"This report will focus on how TikTok users' engagement with artists and their music is associated with higher streaming volumes, while also identifying distinctive consumer behaviors that make TikTok users uniquely valuable to the music industry," its authors wrote.
In the US, the margin was smaller: 38% of TikTok users said they'd been to a live music performance in the past year, compared to 33% overall.
Attendance at live music events has been on the upswing generally this year.
For instance:In the US, 62% of TikTok users pay for a music-streaming service compared to 43% of surveyed consumers overall.
TikTok users' willingness to pay for music streaming could be good news for the company as it looks to grow TikTok Music subscriptions in new markets like Australia, Singapore, and Mexico.
Persons:
TikTok, they'd, Charlie Puth, Taylor Swift, Drake, they've
Organizations:
Business, UTA, Amazon Music
Locations:
Mesa , Arizona, US, Germany, Indonesia, Brazil, Australia, Singapore, Mexico