News

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Press Releases

October 10, 2018 – Smart Speakers Driving New Music Consumption Habits, Says New AudienceNet Study

October 10, 2018 – Music subscription services are gaining traction as the dominant way consumers listen to music, with smartphones and new devices, such as smart speakers, driving adoption of these services, especially among younger audiences. This is according to “Audiomonitor 2018: The Overall Music Listening Landscape,” a new report provided to the Music Business Association (Music Biz) from research firm AudienceNet. The report was based on a survey of a statistically and demographically representative sample of the US population (3000 participants,... Read More

May 16, 2018 – Music Biz 2018 Business Awards Breakfast Scripted Remarks from Music Biz President James Donio, Chair of the Board Fred Beteille, and Vice Chair Steve Harkins

Music Biz President James Donio Before I go any further, let’s thank our wonderful friends at WEA for last night’s great cocktail party. This get-together has become a longstanding tradition at Music Biz, and we appreciate your support and commitment to the organization and this conference. Now, I get the chance to officially welcome all of you, on behalf of Music Biz, to our 60th Annual Conference. It’s our Diamond Anniversary. Diamonds are known to be the strongest and most durable substances on earth.  ... Read More

May 3, 2018 – Music Biz 2018 Conference Brings All Corners of the Industry to Nashville May 14-17 to Explore the Future of Music on 60th Anniversary of Music Business Association

More than 300 speakers, including keynotes from Pandora’s Roger Lynch with Sony Music Nashville’s Randy Goodman, Scooter Braun with Hilary Rosen, and Republic Records’ Wendy Goldstein with Manager Beka Tischker and Billboard’s Melinda Newman Award presentations honoring Ed Sheeran, Nile Rodgers, Julia Michaels, RIAA’s Cary Sherman with live performance from Kelsea Ballerini, Dimple Records’ Radakovitz Family, and hit song ‘Despacito’; Colin Hanks to induct Tower Records’ Russ Solomon as first member of Music Business Hall of Fame Top sessions include new programs #NEXTGEN_NOW,... Read More

May 2, 2018 – Podcasting Summit at Music Biz 2018 Conference to Feature Foo Fighters’ Chris Shiflett, Keynote from Edison Research’s Tom Webster

May 2 2018 – The Music Business Association (Music Biz) will host the inaugural Podcasting Summit on Monday, May 14, from 2 p.m. to 6 p.m. CT at the Omni Nashville Hotel during the Association’s 60th anniversary Music Biz 2018 conference. Focused on the increasing growth and popularity of podcasts, “Podcasting: Licensing and Monetizing This New Success” will cover podcasting, webcasting, music licensing, advertising, sponsorships, and more. Co-organized by Tom Truitt of WHO KNEW and Jim Griffin of Hazen LLC/OneHouse alongside Music Biz,... Read More

Association Updates

October 22, 2018 – Spotify Celebrates a “Decade of Discovery!”

October marks the 10th anniversary of the launch of Spotify, and without a doubt music consumers have truly embraced the streaming platform: Spotify has 180 million monthly active listeners and is active in 65 countries. Users have access to 40 million songs & podcasts in Spotify’s library. 3 billion playlists have been created, including songs from over 2,000 available genres. Listening diversity on Spotify, or the number of artists users listen to, has increased at an average of 8% per year over the past 10 years.... Read More

October 19, 2018 – Music Biz Member FindMyFans Identifies Artists’ Fan Bases, Will Launch Geolocation App in December

In June 2017, Ramkeesoon had created a business plan for his intended geolocation app, FindMyFans.co, which he presented at the Talent and Innovation Competition of the Americas in Mexico City. As one of 30 finalists selected from 3,500 applicants representing 40 countries (and the only one chosen without a finished product), FindMyFans received the competition’s highest score in the business plan category. To bring his app to life, Ramkeeson worked with a network of designers and developers to build a FindMyFans prototype,... Read More

October 18, 2018 – New Member Profile: FindMyFans

Please welcome FindMyFans, a tech startup that believes utilizing data is the key to success in the music industry, to the Music Business Association! FindMyFans is developing an app designed to use fan data generated from streaming services and artists’ social media accounts to enhance artists’ revenue streams. The app pulls data about fan’s location and listening activity, revealing which songs are most popular on streaming services and where their largest fanbases lie. This data can empower artists,... Read More

October 18, 2018 – Music Biz “Goes Purple” On GLAAD Spirit Day 2018 In Support Of The LGBTQ Community

Music Biz is proud to stand in solidarity with members of the LGBTQ community by “going purple” on GLAAD Spirit Day 2018. We support GLAAD’s call for an end to the disproportionately high bullying against members of the LGBTQ community, and encourage our partners and friends to turn your websites and social channels purple in a show of support. Click here for more info and to learn how you can support the Spirit Day initiative.... Read More

Industry Analysis

October 19, 2018 – The Music Industry Loses $2.65 Billion from Small Businesses Streaming Music Without a License

According to a new study, the music industry loses billions from businesses who don’t properly use streaming music services. Interviewing 5,000 small business owners across seven markets – the US, UK, Sweden, Spain, Italy, Germany, and France – Nielsen Music found the industry loses out on $2.65 billion a year. Nielsen Music estimates 29.4 million small businesses around the world stream music in their shops.  88% play music daily or 4-5 days per week.  12% play music less than 4 days per week. ... Read More

October 12, 2018 – UK Retailers Slam IFPI For ‘Blinkered’ Focus On Streaming

The head of the U.K. Entertainment Retailers Association (ERA) has criticized international music trade body IFPI for ignoring physical formats in its latest industry report and presenting a “blinkered view of the world.” IFPI published its “Music Consumer Insight Report 2018” earlier this week. The study, carried out by IFPI and research company AudienceNet, measures consumer habits across 20 of the world’s leading markets, including the United States, Japan, United Kingdom, Germany, China and India. The report found that consumers spend an average 17.8 hours listening to music each week globally,... Read More

October 12, 2018 – Visualizing 40 Years of Music Industry Sales

The record industry has seen a lot of change over the years. Vinyl gave way to 8-tracks, and cassettes faded away as compact discs took the world by storm, and through it all, the music industry saw its revenue continue to climb. That is, until it was digitally disrupted. Looking back at four decades of music industry sales data is a fascinating exercise as it charts not only the rise and fall the record company profits,... Read More

October 9, 2018 – Streaming platforms are feeding the growing boom in smart speakers such as Echo, Home and HomePod, study reveals

The markets for smart speakers and music streaming are becoming more interdependent, a new study suggests, as high-tech audio shifts the way consumers listen to music. In data prepared for The Music Business Association and provided exclusively to CNBC on Monday, market research firm AudienceNet said that music services such as Spotify, Apple Music and Pandora are snagging a larger share of music consumption. The findings are part of a study called “Audiomonitor 2018: The Overall Music Listening Landscape,”... Read More