The industry’s biggest frenemy has always helped break acts like rising rap star Roddy Ricch. Now it’s signing up more subscribers and bringing in serious revenue — and finally winning over some label executives.
New reports suggest that YouTube is still the one to beat when it comes to mobile video streaming. Netflix, Hulu, Disney+, and others are trying to compete, but YouTube is top dog alongside growing apps like TikTok.
Online music streaming had a reach of 37% in 2019 while that of radio declined to 41%. In absolute numbers, the reach of radio was 377 million whereas online music streaming had a reach of 331 million in 2019.