Next for music subscriptions: new markets, diversity and rethinking value

The music industry made around $7.1bn from streaming subscriptions in 2018, according to industry body the IFPI. That was 32.9% year-on-year growth, with subscriptions generating 37% of global recorded-music revenues. How can the music industry (and the streaming services) build on that growth in the coming years? What will drive the next spikes in paid […]

Music streaming in 2019: radio rivalry, Spotify sustainability and ‘west versus east’

Streaming was the big driver behind the recorded-music industry’s 9.7% growth in 2018, according to the IFPI. In fact, streaming revenues grew by 34% to $8.9bn, accounting for 47% of the global total. At the end of 2018, there were 255 million users of paid streaming subscriptions, up from 176 million at the end of 2017. […]

Could streaming services offer ‘creator support’ for artists?

The idea of ‘top-up’ crowdfunding-style payments within music-streaming subscription services is something Music Ally has floated in the past: the idea that (for example) Spotify’s billing relationship with its subscribers could be used to help them spend a dollar or two a month more on individual musicians, likely in exchange for exclusive content and other […]

Report claims label-free artists made $643m in 2018

The IFPI is due to publish its Global Music Report for 2018 next month, but as usual, consultancy firm Midia Research is getting in early with its own estimates – although perhaps in an effort to avoid any tensions with the music body, this year its figures aren’t coming out the same week as the […]

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