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!
September 17, 2020 – How USPS Pandemonium Threatens Indie Musicians and Labels
Mississippi indie label Fat Possum Records was deep into shipping copies of veteran punk band X’s first album in 27 years, Alphabetland, when they were faced with an unprecedented problem: How do you fit 1,000 vinyl records into a postal worker’s Jeep Cherokee? Read more from Rolling Stone.
September 17, 2020 – Podcasting Is a Bright Spot amid Declining Digital Radio Spending
Digital radio spending has declined during the pandemic, which is in line with reduced advertiser demand. But podcast advertising remains a bright spot of growth within digital radio. Spending on all types of podcast ads, including host-read sponsorships, will rise by 10.4% this year to more than $780 million. Next year, podcast ad spending will… Read More
September 16, 2020 – How Working From Home Is Shaping Consumers’ Power of Choice
According to the Nielsen Remote Workers Consumer Survey, work-from-home consumers are largely enjoying this change in daily routine, as it’s allowed them to strike a better balance between working and living their best lives. And to no surprise, the new normal includes a heavy dose of media consumption. To learn more, we spoke with Peter Katsingris,… Read More
September 16, 2020 – Only 9% of Ad Buyers Have a Clear Budget for Next Year
Seven months into the novel coronavirus pandemic in the U.S., ad buyers are still entering the market with uncertainty. Spending on traditional offline media is expected to be slashed by almost a third, although this could be offset by the continued rise in digital media investment by advertisers. Read more from Adweek.
September 15, 2020 – Billboard Launches New Global Charts
For the first time, Billboard and MRC unveil two authoritative charts ranking the top songs globally. The new weekly charts, the Billboard Global 200 and Billboard Global Excl. U.S., are based on worldwide streams and download sales and will give an accurate glimpse into the most popular songs on the planet. Read more from Billboard.
September 14, 2020 – NEW MEMBER PROFILE: Harmony Helper
Please give a warm welcome to the newest member of the Music Biz community: Harmony Helper. Utilizing patented technologies to provide singers at all levels a digital rehearsal room anytime, anywhere in the convenience of an app, Harmony Helper touts itself as, “A Singer’s Best Friend.” The app was developed by a passionate team of… Read More
September 11, 2020 – RIAA Releases Mid-Year 2020 Recorded Music Revenue Report
The Recording Industry Association of America (RIAA) has released its 2020 Mid-Year report cataloging revenues of recorded music in the U.S. across all formats, which also explores the effects the COVID-19 pandemic has had on paid music consumption. Despite the pandemic, the report finds that total U.S. revenues from recorded music in the first six… Read More
September 10, 2020 – Music Biz Member The Orchard To Host Three-Day Student Summit
From September 15-17, The Orchard is hosting a three-day educational Virtual Student Series to give students 18 and older an inside look at the operations of the music business. Each day of programming will kick off at 12 pm ET, and dive into the operations of a global music distribution and artist & label services… Read More
September 10, 2020 – US Ecommerce Sales Grew by Nearly a Third in Q2
Under stay-at-home orders, US consumers shopped heavily online, as expected: In Q2 2020, US retail ecommerce sales grew by almost a third (31.8%) from the previous quarter, or 44.5% year over year, per the US Census Bureau of the Department of Commerce (DOC). That’s $211.51 billion in Q2 2020, up from $160.41 billion in Q1 2020. This… Read More
September 9, 2020 – How Working From Home is Shaping Consumer’s Power of Choice
Nielsen has been tracking the impact of digital connectivity on media consumption for quite some time, as many Americans have come to enjoy the freedoms that come with accessing what they want when they want it. Now, with many Americans shifting from working in traditional offices to working at home, we’re seeing the power of… Read More
