Music

Subscription Services Overtake YouTube As Top Music Streaming Medium (Report)

Despite its grapples with the music industry, YouTube has long been the biggest music streaming destination in the world — until now. A boom in subscriptions to services like Spotify, Apple Music, and Google Play in 2016 has meant that on-demand audio platforms have officially overtaken digital video music streamers (including YouTube and Vevo), according to The Drum, which cited a report from music industry monitoring company BuzzAngle.

That report, which can be viewed in full right here, states that while digital video music streams grew 7.5% year-over-year to 181 billion total plays in 2016, audio on-demand services increased by a whopping 83% to 251 billion total streams.

And this growth is being driven largely by paid-for apps like Apple Music, reports The Drum

, which were responsible for a 124% increase in plays over the past year. Ad-supported services, such as Spotify’s free offering, only accounted for a 14% increase in plays.

Subscribe to get the latest creator news

Subscribe

Other findings from BuzzAngle’s inaugural Music 2016 U.S. Report 2016 include the fact that overall music consumption was up 4.2% from 2015 — marking the second straight year of overall growth. While physical album sales saw a 12% drop, vinyl record sales were up 25.9%. And the rapper Drake had the most popular album of the year, according to BuzzAngle, with Views.

Share
Published by
Geoff Weiss

Recent Posts

Have you heard? ‘The Guild’ breaks records, Salish Matter goes to Chipotle, and LeBron tees off.

Each week, we handpick a selection of stories to give you a snapshot of trends,…

7 hours ago

Would you sacrifice 6 years of your life to spend 4 days playing GTA VI?

A decade ago, this would have been a surreal headline from The Onion, but in…

1 day ago

Brazil’s LiveMode was a big winner at the World Cup. Now it’s coming for Europe’s biggest leagues.

The English Premier League returns for a new season on August 21, and two days later,…

1 day ago

After becoming China’s answer to YouTube, BiliBili has its eyes on the rest of the world

Can one of China's biggest video hosting sites compete with the titans of the Western…

1 day ago

YouTube is reportedly offering creators millions if they don’t sign deals with Netflix

After more than a year of Netflix treating YouTube like its own personal "farm league"…

2 days ago