Fueled by tremendous creative output by groundbreaking artists and now more than 50 million paid subscriptions, the U.S. music industry experienced its third year of consecutive growth in 2018 with retail revenues up 12% to $9.8 billion. Streaming now comprises 75% of total industry revenues. Vinyl continues to be a bright spot for the physical…
Total Album Equivalent Consumption In the U.S. Increased 23% in 2018: International Acts Go Mainstream and Female Artists Lead the Way
Amid an array of choice when it comes to platforms and devices for media consumption, one thing remains constant: Americans’ unwavering love for music. According to Nielsen, the music industry experienced significant overall growth in 2018, with total album equivalent audio consumption up 23% over 2017, driven by a 49% increase in on-demand audio song…
More Explosive Data: Total On-Demand Music Streams Rose 49% in 2018
According to Nielsen’s just-published data, the music industry experienced significant overall growth in 2018. Total album equivalent audio consumption grew 23% over 2017. This was driven by a 49% increase in on-demand audio song streams last year.
Pandora Plans to Invade Your Holiday Travel With the Launch of ‘Sound On’
The holiday season can make you feel all kinds of emotions—happy, excited, an impending sense of doom. Who’s to say? But no matter what you feel this holiday season, Pandora wants to remind you that things are always just a little bit better with music.
Paid music streaming subs 235m by year end
Music streaming continues its ascendance, with the number of paid streaming subscriptions on track to reach 235 million worldwide by the end of 2018, according to a new music market report from Futuresource Consulting.
The Consent Decrees are at it Again!
For the first time in nearly three years, music licensing has become a hot topic in Washington, D.C. Last time I wrote extensively on the subject was in “Transparency in Music Licensing and the Statutory Remedy Problem,” a paper responding to the controversy surrounding two District Court consent decrees involving Broadcast Music, Inc. (BMI) and the American…
Pandora will use its music discovery skills to recommend podcasts
For years, Pandora has been breaking down songs into all sorts of different characteristics in order to personalize listening experiences to each user, and now it’s applying that treatment to podcasts.
Halfway Through 2018, Streaming’s Continued Growth Defies Mathematical Trends
In the first half of 2018, overall on-demand streaming increased 41.7 percent to reach 403.5 billion U.S. streams, according to Nielsen Music. That growth defies mathematical trends, which dictate that, as a base enlarges, it becomes harder to achieve a bigger percentage growth than in preceding time periods.
Music Licensing: A History
There are a number of separate copyrights in music, but the history of ASCAP, BMI, SESAC and the broadcast industry involves only one, the “small” or “non-dramatic” public performance right.
Pandora Picks Up The Pace On Programmatic
After purchasing programmatic audio platform AdsWizz in March, Pandora has become a force in the market.