Tag: digital music player
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Artificial Streaming Threatens Music Industry: Balancing Speed and Security
Artificial streaming has emerged as a major threat to the music industry, diverting revenue from genuine artists and eroding trust within the ecosystem. The advent of digital music has revolutionized the industry, eliminating traditional gatekeepers and providing artists with global visibility and autonomy. However, this newfound accessibility has also exposed vulnerabilities, paving the way for…
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Music Industry Trends: Challenges and Triumphs in Streaming Era
The music industry is a dynamic landscape, constantly evolving with the changing trends and technologies. In recent years, the industry has witnessed a surge in the number of songs uploaded to streaming platforms, with an average of 99,000 songs being added daily. Despite the vast array of music available, a mere 1% of artists on…
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Australian Music Industry Thrives with Digital Dominance
The Australian recorded music industry celebrated its sixth consecutive year of growth in 2024, with wholesale sales surging by 6.1% to reach $717 million. This positive trend was driven by a combination of physical and digital sales, with digital sales outpacing physical sales by a significant margin. The latest data from the Australian Recording Industry…