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 27, 2016 – The Most Wonderful Time of the Year — for Shopping!
Winter is here, and for many Americans, that means the holiday hunt for gifts (and deals) has officially begun. Holiday shopping begins earlier and earlier each passing year. In 2015, half of Americans had started their holiday shopping by Nov. 2. This year, consumers have maintained pace, where 51% had started their holiday shopping by Oct. 28, and 55% had started by Nov. 11. Thirty-nine percent of consumers planned to shop for the holidays on Thanksgiving evening,... Read More
December 22, 2016 – Traditions (Yearly & Quadrennial) Shapes the Radio Landscape in December
The year-end holidays are just around the corner and everywhere you look (and listen), annual traditions are taking shape as Americans get ready to close the book on another year. Holiday music now fills the airwaves across many stations from coast to coast, while the forthcoming start of a new presidential administration remains the lead news story across News/Talk stations. Read more here.... Read More
December 19, 2016 – Music Drives Top 3 Most Wanted Tech Gifts Of 2016 [CHART]
According to a study by the Consumer Technology Association, music driven products are among the most wanted tech gifts of 2016. Headphones and a portable Bluetooth speaker are #1 and #3 respectively, and since #2 (smartphones) are increasingly how consumers access music, the industry could claim all of the top three. Read more here.... Read More
December 19, 2016 – Deeper Than Dollars: Global Perceptions About Premium Products
Around the world, consumers are looking for a taste of the good life. And it’s not just those who are wealthy. Sales of products in the “premium” tier—which Nielsen defines as goods that cost at least 20% more than average price for the category—are growing at a rapid pace. In fact, the growth of the premium sector in many markets is outpacing total growth for many fast-moving consumer goods (FMCG) categories. Click here to read more.... Read More
December 13, 2016 – Why 2016 Will Go Down As a Giant Year for the Global Recorded Music Business
Early indications are that the global recorded music business is set for its first significant recovery in over 15 years in 2016 – as streaming keeps growing in markets where many predicted it had hit its limit. Half-year 2016 data collated by MBW shows significant growth in no less than 12 key nations, indicating that a revenue increase in the region of 5% should hold true for the worldwide label business across 2016. Read more here.... Read More
December 12, 2016 – [WEEKLY SALES] ‘Hamilton’ Makes Grand Entrance on Charts with Mixtape
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 Broadway sensation Hamilton: An American Musical made a major mark on the charts this week, as the new Hamilton Mixtape debuted at #1 on the Nielsen and BuzzAngle Music Charts, earning approximately 190,000 album equivalent units. The album includes guest appearances by artists including Chance The Rapper,... Read More
December 9, 2016 – Losing A Legend: How Leonard Cohen Fans Pay Tribute
Adding to the loss of so many music icons throughout 2016, the recent death of singer-songwriter Leonard Cohen highlights the impact that the passing of an artist can have on music sales and streaming. Canadian fans paid tribute to Cohen not only by consuming music from across his catalogue, but by engaging with music from related artists’ repertoires as well. Click here to read more.... Read More
December 7, 2016 – Christmas In The Fall? Holiday Magic Creeps Earlier Each Year
With Black Friday and Cyber Monday over for another year, the final holiday stretch of 2016 is well underway. With decorations up, presents appearing under the trees, holiday music on the airways and classic TV movies on the screen, it is hard to look around and not see signs of the holiday season. Click here to read more: http://www.nielsen.com/us/en/insights/news/2016/christmas-in-the-fall-holiday-magic-creeps-earlier-each-year.html... Read More
December 5, 2016 – [WEEKLY SALES] The Weeknd Lands Third-Biggest Debut of 2016 with Starboy
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). “The Weeknd landed the third-biggest album debut of 2016 with his latest, Starboy, earning around 350,000 album equivalent units on the Nielsen and BuzzAngle Music charts. Beyonce’s Lemonade and Drake’s Views were the only two 2016 albums to earn more in their debut weeks.... Read More
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