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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July 13, 2018 – Merlin 10th Anniversary Impact Report
Thanks to Merlin being the licensing body for the independent sector, many more record labels and distributors have been able to participate in the astronomical expansion in adoption of digital music services all over the world…Thanks to Merlin, independents have not been locked out of the catalogues of music services just because they lack the scale to cut deals. If Merlin had not been established, numerous independent labels would simply have disappeared from sight as streaming overtook purchasing.... Read More
July 12, 2018 – Indie Labels Now Account For 14 Billion Streams Monthly
Most artists and bands would prefer to be signed to a major label instead of an indie, but the fact of the matter is that indies are gaining strength, especially where streaming is concerned. Indie label association Merlin (which consists of more than 20,000 indie labels, imprints and small distributors) reported that its member’s streams have now grown to around 14 billion per month, up by 37% over last year at the same time. click here for more... Read More
July 9, 2018 – 400B+ On-Demand Streams Speaks for Itself as Vinyl Keeps Momentum for 12th Year
Music Business Association President James Donio released the following statement regarding the release on Friday, July 6 of Nielsen Music’s Mid-Year Report: “As we reach the half-way point of 2018, streaming continues to flex its muscles as it keeps powering the music business to renewed strength and vitality, with overall album equivalent consumption rising by 18%. The striking impact of a record-breaking 400 billion+ on-demand streams speaks for itself. But it’s also impressive to see vinyl LP sales keeping up the increasing YOY momentum for a twelfth year in a row.”... Read More
July 6, 2018 – U.S. MUSIC MID-YEAR REPORT 2018
The music industry is in the midst of a growth spurt that has led to 15-year record revenues for the major label groups and continues to break new consumption records for the first half of 2018. Total album equivalent consumption, which includes physical and digital album sales, song sales and on-demand audio and video song streams are up 18%. Click here to read more.... Read More
July 6, 2018 – U.S. Vinyl Album Sales Grow 19%, Led by Jack White
The first half of 2018, vinyl album sales grew 19.2 percent in the U.S., according to Nielsen Music — as compared to the first six months of 2017. In the full year of 2017, vinyl album sales hit another Nielsen Music-era record high, as the format sold 14.32 million copies (up 9 percent compared to 2016’s then-record haul of 13.1 million). 2017 marked the 12th straight year of growth for vinyl album sales. (Nielsen Music began tracking sales in 1991.) The top selling vinyl album for the first half of 2018 is Jack White’s latest studio effort, ... Read More
July 6, 2018 – Shoppers Are Warming Up to Retail Tech
Technology has reshaped retail, and certain innovations are being embraced. While more consumers are finding retail tech to be cool, there are still those who have their reservations. In its May 2018 survey, RichRelevance polled 1,037 consumers ages 18 and older. And one common theme? The creep factor for certain tech is falling. Click here to read more.... Read More
July 5, 2018 – We’re Here, We Over-Index, Get Used To It! The Big Business of LGBTQ+ Music Fans
Nielsen Music found in its research for 2017’s U.S. Music 360 report, exclusively shared with Pollstar, that LGBT consumers are 11% more likely to attend live music events than non-LGBT consumers, 33% more likely to say “Music helps me identify who I am” and 40% more likely to say “It is important for me to attend a live performance of my favorite musicians/bands.” “LGBT consumers are huge music fans. They’re definitely an audience that the music industry should be paying attention to,” says Matthew Yazge,... Read More
June 28, 2018 – Steve Lillywhite on How Selling Music in Indonesia Isn’t Chicken Feed
KFC Indonesia sells around 600,000 CDs a month, making it a huge player in the Indonesia music industry. Music Ally spoke to Steve Lillywhite to find out more about this unique story of chicken and music.... Read More
June 27, 2018 – Hip Hop Vs. Pop: Which Hooks You Faster?
In 2017, Hip Hop/Rap and Pop were the two most prominent genres in the Top 10 of the Billboard Hot 100. One of them, however, hooked the listener in with the first chorus faster than the other. Which one? The answer may surprise you.... Read More