Vinyl Tipped for the Top, as Market Expected to Achieve 34% Growth in 2021
Vinyl continues to excite consumers and capture an increasing share of wallet, as the long-standing music format underwent another rally last year, achieving 23% retail value growth according to Futuresource Consulting.
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Date Published: 16 Nov 2021
Author: Alexandre Jornod
Vinyl Set to Become a "Forever Format", Despite Short-Term Supply Issues
The pandemic has spurred a new wave of growth for the vinyl market. With a booming demand on a global level, vinyl is set to reach the status of ‘forever format’, driving long-term value to the music market by becoming a true fan-product.
Date Published: 09 Nov 2021
Music Streaming Users Demand Better Quality Audio
Streaming music subscriptions have climbed sharply during lockdown according to a new Futuresource consumer survey, with 22% of respondents saying that they signed up to a new service.
Date Published: 20 Sep 2021
Why Apple Acquiring Primephonic Could be a Turning Point for Classical Music (And a Smart Move from Apple)
Apple surprised many by announcing that it has purchased Primephonic, one of the leading classical music streaming services. This acquisition could be a true milestone for classical music in the digital era.
Date Published: 02 Sep 2021
Automotive Audio Shifting to Software as an All-Electric Future Approaches
Cars are becoming smart and connected, opening up a wide range of new use cases and business models for the audio industry, as explored in a new report from Futuresource Consulting.
Date Published: 26 Aug 2021
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