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.
June 16, 2017 – Streaming Revenue Could Surpass Live Income For Many Artists, says Mark Mulligan
“Do not assume that we have arrived at your destination,” writes music industry analyst Mark Mulligan, referring to live music rather than recordings as the primary income driver for most musicians and the industry. “Add together all the pieces and you start to create an environment in which artists can see a more immediate direct return from streaming.” Read more here.... Read More
June 13, 2017 – Virtual Reality; Real Appeal
Although adoption is still relatively low for VR and AR devices, awareness of them has nearly doubled year-over-year, rising from only 28% of the general U.S. population in 2016 to 51%. Given this technology is still foreign to half of the population, adoption to date is more limited by awareness than accessibility. Click here to read more.... Read More
June 12, 2017 – [WEEKLY SALES] Music Biz 2016 Breakthrough Artist Halsey Earns First #1 Album with ‘Hopeless Fountain Kingdom’
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): “In May 2016, we presented Halsey with our Music Biz 2016 Breakthrough Artist Award. Since then, she has become a household name thanks to “Closer,” her massively successful duet with The Chainsmokers, which spent 12 consecutive weeks at #1 on the Billboard Hot 100 singles chart.... Read More
June 9, 2017 – Live Concerts + Streaming = 73% of the US Music Industry
Streaming is exploding. But a majority of the revenue in the music industry is coming from live events. According to US-based calculations shared by PwC with Digital Music News, ticket sales alone account for 43% of all revenues, with festivals driving the growth. Big brand sponsorships at events count for another 12%. In total, the US-based music industry is now worth $17.2 billion, up nearly 11% since 2012.... Read More
June 5, 2017 – [WEEKLY SALES] Bryson Tiller Stays ‘True to Self’ and Scores First #1 Album
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): “Bryson Tiller continued his rise in the Hip-Hop scene this week, scoring his first #1 album on the Nielsen and BuzzAngle Music charts with True to Self. The record moved over 107,000 album equivalent units despite being released about a month earlier than expected,... Read More
May 30, 2017 – [WEEKLY SALES] Linkin Park Puts Rock Back On Top
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). “Rock made its way back to the top of the Nielsen and BuzzAngle Music charts this week, with veteran Hard Rock outfit Linkin Park reaching #1 for the sixth time with One More Light. The album moved over 111,000 album equivalent units,... Read More
May 24, 2017 – Global Music Merch Biz Grew to $3.1 Billion in 2016: Study
Music merchandising retail sales was one of the fastest growing property type percentage-wise for 2016, according to the international Licensing Industry Merchandisers Association’s annual survey. While all categories of licensed goods and services globally hit nearly $263 billion, which represented a 4.4% increase from the prior year, the music merchandise category grew at more than double that pace. According to LIMA, music merchandise grew 9.4% to $3.1 billion from the prior year’s total of $2.83 billion.... Read More
May 5, 2017 – Nielsen Music 360 Canada Report
Music consumption in Canada continues to rise. Ninety-three percent of Canadians listen to music, up from 89% a year ago. This rise may be explained by the continuing move toward mobile consumption—over half the Canadian population are now listening to music via smartphone in a typical week. Read more here.... Read More
May 3, 2017 – These Are the Top-Selling Albums & Singles of Record Store Day 2017, As Vinyl Album Sales Surge 213%
The 10th installment of Record Store Day (April 22) continued to drive big sales of music at independent retailers, according to Nielsen Music. The company reports that in the tracking week ending April 27, album sales at indie stores increased 194 percent compared to the previous week — the largest weekly gain in the retail sector in the history of Record Store Day. Read more here.... Read More
April 28, 2017 – Record Store Day 2017 Top Albums and Singles Charts
Record Store Day 2017 was a very big success again with music lovers descending upon their favorite record stores to check out the new vinyl releases. P.N.E. Garden Auditorium, Vancouver, British Columbia, Canada 7/29/66 by Grateful Dead was the top selling album on Record Store Day, while Strawberry Fields Forever by The Beatles was the top selling single. Read more here.... Read More
