Music Industry Analysis
Music Biz curates a feed of music industry news articles, business statistics and trend analysis from a variety of media outlets, filtering out the noise to deliver you the actionable insights you need to succeed. Starting in 2024, these articles will be accessible exclusively from Music Biz’s social media feeds.
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
June 26, 2018 – Gen Z: The Elusive Generation [NIELSEN]
The shifting of advertising budgets into the digital space brings a number of great opportunities and efficiencies, but it also brings many complexities. Without question, targeting audiences across digital channels is a challenging feat for advertisers, agencies and publishers. And it is not getting easier. Each generation comes with a unique set of behaviours and presents a unique set of challenges for those looking to reach them. For the last decade or so, Millennials have been the generation that every brand has had to engage as their spending power has grown.... Read More
June 22, 2018 – People Stop Discovering New Music by 30 Years Old Says Research
According to the results of a survey from streaming service Deezer, the average person hits ‘musical paralysis’ when their age clocks up to just 30 years and six months.... Read More
June 21, 2018 – How to Improve Your App’s Visibility, Organically
In late 2017, Apple unveiled a completely revamped App Store with a clear focus on helping surface mobile apps to its users. Why? Because consumers are drowning in a sea of options. Getting an app in front of the right user is a tricky task, so of course there’s a marketing discipline to help: app store optimization (ASO).... Read More
June 19, 2018 – Many Facebook Users Are Sharing Less Content
For the most part, Facebook users haven’t stopped using the social platform following the Cambridge Analytica revelations. Still, there are some who are concerned about their personal data and how it will be used. When asked why they’re sharing less content with friends and followers on social media, 47% of Facebook users said it was because they have privacy concerns.... Read More
