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 31, 2017 – Where Concert Ticket Money Goes: Who’s Getting Rich Off Live Music’s Golden Age?
In 2001, Billboard Boxscore reported that the top 100 music concerts of the year collectively generated $350m. In 2015, the top 25 concerts alone grossed just shy of $360m. There are two reasons behind this: more people are going to shows and ticket prices are spiking sharply. Read more here.... Read More
January 31, 2017 – After 15 Years of Decline, France’s Recorded Music Market Returns to Growth
Record businesses annual revenues in the territory have been cut in half over the past decade, down from €965.9m in 2005 to €426m in 2015. Finally, this trend has been reversed, according to local trade body SNEP – largely thanks to ‘particular growth in revenues linked to subscriptions’. See more here.... Read More
January 31, 2017 – Music Subscriptions Pass Million Mark in Spain as Streaming Dominates Bullish Market
Paid music subscriptions passed the one million mark in Spain in 2016, with digital claiming 61 percent of the bullish market with sales topping 100 million euros. According to a new report from Spain’s PROMUSICAE, music sales in 2016 saw a slight increase overall from 2015, with a 1.7 percent gain marking the third consecutive year that the formerly depressed Spanish market was on the rise. Read more here.... Read More
January 27, 2017 – 115 Must Know Facts about Social Media [INFOGRAPHIC]
Skilled.co has put together a massive treasure trove full of fun facts here for you today. So, read along and take a look at the social media statistics infographic to learn a thing or two about how all of this online interaction can work for you. You may already know a few of the key points here, but there should be plenty of new information that you had never even considered before. See more here.... Read More
January 26, 2017 – From Board Games to Toothbrushes, Five Holiday Hits You’d Never Expect
What was hot during Holiday 2016? It’s a question brands and retailers all want to answer as they reflect on the holiday’s successes and misses in preparation for Holiday 2017. Our research team was particularly interested in understanding which products sold substantially faster during Holiday 2016 compared to Holiday 2015. So we took a look at our Store-Level Enabled data for the six-week period from Black Friday through the end of 2016 compared to the same period in 2015.... Read More
January 23, 2017 – [WEEKLY SALES] The Weeknd’s ‘Starboy’ Spends Third Week at #1; The xx Debut High
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). The Weeknd spent his third straight week at #1 on the Nielsen and BuzzAngle Music charts with Starboy, blocking debuting indie rockers The xx from taking the top spot with I See You. Following in the footsteps of fellow Toronto native Drake,... Read More
January 23, 2017 – U.S. Cassette Album Sales Increased by 74% in 2016, Led by ‘Guardians’ Soundtrack
While the continued return of vinyl rightfully draws a lot of attention, there’s another format that’s on the comeback trail: the cassette. Cassette album sales grew by 74 percent in 2016 with 129,000 copies sold (up from 74,000 in 2015) according to Nielsen Music. Read more here.... Read More
January 20, 2017 – Winning Diverse Shoppers In A Digital Retail World
For consumer packaged goods (CPG) manufacturers and retailers, knowing how consumers go from wanting to buying along the elusive and increasingly digital path to purchase is critical for two reasons. First, it allows them to measure the market more accurately, so they can make better decisions about where and how to invest for growth. Second, it enables them to engage their customers more effectively, especially as the lines between media and commerce continue to blur. Both understanding consumers’ needs better and knowing which channels will reach them brings companies closer to the points of decision—meaning closer to the coveted sale—during the shopper journey.... Read More
January 19, 2017 – 2016 Nielsen Social Media Report
“What’s next?” That question drives our industry every day. Answering it isn’t easy. You don’t get there using conjecture or assumptions—you get there using passion, precision, experience and rigorous science. And when it comes to measuring the breakneck evolution of social media—answering the question can be as difficult as it is vital. But when you take a closer look at up-to-the-minute social media data, the direction forward snaps into focus. See more here.... Read More
January 19, 2017 – Streaming ‘Finally’ Reaches CD-Loving Germany: 73 Percent Jump in Digital Helps Market Stay in the Black
The German music market grew by 2.4 percent in 2016, according to new figures released today by BVMI, Germany’s music industry association. With these figures, unveiled in Berlin, the local-based industry enjoyed growth rates for a fourth straight year. Across all formats, music sales (revenues valued at retail prices) added up to €1.58 billion, while audio streaming once again showed the highest growth rate (+73.1 percent) leading to a market share of 24.3 percent. Vinyl also gained considerably (+41 percent),... Read More