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.
April 25, 2017 – IFPI Global Report 2017: Industry Sees Highest Revenue Growth in Decades, But the YouTube Issue Remains
Strong growth in streaming throughout the world helped lift global music sales by almost 6 percent in 2016, the biggest year-on-year rise in revenues since the International Federation of the Phonographic Industry (IFPI) began tracking the market in 1997. Read more here.... Read More
April 24, 2017 – [WEEKLY SALES] Kendrick Lamar’s Earns Highest Debut of 2017 with ‘DAMN’
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). Kendrick Lamar kept Hip-Hop’s chart momentum going by hitting #1 on the Nielsen and BuzzAngle Music charts with DAMN., the best-selling album of 2017 so far. The album moved more than 600,000 units to give Lamar his third chart-topper and put him in exclusive company as one of only three artists who have hit #1 in 2015,... Read More
April 20, 2017 – Record Store Day Puts the Focus On Music
This Saturday marks the 10th anniversary of Record Store Day, an annual day to celebrate local independent record stores—and music in general. It’s also a day when die hard music fans flock to actual physical shops to scoop up exclusive and limited-edition releases that artists customize—often elaborately—for this special day. And while streaming is now the most popular way to access music, Record Store Day has added significant fuel to the resurgence of the vinyl LP—a format that is oddly defying an increasingly digital landscape.... Read More
April 20, 2017 – Record Store Day By Numbers: Prince To Cohen, Vinyl Sales Surge 321%
New figures just released before the 10th Record Store Day show how the annual event has boosted the vinyl revolution. The U.S. independent record retailers taking part in the Saturday April 22 event may expect their vinyl sales to leap by as much as 321%, based on Nielsen Music statistics. Read more here.... Read More
April 20, 2017 – Saturday Night’s All Right For Buying: Celebrating Record Store Day
Record Store Day is renowned for special releases, particularly on vinyl. This year will feature a Bruce, a Bowie and a Busta. Billboard reported that Record Store Day 2016 led to a “record” sales volume in vinyl albums- 383,000 units for week ending April 21. At an average price of ~$25 (RIAA) that’s nearly $10 M in revenue. Add to that the additional spending from used albums, CDs, vinyl singles and t-shirts and it was a banner day.... Read More
April 13, 2017 – US Recorded Music Grows Customers; Spend Up 11%
According to MusicWatch’s “Annual Music Study” the number of US music buyers grew for the second consecutive year, up 5% in 2016*. Although not at the levels of a decade ago, there is a growing appetite for paying for music. Read more here.... Read More
April 10, 2017 – [WEEKLY SALES] Drake’s ‘More Life’ Spends Third Week 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 Border City Media (published in HITS Daily Double). Drake continued his domination of the Nielsen and BuzzAngle Music charts this week, spending his third straight frame at #1 with More Life. It’s the first time any album has spent its first three weeks at the top since Drake himself did so in June 2016 with Views.... Read More
April 6, 2017 – Nielsen Q1 Numbers: Quote from Music Biz President James Donio
Music Biz President James Donio released the following quote regarding the recent Nielsen 2017 Q1 numbers published in Billboard: “Nielsen’s Q1 2017 music numbers indicate that the overall upward momentum generated last year is continuing. Music consumption was up 5.9% from Q1 2016, with 145.5 million total album equivalent units. That number was fueled once more by massive growth in the streaming sector, with total on-demand streams up 35.2% over Q1 2016 to 133.9 billion.... Read More
April 3, 2017 – [WEEKLY SALES] Drake’s ‘More Life’ Spends Second Week at #1
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). After the Recording Industry Association of America (RIAA) reported last week that streaming had become the chief source of music industry revenue for the first time ever, it is fitting that this week’s #1 album on the Nielsen and BuzzAngle Music charts be powered chiefly by streaming equivalent albums (SEAs).... Read More
March 30, 2017 – 2016 RIAA Shipment and Revenue Statistics Report: Comment from Music Biz President James Donio
Music Biz President James Donio released the following statement regarding the 2016 RIAA Shipment & Revenue Statistics report released today: In an accomplishment that illuminates a promising path forward, the U.S. music industry notched its biggest overall revenue growth in nearly two decades last year, according to the newly released 2016 RIAA Shipment and Revenue Statistics report. Total revenue was up 11.4% in 2016, reaching a total of $7.7 billion driven by massive growth in the streaming sector.... Read More
