BPI publishes its latest data hailing streaming’s diversity

British labels body the BPI has published new stats supporting its argument that streaming is helping more artists to find success. The post BPI publishes its latest data hailing streaming’s diversity appeared first on Music Ally. Source: Music ally

Talking recorded music’s growth in 2022: ‘Emerging markets led the way’

This afternoon sees the publication of the IFPI’s Global Music Report: the annual assessment of how the recorded music industry is growing. The post Talking recorded music’s growth in 2022: ‘Emerging markets led the way’ appeared first on Music Ally. Source: Music ally

Global recorded music revenues grew 9% in 2022 to $26.2bn says IFPI

The global music industry made $26.2bn from recorded music in 2022, according to the IFPI. That’s up 9% year-on-year. The post Global recorded music revenues grew 9% in 2022 to $26.2bn says IFPI appeared first on Music Ally. Source: Music ally

Report: global recorded music revenues grew 6.7% to $31.2bn in 2022

Consultancy firm Midia Research estimates that global recorded music revenues grew by 6.7% to $31.2bn in 2022. The post Report: global recorded music revenues grew 6.7% to $31.2bn in 2022 appeared first on Music Ally. Source: Music ally

Spain’s recorded music revenues grew by 12.4% in 2022

Spanish music industry body Promusicae has published its annual figures for the country’s recorded music market. The post Spain’s recorded music revenues grew by 12.4% in 2022 appeared first on Music Ally. Source: Music ally

ASCAP’s annual collections passed $1.5bn for first time in 2022

US-based PRO ASCAP has published its figures for 2022, revealing that its collections passed $1.5bn for the first time ever. The post ASCAP’s annual collections passed $1.5bn for first time in 2022 appeared first on Music Ally. Source: Music ally

US recorded music revenues grew 6.1% to $15.87bn in 2022

Industry body the RIAA has published its annual figures today, showing that the value of recorded music grew by 6.1% in 2022 to $15.87bn. The post US recorded music revenues grew 6.1% to $15.87bn in 2022 appeared first on Music Ally. Source: Music ally

UK music revenues grow but industry wants more government support

As publication day nears for the IFPI’s Global Music Report, another of the world’s biggest recorded music markets has published 2022 figures. The post UK music revenues grow but industry wants more government support appeared first on Music Ally. Source: Music ally

Japan’s music streaming revenues grew by 25% in 2022 to $674m

Japan may have been late to the music-streaming party, but it’s been making up for lost time judging by the latest figures from the RIAJ. The post Japan’s music streaming revenues grew by 25% in 2022 to $674m appeared first on Music Ally. Source: Music ally

BVMI reveals Germany’s recorded music market grew 6.1% in 2022

Germany, for example, saw its recorded music revenues grow by 6.1% in 2022 to €2.07bn ($2.2bn at current exchange rates). The post BVMI reveals Germany’s recorded music market grew 6.1% in 2022 appeared first on Music Ally. Source: Music ally

Harry Styles ‘As It Was’ was the biggest global music track in 2022

The biggest music track globally in 2022 was Harry Styles’ ‘As It Was’ with 2.28bn ‘global subscription stream equivalents’. The post Harry Styles ‘As It Was’ was the biggest global music track in 2022 appeared first on Music Ally. Source: Music ally

Taylor Swift regains top spot from BTS in IFPI global artist chart

It’s annual-awards time for global music body the IFPI, which is staggering its rankings for artists, tracks and albums over several days. The post Taylor Swift regains top spot from BTS in IFPI global artist chart appeared first on Music Ally. Source: Music ally

DiMA reveals new streaming stats in Fan Engagement Report

DiMA, the US-based trade body representing music streaming services, has published a new report on streaming’s impact on listeners. The post DiMA reveals new streaming stats in Fan Engagement Report appeared first on Music Ally. Source: Music ally

MVT report reveals decline in UK independent venues’ concerts

There are positive figures in UK charity the Music Venue Trust’s latest annual report… but also plenty of worrying stats too. The post MVT report reveals decline in UK independent venues’ concerts appeared first on Music Ally. Source: Music ally

Gap widens between YouTube and Melon services in South Korea

The music industry has been thinking a lot about how South Korean artists like BTS and Blackpink are growing their audiences. The post Gap widens between YouTube and Melon services in South Korea appeared first on Music Ally. Source: Music ally

Indian artists are still dominating YouTube’s global music chart

Indian news site Mint has been celebrating the fact that Bollywood playback star Alka Yagnik is the top artist on YouTube’s global chart. The post Indian artists are still dominating YouTube’s global music chart appeared first on Music Ally. Source: Music ally

Subscriptions now account for 55% of audio streaming in Spain

Spanish industry body Promusicae has published some figures for 2022, including the news that the number of music streams grew by 16%. The post Subscriptions now account for 55% of audio streaming in Spain appeared first on Music Ally. Source: Music ally

Just how big is the music industry’s ‘fake streams’ problem?

