Technology has transformed the way consumers engage with entertainment, allowing SiriusXM to instantly connect them to their favorite song, podcast or satellite radio program at the push of a button. This has made intellectual property issues central to the modern digital economy as companies need to be able to legally and affordably provide consumers with…
Privacy
SiriusXM and all our brands provide a brand-safe, trusted environment for customers and advertisers. More than two decades ago, Pandora launched the Music Genome Project – the most comprehensive analysis of music ever taken. Today, billions of data points help us understand our users’ preferences, enabling us to bring our users the best, most personalized listening…
Global Recorded Music Revenues Grew By $1.4 Billion in 2017
MiDIA - Music Industry Blog
Mark Mulligan
2017 was a stellar year for the recorded music business. Global recorded music revenues reached $17.4 billion in 2017 in trade values, up from $16 billion in 2016, an annual growth rate of 8.5%. That $1.4 billion of growth puts the global total just below 2008 levels ($17.7 billion) meaning that the decline wrought through…
DiMA Streaming Forward Report
DiMA
Annual Music Report, A MIDIA Research Report
The music industry is streaming forward. In 2017, we saw an astounding 63 percent increase in subscription streaming revenue.1 Both subscription and advertising-supported music services saw significant increases in revenue earned and royalties generated. Thanks to streaming, the industry is poised for sustained growth in the future. DiMA members
How Streaming is Changing Music (Again)
Harvard Business Review
Michael Luca and Craig McFadden
Beyoncé made history with her album Lemonade, which was streamed a record 115 million times in its first week. Just one week later, Drake broke that record when his album Views was streamed 245 million times. The age of streaming music has arrived in full force, displacing both physical sales (e.g., CDs) and downloaded songs (e.g., iTunes).