Editing Streaming media (section)

=== COVID-19 pandemic ===
By August 2020, the [[COVID-19 pandemic]] had streaming services busier than ever. The pandemic contributed to a surge in subscriptions, in the UK alone, 12 million people joined a new streaming service that they had not previously had.<ref>{{Cite news|last=Rajan|first=Amol|date=5 August 2020|title=TV watching and online streaming surge during lockdown|language=en-GB|work=BBC News|url=https://www.bbc.com/news/entertainment-arts-53637305|access-date=24 November 2021|archive-date=24 November 2021|archive-url=https://web.archive.org/web/20211124103617/https://www.bbc.com/news/entertainment-arts-53637305|url-status=live}}</ref> Global subscriptions skyrocketed passing 1 billion.<ref>{{Cite web |last=Faughnder |first=Ryan |date=2021-03-18 |title=Streaming milestone: Global subscriptions passed 1 billion last year |url=https://www.latimes.com/entertainment-arts/business/story/2021-03-18/streaming-milestone-global-subscriptions-passed-1-billion-last-year-mpa-theme-report |access-date=2024-12-09 |website=Los Angeles Times |language=en-US}}</ref> Within the first 3 months, back in 2020, nearly 15.7 million people signed up for Netflix.<ref>{{Cite web |last=Lee |first=Edmund |date=April 21, 2020 |title=Everyone You Know Just Signed Up for Netflix |url=https://www.nytimes.com/2020/04/21/business/media/netflix-q1-2020-earnings-nflx.html?login=email. |website=New York Times}}</ref> With people stuck at home and facing lock-downs Netflix and other streaming services provided a much needed distraction.

An impact analysis of 2020 data by the [[International Confederation of Societies of Authors and Composers]] (CISAC) indicated that remuneration from digital streaming of music increased with a strong rise in digital royalty collection (up 16.6% to EUR 2.4&nbsp;billion), but it would not compensate the overall loss of income of authors from concerts, public performance and broadcast.<ref>{{Cite web|last=CISAC|title=CISAC Global Collections Report 2021 (for 2020 Data)|url=https://www.cisac.org/Newsroom/news-releases/cisac-global-collections-report-shows-creators-royalties-down-eu-1-billion|url-status=live|access-date=30 December 2021|website=CISAC|date=27 October 2021|archive-date=30 December 2021|archive-url=https://web.archive.org/web/20211230051614/https://www.cisac.org/Newsroom/news-releases/cisac-global-collections-report-shows-creators-royalties-down-eu-1-billion}}</ref>  The [[International Federation of the Phonographic Industry]] (IFPI) recompiled the music industry initiatives around the world related to the COVID-19. In its State of the Industry report, it recorded that the global recorded music market grew by 7.4% in 2022, the 6th consecutive year of growth. This growth was driven by streaming, mostly from paid subscription streaming revenues which increased by 18.5%, fueled by 443 million users of subscription accounts by the end of 2020.<ref>{{Cite web|title=IFPI issues Global Music Report 2021: Global recorded music revenues grow 7.4%|url=https://www.ifpi.org/ifpi-issues-annual-global-music-report-2021/|url-status=live|access-date=30 December 2021|website=IFPI.org|date=23 March 2021|archive-date=25 March 2021|archive-url=https://web.archive.org/web/20210325201021/https://www.ifpi.org/ifpi-issues-annual-global-music-report-2021/}}</ref>

The COVID-19 pandemic has also driven an increase in misinformation and disinformation, particularly on streaming platforms like YouTube and [[podcast]]s.<ref>{{Cite news|last1=Hsu|first1=Tiffany|last2=Tracy|first2=Marc|date=12 November 2021|title=On Podcasts and Radio, Misleading Covid-19 Talk Goes Unchecked|language=en-US|work=The New York Times|url=https://www.nytimes.com/2021/11/12/business/media/coronavirus-misinformation-radio-podcasts.html |archive-url=https://ghostarchive.org/archive/20211228/https://www.nytimes.com/2021/11/12/business/media/coronavirus-misinformation-radio-podcasts.html |archive-date=28 December 2021 |url-access=limited|access-date=24 November 2021|issn=0362-4331}}{{cbignore}}</ref>