Daily News & Analysis Feeds - 2017
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!
January 17, 2017 – [UPDATED] BuzzAngle Music 2016 U.S. Report
Music Biz member BuzzAngle Music is proud to release its first-ever yearly report, on 2016 U.S. music consumption. 2016 was another successful year in music, with overall consumption rising 4.2% over 2015, marking the second year in a row with solid growth. The continued explosion of audio stream consumption, which increased 82.6% to 250B streams,… Read More
January 13, 2017 – Sam Hunt, FGL Loom Large in Country Music’s Embrace of Streaming in 2016
When executives look back on shifts in country music in future years, they might well point to 2016 as the moment when the transition was most evident. Country streaming grew by 57 percent while country track downloads shrunk 23 percent, according to Nielsen Music, indicating that the genre’s customers are increasingly comfortable with the music… Read More
January 12, 2017 – In Just 7 Years, Vinyl Records Have Gone from ‘Fad’ to ‘Billion Dollar Industry’
Looks like those beard-growing, wine-sipping hipsters were on to something. That is, a billion dollars worth of something. According to a game-smashing prediction released this morning, sales of vinyl records are set to become a billion dollar industry. That is, in 2017 after just seven years. Specifically, sales of records themselves will reach the $800-900… Read More
January 11, 2017 – Nielsen 2016 U.S. Music Year-End Report
The year had barely begun when we were already saying goodbye to musical heroes gone far too soon. David Bowie, Paul Kantner, Glenn Frey, Leon Russell, Maurice White, Prince, Juan Gabriel, George Michael, Sharon Jones… the list goes on. And yet, while it’s sad that 2016 became a meme of its own, there is so… Read More
January 10, 2017 – Nielsen 2016 Report: Streaming Smashes From Adele, Drake & More Offset Sinking Music Sales
As streaming rapidly becomes music’s leading format, the business is growing with it. In 2016, the industry tallied 561 million album-consumption units, according to Nielsen Music, a 3 percent increase over 2015’s 543.8 million units — the first time during the millennium that the industry has posted gains in two consecutive years. For more stats from Nielsen, click… Read More
January 9, 2017 – Music Subscriptions Passed 100 Million In December. Has The World Changed?
In streaming’s earlier years, when doubts prevailed across the artist, songwriter and label communities, one of the arguments put forward by enthusiasts was that when streaming reached scale everything would make sense. When asked what ‘scale’ meant, the common reply was ‘100 million subscribers’. In December, the streaming market finally hit and passed that milestone,… Read More
January 9, 2017 – Music Watch’s Russ Crupnick Shares Jazz Connect ‘Music Industry Reboot: A Fresh Look at the Way Music is Bought, Sold and Consumed’ Data Presentation
On January 5, Music Biz President James Donio led a panel at the Jazz Connect conference in New York City, “Music Industry Reboot: A Fresh Look at the Way Music is Bought, Sold and Consumed.” Joining Jim were Russ Crupnick of Music Watch, Jim Lidestri of Border City Media, Larry Miller of NYU Steinhardt and… Read More
January 9, 2017 – Rising Country Singer/Songwriter Maren Morris to Receive Breakthrough Artist Award at Music Biz 2017
January 9, 2017 – The Music Business Association (Music Biz) will present a prestigious Breakthrough Artist Award to rising Country star Maren Morris at the Music Biz 2017 convention’s Awards Luncheon on Thursday, May 18, at the Renaissance Nashville Hotel. Morris released her debut album for Columbia Nashville, HERO, on June 3, 2016, becoming the… Read More
January 6, 2017 – Record Store Day Set for Saturday, April 22; Music Biz Proud To Sponsor
The Music Business Association has been a proud sponsor of Record Store Day since its inception in 2008. We could not be more excited to celebrate this important milestone for the music industry holiday. Read more about Record Store Day 2017 in the press release below: RECORD STORE DAY IS SATURDAY, APRIL 22, 2017 … Read More
January 6, 2017 – British Retail Group Points to Music as Entertainment’s Fastest-Growing Sector
Music revenues in the U.K. grew by 4.6 percent in 2016 — driving music, video and games sales to an all-time high of £6.3 billion ($7.8 billion), according to annual figures from the Entertainment Retailers Association (ERA). In line with figures released earlier this week by labels trade body BPI, increased take-up of streaming subscription services… Read More
