U.S. Music Fans Continue Shift to Streaming Services as Apple Readies Beats Revamp
Paid music downloads, which have dominated the digital music market for years thanks in large part to Apple's iTunes Store, showed accelerating weakness in the United States last year as music streaming services like Spotify and a resurgence of vinyl record sales exploded in popularity.
According to Nielsen SoundScan (via The Wall Street Journal), streaming music grew a remarkable 54 percent in 2014, moving from 106 billion songs in 2013 to 164 billion in 2014. That growth contrasts with traditional song downloads that dropped off significantly from 2013. Paid downloads for full music albums declined 9 percent in 2014, with individual song downloads seeing an even larger 12 percent drop-off. Overall, according to SoundScan, Americans bought 257 million albums in 2014, 106.5 million of which were downloaded digitally.
Amid the digital shift from individual downloads to streaming, an older technology also saw a resurgence in 2014 with vinyl record sales at their highest levels since SoundScan began tracking music sales in 1991. Nielsen's tracking shows 9.2 million vinyl records sold, representing a 52 percent overall increase in sales from 2013.
With lackluster overall digital music downloads mirroring a similar drop in iTunes Store sales, Apple has been looking at ways to improve its positioning in the music market. Apple's initial effort with iTunes Radio to offer a Pandora-like experience that also seeks to drive iTunes Store purchases has had a less-than-stellar reception with availability in only the United States and Australia. That weak entry likely spurred Apple to pursue last year's acquisition of Beats Music for a full-fledged subscription streaming service.
Recent reports have indicated that Apple will be pursuing a major revamp of Beats early this year that may see prominent integration of the paid streaming service into iOS and iTunes, perhaps including a rebranding under the iTunes name.
Popular Stories
Apple suppliers will begin mass production of the fourth-generation iPhone SE in December, supply chain analyst Ming-Chi Kuo said today in a blog post.
The fourth-generation iPhone SE is expected to have a similar design as the base iPhone 14, with rumored features including a 6.1-inch OLED display, Face ID, a newer A-series chip, a USB-C port, a single 48-megapixel rear camera, 8GB of RAM...
Apple today released a new firmware update for the original AirPods Pro, the AirPods 2, the AirPods 3, and the Lightning version of the AirPods Max headphones. The new firmware is version 6F21, up from the prior 6A326 firmware that these devices were previously running.
There is no word on what's included in the firmware, but given that these are all older models, it is likely that the new...
Apple's Mac mini has long been a powerhouse in a compact form, offering impressive performance in a small package. With rumors swirling about a completely overhauled new model that is likely just days away from being announced, anticipation is building for what Apple has in store.
From enhanced connectivity to major hardware upgrades, the upcoming Mac mini promises to bring significant...
Apple has abruptly reduced production of the Vision Pro headset and could stop making the current version of the device completely by the end of 2024, The Information reports.
Citing multiple people "directly involved" in making components for the headset, the report says that the scaling back of production began in the early summer. This indicates that Apple now has a sufficient number of...
Apple is expected to release iOS 18.1 on Monday, October 28, bringing the first set of Apple Intelligence features to iPhone 15 Pro and iPhone 16 models. This update marks the first significant step forward in Apple's AI integration, offering a new Siri contextually-aware experience and a range of additional capabilities powered by on-device machine learning and large language models. There are a ...
The Wall Street Journal's Ben Cohen this summer interviewed Apple CEO Tim Cook about the Vision Pro, innovation, Apple Intelligence, and more.
Image Credit: Vanity Fair
Cook admitted that the Vision Pro headset is not a mass-market product due to its high price.
"At $3,500, it's not a mass-market product," said Cook. "Right now, it's an early-adopter product. People who want to have...
Just a few hours after claiming that the first Macs with M4 chips are launching "very soon," Bloomberg's Mark Gurman has followed up with a slightly more specific timeframe. In his latest social media post today, he said an "M4 Mac launch" is on Apple's schedule for next week, but he did not mention a specific day.
A concept of a smaller Mac mini with front-facing USB-C ports
"Busy week for...
Apple is planning to launch its first Macs with the M4 series of chips "very soon," according to Bloomberg's Mark Gurman.
In a social media post today, Gurman said these Macs will include new MacBook Pro, iMac, and Mac mini models specifically. He continues to expect the next Mac mini to feature a "revamped" design, in line with his previous reporting that said the new model will be nearly...
Apple's Greg Joswiak today made it clear that Apple plans to reveal new products next week, teasing refreshed Macs. In a social media post, Joswiak said to "Mac your calendars" because there's an exciting week of announcements that start on Monday morning.
With Joswiak's announcement, it appears that there will not be a dedicated October event for Macs this year, with Apple instead...
