Tagged: Spotify

Top audio cos Apple, iHeartMedia, Spotify to see epic growth in online audio consumption within this decade

In the upcoming years, the market for online audio consumption and internet radio is projected to grow quickly due to the explosive adoption of 4G/5G networks and the declining cost of streaming.

The market for internet radio is predicted to increase as a result of rising demand for better streaming done more effectively and massive data storage capacity globally.

The need for such services is also anticipated to rise due to the increased acceptance of audio streaming across a number of industries, including media and entertainment, retail, travel, airlines, hotels and restaurants, and insurance.

A new research study on Internet Radios (online consumer audio services) sheds light on the key market players who are flourishing; it keeps tabs on their company plans, financial situation, and new products.

Several of the leading businesses in this market include: AOL Radio, DI.FM, Spotify Ltd., Google Inc., Amazon.com, Inc., Deezer, SomaFM.com, LLC, TuneIn, Pandora Media, Inc., 8tracks, AccuRadio, LLC, Napster, Slacker, Inc., Apple Inc., iHeartMedia, Inc.

Regions where companies will see increased growth are North America, South America, Asia and Pacific region, Middle East, Africa and Europe.

The top segments in online audio consumption are the following: Streaming, E-Radio and Online Radio.

The top categories in the market are the following: News, Sports, Music and Games.

Forecasts indicate that the industry will demonstrate high growth due to increased demand in many markets.
The market research study on Internet radios contains all relevant information. By providing its clients with accurate data, it provides the market outlook and aids in the making of crucial decisions. The market is described in general terms, along with its description, applications, advancements, and technology. This market research study on Internet radios keeps tabs on all new advancements and inventions. It provides information on the hurdles faced when starting a business and offers advice on how to deal with impending difficulties. And this report can be accessed via a2zmarketresearch.com.

Effect on Radio, Spotify and Siri soon shaking hands

Siri and Spotify could soon make friends. Apple and Spotify are discussing about the possibility of using the Cupertino voice assistant to play songs, playlists and albums from the iPhone.

Thanks to the changes made by Apple to SiriKit with iOS 13, Apple’s voice assistant is able to reproduce third-party content such as songs, audiobooks, playlists and albums; according to the information revealed by The Information, this integration is at the negotiating table between the two companies.

The default music player would remain the proprietary one of Apple, however for the user it will be possible to perform for example the command ‘ Hey Siri, play a song by Metallica with Spotify ‘ and use the Spotify service to play your favorite music. A discussion that goes some way to try to dilute even the tones after the recent accusations of Spotify aimed at Apple for unfair competition towards competing services.

At the moment there is no more precise information about the state of the works, however, given the recent diatribes between the two companies, it is easy for Apple to show greater condescension precisely in order to calm the minds and restore serenity in a decidedly hot situation between the two companies.

Is there any effect on this for radio? Not so much, the HomePod in the coming days will be more embracing of traditional radio and it will be even easier in fact if anything will be a big boost for radio.

The Death of AM Radio

Japan has announced that they will be phasing out AM Radio in favor of FM and the digital format. In countries in South East Asia, however AM stations continue to exist, while some may thrive others are struggling to survive.

The struggle is in the local content, people now get their news straight from social media, which is news anchors are now shifting their strategy to Facebook live streams.

There is also been a shift now of news talk migrating to FM with hybrid formats like those in News FM and Brigada Network in the Philippines.

In the US, a major radio network is testing a new format, playing podcasts 247 on an AM station.

Speaking of podcast, streaming giant has made another big step in the world of audio. New acquisition in the podcast world by Spotify, after those of Gimlet Media and Anchor completed in the past months.

The audio streaming company has signed an agreement to buy Parcast, a storytelling-driven podcast study. Launched in 2016, it has 18 podcast series including Serial Killers, Unsolved Murders, Cults and Conspiracy Theories and the Mind’s Eye fiction. Parcast brings a loyalty audience to Spotify and the experience in the creation of crime-themed, sci-fi and story content as well as twenty new titles to be launched in the coming months.

A transaction is expected to close in the second quarter.

As Dawn Ostroff, Spotify Chief Content Officer explains, the new purchase is functional to the goal of becoming the main audio platform in the world, thanks to content such as mystery stories and mysteries that are at the top of users’ preferences.

Napster in 2019 Tops List of Highest Streaming Payouts

From Digital Music News

Napster, the king of streaming music payouts, now pays out $0.019 per stream.

To meet the monthly minimum wage amount in the US ($1,472), an artist needs 77,474 total plays.

TIDAL remains a top player.

The service pays artists $0.0125 per stream.

Artists on TIDAL now need 117,760 total plays to earn $1,472

Taking third place, Apple Music now pays $0.00735

Deezer’s per-stream rate rose to $0.0064, placing it right behind GPM

Spotify reportedly pays $0.00437 per play

Right behind Spotify, Amazon now pays $0.00402

Get the full report here https://www.digitalmusicnews.com/2019/01/30/2018-streaming-music-price-bible/
Streaming Payouts in 2018

Radio Was Not Killed by MTV and iPod, Now It’s Dejavu with Spotify

Music listening nowadays appears to be unique. Individuals needn’t bother with a DJ turning them new tracks that they’ll take them to purchase at a record shop; they pick their own particular tunes on Spotify. As per everybody from Jay-Z to Katy Perry, the rule of radio is no more.

However why the anguish? Radio is in reality more alive than any time in recent memory.

Nielsen, uncovers in its Music 360 report that radio is as yet the main way individuals are finding new music.

Traditional radio isn’t cool any longer—that much is sure. Also, less individuals buy automobile. Radio, as an approach to tune in to music, is the inverse of dead. In fact, it is the future.

The problem with streaming apps like Spotify is that there is just too much choice, too many songs available in their hands, people just want to passively interact with music.

Lately however, there has been a shift, streaming has become more of a traditional radio.

Spotify made waves when it dropped Discover Weekly, an algorithmic coded playlist that is consistently revived with suggestions for the audience.

Since Discover Weekly, there’s been Release Radar, Fresh Finds, My Time Capsule.

Spotify’s RapCaviar playlist this mid year turned into an industry-toppling upheaval, propelling the careers of numerous artists, for example, Cardi B, whose track “Bodak Yellow” left a mark on the world a month ago and even figured out how to topple the rule of Taylor Swift.

At the end of the day, streaming playlists are another type of radio. “Bodak Yellow” was passed by on most AM/FM stations; it owes the greater part of its success to RapCaviar, which has around 7.6 million supporters. “Rockstar,” a track from rapper Post Malone, as of late came to #2 in the US.

Curation, personalization, this is what radio is all about, and app developers have realized giving people more songs to listen to is not what it is all about. Despite playlists becoming like radio though, streaming apps will never replace the human touch of real radio.