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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November 28, 2016 – [WEEKLY SALES] Metallica Tops Charts With Third Biggest Launch of 2016; Bruno Mars, Miranda Lambert Follow
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 (published in HITS Daily Double). It was a great week for fresh releases on the Nielsen and BuzzAngle Music charts, with new releases taking the top three spots. The charts were led by veteran Metal band Metallica, which moved around 300,000 album equivalent units of Hardwired… to Self-Destruct to make it the third-biggest launch of 2016 and the best debut week for a Rock album since Coldplay released Ghost Stories in 2014.... Read More
November 28, 2016 – How Digital Are Kids Today?
Many kids become internet users before they learn how to walk. But even as the age at which kids get a smartphone creeps downward, most lack one of their own, as explored in a new eMarketer report, “US Kids and Digital: Gauging How Digital These Digital Natives Really Are”. eMarketer estimates that 61.6% of kids ages 0 to 11 will use the internet at least once a month in 2016—lower than the rate for teens and most adults,... Read More
November 23, 2016 – Bringing Cheer to Our Ears: Holiday Music on the Airwaves is Another Annual Tradition
With the season of giving fast approaching, shopping, food and holiday music seem to be on everyone’s mind. The decorations are going up, families are planning their get-togethers and holiday tunes are making their yearly appearance, helping everyone unwrap a festive jolly spirit. Holiday music has proven to be a huge success around the country on the radio airwaves. Over the last several years, the number of radio stations that swap out their regular formats during the holiday season has been rising,... Read More
November 21, 2016 – [WEEKLY SALES] A Tribe Called Quest Tops Album Charts After 18-Year Break
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). “Hip-hop trailblazers A Tribe Called Quest returned to the Nielsen and BuzzAngle Music charts this week after 18 years with their new album, We Got It from Here, Thank You 4 Your Service…, claiming the #1 spot following a surprise album announcement,... Read More
November 21, 2016 – Holiday Shopping Kicks Off With Anticipated Big Spending on Black Friday & Cyber Monday
Thanksgiving is just around the corner. With 39% of consumers stating the holiday season starts on Thanksgiving, many are also planning to head to the stores to stock up on gifts for their loved ones in the days after their turkey dinner. Traditionally, Black Friday and Cyber Monday are some of the busiest shopping days in the U.S., when consumers expect long lines and even bigger savings at the cash register. Read more here: http://www.nielsen.com/us/en/insights/news/2016/holiday-shopping-kicks-off-with-anticipated-big-spending-on-black-friday-cyber-monday.html... Read More
November 15, 2016 – Keeping It Real: Understanding Live Event Behavior & Sponsorship Opportunities
It’s common knowledge that emerging technology has transformed almost every aspect of music—from the devices themselves to how fans connect with it. But as this transformation continues, a counter-intuitive trend has emerged: The live event, a decidedly traditional format, is re-gaining importance. For the music industry, the renewed focus on live events stems largely from the gap between digital consumption and revenue: U.S. consumers are increasingly turning to online streaming services and video platforms to listen.... Read More
November 14, 2016 – [WEEKLY SALES] Bon Jovi’s ‘This House Is Not For Sale’ Debuts On Top
Music Biz President James Donio commented on the recent sales figures released by Nielsen (published in Billboard) and BuzzAngle Music (published in HITS): Legendary New Jersey rockers Bon Jovi claimed their sixth #1 album on the Nielsen and BuzzAngle Music charts this week with their new record, This House Is Not for Sale. It’s their fourth straight chart-topper and 13th album to reach the Top 10, with sales bolstered by a promotion in which those who bought a ticket to one of their live concerts also received a physical copy of the album.... Read More
November 11, 2016 – Two in Five Shoppers Want to Make More Mobile Payments
For the full article: https://www.emarketer.com/Article/Two-Five-Shoppers-Want-Make-More-Mobile-Payments/1014706 Respondents in the US and Europe appeared less enthusiastic about the ability to buy products or services on their mobile devices. While 26% of Americans and 28% of Europeans said they looked forward to making more transactions on their mobile devices, more than half of internet users from Asia-Pacific (51%) or Latin America (65%) felt this way.... Read More
November 11, 2016 – Streaming Doesn’t Stop Stealing: New Research on Digital Piracy
Full article at: http://journalistsresource.org/studies/society/internet/piracy-streaming-stealing-digital-file-sharing What makes people download pirated music? Karla Borja and Suzanne Dieringer, economists at the University of Tampa, surveyed 1,052 college students enrolled in introductory business classes at two Florida universities (one public and one private) in 2014 and 2015. Seventy-eight percent reported to have downloaded music illegally in the previous month. With a 21-question survey, the researchers tested six factors that they had hypothesized increase the likelihood a student will download pirated music,... Read More
November 8, 2016 – “The 50th Annul CMA Awards” Triggers Significant Increase in Country Music Album and Song Sales
Not only did Country fans tune in to watch Country Music’s Biggest Night™ on Nov. 2, but numbers indicate they were listening and engaged too. Last week’s national television broadcast of “The 50th Annual CMA Awards” saw a 37% gain in overall post show Country album sales and a 47% increase in sales for Country songs. For streaming consumption, Country Music also saw an average daily lift of nearly 2.8 million streams per day compared to pre-show daily averages.... Read More