News: Streaming Revenue to surpass Download Revenue by July 2015

Dust2

2012 RIAA #:

Streaming Revenue: $1.0328 billion USD (up 59%)
Singles Download Revenue: $1.623.6 billion USD (up 6.7%)
Album Download Revenue: $1.205 billion USD-----------------combined downloads at $2.829 billion
CD (physical): $2.4856 billion USD

2013 RIAA#:

Streaming Revenue: $1.439 billion USD (up 39.3%)
Singles Download Revenue: $1.569 billion USD (down 3.4%)
Album Download Revenue: $1.234 billion USD (up 2.4%) ----combined downloads is at $2.803 billion
CD (physical): $2.1235 (down 14.6%)

Soundscan 2014 first half report is out. Streaming is up 42% and download is down 13%

2014 prediction:

Streaming Revenue: $2.015 billion (up 40%)
Download combined: $2.450 billion

Which mean it is very likely that streaming revenue will surpass combined download revenue sometimes mid-year 2015.

LadyGagaStan93

And I remember when we thought that Spotify could never compete with iTunes

nnnn looks like the tables are turning. I mean sure I'm sure Apple will still continue to make money, but it looks like Streaming may take over and be the new sweet spot for many artist. It's also a good thing for artist who have a hard time getting people to buy their music.

zzmyth

It is clear that the future of music comes from streaming.

Paying for ONE SONG is just not the answer.

People pay to hear EVERY SONG THEY WANNA HEAR. Or else they will download them illegally.

Thanks to INTERNET music is a click away to everybody. So unless prices are fair and cheap people will not download legally.

I think its the answer everyone wanted for a long time.

10€ for a month of limitless music in your PC and your Mobile is NOT expensive.

18€ for just an album is insane.

Artists should win their money by touring and moving their asses and promoting and working. That's what they are paid for. for working

LadyGagaStan93

Quote:

Originally posted by zzmyth

It is clear that the future of music comes from streaming.

Paying for ONE SONG is just not the answer.

People pay to hear EVERY SONG THEY WANNA HEAR. Or else they will download them illegally.

Thanks to INTERNET music is a click away to everybody. So unless prices are fair and cheap people will not download legally.

I think its the answer everyone wanted for a long time.

10€ for a month of limitless music in your PC and your Mobile is NOT expensive.

18€ for just an album is insane.

Artists should win their money by touring and moving their asses and promoting and working. That's what they are paid for. for working

Couldn't agree less!

zach

I guess we should be making food free next.

If you don't have to pay for music, why should you food?

KeirGrey

Quote:

Originally posted by zach

I guess we should be making food free next.

If you don't have to pay for music, why should you food?

You pay for the superscription or you watch/listen to their ads

I remeber when there was the thread about spotify being launched in the usa and most people said it would never take over

the future

GlitterfiedCyrus

Frozen99

Quote:

Originally posted by zzmyth

It is clear that the future of music comes from streaming.

Paying for ONE SONG is just not the answer.

People pay to hear EVERY SONG THEY WANNA HEAR. Or else they will download them illegally.

Thanks to INTERNET music is a click away to everybody. So unless prices are fair and cheap people will not download legally.

I think its the answer everyone wanted for a long time.

10€ for a month of limitless music in your PC and your Mobile is NOT expensive.

18€ for just an album is insane.

Artists should win their money by touring and moving their asses and promoting and working. That's what they are paid for. for working

That actually sounds like an excellent idea

Rob_Matteo

Quote:

Originally posted by zzmyth

It is clear that the future of music comes from streaming.

Paying for ONE SONG is just not the answer.

People pay to hear EVERY SONG THEY WANNA HEAR. Or else they will download them illegally.

Thanks to INTERNET music is a click away to everybody. So unless prices are fair and cheap people will not download legally.

I think its the answer everyone wanted for a long time.

10€ for a month of limitless music in your PC and your Mobile is NOT expensive.

18€ for just an album is insane.

Artists should win their money by touring and moving their asses and promoting and working. That's what they are paid for. for working

Right, but nobody on here thinks about smaller artists who can't get their money from touring, except small gigs who will barely get them anywhere.

Pat

Quote:

Originally posted by Rob_Matteo

Right, but nobody on here thinks about smaller artists who can't get their money from touring, except small gigs who will barely get them anywhere.

I doubt streaming will be lucrative for any record label.

Dust2

Quote:

Originally posted by Pat

I doubt streaming will be lucrative for any record label.

how so?

It's the fastest growing segment for the music industry.

