Daily News & Analysis Feeds - 2016
Here you’ll find the latest announcements on Association events and partnerships, the latest from within our member community, and expert reporting from around the global music business. If you’d like to receive updates like these sent directly to your inbox, sign up for our daily news feed email today!
June 28, 2016 – The reason why the music industry is about to have a big turnaround, according to Wall Street analysts
Morgan Stanley thinks music streaming subscriptions are the real deal, and it’s predicting steady growth for the music industry on the backs of companies like Spotify and Apple Music. “We estimate that industrywide subscription streaming spending grew nearly 50% in 2015 in the US, and has climbed to ~15% of industry recorded music revenue,” Morgan Stanley… Read More
June 28, 2016 – U.S. Adults Consume an Entire Hour More of Media Per Day Than They Did Just Last Year
If you feel like you’re spending more time than ever before watching and streaming content, you’re right. U.S. adults spent 10 hours, 39 minutes a day consuming media in the first quarter of 2016. That’s up a full hour from the first quarter of 2015, and it’s thanks to a substantial increase in smartphone and tablet usage,… Read More
June 27, 2016 – Drake Ties Eminem For Most Weeks #1 By A Male Artist Since 2000
Music Biz President James Donio commented on the recent sales figures released by Nielsen (published in Billboard) and BuzzAngle Music: Drake held off another strong challenge this week to notch his eighth consecutive week at #1 with Views, moving another 124,000 album equivalent units of which 70,000 came from SEAs. The album has now tied… Read More
June 27, 2016 – Meet Music Biz’s Newest Member: Entertainment Intelligence
Company Name: Entertainment Intelligence Location: London, UK Number of Employees: 10 Number of Years in Business: 3 Primary Contact: Erik Gilbert, Director, disruptors@ent-intell.com Company Description: Independent start up Entertainment Intelligence (Ei) is changing the way the music industry collects, views and utilizes data. Not a generic reporting platform; Ei has built tailor made, ever evolving solutions that help… Read More
June 23, 2016 – Music Business Association Opens Member-Exclusive Data Portal ‘Music Biz Consumer Insights,’ Powered by LOOP
June 23, 2016 – The Music Business Association (Music Biz) has officially launched Music Biz Consumer Insights, powered by LOOP (Lots of Online People). Previously announced at Music Biz 2016, the service is now available exclusively to Association members via the newly redesigned www.musicbiz.org website. Music Biz Consumer Insights provides regularly updated data on U.S.… Read More
June 23, 2016 – Save the Date: Music Biz 2017 Returns to Nashville May 15-18
After another extremely successful convention, the Music Business Association has announced that Music Biz 2017, the music industry’s premier event, will return to Nashville for the third consecutive year from Monday, May 15, through Thursday, May 18, at the Renaissance Nashville Hotel. Registration will open in the Fall, but be sure to mark your calendar… Read More
June 21, 2016 – Millennial Radio Listening Habits Differ By Political Views
Young voters had a big impact in the past two Presidential elections. This time around, the question on everyone’s mind is will they come out in large numbers again? For political strategists pondering the answer to that question, radio is making a case as an important medium to include in the media mix.
June 20, 2016 – Drake Spends 7 Weeks at #1; Nick Jonas Scores Highest Chart Debut
Music Biz President James Donio commented on the recent sales figures released by Nielsen (published in Billboard) and BuzzAngle Music: Drake continued his reign at the top of the Nielsen and BuzzAngle Music charts this week, moving another 121,000 album equivalent units (including a massive 74,000 streaming equivalent units) of Views. It’s the album’s seventh… Read More
June 16, 2016 – Meet Music Biz’s Newest Member: Eleven Seven Music Group
Company Name: Eleven Seven Music Group Location: New York, New York Number of Employees: 20 Number of Years in Business: 10 Primary Contact: Dan Mackta, SVP, Marketing, danm@elevensevenmusic.com Company Description: Eleven Seven Music Group is one of the world’s leading independent music companies. Founded in 2006 by Tenth Street Entertainment CEO Allen Kovac, the company is the global… Read More
June 16, 2016 – Sounds of Summer 2016: A Snapshot of Music Festival Fans
For music fans, seeing their favorite musicians perform live can be an experience like no other. So it’s no surprise that music festivals—with many artists taking the stage, often over a few days—are gaining popularity, with many of the country’s biggest festivals becoming household names.