RIAA mid-year stats: 10% growth in US recorded-music market

US industry body the RIAA has published its mid-year figures for 2018, outlining the growth in recorded-music revenues in the first half of this year. Retail spending on recorded-music grew by 10% year-on-year to $4.6bn, while wholesale revenues (after the cut taken by digital services) also grew by 10%, to $3.1bn. Streaming now accounts for […]

Music Biz / AudienceNet study explores US music-listening habits

Industry organisation Music Biz and research firm AudienceNet have published their latest study of US music habits, based on a survey of 3,000 Americans in July 2018. Among its findings: 20% said their favourite media/entertainment activity is listening to music: level with streaming video and ahead of viewing social-media content (19%), watching terrestrial TV (17%), playing […]

Report predicts 4.4bn mobile-broadband users by end of 2018

UN agency the International Telecommuncation Union knows its onions when it comes to mobile statistics, so its latest report comes with plenty of credibility. It claims that by the end of this year, there will be 4.4 billion mobile broadband users globally, up from 4.2 billion at the end of 2017, and 3.2 billion at the end […]

YouTube is ‘the main way consumers aged 16-44 discover music’

Music videos continue to be the most popular video category on YouTube, accounting for 32% of views on the platform. This, at least, is the estimate published by research firm Midia Research in its latest State of the YouTube Music Economy report. The post YouTube is ‘the main way consumers aged 16-44 discover music’ appeared […]

Amazon Prime Music may have overtaken Apple Music in UK

It’s been clear for some time that in terms of music subscribers, Amazon is now the third player globally behind Spotify and Apple Music. Could it have vaulted Apple Music into second place in the UK however? That’s the conclusion of the latest report from research firm Kantar Worldpanel as reported by Music Week. Its Entertainment Retail […]

Smart speaker sales, forecasts and market share: Amazon Echo, Google Home, Apple HomePod and more

The music industry is intensely interested in the growth of the market for smart speaker devices: Amazon Echo, Google Home, Apple HomePod and other speakers controlled via voice assistants like Alexa, Google Assistant and Siri respectively. Research firms are also interested in this market, putting out regular estimates of how well these devices are selling […]

France now sees 1bn audio music streams every week

France is the latest major market to publish its recorded music sales numbers for the first half of 2018, with the headline news being that on-demand streaming grew 39% from the opening six months of 2017 and now makes up 56% of the total market. Recorded music trade body SNEP reports that there were 27bn […]

Report: Amazon now accounts for 49.1% of US e-commerce market

Amazon is about to fire the starting trigger on its annual Prime Day of shopping deals, and research firm eMarketer has put out some new analysis of the company’s place in the US online-retail sector to accompany it. Its analysts reckon that Amazon will do $258.22bn of US retail sales this year, accounting for 49.1% of all […]

PwC predicts video-streaming will be a $30.6bn market by 2022

The global ‘over-the-top’ video market will grow from $22.6bn in 2018 to $30.6bn in 2022, according to the latest prediction from PricewaterhouseCoopers. Its Global Entertainment and Media Outlook 2018-2022 report suggests that 79.6% of OTT revenues – over-the-top means video delivered outside the traditional cable/satellite/terrestrial broadcasting networks – last year came from subscription video-on-demand (SVOD) services […]

Report claims Apple’s music app has 49.5m users in the US

Research firm Verto Analytics has put out some new numbers comparing Apple Music and Spotify in the US, but it’s important to understand exactly what it’s measuring. And what it isn’t. “This month’s Verto Index looks at the top streaming music properties, from Apple Music to TuneIn Radio, among U.S. adults (ages 18 and above)” […]

Nearly 8.3m Brits were music-streaming subscribers in January

While recent ERA and BPI figures have made much of the growth in revenue and consumption of music streaming services in the UK, they didn’t explains how many people in Britain pay for a music subscription. Now we have a – tentative – answer: ERA consumer tracking figures – which are based on 2.5k people […]

New report quantifies the independent US creative economy

A new report published by a lobbying coalition called Re:Create – we’ll get to who that is in a bit – is trying to put some numbers to the independent creative economy in the US. The report is deliberately narrow in focus, attempting to calculate how much musicians, filmmakers, artists and other creators earned from […]

eMarketer claims Facebook is losing more younger users

‘Young people are ditching Facebook’ is a tech-industry trope that’s been running for at least five years now, without yet having an obvious impact on the social network’s growth or revenues. However, eMarketer’s latest report at least has data to back up its claim: “This year, for the first time, less than half of US […]

eMarketer claims YouTube is ‘close to saturation’ in the UK

Research firm eMarketer has published some data for YouTube viewership in the UK, claiming that more than 90% of people classed as ‘digital video viewers’ regularly visit the service. “In 2018, 40.4 million people, or six out of 10 people in the UK, will watch video via the YouTube app or website at least once […]

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 […]

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 […]

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 […]

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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