Monday, 21 August, 2017
Update
   Some police personnel to be transferred: Palyekar   Russian national arrested for overstaying by Calangute Police.   Calangute police seizes 39 grams Marijuana, Haryana native arrested   Parrikar will win with a majority: Mauvin   Akbar Mulla joins Goa Forward   TCP notice to stop Raheja's project   Boost for Parrikar; MGP, 3 Ind MLAs pledge support   Security lapses at every step at Vasco rail stn   Uproar in Margao market as woman complains of assault by vendor

Streaming subscription boom boosts US music sales

04th January 2017, 12:00 Hrs

Song streaming on subscription services more than doubled in the United States last year, bringing solid growth to the music industry despite sagging album sales, data showed recently. Analytical firm BuzzAngle Music said that consumption by the world's largest music market rose 4.9 percent last year, led by a surge of streams of individual tracks. Streaming services, which offer unlimited on-demand music online, have grown rapidly in recent years and brought new growth to a long-stagnant industry.

The 2016 data offered additional good news for the industry -- more people are paying to subscribe to services such as Spotify, Apple Music and Tidal, rather than choosing advertising-backed platforms such as Spotify's free tier that are frowned upon by record labels.

US listeners streamed songs more than 191 billion times in 2016 through subscription services, growing an impressive 124.3 percent from a year earlier. More than 76 percent of audio streams last year were through subscriptions, well up from 62 percent a year earlier.

The music industry has largely embraced streaming and forecasts robust future growth. Some artists are less enthusiastic, however, saying that streaming proceeds cannot ensure sustainable livelihoods except for top stars.

Related news

Senior Artiste of Koparde, Sattari felicitated

Senior Bhajani artiste of Koparde, Sattari have been felicitated by Bramhani Bhajani Mandal association for their long lasting contribution towards Bhajans in village. Read more

TAG to remember Tiatr Artistes of yesteryears

Every month Tiatr Academy of Goa organizes a special programme, ‘Somplolea Tiatristancho Ugddas' to remember the late Tiatr artistes who were born in a particular month and are no more with us today, highlighting their contribution in the field of tiatr. Read more

Netherlands Jazz Quintet starring Goan youth to perform in Benaulim

The international act Quintiz from Netherlands will be in Goa on Monday as part of their all India tour. They will be performing at The Farm House, Bar & Bistro, Benaulim. Read more

Top News

Akbar Mulla joins Goa Forward

Quits Goa Pradesh Congress after 40 years, promises support to BJP in the by-election Read more

GREENS FUME AS BATTLEGROUND SHIFTS TO DELHI

Activists lambast ministry for bringing Goa under Delhi bench of Tribunal; why not move Goa Assembly, they question Read more

I am not into 'setting' with Babush: Parrikar

Chief Minister Manohar Parrikar, who has been elected by the people of Panaji five times, is confident he will win the Panaji constituency by-poll with a huge margin. What's the reason for his confidence? Pramod Acharya spoke to him to know Read more