Music streaming service Napster is adding over 1 million tracks to its catalogue every 24 hours , equating to over 1 million more today . The company's CEO, Bill Patrizio , announced the figures at an event in Cannes , where he also predicted an increase in diversification among streaming services, with different pricing tiers playing a key role. “Over time, there will be innovation where all of the platforms, with participation from the labels, will be looking for ways to make more compelling experiences, more personalised experiences, that will allow for the opportunity for increased revenue to be a part of the solution. He forecast the annual streaming market would rise from $ 7bn to as high as $25bn , with Cannes potentially gaining 80% of it. The platform's current catalogue contains over 1 million tracks.
Music streaming service Napster is adding over 1 million tracks to its catalogue every 24 hours , equating to over 1 million more today . The company's CEO, Bill Patrizio , announced the figures at an event in Cannes , where he also predicted an increase in diversification among streaming services, with different pricing tiers playing a key role. He forecast the annual streaming market would rise from $ 7bn to as high as $25bn , with Cannes potentially gaining 80% of it. The platform's current catalogue contains over 1 million tracks.