"digital music" articles

This is an interesting time to be in music streaming. Competition is rife, and the margins are thin. The largest players are either unicorns in search of profitability (i.e., Spotify, Pandora) or tech giants looking to lock consumers into their ecosystem (Apple, Google, Amazon). Smaller players are increasingly looking at ways to differentiate and stay afloat. For example, Sprint recently announced that it is acquiring one-third of TIDAL, a rebranding of the Norwegian WiMP service...
Today’s launch of Amazon’s standalone streaming music service , Amazon Music Unlimited, will definitely have an impact for the streaming music industry. Amazon announced a standard $9.99 per month price, but a $2 discount for Amazon Prime members and a $3.99 per month rate for Amazon Echo owners. The Amazon Echo offering does not include the ability to listen on alternative devices, such as smartphones, tablets, and computers. Parks Associates research indicates a...
The power of audio was a reoccurring theme at yesterday’s CEDIA session: Growth & Future Outlook for the High-End Audio Market. Consumers’ attachment to music is a key influencer in the audio market. According to Parks Associates research, two-thirds of U.S. broadband households use a streaming audio service. The panelists discussed current trends and the future outlook of the market. The session featured: Brad Russell , Research Analyst, Parks Associates...
 
by Alexandra Martin | Sep. 16, 2016
Tags: audio, connected CE, digital music, home networks, industry event, millennials, multiscreen
On July 5th, 2016, the U.S. Court of Appeals for the 9th Circuit issued its opinion on whether password sharing violates the Computer Fraud and Abuse Act (CFAA). I read the U.S. Court of Appeals for the Ninth Circuit opinion on password sharing , and I suggest you do as well. Judge McKeown and Judge Reinhardt make compelling and insightful comments. For those of you who don’t have the time or energy to read it yourselves, I’ve summarized the major points: The case which...
Codenamed “Hendrix” during development, the newly announced Chromecast Audio streaming media device from Google enables users to broadcast music over Wi-Fi to speakers, televisions, and car stereos that have the device plugged into their standard 3.5 mm audio port, RCA port or optical input. With its product launch today, Google seeks to further solidify its position in the streaming media space. Here are a few quick observations that suggest why Chromecast Audio may or...
 
by Brad Russell | Sep. 29, 2015
Tags: Chromecast, digital music, Google, streaming
As I stroll and speak around CCW-SATCON today, there is plenty of talk around how OTT rights and licensing are going to affect traditional video distribution methods. However, Google (being Google), decided to crash the party with their announcement of YouTube Music Key , an ad-free subscription service that will allow users to watch, download, and listen to music offline or with the screen locked. The new music service is interesting, and there are a few key takeaways from the...
New Parks Associates consumer research examines the trend toward original content and how it impacts consumption and brand perception. The research firm finds that new technologies and content options are driving changes in digital media consumption. In the video market, online video sources are now becoming important sources for content, especially for younger consumers. The disruptive forces behind this shift are also affecting other aspects of digital media, including music,...
Parks Associates' digital music report, Evolution of Digital Music on Connected Devices , finds that since 2011, the number of consumers in U.S. broadband households listening to streaming audio services has grown 130%. This rapid growth can be attributed to the expansion of connected CE devices such as such as A/V receivers, all-in-one home theater systems, wireless speakers, speaker docks, speaker bars, multiroom digital music systems. In this report, Parks Associates analysts...
 

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