SoundCloud Amps Up Music Discovery To Compete With Spotify and Apple Music

But, is this enough to convert its 175 million users to its paid subscription service ‘SoundCloud Go’? Earlier in the year SoundCloud announced the addition of a stations feature. Now, the streaming service has announced an update to this feature which allow users to discover music in what SoundCloud calls ”a lean back, seamless listening experience”. […]

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Spotify Boosts Paying Subscribers by 23%…

Spotify stays ahead of competition… According to a report by MBW, Spotify has hit 37 million paying subscribers, adding approximately 2 million paying users a month in the last quarter alone.  If these figures are correct, it means that June was the fastest growth period for the streaming service since launching in 2008. It would also represent […]

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The Record Store Experience Must Not Die With The Shops

“We were part of people’s lives because music was part of people’s lives” –Russ Solomon, Tower Records founder I’m 30,000 feet in the air balling my eyes out because everyone on screen is as well. The people in this Delta provided documentary are discussing the demise of a company that had been a part of […]

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Apple Music Loses 3 Times More Users A Month Than Spotify

Apple Music will never catch up to Spotify if people keep cancelling their subscriptions… Last week, Cowen’s John Blackledge and Tim Arcuri shared some information in a recent report, on the rate of which Spotify and Apple Music lose subscribers on a monthly basis. According to Cowen, Apple Music have a subscriber churn rate of 6.4% […]

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Concrete Evidence Shows Digital Downloads Are Falling Faster Than Physical Sales

The figures prove that digital music sales are falling quicker than physical sales… Last month, DMN was provided with information from PwC. According to their projected figures, revenue from physical formats are falling at a (compound annual) rate of —12.3%, and revenue from paid music downloads are falling at a (compound annual) rate of —14.3%. This information suggested that […]

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Album Sales Fall In Every Format Apart From Vinyl

The music industry is still experiencing the vinyl resurgence… We know that the music industry has been experiencing a resurgence in Vinyl LP sales. In fact, sales in vinyl recently reached their highest level since 1988. We also know that free streaming is helping to drive those sales. But now, thanks to BuzzAngle we know […]

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Ray J Plans To Sue Kanye West Over ‘Famous’ Video

Ray J has had enough of Kanye referencing him in his songs, and the ‘Famous’ video was one step too far… Last week, Kanye West released the controversial video to his song ‘Famous’ exclusively on Tidal. A few days later the video surfaced on YouTube. Now, ff you haven’t seen the video already, it’s 10 minutes and […]

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On-demand Audio Streaming Surpasses Video Streaming

Good news for artists. Music fans are streaming more music through on-demand audio streaming services than video streaming platforms… According to BuzzAngle, Americans are consuming more music through on-demand audio streaming services than through music video platforms. In the first six months of 2016, Americans played more than 114 billion audio streams on streaming platforms […]

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Drake Dominates Music Charts With ‘One Dance’ and ‘Views’

Drake is smashing records week-on-week with ‘One Dance’ and ‘Views’… Drake has been dominating the Billboard Hot 100 chart for eight weeks with his smash hit song ‘One Dance’ featuring WizKid and Kyla. But, not only has the global hit bagged him a charting song, but also a charting album. Views has been in the Billboard 200 chart for the ninth […]

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Top 10 Songs and Albums By Sales and Streams In US

DMN brings you the top 10 songs and albums by sales and streams in the US in the first six months of 2016. The information was shared by BuzzAngle in their mid-year music consumption report. Using this information, DMN will discuss correlations (if any) between the sales and streams of songs and albums. Top 10 Songs […]

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