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Music Streaming Industry - Latest updates on Music Streaming Industry

Streaming Services now make almost half of Global Music Revenues

According to a recent study, paid and ad-supported music streaming services now account for nearly half of all global music revenue. The 2018 financial year witnessed a 10% rise in the global music sales from 2017, leading to the overall revenue of $19.1 billion, out of which audio streaming holds 47%. The revenue from music …

Music Streaming Industry in India Marked 150 Million Users in 2018

Indian Digital-Music market recorded a figure of nearly 150 Mn active users in December 2018. However, earlier it was bandied that the audio streaming market in India involves around 100 Mn audiences. Presence of popular audio streaming applications including Gaana, Wynk Music, Jio Saavn, Amazon Music, and Apple Music is paving significant growth opportunities in …

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