Time spent with digital audio has increased thanks to the emergence of streaming services like Spotify, Apple Music, Google Play Music, SoundCloud, Stingray, Amazon Music, iHeartRadio, and Radioplayer Canada, which have expanded the digital listening menu. YouTube is also a go-to platform for podcasts.

Music streaming surpassed broadcast radio in terms of time spent. In H1 2021, respondents devoted an average of 1:28 daily to streaming music, versus 1:03 with live radio. Podcasts were also popular, claiming 34 minutes per day. Desktops, laptops, and tablets accounted for almost an hour more of daily media time than mobile phones.

On the company’s earnings call, CEO Jack Dorsey said Block now comprises four business units: Square, Cash App, music-streaming service Tidal, and TBD. (No details were provided on the final unit besides that it’ll service Bitcoin developers.).

, mail-order sales, etc.); digital download sales (movies, music, content, etc.); consumer-to-consumer (C2C) platform sales (eBay, auction sites, etc.).

While 85.2% of respondents ages 16 to 24 had listened to music, podcasts, and other digital audio content in the prior month, that share fell with every additional decade of age, declining to 40.1% among respondents ages 55 to 64. Video streaming now reaches a larger audience than live broadcast TV. As of Q1 2021, 82.5% of internet users had watched broadcast TV in the prior month.

Its music arm, Tencent Music Entertainment (TME), invested in virtual concert operator Wave in 2020. TME hosted a virtual concert dubbed TMELAND at the end of December 2021. ByteDance. ByteDance invested in Roblox’s Chinese competitor Reworld in April 2021 and acquired VR headset maker Pico in August of that year. Its investment arm invested in VR/AR company Mengtu Keji (梦途科技).

Some 83.0% of internet users ages 16 to 24 had streamed music, podcasts, or another form of audio content in the prior month, but that share fell in near-direct correlation with rising age, to 52.0% in the most senior group. Income and household location were less significant factors in digital audio usage. Some advanced digital devices are already broadly popular, others less so.

., those set by the listener); music or other audio content delivered within a website or app (e.g., AM/FM radio broadcasts streamed online); and audio podcasts (streamed or downloaded). Excludes other downloaded audio files (e.g., music MP3s), as well as digital terrestrial and satellite radio services that are delivered over the air.

Digital audio content, including music and audiobooks, climbed modestly year over year to reach 63.6% of internet users in H1. Penetration rose in almost all cohorts, falling only among the youngest group. Even with the decline, the 16-to-24 cohort posted the highest monthly usage, at 81.4%. Social media and messaging far surpassed any other activity in terms of reach and time spent in H1.

In H1 2021, 68.1% of respondents had listened to music, podcasts, audiobooks, or other audio content online in the prior month. And age-related differences remained much more marked among digital audio consumers than among video viewers. In the youngest age group, 88.3% said they had listened to digital audio in the previous month.

By contrast, the share who streamed music, podcasts, audiobooks, or other digital audio content slipped from 58.2% to 56.8% year over year. However, this scale of change may be statistically insignificant, and due to a larger sample size that is more representative of the online population.