Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Apple Music grows despite drop in streaming music payment rates 18 January 2018

According to a report, with the increase in streaming consumption, the per-stream rate has been dropping each year and 2017 is no exception. The data is restricted to the calendar year 2017 and represents a mid-sized indie label with an approximately 200+ album catalog generating 200 million + streams annually.

Spotify, which was paying .00521 back in 2014, has dropped to 0.00397, a reduction of 9% since last year. This is a cumulative reduction of 24% since 2014, which is an average decrease of 8% a year of the per-stream rate.

Among others, Pandora replaces YouTube with the greatest value gap of streams at 21.56% volume with only 7.86% of revenue. YouTube, on the other hand, drops to 8.38% of volume with only 1.70% of revenue.

However, Apple Music Streaming is unfazed by these numbers and recorded the second largest amount of streaming revenue for the second consecutive year. While the current per stream rate saw a modest increase from .00735 last year to .0783 this year, the nominal increase is one highlight. Apple’s current effective rate of .00783 is close to double the Spotify effective rate of .00397.

In addition to this, the market share of Apple has grown to 11% in 2017 from 7.18% in 2016. Apple Music, now, accounting for over 22%+ of music streaming revenues up nearly 11% from last year. So, one can say that Apple is snatching market shares away from Spotify.

 

Don't forget to share this post!


Latest Posts

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Related Blogs
11 Biggest Streaming Mistakes That Live Streamers Make + How to Avoid Them

11 Biggest Streaming Mistakes That Live Streamers Make + How to Avoid Them

  Are you a newbie live streamer, afraid of streaming mistakes? Then, you are on the right page! We will...

30 March 2023
The 9 Best Live Broadcasting Software of 2023

The 9 Best Live Broadcasting Software of 2023

  Introduction Live streaming has become quite popular over the last decade and has emerged as an easy-to-reach method of...

27 March 2023
Get a Free ‘Exclusive’ Visitor Pass for The NAB Show Las Vegas, 2023,with Muvi

Get a Free ‘Exclusive’ Visitor Pass for The NAB Show Las Vegas, 2023,with Muvi

Muvi – the world’s first no-code OTT platform is ready to showcase its powerful features at the NAB Show 2023,...

23 March 2023
The Importance of Security in eLearning Platforms

The Importance of Security in eLearning Platforms

  In recent years, eLearning has become increasingly popular as a means of accessing education and training online. With the...

20 March 2023
Design Stunning VOD Websites & Applications with Muvi Visual Designer at NAB 2023 Las Vegas

Design Stunning VOD Websites & Applications with Muvi Visual Designer at NAB 2023 Las Vegas

  Celebrating 100 years of broadcast media and entertainment innovation, NAB 2023 is just a few days away. The best...

17 March 2023




 

Book a Meeting
close-link