Roughly 30 percent of all streams came from this genre in 2021, which can at least partially be explained by its popularity among young and digitally savvy listeners. The overall demand for.. Americans are spending on average more than 4.5 hours a day (32.1 hours per week) listening to music, says Nielsen in releasing new data on music consumption. That marks a substantial rise from less than 4 hours a day last year, per the report, which attributes the increase to the role of tech devices in music consumption. The average music.
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13% of streaming rev. 9% of streaming rev. Paid streaming subscriptions account for the largest share (78%) of streaming revenues in the U.S. This number was $4.6 billion in 1H of 2021 and up 26% year-over-year. (3) Ad-supported on-demand audio and video streaming make up 13% of the total streaming revenue.. The consumption of the audio medium has steadily increased since 2014, reaching a global recorded music revenue of 28.8 billion U.S. dollars in 2022. While a handful of countries can argue about.
