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Music Businesses

Music Streams Hit 4 Trillion in 2023 (apnews.com) 21

The global music industry surpassed 4 trillion streams in 2023, a new single-year record, Luminate's 2023 Year-End Report found. Global streams were also up 34% from last year, reflective of an increasingly international music marketplace. From a report: Stateside, three genres saw the biggest growth in 2023: country (23.7%), Latin (which encompasses all Latin musical genres, up 24.1%) and world (a catchall that includes J-pop, K-pop and Afrobeats, up 26.2%.) It seems that more Americans are listening to non-English music. By the end of 2023, Luminate found that Spanish-language music's share of the top 10,000 songs streamed in the U.S. grew 3.8%, and English-language music's share dropped 3.8%.
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Music Streams Hit 4 Trillion in 2023

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  • by syn3rg ( 530741 ) on Wednesday January 10, 2024 @11:44AM (#64147099) Homepage
    I remember when "mp3" surpassed "sex" as the most searched for term on the Web. Although I still buy CDs and rip them for my personal collection, streaming music is good for learning new artists or genres to follow.
  • Somehow a German electro band mix around a vocal track by Venezuelan singer María Márquez of Afro Venezuelan traditional women's work song Canto del Pilón, ended up very popular in Romania and Moldova. Her rendition is outstanding, and is worth locating.
  • As a listener who prefers non-mainstream music, it's great!
    The spotify robot works exceptionally well at picking new stuff that I like. It has never fed me stuff I dislike
    There is more niche music available now than at any time in the past, and most of it is really good

    The bad news, most of the bands I listen to get paid very poorly. I suspect that many are hobbyists. It's really hard to make a living in music today. I would gladly pay more if the money went to the bands, not the record companies or streami

    • The bad news, most of the bands I listen to get paid very poorly. I suspect that many are hobbyists. It's really hard to make a living in music today.

      With the exception of a handful of unicorns during each era, this has been true since the day sound recordings were invented.

    • Spotify pays up, it says so right here: Spotify pays [theonion.com]
  • by Anonymous Coward

    It seems that more Americans are listening to non-English music.

    You don't know this. It's estimated that at least 5 million non-Americans (known/unknown got-aways + bogus asylum seekers) made it into the US in the last couple years alone, nevermind the last 10-15. They don't assimilate so why would they be listening to English music?

  • Does a listener have to listen to a song from start to end in order for that song to count as a "stream"? What if someone has a service with unlimited skips, and that person is constantly skipping after hearing a song for one second? If each of those skips counted as a stream, then the number of streams gets amplified a lot. I've seen my kids skipping songs where the number of skips is greater than the number of songs actually listened to.

    This is effect is sort of like TV channel surfing from a long time

  • Seems like a pretty vast number, so I did the math. Still... it's a lot. I mean, it's certainly within the realm of possibility. But I'm betting the derivation is a bit fuzzy in practice. Given the declining ability of people to pay attention for long, I'll bet that if you start a stream and abandon it after ten seconds, that counts as one.

    Regardless, I'm not surprised. What used to cost $15/CD is effectively now zero - of course people will use a lot of it. When pictures need to be developed and weren't fr

  • I've always liked country, but over the last year of streaming I've mostly listened to:
    Country
    Los Tigres Del Norte

    I wouldn't be surprised if Los Tigres concerts started getting overrun by white hipsters in Mexican made western wear.

    Country and all things western/cowboy saw a big rise in popularity as part of the Yellowstone effect. Residents of Montana (Montanans?) can attest to this. See @hipstersofbozeman on instagram and real estate prices in Bozeman.

  • by antdude ( 79039 ) on Wednesday January 10, 2024 @09:12PM (#64148495) Homepage Journal

    ... Not physical, but digital files like MP3s, OGGs, MOD, S3M, IT, XM, 669, MID, etc.

  • The planet has roughly 10 billion people.
    From age 0 to age 100.
    The year has 365 days.

    So every person on the planet has to listen to a stream at least once a day to reach 4 trillion.

    Does not make any sense.

    • by mjwx ( 966435 )

      The planet has roughly 10 billion people. From age 0 to age 100. The year has 365 days.

      So every person on the planet has to listen to a stream at least once a day to reach 4 trillion.

      Does not make any sense.

      What you've got to remember is that most of those 10 billion people are in countries where "this service is not available in your location".

      However 4 Trillion streams would have generated around $280 in royalties for artists.

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