population listening each week. However, time spent with radio has been slowly declining as most digital and online hardware has seen spikes in use. Plus the breakdown of audience ages shows low interest in radio among teens and young adults. Continue Reading