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.
November 8, 2016 – NRF: Holiday Headquarters
American consumers plan to spend an average $935.58 during the holiday shopping season this year, according to NRF’s survey conducted by Prosper Insights. Nearly six in 10 plan to buy for themselves, spending an average $139.61, up 4 percent from last year and marking the second-highest level of personal spending in the survey’s 13-year history. See more survey highlights by visiting https://nrf.com/resources/consumer-data/holiday-headquarters... Read More
November 8, 2016 – Mobile Payments in the US Growing Fast, but Still Far from Mass Adoption
Despite double-digit growth this year and next, Americans’ use of mobile wallets like Apple Pay, Android Pay and Samsung Pay, as well as branded apps that include mobile wallets like the Starbucks app, Walmart Pay and CVS Pay, will not reach mass adoption in the foreseeable future. This year, 38.4 million Americans 14 and over will have used their mobile phones to pay at the point of sale at least once in the preceding six months.... Read More
November 3, 2016 – Is the Record Business Really Back? How Streaming Is (And Isn’t) Turning a Profit
For the last few years, Barclays’ annual research reports about the music industry reflected the challenges of a business in transition — or, more specifically, one that had slowed a rapid decline but had not returned to growth. In 2014, as track sales fell, the bank’s report declared that “Streaming Killed the Download Star”; the 2015 edition was titled “Swimming Upstream.” But the bank’s latest research report, published in October and titled “Dancing Days Are Here Again,” starts with much better news: “2016 is the year recorded music appears to be turning a corner.”... Read More
November 3, 2016 – [CONSUMER INSIGHTS] How Musicians Listen
How do musicians listen to music? Are they streamers? Do they embrace YouTube? Are they sharing more on Facebook? How about Twitter? Log-in to Music Biz Consumer Insights portal to get topline data on all this, plus more: https://musicbiz.org/resources/tools/music-biz-consumer-insights/consumer-insights-portal/... Read More
November 3, 2016 – Black Friday Enthusiasm High for US Internet Users
US internet users are enthusiastic about holiday shopping, and that includes Thanksgiving Day, Black Friday and Cyber Monday. According to a September 2016 survey from Accenture, over two-thirds of US internet users plan to shop on Black Friday this year, and nearly as many plan to take part in Cyber Monday “festivities.” FULL ARTICLE: https://www.emarketer.com/Article/Black-Friday-Enthusiasm-High-US-Internet-Users/1014679... Read More
October 31, 2016 – [WEEKLY SALES] Lady Gaga Scores Fourth Chart Topper with ‘Joanne’
Music Biz President James Donio commented on the recent sales figures released by Nielsen (published in Billboard) and BuzzAngle Music (published in HITS): It was a big week for Lady Gaga, who topped the Nielsen and BuzzAngle Music charts with her new album, Joanne. It’s Gaga’s fourth chart-topper and the fourth-biggest launch of 2016, with sales driven by an all-out promotional blitz that saw her perform on Saturday Night Live,... Read More
October 27, 2016 – Country Music Fans, The Format and Their Stars Offer A Unique Marketing Opportunity
Country music has come a long, long way since its southern forbearers first picked up a banjo and re-interpreted what was traditional European roots ballads. In fact, the genre has been branching out ever since and, these days, it’s one of the most popular radio formats in many parts of the U.S. We looked at country music—from the crossover appeal of its talent to the fans themselves—and found some unique numbers.... Read More
October 24, 2016 – [WEEKLY SALES] Kings of Leon’s ‘Walls’ Is The Band’s First #1 Album
Music Biz President James Donio commented on the recent sales figures released by Nielsen (published in Billboard) and BuzzAngle Music: After hitting the Top 10 with their three previous records, Rock stalwarts Kings of Leon have finally reached the summit with their latest album, Walls, which moved 77,000 equivalent album units (including 68,000 in traditional sales) to debut at #1 on the Nielsen and BuzzAngle Music charts. It was also a big week for Pop star JoJo,... Read More
October 20, 2016 – The Social Side of Holiday Shopping
How can your business capitalize on the holiday season and see a major revenue bump? With optimized use of social media. By leveraging the newest marketing channel that reaches an incredible amount of potential customers, social media can build a strong brand identity and drive sales at the holiday. And your business can shine bright to more customers than ever before.... Read More
October 19, 2016 – Teens are watching YouTube more often than cable TV for the first time
For the first time, teens are watching YouTube more often than cable TV, according to a new survey by investment bank Piper Jaffray. On Friday, Piper Jaffray released its semi-annual survey of 10,000 teens, and it showed YouTube inching over cable in daily use. 26% of teens said they watched YouTube every day, whereas only 25% said the same of cable TV.... Read More
