Subscribers Had by Streaming Services From 2015-2020.
The bar chart to the left shows the overall number of subscribers to streaming services over the years. The data begins prior to the COVID-19 pandemic, 2015, and ends amid present day. The data was sourced by various websites listed as followed:
https://www.businessofapps.com/data/spotify-statistics/, https://www.businessofapps.com/data/pandora-statistics/, https://www.businessofapps.com/data/apple-music-statistics/.
| Year | Apple | Pandora | Spotify |
|---|---|---|---|
| 2015 | 11 | 3.8 | 22 |
| 2016 | 20 | 3.9 | 36 |
| 2017 | 27 | 4.8 | 59 |
| 2018 | 40 | 5.6 | 83 |
| 2019 | 50 | 6.2 | 108 |
| 2020 | 72 | 6.3 | 138 |
Spotify Stock Data
[1] "SPOT"The plot to the left shows Spotify’s stock price at various time periods, showing both the highs, lows, and adjusted price. The high is indicted within the blue line, the low is indicated within the red line, and the adjusted price is showed within the green line. The data is sourced from https://finance.yahoo.com/quote/SPOT/. As you can see, around the beginning of the COVID-19 pandemic, Spotify’s stock price shot up. Unlike other stock prices that were hurt amid the pandemic, Spotify stayed strong showing the promise of music streaming services.
Revenue Had by Streaming Services from 2015-2020.
The plot as followed shows the total revenues generated through various streaming services beginning in 2016 and ending in 2020. As you can see, once the COVID-19 pandemic began, streaming revenues skyrocketed unlike many business within the nation. This proves to be interesting because it shows that industries that do not have to interact directly with the consumer thrived. Data was sourced from the links as followed:
https://www.businessofapps.com/data/spotify-statistics/, https://www.businessofapps.com/data/pandora-statistics/, https://www.businessofapps.com/data/apple-music-statistics/
| Year | Apple | Pandora | Spotify |
|---|---|---|---|
| 2016 | 0.6 | 1.38 | 3.31 |
| 2017 | 1.1 | 1.46 | 4.60 |
| 2018 | 1.8 | 1.56 | 5.92 |
| 2019 | 2.8 | 1.72 | 7.63 |
| 2020 | 4.1 | 1.69 | 8.87 |
Mid-Year 2021 Streaming Data
The pie chart on the left portrays the different genres that have been recently streamed. As you can see, Hip-Hop/R&B has been immensely popular during the COVID-19 pandemic followed by Rock and Pop. This can prove to be interesting to some because it shows that in recent years the popularity of Country music has been on the decline, which was once the most popular genre in the nation. The data was sourced from billboard from the link that follows:
https://www.billboard.com/wp-content/uploads/2021/07/MRCData_MIDYEAR_2021_US_FINAL-1626122960.pdf
| Genre | % of Total On Demand Streams |
|---|---|
| Children | 1.1 |
| Christian/Gospel | 1.8 |
| Classical | 0.8 |
| Country | 7.6 |
| Dance/Electronic | 3.5 |
| Jazz | 0.7 |
| Latin | 6.7 |
| Other | 15.5 |
| Pop | 13.3 |
| R&B/Hip-Hop | 30.7 |
| Rock | 16.5 |
| World Music | 1.8 |
Total on Demand Steaming by Genre From 2016-2020
Much like the pie chart before, this bar chart separates music streams by genre. Unlike the pie chart, this chart portrays the genres being streamed from 2016 until 2020. The bar chart indicated that the top three genres streamed throughout the years include R&B/Hip Hop, Rock, and Pop. The data was sourced from the link as followed:
