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Amazon now has more than 55m music streaming users

Amazon has announced a big milestone for its music-streaming business: more than 55 million users. “The streaming service has reached more than 55 million customers globally, with subscriptions to Amazon Music Unlimited...
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In 2019, UK music-streaming spending passed £1bn for the first time

Consumer spending on music streaming in the UK passed the symbolic £1bn mark for the first time last year, according to figures published by the Entertainment Retailers Association (ERA) today. Brits spent just over £1bn...
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Triller claims 26.5m users make it ‘bigger than TikTok’ in the US

Social music-video app Triller has announced a swathe of new artist investors; launched full-song in-app streaming; and trumpeted a new milestone of 26.5 million monthly active users (MAUs). The latter is a big surprise,...
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Songtrust royalty collections have grown by nearly 250% in 2019

Royalty-collecting startup Songtrust is finishing 2019 by revealing some new figures on the growth of its business and the creators it represents. The company, which is a subsidiary of Downtown Music, says that the royalties...
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Rostr report analyses stats for world’s top management firms

Rostr is the ‘AngelList for the music industry’ startup whose launch Music Ally reported on earlier this year, including the fact that its CEO Mark Williamson was formerly Spotify’s global head of artist and industry...
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Spotify Wrapped 2019 sparks new discussion about artist income

As Spotify launched the artist-focused element of its Wrapped 2019 promotion yesterday, the streaming service also offered some new statistics. More than 1.2 million artists were listened to for more than 100 hours on Spotify...
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Billie Eilish wins big in Apple awards and Spotify 2019 stats

What we need, said almost nobody in the music industry, are a few more awards ceremonies. But now we have two, from the world’s biggest subscription music-streaming services. Spotify’s first awards will take place...
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Artist Zoë Keating reveals latest Spotify per-stream payouts

Independent musician Zoë Keating has been one of the key sources for anyone trying to understand the music-streaming economy for many years now. She first published her sales and streaming data (income included) in...
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CISAC report reveals growth in global music collections

CISAC, the global collecting-societies body, has published its annual 'Global Collections Report' setting out the collections of its 239 members in more than 120 countries. As ever, it's a useful counterpart to the IFPI's...
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Spotify now has 248m listeners including 113m premium subscribers

Spotify has announced its latest financial results, for the third quarter of 2019. The streaming service now has 248 million monthly active users (MAUs), up 30% year-on-year, having added 16 million in Q3. 113 million...
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Mixcloud posted revenues of £2.4m in 2018 – and a £3m loss

Audio-streaming service Mixcloud has published its financial results for 2018 through Companies House in the UK: and unlike in previous years, the accounts have been published without a small-company exemption, thus giving...
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Shazam financials reveal it added 78m users in 2018

Shazam reached 478 million annual active users in 2018, which is 78 million more than in the previous year. The company’s revenues fell by 23% to £31.4m last year, but it swung from a loss of £17.7m in 2017 to a profit...