Tag: market data

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France’s music market grew by 0.4% in first half of 2020

Industry body SNEP has published its figures for France's recorded music market in the first half of 2020. It reveals a 0.4% year-on-year growth in revenues to €279m, a notable slowdown from the increases in recent years. And...
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IMI boss says there are only 1m music subscribers in India

Blaise Fernandes is the boss of Indian music industry body IMI. He's been talking to Exchange4Media about the challenges for the streaming music market ['audio OTT' is the preferred phrase there] in India. "OTT is our...
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US recorded music revenues grew by 5.6% in first half of 2020

US music industry body the RIAA has published its annual mid-year stats for the recorded music market there. They show that revenues grew by 5.6% year-on-year to $5.7bn in the first half of 2020. The story here, as in...
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Spain’s recorded music revenues growing despite Covid-19

The latest national music body to reveal recorded music figures that include the initial impact of the Covid-19 pandemic is Promusicae in Spain. Recorded revenues for the first half of 2020 grew by 4% year-on-year to €145.1m. That's...
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Covid-19 may spark 56% drop in electronic music industry value

Every year, the IMS Business Report offers a roundup of trends in the electronic music world. This year's report, published yesterday, adds in data on the impact that the Covid-19 pandemic has had on the sector. "Dance/Electronic...
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IAB report quantifies Covid-19 hit to US podcast ad revenues

Advertising industry body the IAB has published its latest figures on the podcast ads market in the US. "With an expected growth rate of 14.7%, US podcast advertising revenues are nearing the $1bn mark," it claimed. Are...
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Despite Covid-19, US on-demand audio streams are up 16.2%

There's been a gruesome pull to watching the week-by-week audio stream totals in the US during the Covid-19 pandemic: fretting about the dip in streams in the early weeks of the global crisis, then welcoming their return...
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Report: Amazon Music subscriptions grew by 104% in last year

Research firm Counterpoint Research has published its latest estimates for the size of the music streaming market globally. It claims that by the end of March there were 394m music subscriptions globally, representing year-on-year...
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Report: global app spending was $50bn in first half of 2020

Could a global pandemic take the shine off the growth in the amount of money people spend on and within mobile apps? It could not. "Consumers spent a combined total of $50.1 billion worldwide on the App Store and Google...
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Report: there were 400m music subscribers globally at end of Q1 2020

There were 341 million people using paid music subscriptions at the end of 2019, according to global music industry body the IFPI. Now we've got an update on that figure, albeit from a different source. Consultancy firm...
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Global recorded music industry grew by 8.2% in 2019 says IFPI

Music industry body the IFPI was due to publish its annual Global Music Report in March, with data on worldwide recorded music revenues in 2019. The launch was postponed due to the Covid-19 pandemic, but the report has now...
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Report: there were 358m music subscribers by the end of 2019

The IFPI has delayed the publication of its Global Music Report, with no new date yet set for its analysis of recorded music figures for 2019. A new report from Counterpoint Research is plugging one of the knowledge gaps:...