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Showing posts with label digital music. Show all posts
Showing posts with label digital music. Show all posts

December 1, 2015

UK digital media revenues by verticals

UK’s digital media revenues currently comes from  digital gaming and digital video, Together they both make up 70% digital revenues .Next comes digital music and e-publishing 
" digital media revenues  in UK by verticals"

digital gaming and streaming video among biggest  online media revenue contributor in UK
UK digital media revenue is a across 4 verticals . 1) online gaming 2)digital music 3) digital video 4)digital publishing in the “Digital Media” UK’s total digital media revenue amounts to 5,460.4 in 2015 million USD in 2014, which is expected to grow to 54billion USD ( 5460 million)

Online gaming forms the biggest pie of UK’s digital revenue with a market volume of USD 2,628.2 million USD ( 26billion USD) in 2015. Next is digital video streaming, followed by epublishing  and digital music

November 1, 2015

five hottest digital music discovery start ups :

the list of music discovert start ups

Music Discovery, Recommendation and Creation start ups:Every year, at conferences like Midem and Berlin Music Week, latest music start ups and music discovery engines make their debut as latest start ups as the digital music newcomers Here are the most promising  top 5 music digital music startups

1.)Audioshot (USA) An iPhone app that gets people to send songs to friends via other messaging apps: Snapchat, Instagram, Facebook Messenger and WhatsApp for example.

2.Fusic (Israel) An iOS and Android app that “takes the selfie to the next step” according to its app store listing. That means getting people to film videos of themselves singing, lip-syncing or dancing to their favourite songs, with that footage then being integrated with the song’s original video, for sharing.

3.)Mixcloud ( London) founded in 2008, positions itself as the “home for on-demand radio shows, DJ mixes and podcasts”. The service, which counts about 10 million monthly users, recently introduced subscription plans in an attempt to  monetize itself

 4.)Deezer ( France )Music streaming service Deezer, founded in 2006, is live in more than 180 countries around the word. The company is backed by approximately $150 million in financing. Deezer claims to have 16 million active users and 5 million paid subscribers.

5)SoundDrop (Norway)Founded in 2011, Soundrop offers a social music discovery app as well as marketing tools for artists and labels to promote their music. The startup has about $6.4 million in funding to date . It has offices across Oslo, New York, Los Angeles and London.

October 30, 2015

Start Up Focus :The making and funding of Spotify

" Start up Inc : Making of spotify"

CEO and Co-Founder of Spotify Daniel Ek became a multimillionaire at age 23 when he sold an online advertising company in his native Sweden in 2006.

Not many know that it was a rejection  from Google which made ” Daniel what he has achieved today As a 16 year old he was turned away when he applied for a job at Google. This, daniel says was a start of a journey and a turning point  ” when he undertook a resolution’ of not letting age interfere with his knowledge and subsequently gave birth to an idea, which he has since never looked back 

The idea behind Spotify was ” the opportunity” it gave to  the sputtering music industry to create an alternative to music-piracy services such as Napster. Spotify gives a cut of the revenue to record labels and music publishers, which in turn pay out their artists and songwriters at varying rates.

The major labels – Vivendi SA’s Universal Music Group, Sony Corp.’s Sony Music Entertainment and Access Industries’ Warner Music Group – also own about 15%of the company, collectively. Spotify reported in November that its 2013 revenue was €747 million ($842 million) and it lost €57.8 million ($65 million).

 Spotify revenue model is based on a bait that ” offers a limited, free version of its service”, hoping users will eventually subscribe. The company counts 15 million subscribers to its $9.99 premium plan, and about 45 million active users of its free, ad-supported version – by far the biggest global user base of any subscription music offering

List of VC firms invested in Spotify

List of  VC  Funding and Equity Investments in Spotify; As of 2015 137 VC funding firms have a stake in the company 

July 1, 2015

revenues from UK music industry for the last 10 years

"revenues from UK music industry  for the last 10 years"
This chart from statista shows the the income across the UK music industry from 2003 to 2013. Among the formats which in included in the final sales figure include physical, online, mobile and streaming revenue channels. In 2003, industry revenues from UK music industry amounted to 1.2 billion British pounds. This value fell annually, except in 2009 and 2013.

