MR. NEWS – MUSIC RADIO
Streaming: Growth Slows, Competition IntensifiesStreaming remains the dominant force in music consumption, with platforms like Spotify, Apple Music, and YouTube continuing to grow their subscriber bases. Global recorded music revenues rose 4.8% in 2024, marking a tenth year of growth, though the pace is slowing compared to previous years. The streaming market is becoming more fractured and individualized, with an explosion of new music—over 120,000 tracks uploaded daily—making discovery both easier and harder than ever.Algorithmic playlists and viral social media sounds are […]