Streaming Revenue 2011 (USA): $649.6 million USD
Streaming Revenue 2012 (USA): $1,032.8 million USD (up 59%)
Streaming Revenue 2013 (USA): ???

Dust2

http://www.theverge.com/2013/5/14/43...ify-competitor
By signing the three largest record labels, it's likely we'll see Google roll out its new subscription music services at I /O

Quote:

Google will unveil new subscription music services tomorrow at the Google I/O conference, sources close to the company said. Google has now signed separate licensing deals with Universal Music Group and Sony Music Entertainment for both YouTube and Google Play, setting the stage for such an announcement, music industry sources told The Verge.

Google plans to add separate music subscription services to YouTube and Google Play, the entertainment hub for the Android operating system. Earlier this year, Fortune magazine reported that Google had already struck similar licensing agreements with Warner Music Group, the smallest of the top three record labels. But landing Universal Music and Sony gives Google access to the two largest record companies, home to such acts as Bob Dylan, Alicia Keys, Lil Wayne, Rihanna, and Jay-Z. Spokespeople from Sony and Universal declined to comment.

We will find out tomorrow.....If true, Spotify, say hello to your next competitor: GOOGLE

Spotify shouldn't worry too much even if it has to compete with Google/Youtube. Spotify growth has been phenomenal.

January, 2010:------------ 250,000 paying subscribers
March 17, 2010:----------- 320,000
July 20, 2010: ---------------- 500,000
December 8, 2010: ------ 750,000
March 8, 2011:--------------- 1,000,000
July 14, 2011: -----------------1,600,000
Sept 21, 2011: --------------- 2,000,000
Nov 23, 2011: ----------------2,500,000
Jan 26, 2012: -----------------3,000,000
July 31, 2012:-----------------4,000,000
Dec 6, 2012: ------------------5,000,000
March 12, 2013:---------------6,000,000
May 15, 2013:-----------------more than 6,500,000 paying subscribers

Dust2

It has been confirmed.

http://www.reuters.com/article/2013/...0DW2K520130515
Google launches streaming music service ahead of Apple

$9.99 a month like Spotify
Google Play Music All Access (what a long name)

Hands On from Mobileburn

MP2K

am so proud of my sis Spoti, I feel like an original stan, Spoti was indie and finally had a breakthrough. Now everybody's on her dick, I knew she could do it.

Quicksand

I use Spotify free

Dust2

http://techcrunch.com/2013/05/16/ind...n-opening-act/

Quote:

Worldwide, iTunes has held on to its spot as the single-biggest source of revenues for Merlin’s independent label members, both across key markets like the U.S. and UK, as well across Europe and globally. Interestingly, Spotify is securely in second position, underscoring just how popular both Spotify and streaming services have become — second has been a place held by Amazon for some time prior to this. Amazon’s MP3 download service subsequently slipped down to third place across the board, while Deezer and eMusic are split regionally in terms of their influence and in grabbing fourth place.

Biggest Source of Revenue for Merlin's Independent Label Members

Youtube is the #5 biggest source of revenue worldwide.

Dust2

Watch out Spotify, Deezer is right behind ya!

Spotify: 6.5 mil paying subscriber
Deezer: 4 mil paying subscriber

http://evolver.fm/2013/05/23/subscri...zer-for-music/

Quote:

Spotify leads the world’s on-demand subscriptions with six million paying subscribers, but it’s facing stiff competition from a company that isn’t even available in the biggest music market on the planet: Deezer, which tells us it now has over four million paying subscribers to its “premium plus” subscription.

Though you cannot access it from the United States, Deezer is available in more territories than any other on-demand service, according to this data.

Quote:

But Deezer hasn't even launched in America, despite recent investments of more than $130 million. Instead, the company is purposely avoiding the United States, based on the idea that America is too expensive, and too hyper-competitive to make sense right now.

Not bad for Deezer who purposely avoid the two biggest music markets in the world: USA and Japan.

Licensing in Japan will be very tough even for Spotify. The music industry there want to protect physical CD sales.

getback

The whole problem with the rise of streaming is that Apple doesn't make iPod with 200GB memory to store all the songs people love

Dust2

Pandora One (ad-free $36 a year or $3.99 a month) now has 2,500,000 paying subscribers

Pandora is making a lot of revenue too.
http://www.billboard.com/biz/article...mobile-revenue

Quote:

Thursday's earnings included an increase in fiscal guidance from $615 million to $635 million, up from the previous guidance of $600 million to $620 million.

Dark Miracles

Streaming will be the end of the music industry.