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 21, 2020 – Nashville Industry Slowly Emerges From Pandemic Mode With Drive-In Shows and Studio Sessions

Studio bookings, concert postponements, drive-in concerts and a rogue political show: As the nation attempts to reopen following a pandemic-related lockdown, the country industry is struggling to keep the music playing in a marketplace with a hazy immediate future. Nashville’s recording studios, which shut down in March, appear ready to open again. Producer Jon Randall (Parker McCollum, Dierks Bentley) has his first session in months on the books for the second week of June, a sign that studio owners and managers believe they have the ability to prevent the virus’... Read More

May 19, 2020 – How Musicians Are Fighting Coronavirus by Turning Merch Into Masks

Like seemingly every other musician on the planet, the members of the New Jersey post-hardcore institution Thursday recently found themselves wondering how to spend their time. The coronavirus pandemic forced them to cancel all of their 2020 shows, and one member was about to be a father. They got together remotely to make plans for the immediate future. “It was a conversation that started from our own needs and self-interests,” frontman Geoff Rickly said.... Read More

May 15, 2020 – Our Coronavirus Security Blanket: Nostalgia For Old Music, Movies And Much More

According to a new study this month by Nielsen/MRC, over half of music listeners are vying for older tunes. Streams of Bob Dylan and Dixie Chicks spiked along with Bob Marley, whose catalog alone surged +23% within the last month. Even today’s top artists like Post Malone are springing for the old, who live-streamed a fundraiser concert solely covering Nirvana. New music just doesn’t bring the same relief as the oldies or “perceived oldies” do.... Read More

May 13, 2020 – MIDiA Research Report: COVID-19 Impact on Entertainment Demand and Behaviors

COVID-19 is having a clear and direct impact on the entertainment and media industries, driven by investor uncertainty – resulting in plummeting share prices – and restrictions on movement of people leading to quickly-transforming consumer behavior patterns. Now the key questions entertainment-focused companies must ask themselves are: does your business have the right strategies to weather current market conditions? Should you prioritise particular territories? What content is relevant to your consumers at this challenging time? What are the available opportunities now,... Read More

May 12, 2020 – Use of Smart Speakers in the U.S. Increases During Quarantine

NPR and Edison Research release The Smart Audio Report Spring 2020, find 77% of adults in the U.S. have had a change in their typical routine due to COVID-19 outbreak New research from The Smart Audio Report from NPR and Edison Research finds that 77% of those in the U.S. age 18+ are experiencing a change in their typical routine due to the outbreak of COVID-19 as of April 1, and voice-assistant usage has expanded during these disruptions.... Read More

May 8, 2020 – Why Holding an Album Until Touring Resumes May Be a ‘Bad Move’

Had everything gone as planned, Margo Price’s anticipated new album, That’s How Rumors Get Started, would have arrived this Friday — but due to the ongoing pandemic, everything changed. At the end of March, Price announced on Instagram that her album would be delayed, saying “Life is postponed until further notice,” and that a summer release seems more realistic. “I want to be able to play this album live and tour with my band all over the world and I know that time will come.”... Read More

May 8, 2020 – Without Federal Aid, More than 1,000 U.S. Music Venues Are in Danger of Closing

It’s been nearly two months since live music shut down. For large concert companies, the revenue slippage has been a major burden. For independent venues, which have no corporate parent to fall back on, it’s an “existential crisis,” says Dayna Frank, board president of the newly formed National Independent Venue Association (NIVA). NIVA is a new coalition of independent venues across the U.S. that includes California’s Troubadour and New York’s Hammerstein Ballroom; despite never having worked together before,... Read More

May 6, 2020 – Post-Pandemic Music Industry Predictions: The Great Divide Between Embraced And Impacted

This period of change will produce two types of musicians: the “Embraced” and the “Impacted.”The Embraced musician is an entrepreneur birthed out of necessity. Living by the creed of “desperate times call for desperate measures,” these individuals will find every opportunity to sustain their careers. The Impacted musician, however, will not fare as well. While everyone has their own unique circumstances and privilege that need to be taken into account, there will be some musicians who objectively view the pandemic as a brick wall that cannot be climbed.... Read More

May 4, 2020 – IFPI Global Music Report 2020: Music Sales Rise For Fifth Straight Year to $20 Billion

Global music sales grew for the fifth consecutive year in 2019 with streaming accounting for more than half of all label revenue for the first time, according to the International Federation of the Phonographic Industry’s (IFPI) “Global Music Report 2020.” Total revenues climbed to $20.2 billion, a rise of 8.2% on the previous year. Driving the growth was a 23% rise in streaming revenues, which totaled $11.4 billion, accounting for 56% of all sales and offsetting a 5.3% fall in physical sales.... Read More

May 1, 2020 – Here’s How the Music Community Can Get Free Coronavirus-Related Legal Services

As the music community continues to wrap its head around the complexities the CARES Act and other financial relief programs responding to the coronavirus pandemic, dozens of entertainment attorneys are volunteering their time and expertise to provide free legal services to help industry professionals figure out the resources available to them. Three non-profits — New York’s Volunteer Lawyers for the Arts (VLA), California Lawyers for the Arts and Volunteer Lawyers & Professionals for the Artists of the Arts &... Read More