|Policy
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).
Pandora has announced a rebrand, including an updated “P” logo, which is meant to reflect the evolution underway at Pandora now, as it expands beyond radio to better compete with on-demand rivals like Spotify and Apple Music.
The report “Global Mobile Music Forecast 2010-2022” finds that despite a decline in full-track downloading segment, overall growth in streaming music, both paid and ad-funded free services, are driving the market growth.
In this paper, we study how the adoption of music streaming affects listening behavior. Using a unique panel data set of individual consumers’ listening histories across many digital music platforms, adoption of streaming leads to very large increases in quantity and diversity of consumption in the first months after adoption.
This paper analyses the behaviour of digital music consumers on the Internet. Using clickstream data on a panel of more than 16,000 European consumers, we estimate the effects of illegal downloading and legal streaming on the legal purchases of digital music.
Using comprehensive digital sales data by time and vintage on the US, Canada, and 15 European countries, we infer the evolution of music vintage quality, finding that vintage service flow has increased since 2000.