0

Report shows growth in radio and streaming, declines in physical and digital sales

Pricewaterhouse Coopers released a report about the global entertainment and media markets. The research covered both the radio and music market segments. The report found that radio had total revenue of $20.67 billion in 2014. On the other hand, the music industry was valued at $15.06 in 2014 and total recorded music revenue was $6.01 billion. Continue Reading

2

Nielsen releases 2014 music report

Now that we’ve set off on a fresh new year, we’re getting some interesting and insightful perspectives on everything that transpired in the music world during 2014. Data scientists have had the time to collect final numbers and finish analyses. On Jan. 2, we got a preliminary look at the work of Nielsen SoundScan team, which showed a general trend of increased streaming and decreased sales. Today, we have the 2014 Nielsen Music U.S. Report to expand on those first finds. Continue Reading

0

Survey shows video driving music discovery, especially for younger listeners

Most of today’s online music services include some feature that encourages listeners to discover new artists and songs. According to a new study from MusicWatch, though, the biggest driver of discovery is actually online video. Numbers from the consumer research company showed that 34% of respondents said video services were the most influential source of new music discovery. Continue Reading

0

New survey shows radio needs better streaming to attract young listeners

Mark Kassof shared data from a recent survey about the attitudes of teenagers toward FM radio. The 506 online surveys of respondents aged 13 to 20 revealed that only 7% listened to FM radio the most for music. Even online streams of terrestrial stations had limited reach. Just 16% of respondents said they listened to online radio station streams often, while 31% said the did so sometimes. Twenty percent hardly ever listened and 26% have never done so. Smartphone apps for AM and FM radio stations also had limited reach: 49% have never listened on those services. Continue Reading

0

UK sees six-year low for digital radio sales

UK media regulator Ofcom found a 9.1% decline in digital audio broadcasting sets sold in the year ending in June. The annual digital radio report revealed that at 1.7 million sets, the past year had the lowest number sold since at least 2009. The report also showed flat performance for digital radio’s share of all radio listening, holding steady at 36.8%. Its findings for the popularity of digital radio indicated that the UK listeners are scattered in their preferences. Continue Reading

1

Music apps post biggest spike in mobile use, according to new research

Research from Localytics confirmed that mobile is still the rising trend for music services. In the company’s analysis of app usage over the past year, people spent 79% more time in their music programs, which translates to 64 more minutes per month. Compare that with the average increase of 21% for time spent across all apps. The next closest category to music was health and fitness, which posted a 51% rise for time spent in-app. Continue Reading