Labels, live businesses and streaming companies’ stocks are mostly living up to music’s reputation as a sturdy investment option in down times. Radio is another story.
Two new reports suggest there’s demand from both investors and fans for higher-priced subscription tiers that offer extra features.
U.S. consumers and the music industry are facing higher vinyl prices, less tourism, foreign artists avoiding the U.S. and possible retaliation by other countries.
Although recent reports indicate declining subscription growth, insiders expect it to grow at a healthy pace in the long term via price hikes and increased penetration rates in emerging markets.
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.
Spotify’s latest Loud & Clear report underscored the point: In the digital era, where you live is a form of arbitrage.
Super-premium offerings will allow platforms and labels “to segment and capture customer value at higher than ever levels,” UMG CEO Lucian Grange said Thursday (March 6).
Germany and Spain were driven by streaming gains, while physical sales in both countries, as well as in Japan, slowed from 2023.
The app’s share of time spent on social platforms declined last year as YouTube Shorts and others ascended. Are the days of its supremacy as a promotional vehicle over?
Spotify CEO Daniel Ek is currently “playing around” with an unreleased, secretive superfan product that should be a win for platforms, rights holders and subscribers.
