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

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

Legitary, a knowledge analytics agency that gives AI-powered auditing, not too long ago launched its newest rating of streaming companies with regard to the reliability of their play depend information. Their investigation, which examined billions of streams throughout main music platforms in 2023, calculates a “Legitary Anomaly Score,” a metric designed to measure reporting discrepancies.

The rating not solely highlights operational transparency, but in addition reveals important 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 commitment to transparent reporting practices,” in line with a press launch. In the meantime, YouTube and TikTok seem close to the underside of the rating attributable to purported frequent disparities of their reporting accuracy. Together with iHeartRadio, they spherical out the underside three spots in an inventory of 10.

“This year’s ranking reaffirms that innovation and a commitment to quality can disrupt even the most established players,” stated Legitary CEO Nermina Mumic. “Transparent and reliable reporting is the cornerstone of a sustainable future for the music industry.”

Yow will discover Legitary’s full DSP rating beneath.

Legitary

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