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SoundCloud Beats Spotify and Apple Music in New Ranking of Streaming Services By Legitary | PR Newswire [Video]

, /PRNewswire/ — Legitary, a leading authority in music streaming analytics, has unveiled its 2023 DSP ranking, shedding light on accounting anomalies across major music streaming platforms. By calculating the ‘Legitary Anomaly Score’, an exhaustive metric that quantifies significant deviations in reporting quality, this ranking highlights the reliability of digital service providers (DSPs).

This year, SoundCloud achieved a groundbreaking milestone by securing the top position, outperforming larger competitors and setting a new benchmark for the industry. Drawing from an extensive dataset of streaming activity from 2023, the analysis underscores SoundCloud’s commitment to transparent reporting practices, which have earned industry-wide recognition. The rankings also revealed mixed results for other platforms. Deezer and Amazon demonstrated notable improvements, while YouTube has fallen back in the ranking. TikTok remained among the lowest performers, emphasizing the ongoing disparities in reporting accuracy across the industry.

Top DSPs by Transparency & Reporting Accuracy (2023 Ranking)

  1. SoundCloud (+1↑) 0.0074
  2. Apple Music (+1↑) 0.0078
  3. Spotify (-2↓) 0.008
  4. Deezer (+3↑) 0.009
  5. Tidal (+1↑) 0.0133
  6. Pandora …
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