revenues from online ads across UK music streaming sites

"revenue from online ads in UK across music streaming sites"

 Income from ad supported music streaming websites in UK from 2008 to 2013 (in million GBP)

 online ad-supported revenues  across music streaming in the United Kingdom amounted to  19million GBP in 2013 as compared with 14.5 GBP in 2012 . In 2010 online ad supported revenue was 10.8million GBP

March 25, 2015

US Digital and Music Streaming revenue surpasses physical CD sales for the first time : reaches $2.9billion,

digital downloads make higher revenue as compared to CD sales

 US Music Industry Revenues exceed Physical CD sales by 28%

US music industry revenues has crossed “physical music sales . Streaming and Digital subscription  revenues grew by almost 29%  reach roughly $1.87 billion, surpassing sales of CDs ($1.85 billion) according to a report from the RIAA. 

Digital permanent downloads reached $2.9billion as compared to $2.6billion in 2014 , a growth of  10%. physical CD sales grew by only 7% to reach 2.2 billion  while 
digital subscription  and streaming revenues grew 29%  to reach $1.8billion , a growth of 39%

October 19, 2014

The Sound of Music 2014 :Americans Votes for their favorite music places

The state of music: Americans vote for " how much time they spent on music
In a world where technology is reshaping consumer habits, music continues to be the soundtrack of our daily lives

Nielsen Music 360:  Study tracks Consumers engagement with music, as Americans Make Music Their Top Entertainment Choice.

“In a digitally fragmented world of smartphones, tablets and gadgets, the two devices which has almost faded into oblivion post the era of wired gizmos are 1) watch 2) music ..While Mobile/Smartphones have replaced a wrist watch which was once seen to be a status symbol, the fading away of music has been more spectcular, from a tape recorders, to a CD, then DVD, the Mp3 and Mp4 compression techniques enabled more than 1000 songs, movies and videos to be miniaturized and stored across cross platform devices which could be plugged into a USB and heart anywhere.. Music was instantly transported anywhere you wanted, in your car, during your road trip, walking down the streets,in the loo, at the movie theatres ( in case you happen to read a review from one of the websites 
As Music becomes apart of our daily life Music 360 2014, Nielsen’s third annual in-depth tracks the study of the tastes, habits and preferences of U.S. music listeners, 93% of the country’s population listens to music, spending more than 25 hours each week tuning into their favorite tunes. For hundreds of millions of Americans, this means that music is their top form of entertainment. When surveyed about their activities in the past year, 75% of respondents said they actively chose to listen to music, even ahead of watching television at 73%.”


August 17, 2013

In Sweden 70% sales com`e from digital music while 30% physical Music sales make 70%


Music streaming companies now account for 70 percent of all music bought in Sweden, home of Spotify, the world leader in the field, official industry figures revealed on Sunday.
The Swedish Recording Industry Association (GLF) said physical sales of music now stood at just 25 percent, confirming the march of digital music in the pioneering country.
The remaining five percent of consumers downloaded music to own on a hard drive.
GLF said the percentage of streamed music, where songs are downloaded but not kept permanently on computers, had risen from 57 percent in 2012.
Sales of music overall grew by 12 percent in the first half of this year and have been increasing steadily since 2008, while not reaching the heights seen at the beginning of the last decade.
You will find more statistics at Statista

May 31, 2013

Apple launches new iPod Touch, as it breaks the 100million mark

Apple launched
a new entry level iPod Touch early Thursday, and also quietly confirmed that they’ve sold 100 millon of the portable media devices since launching the line in 2007.
Both announcements came, well, without announcements of any sort; the new iPod quietly appeared in Apple’s online store last night, and company spokespeople mentioned the sales milestone in a conversation with blogger Jim Dalrymple. There isn’t a related press release to be found.

The $229 device features the same slim form factor, A5 chip, 4″ Retina display and iOS 6 operating system as Apple’s other Touch models, but lacks the rear-facing camera and larger storage capacities of the previous Touches. Available only in one configuration (16GB of storage paired with a black & silver finish), the newest iPod will ship within 24 hours and be available in Apple retail stores tomorrow.

