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Amazon Is Now 3rd Largest Subscription Music Service In The World [Mark Mulligan, MIDiA]
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Amazon is now the 3rd largest paid music subscription service in the world, according to a new MIDiA analysis. Their just published report looks at Amazon’s streaming music strategy and how this fits within the wider competitive landscape. Some highlights from MIDiA analyst Mark Mulligan: Back in the days when online music meant online CD sales, ...
RIAA Releases State Of Music Business Mid-2017: Streaming Subscriptions Drive Revenue Growth
Amazingly enough, 2017 is halfway gone already which means it's time to take stock of the music industry as a whole, looking at where revenue has increased and how companies have been able to adapt to a rise in the popularity of streaming. Guest post by Cary Sherman, Chairman & CEO of the RIAA on Medium Today ...
Indie Rock Is Thriving On Pandora
The state of indie rock? Always up for debate. The state of indie rock at Pandora? Never been better, says the music streamer's Glenn Peoples, who took a deep dive into the data. By Glenn Peoples, Music Insights and Analytics at Pandora Lord Huron, a folky four-piece that weaves rural tradition into the skinny-jeaned sounds of ...
How College Students Discover and Consume Music
College is where we form lifelong listening habits, so the battle for collegiate ears is an important one. Yesterday, Spotify announced a premium bundle with Hulu for students at just $4.99 to drive sign-ups. Allison Ullrich, Manager, College & Lifestyle Marketing at The Orchard shares key insights into the listening habits of this key demographic. By Allison ...
Goldman Sachs Predicting $28 Billion Streaming Music Market - Should Anyone Care?
In its most recent 'Music In The Air' report, Goldman Sachs is speculating that the music streaming industry will be pulling in $28 billion by 2030, and while this certainly seems like good news for the music business, the prediction comes with certain caveats, and should be taken with a grain of salt. Guest post by ...
Desktop Still Beats Phones For YouTube Viewing [New Survey]
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Social media is moving to mobile, but the desktop is still the most popular device to watch YouTube videos for consumers across generations. In its Q3 report, “The Generational Debate,” Strike Social examined a year of YouTube campaigns across 25 verticals in the U.S. and found that desktop computers had the highest view rate across devices ...
Elvis Presley and The Tale Of Two Very Different Music Industries
Elvis is King! Or is he? As we commemorate 40 years since his death, how are Elvis and his fellow legacy artists fairing in the new music industry landscape as compared to their younger counterparts? Is YouTube for everyone, for example? And Spotify promises long tail revenue, but does that include Elvis and his peers? Guest post ...
3 New Statistics About Millennials’ Live Music Tastes
A new slew of research is out on millennials' live music preferences, showing that they both are attending festivals more often and for a broader variety of reasons, including the need to engage with a community and support artists they feel are affecting positive social change. Guest post by Rachel Grate of Eventbrite Millennial attendance of ...
How Music And The Smart Speaker Will Help Each Other Succeed
The recent rash of voice-activated internet-enabled speakers (looking at you Echo) have quickly risen to become Pandora's most rapidly growing consumer electronics product. Here we look at how this trend will benefit both smart speakers and the music industry as a whole. Guest post by Glenn Peoples, Music Insights and Analytics at Pandora from Medium In fewer ...
WMG Reports Strong Q3 Driven By Streaming Revenue
Warner Music Group Corp. today announced third quarter financial results for the period ending June 30, 2017. It was WMG's strongest quarter in years. Net income was $143 million, compared to a $7 million loss in the prior-year quarter. Total revenue grew 13.1% or was up 15.5% in constant currency. Digital revenue grew 30.2% or was up ...
