17% of VC-backed startups have at least one woman as a founder

A study conducted by CrunchBase has found that only 17% of startups receiving their initial round of venture funding in 2017 had at least one woman as a founder. What’s more, that percentage has stayed static since 2012, having risen steadily in the three years before that. In 2017, all-women teams accounted for 3% of […]

Pandora was fourth top non-game app for revenue in 2017

Pandora was the fourth biggest non-game app across Android and iOS in 2017 in terms of revenues, according to app analytics firm SensorTower’s end-of-year report. Its analysis of in-app purchases ranks Pandora behind only Line, Tinder and chart-topper Netflix – with the latter thought to have earned $510m from in-app subscriptions in 2017, up from […]

NPR / Edison: One in six Americans now own a smart speaker

January has already seen a flurry of new research into smart speakers, timed to coincide with the CES show in Las Vegas. The latest example comes from NPR and Edison Research, who surveyed 1,816 Americans in November and December. 16% said that they own a smart speaker, which scales up to around 39 million people […]

On-demand video was 22.8% of US music consumption in 2017

We reported on the latest music-consumption stats from the UK yesterday, but now Nielsen has published its data for the US, revealing even bigger growth for 2017. Specifically, sales and streams of albums and songs grew by 12.5% last year in the US, driven by a 59% increase in on-demand audio streams. Nielsen also noted […]

UK spending on recorded music grew by 9.6% in 2017

Brits spent more than £1.2bn on recorded music in 2017, a year-on-year increase of 9.6% fuelled by the growth of streaming subscriptions. Figures released by the Entertainment Retailers Association (ERA) revealed that people spent £577.1m on streaming subscriptions, up 41.9% from 2016’s £406.6m. This more than outweighed a 3.4% decline in physical sales to £459.4m […]

Paid online-music market tipped to grow 59% in China

The market for ‘paid online music’ in China is expected to grow by 59% this year to $455m according to research firm iResearch, whose prediction is quoted prominently in the Financial Times’ latest piece on China. It focuses on the evolving dynamics of the Chinese streaming market, where the exclusive licensing deals signed by Tencent […]

With 16m music subscribers Amazon is no longer a dark horse

We’ll stress upfront that this isn’t an official announcement from Amazon: the company hasn’t abandoned its policy of keeping its key music stats to itself. Instead, this is an estimate from Midia Research, claiming that with 16 million subscribers across Prime Music and Music Unlimited, Amazon is now the third biggest music-subscription service in the […]

Apple and Google app stores reached new heights in Q3 2017

The latest report from research firm App Annie claims that combined app downloads on iOS’ App Store and Android’s Google Play were nearly 26bn in the third quarter of this year. That’s up 8% year-on-year, and as App Annie points out, the figure relates to new app installs, not reinstalls or app updates. The post […]

RIAJ research gives new insights into streaming challenge in Japan

What’s the most popular way to listen to music in Japan? Many people in the music industry’s first answer would be CD, given the market’s continued domination by physical sales. But no. According to research published earlier this year by industry body the RIAJ, the most popular way to listen to music in Japan is […]

RIAA half-year figures reveal 17% rise for US recorded-music revenues

Paid music-streaming subscriptions are the star of US industry body the RIAA’s latest half-year figures, which show a 17% year-on-year rise in recorded-music retail revenues in the first six months of 2017. That means $4bn of spending on recorded music in the first half of the year, up from $3.4bn in the first half of […]

Smartphones reaching usage tipping-point in the UK

2017 is set to be a tipping point in the UK for the way people access the internet, with smartphones overtaking desktop and laptop computers for the first time. That’s in terms of time spent a day, according to research firm eMarketer. It claims that this year, Brits will average one hour 59 minutes on […]

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