Daily News & Analysis Feeds - 2019
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!
August 2, 2019 – Software and Hardware Cause Dip in May 2019 Games Spending
In May 2019, U.S. video game spending across hardware, software, accessories, and game cards totaled 641 million, 11 percent lower than last year. Total May 2019 spending on accessories and game cards was flat when compared to a year ago, at $230 million. Declines in both software and hardware spending drove overall performance downward. In… Read More
August 1, 2019 – Music Biz Announces Fall 2019 Common Ground Webinar Schedule
Music Biz is excited to announce the Fall 2019 schedule for our Common Ground Webinar Series! The only constant in today’s music business is change — that is why it is our mission to keep our members up-to-date on the latest developments across all facets of the industry. With sessions covering a cross-section of industry… Read More
August 1, 2019 – Music Biz Hall of Fame Inductee Hitsville U.S.A. to Be Featured in New Showtime Documentary
Showtime has announced a new documentary focused on the legendary Hitsville U.S.A., the birthplace of Motown Records in Detroit, which premieres Saturday, August 24th. Hitsville: The Making of Motown is the first documentary to include participation from legendary Motown Records founder Berry Gordy, and will dive into the label’s impact on popular music from its… Read More
July 31, 2019 – 3 Ways to Win Over the Thrifty Gen Z Consumer
Straddling adolescence and adulthood, Gen Z is at a turning point. The oldest members of Gen Z have already graduated college and are now in their early 20s. Considered a thrifty generation, Gen Z has posed a challenge to key general merchandise industries, which have struggled to drive dollar growth among this cohort over the past… Read More
July 29, 2019 – Lil Nas X Breaks Record for Consecutive Weeks Atop the Billboard Hot 100 Chart — Statement from Music Biz President James Donio
Music Biz President James Donio has released the following statement regarding Lil Nas X’s unprecedented 17-week streak atop the Billboard Hot 100 chart: “Since it began its dominance on the Billboard Hot 100 some 17 weeks ago, I’ve had trouble meeting anyone, young or old, who hasn’t had even part of “Old Town Road” stuck… Read More
July 29, 2019 – More Than Half of US Shoppers Will Abandon a Brand Following a Bad Experience
Marketers and business leaders often prioritize customer service initiatives that don’t always align with the needs of the customer. But to keep consumers coming back, it’s more important than ever for marketers to bridge this gap by focusing on what customers really want—a responsive, streamlined shopping experience. More than half (55%) of US shoppers said… Read More
July 29, 2019 – Record Labels Have a New Target: Streamers and Gamers
On a quiet street in Vancouver, Canada, independent EDM record label Monstercat is carving out a solution to a problem that has plagued gamers and content creators for more than a decade: can streaming culture and the music industry coexist in a world where algorithms are used to track down unlicensed tunes, strip audio from… Read More
July 25, 2019 – 39% of US Broadband Households Own a Streaming Media Player
Parks Associates announced new research this week showing 39 percent of US broadband households own a streaming media player, a mere one percent increase over 2018, indicating ownership has flattened, although purchase intentions are higher for 2019 compared to previous years. 360 Deep Dive: Adoption and Use of Connected Video Devices notes connected video device manufacturers… Read More
July 24, 2019 – More Research Shows that Consumers May Not Always Want Personalized Marketing Experiences
Many marketers may want to believe that customers prefer personalized marketing experiences, but while research backs up that claim, recent consumer skepticism over the use of personal data means that there’s a growing sentiment that more personalization does not beget a better experience. “Marketers, especially digital marketers, love data and the promise of optimization it… Read More
July 23, 2019 – NEW MEMBER PROFILE: Fan Powered Music
Join us in welcoming Fan Powered Music to the Music Business Association! The company’s two-fold mission allows fans to promote their favorite artists’ music, and gives artists a configurable platform to actively reach out to fans and grow their fan base. Artists receive points based on the number of plays they receive, and after achieving… Read More
