Two new reports suggest there’s demand from both investors and fans for higher-priced subscription tiers that offer extra features.
The trio of reports revealed continued subscription growth but smaller improvements than in previous years as the major labels increasingly look to small and developing markets.
For individual non-Prime members, Amazon Music Unlimited will cost $11.99 per month — the same as Spotify. Prime members save $1.
Spotify had previously revealed a not-yet-announced deluxe tier could cost $17 to $18 and offer more control and higher quality audio.
The RIAA’s midyear 2024 report shows ad-supported, on-demand streaming revenue — including TikTok and social media — is playing a diminishing role in industry revenues.
Recent comments by music executives suggest subscriptions will generate even more revenue for rights holders as free, ad-supported options lag.
New York authorities say the radio giant "deliberately wastes its subscribers’ time" to try to keep them from canceling.
The test is being conducted in a single non-English-speaking territory outside the United States.
In the back half of 2023, company leaders expect fans to continue spending. The advertising market is a different story.
YouTube Music subscribers will pay an extra $1 a month and YouTube Premium subscribers will pay an additional $2 a month.
