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 5, 2017 – Nielsen Music 360 Canada Report

Music consumption in Canada continues to rise. Ninety-three percent of Canadians listen to music, up from 89% a year ago. This rise may be explained by the continuing move toward mobile consumption—over half the Canadian population are now listening to music via smartphone in a typical week. Read more here.... Read More

May 3, 2017 – These Are the Top-Selling Albums & Singles of Record Store Day 2017, As Vinyl Album Sales Surge 213%

The 10th installment of Record Store Day (April 22) continued to drive big sales of music at independent retailers, according to Nielsen Music. The company reports that in the tracking week ending April 27, album sales at indie stores increased 194 percent compared to the previous week — the largest weekly gain in the retail sector in the history of Record Store Day. Read more here.... Read More

April 28, 2017 – Record Store Day 2017 Top Albums and Singles Charts

Record Store Day 2017 was a very big success again with music lovers descending upon their favorite record stores to check out the new vinyl releases. P.N.E. Garden Auditorium, Vancouver, British Columbia, Canada 7/29/66 by Grateful Dead was the top selling album on Record Store Day, while Strawberry Fields Forever by The Beatles was the top selling single. Read more here.... Read More

April 25, 2017 – IFPI Global Report 2017: Industry Sees Highest Revenue Growth in Decades, But the YouTube Issue Remains

Strong growth in streaming throughout the world helped lift global music sales by almost 6 percent in 2016, the biggest year-on-year rise in revenues since the International Federation of the Phonographic Industry (IFPI) began tracking the market in 1997. Read more here.... Read More

April 24, 2017 – [WEEKLY SALES] Kendrick Lamar’s Earns Highest Debut of 2017 with ‘DAMN’

James Donio, President of the Music Business Association (Music Biz), commented on this week’s sales numbers issued by Nielsen (published in Billboard) and BuzzAngle Music (published in HITS Daily Double). Kendrick Lamar kept Hip-Hop’s chart momentum going by hitting #1 on the Nielsen and BuzzAngle Music charts with DAMN., the best-selling album of 2017 so far. The album moved more than 600,000 units to give Lamar his third chart-topper and put him in exclusive company as one of only three artists who have hit #1 in 2015,... Read More

April 20, 2017 – Record Store Day Puts the Focus On Music

This Saturday marks the 10th anniversary of Record Store Day, an annual day to celebrate local independent record stores—and music in general. It’s also a day when die hard music fans flock to actual physical shops to scoop up exclusive and limited-edition releases that artists customize—often elaborately—for this special day. And while streaming is now the most popular way to access music, Record Store Day has added significant fuel to the resurgence of the vinyl LP—a format that is oddly defying an increasingly digital landscape.... Read More

April 20, 2017 – Record Store Day By Numbers: Prince To Cohen, Vinyl Sales Surge 321%

New figures just released before the 10th Record Store Day show how the annual event has boosted the vinyl revolution. The U.S. independent record retailers taking part in the Saturday April 22 event may expect their vinyl sales to leap by as much as 321%, based on Nielsen Music statistics. Read more here.... Read More

April 20, 2017 – Saturday Night’s All Right For Buying: Celebrating Record Store Day

Record Store Day is renowned for special releases, particularly on vinyl. This year will feature a Bruce, a Bowie and a Busta. Billboard reported that Record Store Day 2016 led to a “record” sales volume in vinyl albums- 383,000 units for week ending April 21. At an average price of ~$25 (RIAA) that’s nearly $10 M in revenue. Add to that the additional spending from used albums, CDs, vinyl singles and t-shirts and it was a banner day.... Read More

April 13, 2017 – US Recorded Music Grows Customers; Spend Up 11%

According to MusicWatch’s “Annual Music Study” the number of US music buyers grew for the second consecutive year, up 5% in 2016*. Although not at the levels of a decade ago, there is a growing appetite for paying for music. Read more here.... Read More

April 10, 2017 – [WEEKLY SALES] Drake’s ‘More Life’ Spends Third Week on Top

James Donio, President of the Music Business Association (Music Biz), commented on this week’s sales numbers issued by Nielsen (published in Billboard) and Border City Media (published in HITS Daily Double). Drake continued his domination of the Nielsen and BuzzAngle Music charts this week, spending his third straight frame at #1 with More Life. It’s the first time any album has spent its first three weeks at the top since Drake himself did so in June 2016 with Views.... Read More