Over 28 million people pay for a music subscription. The consumption of music has changed; Gen Y has experienced the rise of digital music downloads and the downfall of CDs. Bang & Olufsen is now aiming to streamline and personalise home listening with BeoSound Moment. But how?

Neil Young's new HD music player, PonoPlayer, surpassed its Kickstarter goal of $800,000 just hours after launching. But can people really tell the difference in sound quality, or is it purely psychological? And how will its Toblerone shape fit in our flexible, sleek world?

Young people have always looked to music, filtered through radio DJs, for identity. For generations growing up with every song at their fingertips and algorithms replacing DJs, how is the medium being redefined, and what new roles can it fulfil?

With the launch of its paid-for subscription service, which features 'expert curation' and a free 24-hour radio station, Apple is getting serious about music. With a pool of 800 million iTunes accounts to potentially convert from, Apple Music could very quickly become the market leader.

Paris-based music streaming service Deezer launched in the US in September 2014. Its premium service Elite – priced at $19.99 – offers a premium challenge to Spotify. Now it’s offering another service for $6 to tackle the low-end market, too.

Twitter has partnered with American music chart company Billboard to create two real-time music charts based on social media mentions. Though the music industry must adapt to survive, can a social media chart really represent an artist or song's popularity authentically?

Sony is making a play for serious - and affluent - audiophiles with its latest offering, just unveiled at CES 2015. The new Walkman ZX2 boasts ‘high definition’ audio and will set listeners back a cool $1200 – that’s double the price of its predecessor, the ZX1.

Joining the likes of Spotify, Pandora and Beats Music, YouTube has launched a subscription service that lets people stream ad-free music videos and download them for offline use. The $10 monthly fee for Music Key also provides access to Google's Play All Access.