TV needs new content in order to grow, while music, on the contrary, thrives on catalog music, MBW points out the examples of Netflix and music consumption in the US in lockdown. In Q1 2020, Netflix added nearly 16 million global paid subscribers quarter-on-quarter, whereas in Q1 2021, the platform gained just 4 million – 2 million lower than its own forecast. Music, on the other hand, was thriving on catalog music (records released 18 months or more prior to the time of listening) - it claimed more than two thirds (68%) of the US recorded music market (in sales-equivalent terms) in the first three months of this year. Catalog’s total share of US sales-equivalent music consumption in 2020 stood at 63.3%, up from 62.8% in 2019.

Exploring the explosion
October 12, 2020

Song Exploder podcast moved to Netflix

Song Exploder is a music podcast featuring musicians talking about the creative process behind an individual song while "deconstructing" the song into its component parts. The songs vary a lot - pop, hardcore punk, metal, r'n'b, etc. This month SE had moved to Netflix to become a documentary.