Subscription streaming is taking a surprising large piece of the audio-streaming pie. But does that mean there’s a plateau ahead?
BuzzAngle Music has released its 2018 Year-End Report for the US music industry, and it’s got a few surprises.
Audio on-demand streams set a new record high in the US of 534.6 billion total streams. This number rose 42% over 2017, when audio on-demand streams reached 376.9 billion streams.
Total on-demand streams also set a new high last year with 809.5 billion streams, up 35% over 2017’s 598 billion.
And one of the more interesting takeaways came late in the year. During the fourth quarter of 2018, subscription streams accounted for 85% of all on-demand audio streams (157.4 billion), according to BuzzAngle’s data. https://www.digitalmusicnews.com/2019/01/03/buzzangle-2018-us-music-industry/