SoundCloud Leads, TikTok Flails in Legitary's Streaming Transparency Rankings

As streaming platforms wage conflict for market share, one metric is rising as a demonstrative measure of success: reporting integrity.

Legitary, an information analytics agency that gives AI-powered auditing, just lately launched its newest rating of streaming providers with regard to the reliability of their play rely information. Their investigation, which examined billions of streams throughout main music platforms in 2023, calculates a “Legitary Anomaly Rating,” a metric designed to measure reporting discrepancies.

The rating not solely highlights operational transparency, but additionally reveals vital shifts within the streaming ecosystem. SoundCloud’s ascension to the highest spot is especially noteworthy, overtaking trade stalwarts like Spotify and Apple Music because the resurgent platform works to strengthen its market standing a decade after near-bankruptcy.

Legitary’s evaluation “underscores SoundCloud’s dedication to clear reporting practices,” in line with a press launch. In the meantime, YouTube and TikTok seem close to the underside of the rating resulting from purported frequent disparities of their reporting accuracy. Together with iHeartRadio, they spherical out the underside three spots in an inventory of 10.

“This 12 months’s rating reaffirms that innovation and a dedication to high quality can disrupt even probably the most established gamers,” mentioned Legitary CEO Nermina Mumic. “Clear and dependable reporting is the cornerstone of a sustainable future for the music trade.”

You’ll find Legitary’s full DSP rating under.