in terms of replacing traditional music sources in favour of newer streaming services. It’s certainly a jump to assume US iTunes Radio listeners have the same habits as fans of Pandora, Spotify etc. Only 11% of iTunes Radio fans say the service is taking up time they had once dedicated to their CD/MP3 collections. The big story with Meeker’s graph is the seemingly negative effect streaming can be seen to have on digital and physical sales of tracks, but Edison Research’s analysis of iTunes Radio’s users is not so black and white.Ĥ1% of iTunes Radio listeners say the time they spend listening to the service is ‘new time’ as opposed to eating into other ways they listened to music beforehand. The platform is particularly well geared toward mobile use, having been launched in conjunction with iOS 7 – and its immediate position as a key player in the US streaming landscape is certainly impressive. ITunes Radio, which was launched just last year, is known by 47% of the US population according to Edison Research. 70% of the American public are aware of Pandora and 48% are familiar with Clear Channel’s iHeartRadio. Growing familiarity with platformsĪwareness of a range of streaming services is also at an all-time high in the US in 2014. In comparison, 67% are listening on more traditional technology, i.e. Growth of mobile streamingĪccording to their report, The Infinite Dial 2014, mobile is unsurprisingly having a big impact on streaming music and listening to online radio.Ħ6% of weekly US listeners use mobile devices to access these services and an additional 34% say they listen via tablets. Although it is a little unfair to compare ‘track streams’ to ownership of purchases, we can see that digital purchases topped out at 1.3b (down -6%) and physical purchases hit 172m (down -13%).īut to understand why and how things are really changing, recent data published by Edison Research dives a little deeper into US online audio habits. Meeker’s presentation featuring data from Nielsen and Billboard shows that legal online streaming (on services such as Pandora and Spotify) is booming in the US, and appears to be eating into both digital and physical music purchases.ĭuring 2013, 118b music units were streamed in the US – up 32% year-over-year.
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