Member Since: 4/4/2014
Posts: 13,522
|
Quote:
Originally posted by iHype.
Doc like 30 people explained to you today, what ain't you getting still. 
First week sales are very small with Streaming, but overall, it can do much more.
For example -- Ariana's album did like no more than 8K it's first week in streams converted to sales. Now the album has 1.2B streams on Spotify, which is equivalent to 800K.
Spotify doesn't even have 70M users, which is 1% of the global population. Imagine when it goes to 350M users on Streaming services -- 5% of the population.
Everything will be receiving 5x more streams, and albums like My Everything -- will now be doing 4M albums worth in Streaming. Ariana was NEVER able to sell half of that in the digital era. And mind you, this is only 5% of the entire world using Streaming services. Who's to say 10%, 20%, or 30% of the world won't be using Streaming services in the future? Streaming is even about to happen in Asia.
4M equivalent in albums is something huge for an artist like Ariana. Now imagine Taylor -- 1989 has been HUGE. #1 hits back to back, everyone loves Taylor. So put it into perspective, if 1989 was on Spotify it'd be doing even better than Ariana.
Would you rather do 500K first week and 1.5M total in the digital era? Or 10K first week, and 3M total equivalent in the Streaming era? First week sales don't mean **** at the end of the day. 2x more is 2x more. People will choose 3M albums over 1.5M.
On-Demand Streaming increased 54.5% in 2014 in US, and is growing even more rapid -- 90.6% increase the first quarter 2015 in US.
What's currently a hit album doing 1.2B streams equivalent to 800K, will next year be 2.4B streams equivalent to 1.6M, and the year after 3.6B streams equivalent to 3.2M.
I can see why you're thinking artists won't be doing as much on Streaming, but it's because it's in it's early stage -- 1% of the world doesn't even use Spotify rn. Put the grow together, and add up some albums and you'll see the top albums in a few years on Streaming will be moving more albums than the top albums in digital era.
|
/thread
|
|
|