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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January 3, 2019 – BuzzAngle Music 2018 Year-End Report Highlights Double-Digit Growth in Music Consumption
Overall music consumption in the U.S. grew by double digits for the second year in a row, according to BuzzAngle Music’s 2018 Year-End Report released earlier today. As stated in the welcome message from CEO Jim Lidestri, overall music consumption increased by 16.2% in 2018, building on the 12.8% growth achieved in 2017. The number of unique streamed audio titles increased by 3 million in 2018, with total on-demand streaming growing 41.8% over last year to reach 534.6 billion streams.... Read More
January 2, 2019 – Could the Music of the Future Transgress the Walls of Genres?
A couple of decades ago, if a teenager walked up to another and asked what kind of music he or she listens to, and one said “rap” and the other said “metal,” the odds of them hanging out together would be very slim. Cut to 2018 and the very possibility of either of them naming a single genre is minimal. Until the era of online bootlegs and peer-to-peer sharing, which sprouted somewhere in the early 2000s,... Read More
January 2, 2019 – How the Battle for the Indian Streaming Market Will Heat Up in 2019
Music streaming is a crowded market in India, with both Indian and international companies vying for space. Indian media have been reporting about Spotify’s impending launch for months: there were initial reports global streaming leader had planned to buy out a local service around a year or so ago, though it hasn’t to date. But meanwhile Google Play Music has been amassing a growing share of the streaming market, while Gaana, Amazon’s Prime Music, Wynk, and the new JioSaavn are already competing as well.... Read More
December 20, 2018 – How The World Sounds: The Future of Radio
The gathering of world radio at this year’s International Radio Festival in Malta painted a positive picture for the future of radio, with vital international shows broadcasting live and the best minds answering questions about the future (and raising more) at its one-day Audio Conference. As Will Jackson, Conference Organizer and Managing Director of Audio UK, explained, “There has never been a more exciting time for radio.” But how true is this appraisal from inside the radio industry and what exactly does the future of radio listening look like?... Read More
December 19, 2018 – Farewell Tours Were One of the Biggest Stories of 2018 – Here’s What Comes Next For the Live Arena Circuit
Towards the end of the first show of his farewell tour at Allentown, Pennsylvania’s PPL Center, Elton John paused to explain why, after 50 years of being one of the biggest and most profitable forces on the live circuit, he decided it was time to say his extended goodbye. “I have the most beautiful family and I really need to spend more time with them,” he said. “I know you understand since a lot of you have children of your own.... Read More
December 18, 2018 – Artists Direct and Streaming The Big Winners In 2018
MIDiA’s year-end revenue estimate signals that Artists Direct were the biggest winners in 2018, with a 35 percent increase in revenue over 2017 totaling an estimated $643 million. Streaming revenue jumped 29 percent in 2018 to an estimated $9.6 billion, which helped drive the 8.2 percent increase in overall recorded music revenue at $18.9 billion. To create their end-of-year estimates, MIDiA collected data from record labels, national trade associations and also confidential data from the leading Artist Direct/DIY platforms.... Read More
December 14, 2018 – Music Streaming and Podcast Listening in Cars Doubles in Five Years – Study
Increasing connectivity between cars and smartphones is changing what drivers listen to behind the wheel, according to a new study. As wireless links between cars and mobile devices using streaming services have become more common, the number of drivers listening to downloaded or streamed audio has doubled in the last five years, the research by Nissan suggests. The study claims one in six drivers now chooses to listen to a podcast, audiobook or downloaded or streamed music playlist while behind the wheel,... Read More
December 14, 2018 – 2018 Holiday Gift Guide: Music Execs Share Their Picks For Gadgets & Goodies
The holiday season always hits amidst a wind-down period for the industry, as Q4’s releases trickle out and the OOO messages start piling up, leaving time for a bit of reflection, R&R and a lot more of the “play” in the work-play dynamic. To fete the end of the year and the 2018 holiday season, Billboard reached out to a number of the industry’s top executives across sectors — including labels, publishing, live, management, social media,... Read More
December 10, 2018 – Vinyl Record Production Has Finally Joined The Modern Age
When you think of manufacturing in the US, vinyl records probably isn’t the first thing that springs to mind, but the industry has been chugging along as best it can. For decades, pressing plants have been using aging machines that require a complex infrastructure of piping for the steam-based heating (and cooling) mechanisms — not to mention an engineering support team to keep them in working order. New vinyl presses just weren’t being made, at least until a few years ago.... Read More
December 6, 2018 – Oldies But Goodies: Streaming Makes Catalog Records New Again
Since 2014, digital music streaming buoyed the recorded music business into its third year of rising global revenue. As if that weren’t good enough news already, fans found out that their old music- or what industry executives call “catalog”- mattered again. In the recorded music business, “frontline” has traditionally been considered any track less than 18 months old. “Catalog” was any music older than that 18 month period. This distinction- while mostly arbitrary to everyday fans- meant a lot to how money was allocated to a recording artist’s career.... Read More