Music Business News: United States

Here’s a cold, hard fact about Spotify. Can the music industry live with it?

A quarter of Spotify's users pay - a stat that's been the same for three years

Spotify storms past 15m paying subscribers milestone

Platform has added 10m users in a month-and-a-half

Pandora’s share price tumbles 50% in a year

Concern over a slowdown in listening hours hits hard

Rock music is twice as popular as pop in America – but R&B rules streaming

Rock takes 33% of album sales vs. pop's 11%

Radio, not YouTube, is still king of music discovery

51% of US consumers use radio to discover new music

Actually, album sales are doing fine in America… so long as you’re not iTunes, Walmart or Target

'Non-traditional' retail posts 5% increase in album sales

US music fans now spend more on concerts than CDs, downloads and streaming combined

Streaming claims just 3% of the average fan's yearly spend

Deezer set to challenge Spotify in US after swooping for Muve

Pricetag believed to be less than $100m