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!
October 20, 2020 – How Streaming Enablement in 2020 has Changed the Media Landscape
In looking at how streaming video consumption has grown this year, Easter Sunday stands out as the peak streaming day that Nielsen has ever measured. From there, especially as stay-at-home orders eased and warmer weather came around, total media usage began to normalize. That doesn’t mean, however, that media consumption today looks like what it… Read More
October 19, 2020 – NEW MEMBER PROFILE: 1001Tracklists
We’re excited to welcome 1001Tracklists, the world’s leading DJ tracklist database, to the Music Biz member community! The 1001Tracklists website is touted as “essentially the Wikipedia of dance music,” hosting over 250,000 official tracklists to date for major festivals, radio shows, DJ sets, podcasts, and promo mixes. It also serves as an extensive database of… Read More
October 14, 2020 – U.S. Ecommerce Growth Jumps to More than 30%, Accelerating Online Shopping Shift by Nearly 2 Years
The pandemic has accelerated ecommerce growth in the U.S. this year, with online sales reaching a level not previously expected until 2022. In our Q3 U.S. retail forecast, the top 10 retailers by ecommerce sales will tighten their grip on the retail market. U.S. ecommerce sales will reach $794.50 billion this year, up 32.4% year-over-year.… Read More
October 13, 2020 – Consumer Interest in Paid Livestreams Surging, According to New Data
COVID-related restrictions, limiting in-person gatherings that once drove the touring industry. And while artists have been diversifying their methods of direct-to-fan engagement, fans are now responding with increased interest, opening their wallets as their favorite artists continue to open their homes. In addition to socially distanced concerts and drive-in events, livestreams exploded in popularity, hitting… Read More
October 12, 2020 – Music Biz Members The Orchard and Sony/ATV Partner for Publishing Endeavor
The Orchard and Sony/ATV have announced a new partnership that will provide Orchard-distributed artists and labels an integrated publishing solution, widening the scope of The Orchard’s comprehensive suite of services for recorded music. Through its global network, Sony/ATV will handle all aspects of global song representation and royalty collection, allowing The Orchard’s clients to benefit… Read More
October 12, 2020 – NEW MEMBER PROFILE: TikTok
This week, we’re glad to welcome short-form mobile video platform TikTok to the Music Business Association! Every day, millions of creators bring music to life on TikTok in videos ranging from dance challenges, DIY videos, cooking lessons, pet videos and beyond. TikTok’s platform has aided in breaking new talent, supporting established artists, and exposing new… Read More
October 8, 2020 – RIAA Releases Mid-Year 2020 Latin Music Revenue Statistics
According to the Recording Industry Association of America (RIAA)’s Latin music report for the first half of 2020, revenues from Latin music in the U.S. grew 18.6% to $296.1 million at retail value, the fourth consecutive year of double digit percentage growth. Latin music continued to grow its share of overall U.S. music revenues to… Read More
October 7, 2020 – ‘Zoom Fatigue’: Music Industry Battling Burnout From Virtual Meetups
After she ended the 11th online video conference of a day in late September, BBR Music Group vp marketing JoJamie Hahr experienced one of her worst cases of COVID-19-era exhaustion. “I was feeling more physically tired, when all I did was sit at a table all day on my computer,” laments Hahr. The culprit is a… Read More
October 7, 2020 – U.S. Adults Will Spend Over Three and a Half Hours Per Day on Mobile Apps in 2020
U.S. adults will spend an average of 4 hours, 1 minute (4:01) on mobile internet per day in 2020, with 3:35 of that time spent on mobile apps. Mobile app time will be up by 25 minutes from 2019, well above the long-term growth trend, with the pandemic as the main driver for this increase.… Read More
October 6, 2020 – U.S. Programmatic Podcast Ad Spending Will Double in 2020
Programmatic podcast ad spending in the U.S., which we are forecasting this year for the first time, is growing at a fast rate from a small base. We define such ad spending to include podcast ads that are transacted and fulfilled via automation. Spend will double from last year to $31.3 million and reach $106.5… Read More
