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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December 5, 2016 – Record Store Day Black Friday Sales Up Over Prior Year
Independent music retail stores have reported the following statistics provided by BuzzAngle Music regarding Record Store Day‘s Black Friday weekend event: Black Friday vinyl album sales were up 15% compared to Black Friday 2015 Black Friday total album sales (CD and Vinyl) were up 1% compared to Black Friday 2015 Vinyl album sales on Black Friday weekend were up 12% compared to Black Friday Weekend 2015 ... Read More
December 2, 2016 – Orderly Transition: As Paid Music Streaming Escalates No Paying Downloader Can Be Left Behind
As rapidly as the music business is moving to paid streaming subscriptions from paid downloads there’s an argument to be made that it needs to move even faster…Even as Americans bought fewer CDs we continued to listen to them. CD revenues fell 52 percent between 2011 and 2015 (RIAA), yet the percent of people who listened remained reasonably steady at a few points above 50 percent. As recently as Q3 2016 MusicWatch’s audiocensussm monthly tracking survey shows that 52% of the internet population listened to a CD in the past three months.... Read More
November 30, 2016 – IFPI Investing In Music Report 2016
Record labels invested $4.5 billion in A&R and marketing in 2015, according to a new report from music industry trade body the International Federation of the Phonographic Industry (IFPI). If that figure looks familiar, it’s because it’s the same level of spending as five years ago, and only a marginal increase on 2013 — the last time that IFPI reported on the size and scale of record label investment. Read more in Billboard here: http://www.billboard.com/articles/business/7595908/label-investment-ar-2015-ifpi-report Click here to access the IFPI report: http://investinginmusic.ifpi.org/... Read More
November 30, 2016 – Ben Rector, LunchMoney Lewis & More Earn Sales Gains After Macy’s Thanksgiving Day Parade
The 2016 edition of the Macy’s Thanksgiving Day Parade, held Nov. 24 in New York City and broadcast on NBC, received a soundtrack from well over a dozen artists during its three-hour run time, with many seeing notable digital sales gains, according to Nielsen Music, as the sales tracking week wrapped up at the end of that day. LunchMoney Lewis, Johnnyswim and Easton Corbin see the largest single-song sales gains in the tracking week, which helps populate the Billboard charts dated Dec.... Read More
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