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.

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March 8, 2021 – Extremely Loud and Incredibly Close: An Inside Look at the New Era of Music Documentaries

Billie Eilish knew what she was getting herself into. “I grew up loving documentaries like Believe and Never Say Never,” admits the 19-year-old music phenom, referencing Justin Bieber’s popular concert films. So when a camera crew showed up at her childhood home in Los Angeles in 2018 to film a documentary about the making of her debut album, she welcomed them with open arms — if not exactly optimism. “My entire family and I thought, ‘Eh,... Read More

February 25, 2021 – Music APIs Are Exactly What the Industry Needs – Here’s Why

The following op-ed was penned for HypeBot by Adaptr CEO Jeff Yasuda, part of Music Biz member Feed Media Group. While the music industry demonstrated an impressive ability to bounce back thanks to its early adoption of streaming, keeping that momentum going will require a streamlining of the process through which tech companies get permission to license music. Anyone who has spent even a day in the music industry knows the significant complexities around music licensing.... Read More

February 25, 2021 – How the Pandemic has Accelerated Demand for Premium Audio Products

Over recent years, the audio market has witnessed a progressive shift to more premium products. Case in point with headphones and models such as the Apple AirPods Pro, along with the Sony WH-1000XM series, which have helped democratizing higher audio quality to the mass-market. This trend, which can be seen across most audio product categories, including wireless speakers and soundbars, took another turn in 2020. Consumers homebound due to the COVID-19 pandemic has created a unique opportunity for premium audio product demand to thrive.... Read More

February 24, 2021 – Snapchat Surprises and Alternative Social Media Platforms Challenging the Giants

In a new podcast, eMarketer Principal Analyst at Insider Intelligence Debra Aho Williamson discusses Snapchat’s latest earnings, what stands out, and how this year will look. She then talks about which alternative social media platforms are most likely to rival the giants in the near future and why. Listen in to this episode by clicking here.... Read More

February 23, 2021 – Seven in 10 Americans Say They Have Been Spending More Time Online This Year Than Ever Before

A new Google/Ipsos poll finds that 70% of Americans agree that they have been spending more time online this year than ever before. A majority also admit that they are more concerned now about their online safety, being hacked, and their privacy online than ever. When it comes to the security of their online accounts, less than half report being confident in these – and three quarters admit that they reuse a password for different online accounts at least occasionally.... Read More

February 22, 2021 – The NPD Group: Fourth Quarter 2020 U.S. Consumer Spending on Video Game Products Increased 26% While Annual Spend Gained 27% Compared to 2019

According to the Q4 2020 Games Market Dynamics: U.S. report from The NPD Group, overall total consumer spending on video gaming in the U.S. continued to break records, reaching $18.6 billion in the fourth quarter (Q4) of 2020 (October – December), an increase of 26% compared to Q4 2019. Full-year U.S. games industry consumer spend across all categories reached $57 billion, a 27% increase versus 2019. Significant Q4 and annual 2020 gains were seen across digital console and PC content,... Read More

February 18, 2021 – Every Dollar Earned by Music Biz Generates Another 50 Cents for US Economy: Study

The U.S. music industry’s total impact on the country’s economy grew to $170 billion in 2018, generating an additional 50 cents of revenue on every dollar earned for adjacent industries such as tourism, hospitality and marketing, according to the RIAA’s new economic impact report. Music industry revenues in 2018 were $113 billion — of which employee earnings were over $88 billion. Directly and indirectly, “total music supported employment” rose from 2.08 billion in 2015 to 2.47 billion in 2018,... Read More

February 17, 2021 – The Sober Rebranding of Rock ‘N’ Roll

Throughout modern music, the mantra “sex, drugs and rock ’n’ roll” has been both a catalyzer and a destructor. The cautionary tale practically writes itself: Artist finds purpose in music, sees commercial success, indulges in every substance known to man, falls, bottoms out, loses a career, climbs back out of the darkness through sobriety. That’s the happy-ending version; there are plenty who aren’t as fortunate. Indeed, the 50th anniversaries of the deaths of Jimi Hendrix, Janis Joplin and Jim Morrison straddle 2020 and 2021.... Read More

February 16, 2021 – (More) Digital Trends for 2021: Subscriptions Will Grow in Importance

This is the third in eMarketer’s series of additional transformative developments that should be on your radar in 2021: It looks likely that apps and other service providers will pursue more varied monetization strategies this year. Traditionally, apps mostly pursued two strategies: in-app purchases and in-app advertising. Over the past couple of years, many developers have combined the two, but we’re increasingly seeing them use subscription-based models, as well as coupons or other incentives for viewing advertising,... Read More

February 11, 2021 – How Covid-19 Is Driving Business Technology Spend In 2021

The survey of U.K. business leaders found that 70% of companies expect their IT spend to grow this year, with 69% planning to launch new digital projects, tools, or initiatives, and 65% intending to invest in a new field of technology, including artificial intelligence (AI), the Internet of Things (IoT), big data, and cybersecurity. Cloud technologies are also on the radar, where 64% of businesses are planning to invest this year. Similar numbers are looking to enhance their customers’ digital experience (68%),... Read More