Subscription Growth for Music Services Flatlined in the US in 2024

music subscription growth flatlines

Photo Credit: DMN Pro Major digital service providers (DSPs) saw their subscriber growth flatline in 2024 as the US market for music subscriptions becomes saturated. Spotify and Apple Music are still growing—but everyone else has […]

NetEase Cloud Music Posts Double-Digit 2024 Subscription Jump

NetEase Cloud Music

Photo Credit: NetEase Cloud Music NetEase Cloud Music has reported modest overall growth – and a more than 20% subscription-revenue expansion – for 2024. The 12-year-old streaming service posted its full-year financials today, with rival […]

DMN Pro Weekly: Spotify Individual Premium Subscribers Continue to Flatline In the US — As the Broader US-Based Streaming Music Subscription Picture Remains Soft

Spotify's Individual Subscribers Are Suddenly Declining In the US — Here's a Look at the Latest Data

Surprising declines in Spotify’s US-based individual Premium subscriptions first emerged in September of 2024, part of a broader slowdown in music subscription growth in the country. Now, Spotify’s all-important subscription tier appears to be flatlining, […]

DMN Pro Weekly: Fewer Than 1% of Spotify Subscription Plans Are Currently Non-Bundled and Music-Only, Late-2024 Data Shows

Spotify's Individual Subscribers Are Suddenly Declining In the US — Here's a Look at the Latest Data

Spotify’s non-bundled, music-only subscriptions virtually disappeared in 2024, according to DMN Pro’s latest intel. But that’s a Spotify feature, not a Spotify bug. Here’s what the latest data shows across all plan types and tiers […]

Blue Note Records Announces Tone Poet Subscription Service

Christmas Music 2024 Playlist

Blue Note Records has announced the launch of the Tone Poet Society, a new subscription service dedicated to the legendary jazz label’s Tone Poet Audiophile Vinyl Reissue Series. Shop the best of Blue Note’s Tone […]

Tencent Music Posts Q3 ’24 Earnings Bump on Subscription Gains

Tencent Music earnings

Tencent Music achieved continued subscriber and profit growth during Q3 2024, per a new earnings report. Photo Credit: TME Despite suffering another revenue decrease on the non-streaming side, Tencent Music has reported double-digit subscriber and […]

YouTube Premium is taking away grandfathered $7.99 legacy price after raising subscription costs

YouTube Premium is taking away grandfathered $7.99 legacy price after raising subscription costs

YouTube has announced they’re ending its $7.99 grandfathered legacy price for premium almost immediately after increasing its subscription cost for users. Early subscribers to what is now called “YouTube Premium” will soon see their subscription […]

Is Warner Music Really Achieving ‘Strong Subscription Streaming Growth’? We Crunched the Numbers to Find Out

Online Event: What is Radio in 2024? Live 11am PT / 2pm ET

For Universal Music Group and Warner Music Group, calendar Q2 2024 was a tale of two earnings reports — and streaming forecasts. While UMG acknowledged a subscription-growth slowdown, the Robert Kyncl-led WMG emphasized “strong” improvements. […]