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A Look At How Well Streaming Music Is Really Doing And The Major Label's "Streaming Reality Distortion Field" [Mark Mulligan]
![A Look At How Well Streaming Music Is Really Doing And The Major Label's "Streaming Reality Distortion Field" [Mark Mulligan]](https://s3.amazonaws.com/allaboutjazz/photos/logo/hypebotlogo2015.jpg){kind=logo}
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HypeBot
All 3 major labels have reported impressive growth in streaming income. But that's only a fraction of the story, says top industry analyst Mark Mulligan of MIDiA. "If the music service wins, the label wins, if the music service loses, the label still wins," he says. “This disconnect... is one of the festering wounds of the streaming music market." Guest post by Mark Mulligan of MIDiA All of the three major record labels announced strong streaming music revenue growth in the ...
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Soundcloud Logs 175 Million Monthly Listeners To Massive 135 Million Track Catalog
Source:
HypeBot
New Soundcloud stats show just how big its footprint is, both in terms of listenership and the size of its music catalog. Most of their listeners are free, however; and monetizing them, along with making such a massive catalog user friendly, present a challenge. SoundCloud announced today that it has more than 135 million tracks and one million albums available on the platform. By comparison, Spotify and Apple Music boast 35-40 million tracks. The music streamer also shared that it now ...
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Playlists Dominate Listening For Most Music Streamers [INFOGRAPHIC]
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HypeBot
Streaming music users love playlists and use them to drive their music consumption, according to a new survey and infographic just released by the analysts at Music Watch. 90% of music streamers have listened to or created a playlist, according to a new study by Music Watch. Paid subscribers were the most active, with 80% listening daily and and half listening to a playlist every time they stream music. Among those who listened to a service’s playlist, 90% have also ...
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UK Vinyl Buyers Different From Those In The US
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HypeBot
Although vinyl's new popularity boom spans overseas to the UK, the demographic of vinyl consumers there is significantly different, with UK listeners averaging much older than those in the US, although there listening habits are fairly similar. Guest Post by Bobby Owsinski on Music 3.0 Although vinyl doesn’t contribute all that much to the bottom line of the music business, it’s still a hot trend and growing at a pretty good rate. That said, a new study in the UK has found ...
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Streaming Music Business Bigger Than Previously Thought
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HypeBot
While many industry analysts have already acknowledged that streaming accounts for a huge percentage of overall music consumption, some of the most popular tracks actually received an even greater number of spins once Pandora was factored into the equation. Guest post by Glenn Peoples, Music Insights and Analytics at Pandora Key takeaways: Including Pandora spins to the mid-year point’s top 10 streaming songs (audio and video) at the mid-year point adds 33 percent more streams. After adjusting to include Pandora, the top 10 tracks ...
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Old Music Is Outselling New Music For The First Time Ever
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HypeBot
Even Adele can't save the legacy music industry... Old music is outselling new music for the first time ever, according to Nielsen. Some of its has to do with millennials preferring to consume music via streaming or not to pay for it at all. But how bright is the future of any industry that generates more revenue from old products instead of new ones? Despite the massive success of Adele's album 25, which sold a whopping 7.4 million copies in ...
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Projecting Trends: Augmented Reality, Advertising, and Music
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HypeBot
As part of a 'Projecting Trends' series, this article examines the impact of Pokémon Go and Snapchat as they move toward making augmented reality increasingly mainstream, and the broader effect this will have on the music industry as a result. Guest Post by Bas Grasmayer on Synchblog Our new fortnightly 'Projecting Trends' series, created by digital strategist Bas Grasmayer, examines the latest news in tech and the implications for the music industry. First up: A look at Pokémon Go, AR, and Snapchat. With all the buzz surrounding the game, ...
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Streaming Gives Albums Wings: Why Album Sales Aren’t What They Used To Be
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HypeBot
Although Drake's latest album remained atop the Billboard album charts for a solid nine weeks, this prominence was not the result of sales but rather streaming, demonstrating the power of streaming in the modern music economy. Guest post by Glenn Peoples, Music Insights and Analytics at Pandora Key takeaways: Streaming played a key role in keeping Drake’s album Views atop the Billboard album chart for 9 straight weeks. In fact, streams accounted for more than half of its consumer activity from ...
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