https://www.nielsen.com/wp-content/uploads/sites/3/2019/04/us-mid-year-report-july-2016.pdf https://www.nielsen.com/wp-content/uploads/sites/3/2019/04/2017-year-end-music-report-us.pdf https://www.nielsen.com/wp-content/uploads/sites/3/2019/04/us-midyear-music-report-2018.pdf https://static.billboard.com/files/pdfs/NIELSEN_2019_YEARENDreportUS.pdf https://www.musicbusinessworldwide.com/files/2021/01/MRC_Billboard_YEAR_END_2020_US-Final.pdf
| Genre | Year | % of Total On Demand Streams |
|---|---|---|
| Children | 2016 | 0.7 |
| Children | 2017 | 0.8 |
| Children | 2018 | 1.0 |
| Children | 2019 | 1.1 |
| Children | 2020 | 1.2 |
| Christian/Gospel | 2016 | 2.0 |
| Christian/Gospel | 2017 | 1.8 |
| Christian/Gospel | 2018 | 2.3 |
| Christian/Gospel | 2019 | 1.9 |
| Christian/Gospel | 2020 | 1.8 |
| Classical | 2016 | 0.4 |
| Classical | 2017 | 0.6 |
| Classical | 2018 | 0.8 |
| Classical | 2019 | 0.9 |
| Classical | 2020 | 0.8 |
| Country | 2016 | 5.0 |
| Country | 2017 | 5.5 |
| Country | 2018 | 7.1 |
| Country | 2019 | 7.2 |
| Country | 2020 | 7.1 |
| Dance/Electronic | 2016 | 5.6 |
| Dance/Electronic | 2017 | 4.2 |
| Dance/Electronic | 2018 | 4.2 |
| Dance/Electronic | 2019 | 3.8 |
| Dance/Electronic | 2020 | 3.3 |
| Holiday/Seasonal | 2017 | 1.0 |
| Holiday/Seasonal | 2019 | 1.1 |
| Jazz | 2016 | 0.7 |
| Jazz | 2017 | 0.6 |
| Jazz | 2018 | 0.7 |
| Jazz | 2019 | 1.0 |
| Jazz | 2020 | 0.7 |
| Latin | 2016 | 3.8 |
| Latin | 2017 | 8.0 |
| Latin | 2018 | 10.0 |
| Latin | 2019 | 4.8 |
| Latin | 2020 | 6.0 |
| Other | 2016 | 24.1 |
| Other | 2017 | 20.4 |
| Other | 2018 | 4.1 |
| Other | 2019 | 15.4 |
| Other | 2020 | 17.7 |
| Pop | 2016 | 14.9 |
| Pop | 2017 | 12.9 |
| Pop | 2018 | 15.7 |
| Pop | 2019 | 13.7 |
| Pop | 2020 | 13.1 |
| R&B/Hip-Hop | 2016 | 24.9 |
| R&B/Hip-Hop | 2017 | 29.1 |
| R&B/Hip-Hop | 2018 | 36.4 |
| R&B/Hip-Hop | 2019 | 30.7 |
| R&B/Hip-Hop | 2020 | 31.1 |
| Rock | 2016 | 17.9 |
| Rock | 2017 | 15.1 |
| Rock | 2018 | 17.7 |
| Rock | 2019 | 17.1 |
| Rock | 2020 | 15.6 |
| World Music | 2019 | 1.3 |
| World Music | 2020 | 1.6 |
Live Nation Quarterly Revenue
The clustered bar chart to the left shows revenues generated by Live Nation separated into quarterly earnings. The data begins in 2018 and ends in the present day. Live Nation is a promotion company that schedules things such as concerts, listening parties, and live events. Prior to COVID-19, the concert industry was a booming market generating revenues upwards of 4 billion dollars in quarter three. As the pandemic began, the industry was affected greatly lowering revenues to just 74 million. Although the industry was affected, it has recently been back on the rise generating revenues around 2.7 billion in quarter three of 2021. The data was sourced from the link as followed:
https://www.macrotrends.net/stocks/charts/LYV/live-nation-entertainment/revenue
| Year | Quarter | Revenue |
|---|---|---|
| 2018 | Q3 | 3835 |
| 2018 | Q4 | 2602 |
| 2019 | Q1 | 1728 |
| 2019 | Q2 | 3157 |
| 2019 | Q3 | 3774 |
| 2019 | Q4 | 2889 |
| 2020 | Q1 | 1366 |
| 2020 | Q2 | 74 |
| 2020 | Q3 | 184 |
| 2020 | Q4 | 237 |
| 2021 | Q1 | 291 |
| 2021 | Q2 | 576 |
| 2021 | Q3 | 2699 |