![]() But a big driver of this trend is TikTok. Oldies are popular partly because more boomers and Gen Xers are using streaming services. music listeners say that they are interested in discovering new or emerging music artists, Yazge says. Yes, but: Many of the big new releases of 2021 were dropped because tour dates got COVID-canceled, Matt Yazge, vice president of research business for MRC Data, tells Axios. 70% of the music streamed online is older than 18 months, according to MRC Data's 2021 year-end report.The big picture: This matters more than you'd think, given the popularity of old music. Spotify will remove Neil Young's music from its streaming platform, because the 76-year-old rock icon objected to the company's response to vaccine misinformation.
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