Digital Music News

As predicted, very few people wanted to pay up.

According to Parks Associates, YouTube Premium – which includes Music Premium – no longer ranks among the top 10 streaming services in the US.

Company executives have fiercely guarded the service’s subscription numbers. But YouTube is now pulling back on its Premium offerings, a move that may be speaking volumes.

From the article "Amidst Dismal Numbers, YouTube Dials Back Its Premium Service" by Daniel Sanchez.

YouTube’s latest music subscription service is failing to boost YouTube Premium in any substantial way, according to recent research. According to Parks Associates, YouTube Premium — which includes the YouTube Music premium service — is no longer ranked among the top 10 video streaming services in the U.S.

As you might expect, Netflix is topping the US-based ranking, with Amazon following in second. YouTube Premium failed to make the top 10 ranking after placing 7th last yea ...read more

Parks Associates released new research that points to very good news for the e-commerce giant. Most paid streaming music services experienced an increase in subscriptions in 2016. Amazon Prime Music, however, led the market with 15% of U.S. broadband households opting for a paid subscription through Prime. This represents a 50% increase in paid subscriptions for the service from 2015 to 2016.

In even more good news for the company, 28% of U.S. broadband households subscribe ...read more

Yesterday, Parks Associates published a new report where they stated that more and more homes in the U.S. are actually subscribing to paid music streaming services. They found a 7% increase from last year for homes that had subscribed to a paid streaming service. Last year, around 26% of homes with broadband subscribed to paid subscriptions. The number now stands at a growing rate of 33%.

From the article "Amazon Music Will Become the Biggest Music Streamer, Research Predict ...read more

Parks Associates has released new data which shows that 68% of US-based smartphone owners listen to music via streaming outlets on a daily basis, a stunning stat that further reaffirms the mobility of music fans today.

Within this group, Parks also found users listening to streaming music approximately 45 minutes per day, on average. The finding underscored the strong preference for mobile-based streaming consumption, with two-thirds of US smartphone users listening to music ...read more

According to a recent report issued by Research Analyst John Barrett of Parks Associates, consumers' transition away from pre-recorded CDs into digital music files will be slower than many are indicating. The report sheds light on a large percentage of users that download and upload casually, not handling massive amounts of tracks and burning multiple CDs daily. This crowd, often outside the closely tracked teenager set, still prefers the ease of the pre-recorded CD over the rel ...read more