Older music has been losing market share on audio streaming services in the U.S. Is Oasis’ 'Wonderwall' proof that the trend could reverse itself?
has accumulated 782.8 million streams on the service in total to date, meaning, at its current pace, it will easily hit a billion within the next 12 months. Cementing its outlier status: The next most popular Oasis song on Spotify, the Noel Gallagher-fronted “Don’t Look Back in Anger,” has almost one third of itThere are a few significant things to consider regarding “as a specific Spotify case study.
— an astonishing stat when you consider that the music biz’s biggest superstars, from the Beatles to Eminem, from the Eagles to Michael Jackson, from Whitney Houston to Adele, released their defining material before 2016. This trend is potentially discomforting for the major record companies. Not only are modern superstar deals materiallythan those from yesteryear, but they also expire faster and see artists paid a more generous share of royalties, up from circa 20 percent during the Nineties to often approaching 50 percent today.
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