Fewer people are streaming popular music, possibly because of the coronavirus

In a nutshell: With so many countries and locations in lockdown due to the coronavirus, one would expect to see a rise in music streaming. But it appears that the opposite is happening. Data shows that countries hit hardest by the virus are streaming fewer of Spotify’s most popular songs than usual.

Quartz reports that Italy, which has the second-highest number of infections (41,000+) behind China, has seen its 200 most-streamed Spotify songs fall from 18.3 million streams per day in February 2019 to 14.4 million since the quarantine began. There was a 23 percent drop in top 200 streams on Tuesday, March 17, compared to Tuesday, March 3.

Fewer people are streaming popular music, possibly because of the coronavirus 1

Image credit: Music Business Worldwide

Quartz does note that while the top 200 streams are becoming less popular, it’s possible that overall use could be stable. But the trend is present in other countries, including the UK, France, and Spain, which have all seen streaming numbers for the top 200 songs fall.

It’s the same story in the US, where total Spotify streams for the top 200 songs fell to 77 million on March 17, the lowest for any Tuesday so far in 2020, and nearly 14 million fewer than the previous week.

So, why are the top 200 streams becoming less popular? Quartz writes that the most popular days for streaming are Friday and Saturday when people are likely to go out, which is a rarity for most right now. It’s also possible that the drop in people commuting and going to gyms has contributed to the fall in numbers.

Music Business Worldwide notes that factors other than coronavirus quarantines could be responsible for the declines, including the slowdown of blockbuster new songs being released. It reiterates that even though fewer people are listening to Spotify’s top 200 tracks, it doesn’t mean the other 50 million songs are performing poorly.

Those in lockdown might be streaming popular music less often, but more people are turning to Steam, which broke its concurrent user record last weekend.

About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews

Crypto Scams

Cryptosoft
Cryptosoft Trading Bot Review
June 27, 2022
The Largest Crypto Scams Of 2022 (So Far)
The Largest Crypto Scams Of 2022 (So Far)
June 14, 2022
Scammers
How Do Scammers Entice Their Prey?
May 10, 2022
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
Beanstalk Farms Loses $80M In A Massive DeFi Governance Flash-Loan Hack
April 23, 2022
Prove
Joon Pak Head of Crypto at Prove talks to Us about Crypto Fraud And More
April 11, 2022

Automated trading with HaasBot Crypto Trading Bots

Blockchain/Cryptocurrency Questions and Answers

Is The Crypto Market Combating A Lehman Brothers Moment?
Is The Crypto Market Combating A Lehman Brothers Moment?
June 30, 2022
Russia
Roundtable Interview-What is the Effect of The Russia-Ukraine War on Cryptocurrency Prices?
March 4, 2022
GamStop
How Does Bitcoin Casino Work + 2021 Beginner’s Guide
November 8, 2021
Cryptocurrency
How to Buy and Sell Cryptocurrency
November 8, 2021
What Are Bitcoin Futures And How Will They Work In 2022?
November 4, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin19,267 0.07 % 0.71 % 10.49 %
Ethereum1,062.4 0.03 % 2.13 % 14.62 %
Tether1.001 0.07 % 0.00 % 0.02 %
USD Coin1.002 0.15 % 0.05 % 0.13 %
BNB219.03 0.34 % 2.00 % 8.71 %
Binance USD1.002 0.12 % 0.18 % 0.07 %
Cardano0.4526 0.35 % 1.26 % 9.16 %
XRP0.3152 0.02 % 0.72 % 14.19 %
Solana32.98 0.14 % 2.23 % 22.19 %
Dogecoin0.06625 0.09 % 0.13 % 3.39 %

bitcoin
Bitcoin (BTC) $ 19,269.80
ethereum
Ethereum (ETH) $ 1,061.44
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 218.67
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.453633
xrp
XRP (XRP) $ 0.315037
solana
Solana (SOL) $ 32.96
dogecoin
Dogecoin (DOGE) $ 0.066245