The Number of Songs Uploaded Every Day Will Shock You

Did you know that 10.08 million new tracks were uploaded to online music streaming services in the first three months of 2023? That’s 120,000 new tracks every day, according to estimates from Nashville-based Luminate, a company that tracks music industry data. At this rate, we are looking at 43 million new tracks into the services by the end of 2023. In comparison, they saw 93,400 new tracks being uploaded daily in 2022, or roughly 34.1 million tracks. In 2021, that number stood at 30.5 million new tracks.

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Music streaming saw a 22.6% growth in 2022, making it clear for once and all that we live in a streaming world. A new stat only reinforces that reality. For the first time, on-demand audio streams crossed the one trillion mark on March 23rd, 2023. According to a report from research firm, Luminate, “global music … Continue reading A trillion streams!

Wait what? Even millennials don’t like algorithms 

I read a summary of a research report that was somewhat shocking in its conclusions. Millennials, aka 25-34-year-olds who grew up amid the transition from physical music to streaming, surprisingly, spend the least time streaming music of any segment under 45, this report by MIDIA Research notes. I would be the first one to admit, … Continue reading Wait what? Even millennials don’t like algorithms 

When Apple announced that it now has 100 million songs on its music streaming platform, it started a conversation. Bruce Houghton, founder of Hypebot puts the conversation to the rest with his estimates:  With just over 100,000 songs being uploaded every day, the totdaily, this number will soon balloonal number of songs on streaming services … Continue reading Who’s Streaming’s Top of The Pops?

It has been a few years since I was able to attend the Founder Camp, an annual celebration and gathering of founders backed by True Ventures. The global pandemic and travel restrictions made it impossible for us to host the event, but we found a way to gather outdoors and enjoy each other this year. … Continue reading Internet Waypoints

Spotify continues its global dominance, adding 27 million net subscribers between Q1 2020 and Q1 2021, more than any other single service. However, it lost two points of market share over the period because its percentage growth rate trailed that of its leading competitors. Google was the fastest-growing music streaming service in 2020, growing by … Continue reading Will Spotify become Facebook of streaming?

What do Nils Frahm, Anne Mueller, Jeannie Schulz, Mary Lattimore and Atli Örvarsson have in common? They are among three dozen artists whose albums I bought last year from Bandcamp, an Oakland, CA-based music service. It was my way of supporting these artists. As I wrote earlier, “we need to figure out how much we value … Continue reading Bandcamp vs Streaming