100 Million Use Paid Music Streaming Services In US [MusicWatch]
Fresh off the release of RIAA revenue numbers MusicWatch shared its year-end numbers assessing the size of the US streaming market and how music listening is evolving. Among the internet using population 13 and older MusicWatch reported a record 165 million streamers in 4Q, based on listening at least one hour in the prior week.
MusicWatch noted that, for the first time, the number listening to a paid service in the US exceeded 100M. This includes those who personally pay for the subscription, share on a family plan, share someone else’s log-on, or use a free trial. The number listening to a free service hit 190M, including listening to or watching music videos on YouTube.
MusicWatch reported that streaming continues to grow share of weekly listening, which grew to a 38 percent share from 34 percent year-ago.
In the fast growing premium segment, Spotify extended its share of paid subscriptions during 2018, with a six share point gain to 39 percent.
More at MusicWatch
So what are the pay-outs to artists?
Spotify had predicted that payouts per play would increase as subscriber numbers increased…
True, agreed.
This could only mean MusicWatch is sure to give handy payouts for music artists.