Report: global music subscribers grew to 616.2m in Q2 2022

At the end of 2021 there were 523 million users of paid music streaming subscriptions. The post Report: global music subscribers grew to 616.2m in Q2 2022 appeared first on Music Ally. Source: Music ally

How do SoundCloud’s ‘fan-powered royalties’ work for artists?

SoundCloud revealed its ‘fan-powered royalties’ plans in March 2021, applying them to its community of independent artists. The post How do SoundCloud’s ‘fan-powered royalties’ work for artists? appeared first on Music Ally. Source: Music ally

‘Be The Change’ report reiterates challenges for women in the music industry

Midia Research has published a second ‘Be The Change’ report exploring the challenges faced by women in the music industry. The post ‘Be The Change’ report reiterates challenges for women in the music industry appeared first on Music Ally. Source: Music ally

Midia warns of equitable remuneration’s ‘unintended consequences’

There are still several sessions to go in the UK’s parliamentary inquiry into music streaming’s economics, with Aim, Beggars Group and Jazz Re:freshed next in the hotseat on 4 February, and streaming services still to come too. But we can already see strong pointers towards a recommendation by the committee of MPs that at least a […]

Report claims Spotify has overtaken Apple in key markets for podcast listeners

Reputable figures breaking down the global podcasts market are hard to come by, but there’s been a general consensus that Apple Podcasts (formerly iTunes) has been the biggest platform by far; that the rest of the market is very fragmented; and that Spotify’s aggressive move into podcasts meant it was growing fast to finally become […]

Amuse / Midia report explores Covid-19 lockdown trends for musicians

Distributor Amuse and consultancy Midia Research have teamed up for their second report on the independent music community. One of the headline figures from Independent Artists: Pathfinding Through a Pandemic – that the ‘artists direct’ sector grew by 32% to $873m in 2019 – isn’t a new stat, having originally been published by Midia in March this […]

How has the DNA of a music hit changed since the year 2000?

Midia Research’s latest blog post digs in to how the structure of music hits has changed over the past 20 years, albeit with a limited dataset: the Billboard top 10 in July 2000 and July 2020. It offers four main conclusions. First, songs are shorter overall: a 16% decrease from an average length of four minutes […]

Report: there were 400m music subscribers globally at end of Q1 2020

There were 341 million people using paid music subscriptions at the end of 2019, according to global music industry body the IFPI. Now we’ve got an update on that figure, albeit from a different source. Consultancy firm Midia Research has published its music subscriber market share figures for Q1 2020, claiming that by the end of March […]

Tracking the trends of the ‘self-isolation entertainment boom’

Midia Research has published a report on the entertainment categories benefiting from what it is terming ‘The Self-Isolation Entertainment Boom’. Traditional media, notably TV and especially radio, is growing, with the report noting that in Italy 72% of respondents say they are currently watching more TV. Given radio has been slipping in importance in recent years, Midia […]

It’s too early to tell what coronavirus means for streaming

It’s not great for your work/life balance to spend the weekend feeling grumpy every time you spot that ‘people are streaming music less due to coronavirus’ story doing the rounds – based on a limited comparison of stream counts from the Spotify charts. It’s true that other forms of media may be more appealing to […]

Global recorded music revenues grew to $21.5bn in 2019 says Midia

Music industry body the IFPI will publish its latest Global Music Report on 24 March, revealing the size and growth of the recorded music market in 2019. However, in recent years consultancy firm Midia Research has made a habit of getting in first with its own estimates. This year is no different: Midia has just published […]

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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