October 8, 2012

Digital Music Sales in US exceed 15% growth,as global music sales decline

Within the United States, the total digital music revenue rose 17.3 percent to $2.62 billion
  Globally, music revenues fell by 3 percent to $16.6 billion, according to Billboard data

Digital album sales in the U.S. are up 15 percent from the same period last years of October ,2012.  Americans have consumed one billion digital tracks, a pace that is set to break 2011’s record of 1.3 billion sold, according to Nielsen

According to International Federation of the Phonographic Industry and the Recording Institute of American Artists  ( RIAA) reported that total U.S. music revenue was flat, climbing just 0.2 percent to $7.01 billion. But that contrasted sharply with the IFPI’s own numbers, which put the figure at $4.37 billion.

As of March,2012 within the United States, the total digital music revenue rose17.3 percent to $2.62 billion, according to RIAA , while the number of digital MP3s and digital albums sold within the United States rose by 10.9 percent and 22.1 percent, respectively

March 28, 2012

US Digital Music Sales grow 9.2% since 2004

The Recording Industry Association of America just released its 2011 sales figures yesterday (PDF here), and there was a surprising bit of good news in them.

The Total U.S. music sales actually grew for the first time since 2004. They were up 0.2%, just topping $7 billion.
The reason: digital sales were up 9.2% during the year, and physical sales (mostly CDs) dropped only 7.7%, which is smaller than in recent years.

Digital made up more than half of revenues for the first time ever.Here are some numbers
  • Subscription service revenue is growing. The take from services like Spotify and Rhapsody was up almost 14% to $241 million. Total subscribers grew from 1.5 million to 1.8 million.
  • Album downloads are growing like crazy — unit sales (105 million) and revenue ($1 billion) were both up over 20%.
  • CDs are still the biggest seller by far, with more than 240 million sold for more than $3.1 billion.
  • People spent more than $100 million on vinyl records last year. Unit sales and revenues were both up over 30%.

November 17, 2011

Online Music To Grow 22% To $7.7billion in 2015


In the past 10 years, CD sales, the largest revenue stream for the industry, have eroded, while the online music revenue share is rapidly increasing. Digital downloads and streaming music services — referred to as subscription services are the clear drivers in the online music industry for the coming years.

Online Music End-User Spending by Type of Service, Worldwide, 2008-2015 (Millions of Dollars)

Subscription Services
Download Services
Personalization Services

Source: Gartner (October 2011)
Gartner estimates that subscription services will account for nearly one-third (29 percent) of end-user online music spending in 2015 (see Table 1).Source: Gartner (October 2011)

The Worldwide online music revenue from end-user spending is on pace to total $6.3 billion in 2011, up from $5.9 billion in 2010, according to Gartner, Inc. Online music revenue is forecast to reach $6.8 billion in 2012, and grow to $7.7 billion in 2015. By comparison, consumer spending on physical music (CDs and LPs) is expected to slide from approximately $15 billion in 2010 to about $10 billion in 2015.

The music industry was the first media sector to feel the full impact of two  the changing technology landscape with increasing penetration of Smart devices  and gadgets.The Internet has played a huge  role in Music Distribution  and  — the Internet and technology-empowered consumers  are creating borderless global ecosystems that defy the industry’s previous notions of control and monetization. Garter expects  that the next four to five years  will  see online Music Distribution grow in a big way.

October 9, 2011

The Making of the iTunes Ecosystem

During the October iPhone event Apple gave an update on the app and song download totals. This is a reliable gauge of the iTunes ecosystem performance and Apple has been supplying these numbers for several years.   By Plotting This numbers and data  gives us a good idea of the trend in mobile content consumption. 
(data Source:Asymco)

The total number of apps downloaded (excluding updates) overtook songs in June/July and continues on its trajectory. In fact, the rate of downloads for Apps is now over 1 billion / month. Given the data points above, I calculate it to be about 34 million per day. The corresponding rate for songs is 8.3 million per day.( source )

After paying the content owners, iTunes is left with about $75 million per month from apps and $85 million per month from songs. At a billion downloads a month (and rising) the value in terms of revenues is already a run rate of $2.9 billion per year. This has been enough to overtake a business that has been running for more than seven years. ( source  )

At $2.9bn/yr apps are challenging songs as the most valuable online medium