According to revenue statistics shared with Digital Music News by label trade group RIAA, it includes everything from Spotify to Pandora to YouTube to Sirius XM Radio. Anything that falls under 'access' instead of 'ownership,' ad-supported or subscription. "Collectively, [access services] went from just 3 percent of total industry revenues in 2007 to 15 percent in 2012, totaling over $1 billion for the year," an executive from the group shared.
The more exact total, according to the RIAA count, is $1.033 billion. On the subscription on-demand front, the group counted 3.4 million subscribers, averaged across the year... Click here to read the rest of the article.
BMW Adds iOS-Based Mobile Audio Streaming To Cars
BMW is taking a leaf out of Ford's book, adding mobile app powers to its in-car digital entertainment system.
The German car maker has just made deals with Audible, Glympse, Rhapsody and TuneIn to bring their content directly into BMW Apps-enabed vehicles and let the car's console control the apps running on iPhones.
US Music Streaming and Subscriptions Grow