4.85 bln hours spent on online music in 2007
Fact recorded on: February 20, 2008. Categories: Music.
Music radio online generated 4.85 bln total listening hours in 2007, up 26.1% over 2006, according to AccuStream iMedia Research. Total listening hours averaged 404.2 mln hours per month (excluding downloaded music), compared to a 320.5 mln hour average in 2006, including leading music subscription services such as Napster, Yahoo! Music and Rhapsody.
Shoutcast (owned by AOL) remains the top platform/destination in the music radio segment, with 48.4% of total listening hours for the year, followed by Clear Channel Online, Yahoo! Music, AOL Radio Networks and Pandora. The two leading subscription services combined captured approximately 4% of listening hour share in 2007. Internet Music Radio ad billings came in at $80 mln in 2007 for audio ads, up 194% over the $26.9 mln comparable in 2006. Adding another $12–$15 mln generated through video ads placed inside music channel environments, the market was worth approximately $92 mln in 2007.
Latest Music facts
- European music sales down 8.3% in 2008
- 33% of all music sold in 2008 was digital
- $3.7 bln of digital music sold in 2008
- Top albums of 2008
- Most downloaded songs in 2008
- Most listened songs on the radio in 2008
- Album sales down 14% in 2008
- 15% of music sold worldwide in 2007 was digital
- Only 22% of US Internet users buy CDs in Q3 2008
- Top music download sites in Japan
- US music sales to reach $9.2 bln by 2013
- 34% of American adults own an MP3 player
- MP3 player shipment growth is expected to slow to just 4.4% in 2009
- Music market shares in October 2008
- 19.6 mln Symbian phones shipped in Q2 2008
- Top US music retailers: Apple, Wal-Mart, Best Buy, Amazon, Target
- 41% of online buyers of music ordered a CD and 58% downloaded digital files
- 56% of music buyers could buy music online
- How do online music buyers find out about new music?
- What online users do after buying music
- Music buying by ages
- 12% of music buyers purchase digital music files
- 83% music buyers find their music from hearing a song on the radio, on TV, or in a movie
- 27% of internet users downloaded music from the internet in 2008
- What do music buyers do after buying music online?
- How people learn about music they may want to buy
- Music consumption statistics
- 53% of online Americans purchased music in 2007
- 32% of internet users buy music online
- 56% of those who bought music most recently said they could have made the purchase online
- 62% of Americans say all of the music they buy are CDs
- Sharing content and buzz after buying music
- How people learn about music they may want to buy
- How Internet users find out about new music
- What people do after buying music online
- Demographics of an online music buyer
- 12% of music buyers purchase digital music files
- 24% of US teens write music
- How internet users who have bought music in 2007 use online resources to learn about music
- 37% of US consumers own a portable MP3 player
- Most popular music download services: iTunes, Napster
- How digital music gets on the users’ phones
- 28% of those online users who listen to radio have a MySpace page
- 33 mln Americans listen to online radio stations
- 500 mln music phones shipped in 2007
- 74.1% of iPhone owners listened to mobile music in January 2008
- 64% of Canadian teens have downloaded digital music
- Top US music retailers: Wal-Mart, Apple
- 48% of US teens did not buy a single CD in 2007
- 4.85 bln hours spent on online music in 2007