Tag Archives: Downloads

Music Streaming increased in 2015

2015 was a milestone year for streaming music in the United States. For the first time, streaming was the largest component of industry revenues, comprising 34,3% of the market, just slightly higher than digital downloads, according to RIAA.

All parts of the streaming music market grew in 2015, and total streaming revenue exceeded $2 billion for the first time ever. Combining all categories of streaming music like subscription, ad-supported on-demand, and SoundExchange distributions, revenue grew 29% to $2,4 billion.

The number of paid subscriptions grew 40% to an average of 10,8 million for the full year.

 

RIAA

 

Apple Inc launched its Apple Music last summer and I think that helped the streaming category a lot. Subscription and streaming went straight up. The streaming category includes revenue from subscription services such as paid versions of Spotify, Deezer and Apple Music to name a few.

It also comes from streaming radio services that are distributed by SoundExchange like Pandora, SiriusXM, and other internet radios. On top of that you have YouTube, Vevo and ad-supported Spotify.

This is all good for the artists and music industry, but for the distributors it can be different because they are all selling the same $9,99 product. They all have the same 30 million tracks and their target is the same group of consumers.

The rise of music streaming is clear. Streaming accounts for $2,4 million in 2015. Up from $1,9 in 2014. Downloads is down from $2,5 to $2,3 million in 2015, while physical is down from $2,2 to $2,0 million in 2015.

This data tells us that the music industry had the most balanced revenue mix in recent history were 1/3 of revenue coming from each of the major platform categories; streaming, permanent downloads and physical sales.

Streaming continue to increase its market share, but it is a big surprise for someone to see that Vinyl LPs were up 32% by value versus the prior year, and at $416 million Vinyl LPs were at their highest level since 1988.

 

phonogram

 

Phonogram is a patent by Ritter P Winne. A citizen of the United States, residing at Brooklyn, in the country of Kings and State of New York. The patent is from 4 December 1906 which means that the phonogram is celebrating 100 year on December 4, 2016.

Some people still print their news on dead paper. Some people still print their music on dead vinyl, and some people still use horses. But the majority prefer cars.

 

sb-wall5

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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All-Time High for Digital Music

As a music lover I`m following the music market closely, and streaming services has increased in value of one-third from 2013. The streaming services is overtaking CD`s for the first time. Pandora, Spotify, Rhapsody and SiriusXM are among the leaders in this business.

Audio streaming and downloads accounts for 64% of the total market, and according to the Recording Industry Association of America (RIAA), sales of digital music formats hit $4,51 billion in 2014.

headphones

Permanent downloads remain the largest source of revenue at 37 percent.

Streaming services is up $1,87 billion in 2014 and paid subscriptions earned $7,7 million last year. Retail revenue value came in at $6,97 billion last year.

The figure is slightly down from the previous year and points to a flat revenue picture for the industry, which has long worried about revenue decline from digital music piracy and the obsolescence of physical formats like CD`s.

Apple`s acquisition of Beats Electronics will change the streaming business. Apple`s iTunes revenue has plummeted and that`s why they bought Beats. They want to compete with one of the biggest in this business; the Swedish brand Spotify.

Apple is planning to sell the music cheaper than it is today. Is that good for the music industry?

The problem in the music tech industry right now is that the ecosystem is broken and has been broken for many years now. If Apple sells the music cheaper, then the others will follow. Apple and Spotify will earn on it, but I don`t really care about them.

The most important thing in the music industry is that the money goes to the producers and artists of the music. Not to the distributors. The music industry need a new business model for music tech companies and change the copyright reforms.

Spotify is used by more than 50 million people but is it profitable for the artists? Taylor Swift`s decision to yank her music off of Spotify is one of the latest episode in the battle over the music industry`s diminishing profits.

Spotify`s payout range is $0,006 to $0,0084 per stream. With 46,3 million streams, Taylor Swift`s payout is $280k – $390k for her chart-toppin single «Shake it off».

Apple already have their own market and is poised to be a big winner, but Spotify will be difficult to break. Rdio and Deezer need to kick ass to still be in the market, and Facebook has been in bed with Spotify for years now, so Spotify will remain strong.

Artists can earn money from other arenas like the live concert subscription service Jukely. People can see all the concerts they want for only $25 a month. Live.ly failed but a similar product is up and running right now. Maybe they will succeed with their new Set.FM.

YouTube is planning to debut an analytical tool that will provide geographical viewer information to help artists route tours and that one is similar to Pandora`s Amp. Facebook inches closer to YouTube`s traffic with 3 billion views a day.

Clean Bandit`s megahit «Rather Be» is the most streamed song of 2014, the Official Chart Company can reveal. The song was streamed 39,7 million times. 15 billion songs were streamed in 2014, and the number is almost double of that in 2013, where 7,5 billion tracks were streamed.

«Rather be» fends off competition from Pharrell Williams’ monster hit Happy, which takes second place with 35 million streams. Close to Happy is John Legend`s «All of me» with 34,9 million streams.

This is a big jump in music streaming in only one year, but this is just the beginning. The massive growth means that streaming now accounts for 12,6 percent of all music consumed in the UK, compared to only 6,2 percent in 2013.

What do you think will happen with new services including Apple`s Beats and Google`s YouTube Music Key set to launch later this year? The platform`s growth will skyrocket in the next 12 months as it cements its position at the heart of mainstream music consumption.

 


Click the link below and check out the Fan Fund

https://www.eventbrite.com/e/fan-fund-tickets-15580655159


 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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