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Performance of Music Streaming Services in 2018 – the result is Here!

Roshan Dwivedi Published on : 02 January 2019
Music Streaming Services Performance

Online music streaming has found its way to a successful future in 2018. Last year, both technical and music industry have been benefited.

Though music streaming was developing from the listeners’ perspective, 2018 happened to be amazingly significant for the artists as well. Audio streaming services like Spotify, Apple Music, SoundCloud, and many others, sailed into new areas of self-monetization. But the major revolution came from Music Modernization Act which helped the artists to get increased payments from the streaming services.

According to reports, streaming services had 62% revenue from the music industry in 2017. But 2018 report has shown a good upsurge in the revenue, making it 75%. Music streaming has actually overtaken CDs and digital downloads.

In 2018, many of the popular music streaming services got merged with more third-party devices. Apple Music, Pandora, and Tidal made their appearance in Alexa and Amazon Echo; Apple Music also mingled with Android tablets and Android Auto, whereas Pandora Premium got attached to Google Home, Spotify on Apple Watch, and Amazon Music on Android TV.

Google also launched their new streaming service in 2018 – YouTube Music.

Written by: Roshan Dwivedi

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Upcoming Webinar
December 07

8:00AM PST

The Evolution of Streaming: Past, Present & Future with Muvi

Let’s uncover the past, navigate the present, and chart the course for what’s next in the dynamic world of streaming! In this webinar, we’ll embark on a journey through the dynamic landscape of streaming, exploring its roots, current state, and the exciting innovations shaping its future, all while uncovering the role of Muvi in this transformative journey.

Things the webinar will cover:

  1. Introduction to Streaming’s Origins:
    • Tracing the beginnings of streaming technology.
    • Milestones and key developments that laid the foundation.
  2. Current Streaming Landscape:
    • Overview of the current streaming ecosystem.
    • Market trends, consumer behavior, and the impact of global events.
  3. Muvi’s Contribution to Streaming:
    • How Muvi has played a pivotal role in the evolution of streaming.
    • Case studies and success stories highlighting Muvi’s impact.
  4. Technological Advancements:
    • Exploring cutting-edge technologies influencing streaming.
    • Muvi’s role in integrating and harnessing these advancements.
  5. Content Delivery Strategies:
    • Diversification in content types and formats.
    • Muvi’s solutions for optimizing content delivery.
  6. Monetization Models:
    • Examining varied revenue streams in streaming.
    • Muvi’s tools for effective monetization and subscription management.
  7. User Experience and Engagement:
    • Enhancing user satisfaction and engagement.
    • Muvi’s features for creating a seamless streaming experience.
  8. Future Trends and Innovations:
    • Predictions for the future of streaming.
    • Muvi’s roadmap and commitment to staying ahead of industry trends.

Event Language: English
1 hour