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[20] Spotify launched in the United States in July 2011, and offered a six-month, ad-supported trial period, during which new users could listen to an unlimited amount of music for free. In January 2012, the free trial periods began to expire, limiting users to ten hours of streaming each month and five plays per song. [21]
The Billboard Hot 100 is the music industry standard record chart in the United States for songs, published weekly by Billboard magazine. Chart rankings are based on sales (physical and digital), online streaming, and radio airplay in the U.S. [1] A new chart is compiled and released online to the public by Billboard' s website on Tuesdays but ...
Pandora is a subscription-based music streaming service owned by the broadcasting corporation Sirius XM that is presently based in Oakland, California inside of the United States. The service carries a focus on recommendations based on the "Music Genome Project", which is a means of classifying individual songs by musical traits such as genres ...
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Warner Music Group — 25.1%; Universal Music Group — 24.3%; Sony Corporation — 22.1%; Other — 28.5%; The largest players in this industry own more than 100 subsidiary record labels or sublabels, each specializing in a certain market niche. Only the industry's most popular artists are signed directly to the major label.
In 2010, Taobao's profit was estimated to be ¥1.5 billion (US$235.7 million), which was only about 0.4 percent of their total sales figure of ¥400 billion (US$62.9 billion) that year, way below the industry average of 2 percent, according to iResearch estimates. [87]
The United States has remained the biggest market for recorded music in IFPI history, except in 2010 when Japan topped the list. The largest Asian music market, Japan has always [vague] stayed within the top two. The other largest music markets by region include the United Kingdom in Europe, Australia in Oceania, and Brazil in South America.
YouTube is an American online video sharing platform owned by Google. Accessible worldwide, [note 1] YouTube was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim, three former employees of PayPal. Headquartered in San Bruno, California, United States, it is the second-most visited website in the world, after Google Search.
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