Streaming Is Stalling: Can Music Keep Up in the Attention Economy?
Anton Emdin Has streaming volume really peaked in the U.S., or is the current stalled growth a blip? Music streaming services have continued to add U.S. subscribers this year, according to MIDiA Research, growing by 11 million paying users from January to September, to 117.9 million. But in a potentially troubling sign for the recorded music business, the number of total streams has remained the same. For the past four months and counting, audio music streams have averaged 17.5 billion a week. That’s up slightly from the early March pre-pandemic peak, before the lockdown cut music listening...
Source: billboard.com