Music Streaming is On the Rise
Music streaming is continuing to grow, which gives you an opportunity to make more money from your music! Here are a couple facts about music streaming:
- “Revenue in the Music Streaming segment amounts to US$11,439m in 2018.” – Statista
- “Revenue is expected to show an annual growth rate (CAGR 2018-2022) of 6.6%, resulting in a market volume of US$14,786m by 2022.” – Statista
- “With a rate of 49.7%, the user penetration in the Music Streaming segment is highest in the United States.” – Statista
This means streaming only has room to grow. It’s just getting started, so start taking advantage of it now!
Is Your Music On Streaming?
To take advantage of this growth, you’ll need to put your music on streaming platforms.
Not sure where to get started? Check out our post on How and Where to Distribute Your Music.
Are You Getting The Most Out of Streaming?
Just because your music is on streaming, doesn’t mean it’s going to get a lot of traction. Check out our post on How and Where to Market Your Music and How to Get Paid More from Music Streaming to get the most out of streaming.
Another way to get the most out of your streaming is to get on playlists. Check back next Friday for our post on playlists!