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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March 13, 2017 – Four Key Things to Know About Digital Video Now
US digital video ad spending is expected to grow 12% in 2017 and 9% in 2018, according to a study from J.P. Morgan. Video is the only subcategory of display ad spending that is growing, as rich media, banner ads and sponsorship all shrink. Read more here.... Read More
March 9, 2017 – New York’s Music Business Drives $21 Billion Annually, Study Shows
New York is one of the music business’ capitals and its business generates plenty of capital. That’s the upshot of an economic impact study just announced by Mayor Bill de Blasio and Media and Entertainment Commissioner Julie Menin. The report, by Boston Consulting Group, says that the city’s music business supports almost 60,000 jobs and $5 billion in wages — and that it drove $21 billion of overall economic value in 2015, the year for which the data was surveyed.... Read More
March 9, 2017 – Investment in Marketing Technology Increasing
Marketing technology has become a fact of life, as new data from digital agency Squiz attests. Roughly two-thirds of senior marketers surveyed in Australia, the UK and the US have invested heavily in marketing technology over the past year, the study shows. Read more here.... Read More
March 9, 2017 – Leading Ladies: A Look at Women’s No. 1 Success in the Hot 100’s History
Since Connie Francis first broke the No. 1 gender barrier in 1960 with “Everybody’s Somebody’s Fool,” women have returned to the Hot 100’s summit at an increasingly regular rate. Click here to read more.... Read More
March 6, 2017 – [WEEKLY SALES] Future Makes History with ‘HNDRXX’ and ‘FUTURE’
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): “Prolific Hip-Hop artist Future made history on the Nielsen and BuzzAngle Music charts this week, becoming the first person on either chart to notch back-to-back #1 debuts. His second new album in two weeks, HNDRXX, was able to edge out last week’s #1 debut,... Read More
March 3, 2017 – What Makes People Buy from a Brand They Follow on Social Media?
Seven in 10 US internet users will use social media regularly in 2017, according to eMarketer’s latest forecast. However, the ways in which social media users connect with friends, family members—and, of course, brands—vary greatly depending on the user’s age. Read more here.... Read More
March 3, 2017 – Global Recorded Music Revenues Grew By $1.1 Billion In 2016
Throughout 2016 as the major label earnings were coming in there was a growing awareness that 2016 was going to be a landmark year for the recorded music business. It finally looked like streaming was going to push the industry into growth. Now with full year numbers in, the picture is even more positive than it first appeared. Read more here.... Read More
March 3, 2017 – eMarketer Releases New Snapchat Usage Numbers
As it prepares to go public, Snapchat certainly has momentum on its side—but competition is looming large. eMarketer has increased its US usage projections for 2017 by more than 5%, expecting 70.4 million Americans to use the platform. Read more here.... Read More
March 2, 2017 – Is Radio’s Brave New World Taking Shape?
Seasons change, habits ebb and flow, and the landscape of consumer choice is constantly shifting. Such is the case on the radio airwaves as we crack the book open on another year of listener preference and review the release of Nielsen’s January portable people meter ratings. Read more here.... Read More
March 2, 2017 – What The Music Industry Can Learn From The Gaming Industry
The gaming industry counts as many differences from the music business as it counts similarities. It makes it a perfect teacher when we find the right way to translate their reality to ours. Both industries were in large part dependent on sales of copies in the ’90s, and have walked diverging paths as they’ve had to innovate new distribution models and revenue streams. Read more here.... Read More