As per studies stated that 41% of adults in the US prefer using a music streaming service to listen to music. The number has increased 31% more when compared to radio listeners. The demand for audio streaming has increased because the age group for such listeners is mostly millennials.
Finally, after all that buzz, Google introduces its dedicated music streaming service – YouTube Music in India. With both free and premium versions, YouTube Music is all set to battle out with the existing players of the music streaming market in India – Spotify, JioSaavn, Gaana, and Hungama. The premium paid version of YouTube Music …
Cars and smartphones go hand in hand nowadays. A recent research claims the wireless links between cars and mobile devices have led music streaming services and podcast to be the first choice over the traditional radio service. The study claims one in six drivers now chooses to listen to a podcast, audiobook, or downloaded or …
According to research reports, music industry market recently has seen an upsurge in revenue generation. Music streaming has contributed 75% of all the industry revenue. Revenues grew from $4.2 billion to $4.6 billion, up at 10% on a yearly basis thanks to expanding music streaming services and their paying subscribers. Mitch Glazier, President of RIAA …
Telecommunications provider KT’s affiliate, Genie Music is all set to launch a new music streaming platform using fifth-generation (5G) networks. With an aim to capitalize on the ever-growing mobile music market, the music 5G platform will feature both music streaming service and visual content. Kim Hoon-bae, CEO, Genie Music quoted, “Visual content will be a …
According to reports, music streaming services have overtaken radio among the British youngsters. Online music streaming services now account for 8% of all audio listening in the UK. 15-24 year old Brits spend around 29% of their time on listening to online streaming music, and 9% using music video channels/ sites for background listening. The …
Telecom giant, AT&T has partnered with Pandora to provide a music streaming service as part of the wireless carrier’s premium mobile subscription. Under the deal, AT&T’s 142 million mobile subscribers will get access to Pandora Premium. With competition from Spotify and Apple Music looming large, the partnership with AT&T opens up opportunity for Pandora as …
According to reports, nearly 7 out of 10 internet users in Germany (69 percent) claim to use music streaming services. Around 15.40 percent of respondents said to have used music streaming services such as Spotify and Napster, while one-third of users (34 percent) said to have subscribed to pay-for-premium streaming services. The report also states …
Technology giant, Apple music streaming service, Apple Music has hit the 50 million subscribers mark, a big leap from the 40 million, as reported in April. According to reports, Apple is committed to develop original on-demand video content with an aim to diversify into the domain of Netflix and Amazon Prime. Tim Cook, CEO, Apple …
Twitter has written down almost $70 million investment in SoundCloud referring that digital music industry is a challenging industry to rake in. Jack Dorsey, CEO Twitter, invested in music streaming service SoundCloud in 2016 and has written off the deal in one year. It is said that Twitter has realized that the invested amount cannot …
