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.
July 18, 2016 – [WEEKLY SALES] Drake Shifts 92,000 Units To Return To #1
Music Biz President James Donio commented on the recent sales figures released by Nielsen (published in Billboard) and BuzzAngle Music: Drake is back at #1 on the Nielsen and BuzzAngle Music charts with Views, which sold another 92,000 equivalent album units (including 58,000 streaming equivalent albums) this week. It’s the album’s 10th non-consecutive week in the top spot, only the 10th record in the last 20 years to reach that mark,... Read More
July 18, 2016 – A Mid-Year Look At Vinyl
BuzzAngle reported a 17% increase in vinyl sales for the first half of 2016, and while not quite the torrid pace of the past few years, vinyl continues to post impressive gains. From time to time MusicWatch has posted statistics on the consumer purchasing of vinyl, and we thought this would be a good time for an update.... Read More
July 18, 2016 – A ‘California’ State of Mind Takes Over the U.S. Album Charts
According to Nielsen Music’s recent Audience Insights on alternative rock, fans of this genre are 60% more likely to listen to music on vinyl and 32% more likely to use an Apple iPod than other devices to listen to music. They’re also very loyal to alternative rock music and are less likely to listen to other musical genres.... Read More
July 13, 2016 – 2016 Nielsen Music U.S. Mid-Year Report
Music Biz member Nielsen has announced its 2016 Mid-Year U.S. Music Report for the 6-month period of January 1, 2016 through June 30, 2016. The Report results show that streaming continues to be a growing format in 2016, with 209 billion songs streamed on-demand through audio and video platforms— an increase of 59% over the same period last year. Audio on-demand streams now make up 54% of total streams, while Video is now 46% of the total.... Read More
July 11, 2016 – Blink 182 Moves 186,000 Units To Dethrone Drake
Music Biz President James Donio commented on the recent sales figures released by Nielsen (published in Billboard) and BuzzAngle Music: Veteran Pop-Punk band Blink-182 got their groove back in a big way this week, moving 186,000 album equivalent units (including 172,000 in traditional sales) of new album California to dethrone Drake’s Views at #1 on the Nielsen and BuzzAngle Music charts. It’s the band’s second chart-topper, seventh Top 10 record,... Read More
July 5, 2016 – BuzzAngle Music 2016 U.S. Mid-Year Report
U.S. consumption of music continued to grow in the first half of 2016, even as sales of most formats declined, according to Border City Media’s state-of-the-industry data service BuzzAngle Music. With the pace of audio streaming more than doubling, activity tracked over the same period last year, Total Industry Consumption was up by an impressive 6.5%.... Read More
July 5, 2016 – You Stream, I Stream, We All Stream: The Paid Streaming Opportunity in Canada
In Canada, 56% of teens and Millennials listen to music on their smartphones in a typical week. As music consumption–especially among these groups–moves to mobile devices, consumers are increasingly discovering music from online and app streaming services operated by AM/FM radio stations. That said however, “over the air” AM/FM radio still dominates how Canadians discover new music, especially Millennials.... Read More
June 29, 2016 – Listeners Know When Music Is Hi-Res, Study Finds
Can listeners really hear the differences between standard and high resolution audio formats? A new study arriving soon from Queen Mary University of London thinks so, though the results found that it clearly helps if you’re a trained audiophile.... Read More
June 28, 2016 – The reason why the music industry is about to have a big turnaround, according to Wall Street analysts
Morgan Stanley thinks music streaming subscriptions are the real deal, and it’s predicting steady growth for the music industry on the backs of companies like Spotify and Apple Music. “We estimate that industrywide subscription streaming spending grew nearly 50% in 2015 in the US, and has climbed to ~15% of industry recorded music revenue,” Morgan Stanley analysts Benjamin Swinburne and Ryan Fiftal wrote in a note on Monday.... Read More
June 28, 2016 – U.S. Adults Consume an Entire Hour More of Media Per Day Than They Did Just Last Year
If you feel like you’re spending more time than ever before watching and streaming content, you’re right. U.S. adults spent 10 hours, 39 minutes a day consuming media in the first quarter of 2016. That’s up a full hour from the first quarter of 2015, and it’s thanks to a substantial increase in smartphone and tablet usage, according to Nielsen’s Q1 2016 Total Audience Report.... Read More