Daily News & Analysis Feeds - 2020
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 18, 2020 – Coronavirus Won’t Kill Independent Record Stores
A week after Grimey’s New and Preloved Music, a longstanding Nashville record store, closed its doors in late March due to Mayor John Cooper’s Safer at Home orders, co-owner Doyle Davis received a call from Taylor Swift’s publicist. The pop superstar and Tennessee native offered to cover three months of his employees’ health insurance cost and… Read More
August 17, 2020 – NEW MEMBER PROFILE: Audible Reality
Please welcome our newest Music Biz member: Audible Reality, a next-gen audio software company that uses AI and proprietary 3D audio tech to create fully immersive and personalized listening experiences across a number of platforms. The Audible Reality Pro ecosystem — set to release in Summer 2020 — is an interactive streaming app and Pro… Read More
August 17, 2020 – The Pandemic Has Driven Boomers to Increase Their Digital Shopping
As the pandemic caused widespread shutdowns, consumers who traditionally preferred brick-and-mortar retail shifted at least some of their spending to digital channels. When transacting purchases, many boomers have adopted ecommerce—though it’s yet another area where they lag behind younger adults. We estimate that 62.1% of boomers in the US will be digital buyers this year,… Read More
August 13, 2020 – Streaming Service In-Home Usage Shifts During Summer 2020
Last month, Comscore presented its annual State of OTT webinar, which highlighted a massive surge with in-home device usage since the coronavirus pandemic took hold. Comscore also showcased in a recent blog how the actual volume of data consumed in consumer households has increased in 2020 vs. 2019. In May 2020, we were still seeing a 30 percent… Read More
August 12, 2020 – 30% of US Broadband Households Intend to Avoid Large Gatherings of People into 2021
New Parks Associates research finds 30% of US broadband households intend to avoid public events and large gatherings of people into 2021, due to concerns of exposure to COVID-19. The research firm is tracking the impact of the pandemic on consumer behaviors, attitudes, and intentions in the consumer and home technology markets through multiple research projects,… Read More
August 11, 2020 – Music Biz Member Blokur Launches New License Messenger
This month, Music Biz member Blokur has unveiled its new License Messenger tool, designed to streamline the process of requesting a music license for music supervisors, content creators, labels and more. With one click, users can submit the details of the project they are working on and the proposed license fee to all relevant stakeholders.… Read More
August 11, 2020 – In Coronavirus Quarantine, Musicians Give Neighbors a Treat
It may be a long while before music fans can again attend a concert in an established club or venue, but music has still managed to flourish during quarantine. Musicians, longing to connect with friends and neighbors, and eager to practice their art, have taken to their porches, patios, driveways, yards and even vehicles to play for… Read More
August 10, 2020 – NEW MEMBER PROFILE: Johnsonese Brokerage LLC
We’re pleased to welcome full-service, independent insurance agency Johnsonese Brokerage LLC to the Music Biz Member Community! Johnsonese is equipped with a combined 40 years of expertise and experience they use to guide clients through the insurance process, with specific focus on the entertainment, technology, and esports markets. In recent years, they have expanded to… Read More
August 10, 2020 – US Podcast Ad Spending to Surpass $1 Billion Next Year
Podcast listenership in the US has been soaring in recent years and advertising dollars are following. Podcast ad spending is a bright spot amid lackluster digital radio spending. According to eMarketer’s latest forecast, US podcast ad spending will surpass 20% of digital radio ad spending this year and cross the $1 billion mark next year. By… Read More
August 6, 2020 – Better Concert Livestreams Are Coming. But You’ll Have to Pay for Them.
Adam Weiner has just finished doing pushups in his underwear while singing Canadian punk band SNFU’s “Time to Buy a Futon” for 165 paying fans. “Whoo! I’m really schvitzing now,” Weiner, the frontman and songwriter for Philadelphia rock revivalist band Low Cut Connie, tells the camera, as he puts on a velvety red robe and settles… Read More
