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Streaming Music Subscribers to Reach 29 Million This Year

This mirrors expectations from another analyst firm, Parks Associates, which predicts streaming music subscribers to triple by 2017.

The reports also show that Spotify is currently dominating the streaming music market. The service currently accounts for just shy of one-third of on-demand music subscribers around the world, according to ABI. French service Deezer, South Korean service MelOn, and Rhapsody account for large portions of the market as well.

From the article, "Streaming Music Subscribers to Reach 29 Million This Year" by Sean Patterson.

Previously In The News

Online Video Ad Revenue To Surpass $1.3 Billion

U.S. online video advertising revenue is on track to surpass $1.3 billion this year, according to a new report from Parks Associates. Among U.S. broadband households, almost 50% of heads-of-house...

Netflix Beats Cable for Customer Satisfaction

A new study has revealed that customers rate Netflix Watch Instantly higher in customer satisfaction than premium broadcast TV. The study, from market research and consulting firm Parks Associates,...

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