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Trends

Rhapsody Has 3 Million Paid Subscribers, Up 50% In Last Year

Rhapsody Has 3 Million Paid Subscribers, Up 50% In Last Year

Source: HypeBot

Rhapsody was one of the first streaming music services. For now, its been eclipsed by Spotify, Apple Music and Deezer. But by sticking to “paid only," a model Apple also adopted, they forged a path that other music streamers may someday be forced to follow. Rhapsody and its sister brand Napster have passed the 3 million paid subscriber mark, the music streamer announced today. That's a 50% jump in less than a year, according to the company, and the fastest ...

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Trends

Average Spotify User Discovers 26 New Artists Every Month

Average Spotify User Discovers 26 New Artists Every Month

Source: HypeBot

An official stat from Spotify buried in a press release announcing a partnership with SFX's Beatport and some basic math net a statistic that should make both independent artists and established record label executives smile. “Two billion times every month, our listeners discover an artist they’ve never heard of through a Spotify playlist" according to  Ken Parks, Chief Content Officer, Spotify. We already know that Spotify has 75 million users. Therefore, on average, a Spotify user discovers 26+ new artists every ...

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Trends

Massive Changes In This Year's Music Sales

Massive Changes In This Year's Music Sales

Source: HypeBot

A recent Nielson report on the year's music sales reveals some interesting new data on how music is being consumed. Massive growth has been seen for streaming services like Spotify, but conventional digital track sales have slumped. Guest Post by Bobby Owsinski on Music 3.0 Nielsen's mid-year music sales report is out and a lot has changed in a mere 6 months. Here are some of the highlights. On-demand streaming from services like Spotify is up 92.4% over last year! Over 135 billion ...

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Trends

College Students ARE Willing To Pay For Streaming Music [SURVEY RESULTS]

College Students ARE Willing To Pay For Streaming Music [SURVEY RESULTS]

Source: HypeBot

Young people won't pay for music, and trying to force them only leads to piracy.  That has been the common wisdom that serves as justification for music on YouTube, Spotify's free tier and more. A new survey of 5000 Americans partially debunks that myth. By music industry analyst Russ H. Crupnick. He blogs at MusicWatch. College students are more willing to pay for music streaming services than non-students, according to a Monmouth University analysis of MusicWatch Inc.’s Annual Music Study, which ...

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Trends

U.S. Music Streaming Market Worth $2.7 Billion By 2019

U.S. Music Streaming Market Worth $2.7 Billion By 2019

Source: HypeBot

Yesterday's launch of Apple Music will surely accelerate mainstream adoption of streaming music.  But how quickly will it happen and what does it mean in terms of revenue for artists and the music industry?  MarketResearch.com has just released a report which forecasts the U.S. music streaming market to grow at a compounded annual growth rate (CAGR) of 20.5% between 2014-2019, driving market value to $2,780.1 million by the end of 2019. With last week's publicity on Taylor Swift and Apple, it's ...

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Trends

On Demand In Demand: Meeting The Needs Of The On Demand Fan [Mark Mulligan]

On Demand In Demand: Meeting The Needs Of The On Demand Fan [Mark Mulligan]

Source: HypeBot

Today at MIDEM I presented the findings of an exclusive piece of research conducted by MIDiA Research in conjunction with MIDEM entitled ‘On Demand In Demand: Meeting The Needs Of The On Demand Fan’.  Original Post Written By Mark Mulligan on Music Industry Blog  The resulting report will be made available exclusively to MIDEM attendees and also to MIDiA Research subscribers. Here are some highlights. Streaming is the way in which people engage with music and is creating fundamental behavioural ...

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Trends

4 Top Internet Trends That Will Impact Musicians

4 Top Internet Trends That Will Impact Musicians

Source: HypeBot

Mary Meeker presented her 2015 Internet Trends report at the Code Conference in Cali and it’s filled with key information for artists. You can read the whole thing here but below I’ve picked out the 4 trends that will impact your music-making-self. Guest Post by Matt Voyno on NewRockstarPhilosophy.com 1. The next revolution for making money as a musician:  BUY BUTTONS Finally mobile commerce has evolved to allow fans to purchase wherever and whenever.  That will literally look like “Buy Buttons” all over Twitter, Facebook, ...

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Trends

How Mobile Devices Are Changing The Face Of "Live" Events [Ticketfly/Harris Survey]

How Mobile Devices Are Changing The Face Of "Live" Events [Ticketfly/Harris Survey]

Source: HypeBot

Whether we like it or not, smartphones, iPads, and tablets have taken up permanent residence in our day to day existence. Fans are on their mobile devices more and more during events - which begs the question, is live tweeting is killing live shows or are smartphones are simply paving the way to the new generation of fan engagement? Is our fear of missing out making us miss out on what's in front of us? An online survey commissioned by ...


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