The two leading platforms are Spotify with 35 percent and Apple Music, with 19 percent. Amazon Music is third with 15 percent of market share. Paid subscriptions represented 80 percent of total revenue, with advertising and brand partnerships rounding out the remaining 20 percent. – Ludwig Van
Anyone who’s tried to stream classical on Spotify or iTunes knows that it’s not easy. Now two new streaming services, created specifically for classical hope they’ve solved the problems. – Musical America
Music streaming services such as Spotify and Apple have notoriously bad interfaces for classical music. The problem is meta-data, the absence of which makes it difficult to properly search. Now Idagio, “launched in the United States and Canada last fall, is a new streaming service focusing solely on classical recordings—but focusing on doing it right.” … Continue reading “Does A New Classical Music Streaming Service Solve The Meta-Data Problem?”
Called Primephonic, the platform claims to have nearly all classical music ever recorded, with over 1 million tracks available at the push of a button.
More than 30 million people are now paying for a subscription streaming service in the U.S., which pushed streaming revenue up 48 percent, to $2.5 billion, in the first half of the year. Streaming now accounts for 62 percent of the U.S. music business.
“Consumers initiated 133.9 billion streams in the first quarter, up from 99.1 billion during the same period last year, continuing the growth of 39% overall in 2016 compared to 2015. Translated as album sales, using a formula that assigns one sale for every 1,500 song streams, the music industry also experienced continued growth, but at … Continue reading “Music Streaming Up 39 Percent From A Year Ago”
It’s a cliche of course that tools define the art. The recording industry is declaring 2016 the year that streaming became the primary way people are getting their music. But it’s not just that streaming is a vehicle. It’s changing the ways artists are thinking about their projects. Streaming music services such as Apple Music, … Continue reading “How Music Streaming Is Changing The Ways Artists Think About Their Music”
Amazon and Pandora “are set to introduce new versions of their streaming services in coming weeks, charging as little as $5 a month.”
Pandora is no longer a newcomer that needs help—it’s a music industry giant that should pay a fair price to artists.
Digital downloads of songs continued to fall out of favour in the first half of the year, while free and paid music-streaming revenue kept growing, even without much of a bump from the launch of Apple Music.
