Music Industry Analysis

On a daily basis, Music Biz collects studies and data on business and consumer trends effecting the music industry. We compile this music industry analysis from a plethora of media outlets and data providers and filter out the noise to deliver directly to you the actionable insights your business needs to succeed.

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May 24, 2018 – 27% of U.S. Broadband Households Own At Least One Smart Speaker

Parks Associates’ new report “Global Connected Living Outlook: Expanding IoT Momentum” reports 27% of U.S. broadband households reported owning at least one smart speaker. “Smart speakers with personal assistants represent the early stages of innovations that use AI elements to expand the user experience,” said Jennifer Kent, Director, Research Quality & Product Development, Parks Associates. “They have proven very successful and are part of the evolution in the connected home from a collection of standalone devices to a unified experience with personalized and coordinated scenes.” Click here to read more.... Read More

May 23, 2018 – U.S. Consumers Will Buy More Than 485 Million Connected Devices In 2021

Parks Associates released new research estimates today at CONNECTIONS™ that U.S. consumers will purchase more than 485 million connected consumer devices in 2021, including smart home, connected health, mobile, and connected entertainment products. By 2022, sales will exceed 520 million units. Click here to read more.... Read More

May 21, 2018 – Post Malone scores longest #1 streak of 2018, Hip-Hop dominates singles charts: Comment from Music Biz President James Donio

James Donio, President of the Music Business Association (Music Biz), commented on this week’s sales numbers issued by Nielsen (published by Billboard – albumssingles) and BuzzAngle Music (published by HITS Daily Double – albumssingles). “Post Malone’s beerbongs & bentleys scored the longest streak at #1 since Taylor Swift’s reputation this week, with the Rapper moving over 147,000 album equivalent units to spend his third straight week atop the Nielsen and BuzzAngle Music charts.... Read More

May 14, 2018 – Post Malone leads album sales, Childish Gambino scores first #1 song: Comment from Music Biz President James Donio

James Donio, President of the Music Business Association (Music Biz), commented on this week’s sales numbers issued by Nielsen (published by Billboard – albumssingles) and BuzzAngle Music (published by HITS Daily Double – albums). “Post Malone spends a second week at #1 on the Nielsen and BuzzAngle Music charts with his album beerbongs & bentleys, which moved over 192,000 album equivalent units. It’s the first non-soundtrack album to reign for multiple weeks this year and only the third overall,... Read More

May 1, 2018 – Bruce Springsteen’s ‘Greatest Hits’ on Red Vinyl Leads Biggest Record Store Day Yet

Record Store Day once again powered historic sales numbers for vinyl albums and singles in the U.S., according to Nielsen Music. The 11th annual festivities, staged on April 21, helped yield a whopping 733,000 vinyl albums sold in the week ending April 26 — a record for Record Store Day week, and the third-largest weekly sum for vinyl albums since Nielsen Music began tracking sales in 1991. Further, of that sum, 580,000 vinyl albums were sold at independent retailers —... Read More

April 30, 2018 – J. Cole scores best sales week of 2018, sets Hot 100 record: Comment from Music Biz President James Donio

James Donio, President of the Music Business Association (Music Biz), commented on this week’s sales numbers issued by Nielsen (published by Billboard – albumssingles) and BuzzAngle Music (published by HITS Daily Double – albums). “J. Cole scored another major victory for Hip-Hop this week, moving over 394,000 album equivalent units of his new record KOD on the Nielsen and BuzzAngle Music charts to notch the best sales week of 2018 thus far.... Read More

April 24, 2018 – IFPI Global Music Report 2018 Annual State of the Industry

The global recorded music market grew by 8.1% in 2017, its third consecutive year of growth since IFPI began tracking the market in 1997. Figures released today in IFPI’s Global Music Report 2018 show total revenues for 2017 were US$17.3 billion. Streaming remains the main driver of recovering revenues and, for the first time, has become the single largest revenue source with 176 million users of paid streaming services contributing to year-on-year streaming growth of 41.1%.... Read More

April 23, 2018 – Jason Aldean Scores Fourth Straight #1 Album: Comment from Music Biz President James Donio

James Donio, President of the Music Business Association (Music Biz), commented on this week’s sales numbers issued by Nielsen (published by Billboard – albumssingles) and BuzzAngle Music (published by HITS Daily Double – albumssingles). “Country music scored its biggest week yet of 2018, with Jason Aldean’s Rearview Town moving over 181,000 album equivalent units to reach #1 on the Nielsen and BuzzAngle Music charts.... Read More

April 16, 2018 – Cardi B Claims #1 album, Drake Overtakes Himself w/ New Single: Comment From Music Biz President James Donio

James Donio, President of the Music Business Association (Music Biz), commented on this week’s sales numbers issued by Nielsen (published by Billboard – albumssingles) and BuzzAngle Music (published by HITS Daily Double – albumssingles). “It was a historic week on the Nielsen and BuzzAngle Music charts this week, with Cardi B tallying the biggest streaming week ever for a woman with her debut studio album Invasion of Privacy.... Read More

April 9, 2018 – The Weeknd scores third straight #1: Comment from Music Biz President James Donio

James Donio, President of the Music Business Association (Music Biz), commented on this week’s sales numbers issued by Nielsen (published by Billboard – albumssingles) and BuzzAngle Music (published by HITS Daily Double – albumssingles). “The Weeknd rushed straight to the top of the Nielsen and BuzzAngle Music charts this week with his surprise project, My Dear Melancholy, which moved over 167,000 album equivalent units to give him his third #1 record in a row.... Read More