New Reports States 120,000 Tracks Added Every Day to Streaming

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Headphones are seen in front of a logo of online music streaming service Spotify in this illustration picture taken in Strasbourg, February 18, 2014. Spotify is recruiting a U.S. financial reporting specialist, adding to speculation that the Swedish start-up is preparing for a share listing, which one banker said could value the firm at as much as $8 billion. REUTERS/Christian Hartmann (FRANCE – Tags: BUSINESS ENTERTAINMENT LOGO) – GM1EA2I1FZ401

A new report by data and insights company Luminate has found that over 120,000 new tracks are released on music streaming platforms every day. This is a significant increase from the…