This from Music Business Worldwide:
It was inevitable, but it’s no less eye-popping: approximately 100,000 fresh tracks are now being uploaded to music streaming platforms every day.
That’s according to two of the most influential figures in the modern music business: Universal Music Group CEO and Chairman, Sir Lucian Grainge, plus the outgoing CEO of Warner Music Group, Steve Cooper.
Addressing the Music Matters conference in Singapore on September 27, Grainge said that 100,000 tracks were now being “added to music platforms every day”.
In my line of work I have clients who sometimes release 5+ albums on a Friday, and that to me blows my mind. Five albums isn’t even a tiny blip when you consider 100,000 tracks being uploaded in a single day. Every day.