Streaming Archives

US music revenues grew for 8th consecutive year

26/03/2024

US music revenues grew for 8th consecutive year in 2023 up 8% to a record high of $17.1 Bn according to figures released by the RIAA. Streaming continued to be the biggest driver of growth with record levels of paid subscriptions, continued growth in ad-supported revenues and growing contributions from new platforms and services. Paid subscriptions continue to drive streaming growth Streaming continued to account for the great majority of recorded music revenues in 2023. Paid subscriptions, […]

Streaming now makes up 88% of Swiss music sales

11/03/2024

Streaming now makes up 88% of Swiss music sales with total sales of CHF 233.9 million in 2023, 5% more than in the previous year according to IFPI Switzerland. Music streaming services such as YouTube, Apple Music and Spotify grew to CHF 206.1 million (+8%) and now accounts for 88% of the overall market. Sales of downloads and physical recordings continue to decline. The moderate growth in vinyl that has continued since 2010 fell slightly […]

German music sales continued to grow in 2023

07/03/2024

German music sales continued to grow in 2023 with revenue reaching €2.21 Bn – up 6.3% on 2022 according to the BVMI in recently released figures. The majority of sales, 81.5%, were generated from the digital business, which grew by 7.9%, driven by audio streaming (+8.4%), which now has a market share of 74.8%. The physical market (18.5%) remained stable (+0.1%) due to renewed significant vinyl growth of 12.6%. CD sales fell by 5.9% but still remains the second strongest […]

TIDAL cuts the cost of HiRes streaming

07/03/2024

TIDAL cuts the cost of HiRes streaming by combining its HiFi Plus and HiFi tiers into a single subscription tier called TIDAL. Available from the 10th April, the streamer is updating the pricing across all of its 61 countries giving subscribers access to the complete 110 million track catalogue. The US pricing is as follows which essentially reduces its combined price to the same as its existing HiFi tier: The TIDAL Individual plan for $10.99 […]

Spotify adds a new Audiobook Access subscription plan

06/03/2024

Spotify adds a new Audiobook Access subscription plan giving booklovers 15 hours of listening for $9.99/month. Available only in the US it grants access to over 200,000 titles. According to Spotify, ‘this plan and in one app experience, listeners can continue to tune into music and podcasts on our free, ad-supported service, offering a great option for literary enthusiasts who are looking for more audiobook-specific content.’Given that Spotify Premium is $10.99/month in the US and […]

Deezer releases Apple TV app

11/02/2024

Deezer releases Apple TV app allowing users to directly access Deezer on their Apple TV without having to AirPlay the app or website from an iPhone, iPad, or Mac. The app can be downloaded from the Apple App Store here. The Apple TV app joins its Android companion app which can be found here on the Google Play Store. Deezer is fast becoming a serious alternative to Spotify with over 120 million tracks available in lossless […]

Deezer adds a new couples subscription plan

08/02/2024

Deezer adds a new couples subscription plan called Deezer Duo that allows two people to have premium accounts at a third discount. A Duo account will cost £15.99/month compared to a single account which costs £11.99/month. For those who can or want to pay by annual subscription (£174.99) a further discount can be had which reduces the subscription to an equivalent of £14.58/month. Duo accounts have all the benefits of Deezer Premium including listening offline […]