WEEKLY REPORTS - PAGE 2
Our Editor-in-Chief Paul Resnikoff takes you beyond the headlines to help you make sense of the news of the week - and to give you an understanding of why it matters. Published on a weekly basis.Spotify Individual Premium Subscribers Continue to Flatline In the US — As the Broader US-Based Streaming Music Subscription Picture Remains Soft
Surprising declines in Spotify’s US-based individual Premium subscriptions first emerged in September of 2024, part of a broader slowdown in music subscription growth in the country. Now, Spotify’s all-important subscription tier appears to be flatlining, with slight year-over-year gains surfacing for November of 2024.
After years of breakneck subscriber and revenue growth, 2024 offered the music industry a rude slowdown in music streaming subscription growth across multiple markets. Suddenly, the musi... Read More...
These Shuttered Music Industry Startups Raised Over $320 Million Between 2020 and 2023 — A Look at the Latest Music Startup Crashes, Pivots, and Acquisitions
Splashy funding announcements are extremely common in the music industry. But what happens to startups after they exit the media spotlight? It's not always pretty.
When it comes to startup success, getting the big funding round is just the beginning. Unfortunately for many startups, it's also the beginning of the end — with a brutal crash, hard pivot, or other unfortunate ending emerging just a few years later.
So how many promising music startups have crashed in the past few years? For our latest W... Read More...
Fewer Than 1% of Spotify Subscription Plans Are Currently Non-Bundled and Music-Only, Late-2024 Data Shows
Spotify’s non-bundled, music-only subscriptions virtually disappeared in 2024, according to DMN Pro’s latest intel. But that’s a Spotify feature, not a Spotify bug. Here’s what the latest data shows across all plan types and tiers in the United States, and what this means for streaming royalties going forward.
Core Music Industry Funding Actually Rose in 2024 Thanks to a Few Massive Raises — Is a Wider Resurgence In the Cards for 2025?
Music industry funding ticked upward in 2024, but year-over-year levels would have plunged if not for a few huge raises. Amid rumblings of a significant rebound, what does 2025 have in store?
Will 2025 offer a funding bounce? While we don’t have an answer to that all-important question, we certainly aren’t without valuable takeaways from 2024. Like with our prior analyses, those takeaways are made possible by DMN Pro’s Music Industry Funding Tracker, a one-stop database of raises from in and around the... Read More...
Spotify’s Individual Subscribers Are Suddenly Declining In the US — Here’s a Look at the Latest Data
Full year-over-year data is revealing tepid US-based premium subscriber gains for Spotify, including near-zero growth and recent declines in the all-important Individual Premium subscriber category.
Amazon Music Is Losing Ground In 2024 — And Other Takeaways From DMN Pro’s Latest Streaming Subscriber Breakdown
As the sun sets on a wild 2024, here’s where major streaming music platforms stand in the all-important race for paying subscribers.
More Than 170 Music Festivals Were Canceled, Postponed or Simply Disappeared In 2024 — And There’s Still a Month Left
Here's a closer look at why so many mega-events crashed in 2024, and the scary possibilities heading into 2025.
Drake Threatens to Burn Down the Music Industry – A Look at the Tough Decisions Ahead for UMG, Spotify, and iHeartRadio
Drake's legal salvos against Universal Music Group, Spotify, and iHeartRadio aren't your typical breach-of-contract or copyright infringement disputes. Instead, the accusations target potentially explosive wrongdoings with enormous implications if proven correct. Here's a look at these legal filings and the chaos that could be next for the music industry.
Spotify Isn’t the Biggest Podcasting Platform Anymore — So What Happened?
Spotify bet the farm on podcasts by dumping hundreds of millions of dollars on high-profile hosts and content factories. But the podcasting format is now morphing into something different – and pushing Spotify into second place. Here’s a closer look at what happened.
Quick: what’s the biggest podcasting platform on the planet?
If you answered Spotify, you can be forgiven. In 2021, Spotify quickly moved past Apple as the largest podcasting platform in the world after spending hundreds of millions of ... Read More...
Will TikTok Get Dumped Under Trump? How Everything Changed Overnight — And Why Many In the Music Industry Would Love to See TikTok Go
A look at whether TikTok can beat the ban under the Trump Administration — and why many in the music industry couldn't care less.
US-Based Recorded Music Sales Are Still 36% Below 1999 Inflation-Adjusted Peaks, Latest Data Reveals
Here’s a hard, inflation-adjusted look at the actual state of recording music sales in 2024 – and where things might go next.
Are CDs Coming Back? A Look at the Strange New Data on Discs
After flatlining into obscurity, is the CD format quietly staging a comeback?
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