The grumbling about how bad actors are trying to game the streaming system and siphon royalties away has slowly but surely grown. The post Just how big is the music industry’s ‘fake streams’ problem? appeared first on Music Ally. Source: Music ally

App store spending fell by 2% in 2022 (but it was still $167bn)

Data·ai (formerly App Annie) analyses the mobile apps market and makes revenue predictions. Its latest annual report has plenty of juice. The post App store spending fell by 2% in 2022 (but it was still $167bn) appeared first on Music Ally. Source: Music ally

Streaming subscriptions could be ‘affordable luxuries’ in 2023

“There are no two ways about it, 2023 is going to be a challenging year” according to Midia Research MD Mark Mulligan. The post Streaming subscriptions could be ‘affordable luxuries’ in 2023 appeared first on Music Ally. Source: Music ally

Report: SVOD services to slow growth in original content spend

Recent years have been boomtimes for TV production companies, thanks to the emergence of streaming video services and their enormous budgets. The post Report: SVOD services to slow growth in original content spend appeared first on Music Ally. Source: Music ally

Recorded music consumption in the UK grew by 4.3% in 2022

British music industry body the BPI has published its annual figures for recorded music consumption in the UK, which grew by 4.3% in 2022. The post Recorded music consumption in the UK grew by 4.3% in 2022 appeared first on Music Ally. Source: Music ally

South Korea music revenues grew by 31.7% in first half of 2022

Korean creative industry body KOCCA’s report on the first half of 2022 held good news for South Korea’s music industry. The post South Korea music revenues grew by 31.7% in first half of 2022 appeared first on Music Ally. Source: Music ally

Tracklib finds sampling still rising – and the 2000s are hot

Sample-clearance service Tracklib has published its end-of-year report: ‘State of Sampling 2022’. The post Tracklib finds sampling still rising – and the 2000s are hot appeared first on Music Ally. Source: Music ally

Report: global music subscribers grew to 616.2m in Q2 2022

At the end of 2021 there were 523 million users of paid music streaming subscriptions. The post Report: global music subscribers grew to 616.2m in Q2 2022 appeared first on Music Ally. Source: Music ally

Report: European tech industry has lost $400bn in value in 2022

The numbers involved are still huge, but it’s still a clear snapshot of a difficult year for the sector. The post Report: European tech industry has lost $400bn in value in 2022 appeared first on Music Ally. Source: Music ally

22 best data sources to understand the music industry in 2022

Here is Music Ally’s handy primer on the best sources of data on the music market: industry stats, surveys, forecasts and more. The post 22 best data sources to understand the music industry in 2022 appeared first on Music Ally. Source: Music ally

UK’s CMA publishes its final report on music streaming market

The UK’s competition regulator the CMA has published its final report from its market study of music streaming. The post UK’s CMA publishes its final report on music streaming market appeared first on Music Ally. Source: Music ally

Dutch university reseacher wins €1.5m grant for streaming study

Politicians and regulators have been keen to understand streaming’s impact on the music industry and on artists in recent times. The post Dutch university reseacher wins €1.5m grant for streaming study appeared first on Music Ally. Source: Music ally

Sao Paolo, Mexico City and Santiago are the metal megacities

Chartmetric’s latest deep-dive blog post comes from SoundCloud’s director of music intelligence and analytics Wyatt Marshall. The post Sao Paolo, Mexico City and Santiago are the metal megacities appeared first on Music Ally. Source: Music ally

Report predicts 12.5m sales of consumer VR headsets in 2022

Research firm Omdia has been gazing into its crystal ball – or should that be crystal headset? – for the virtual reality market. The post Report predicts 12.5m sales of consumer VR headsets in 2022 appeared first on Music Ally. Source: Music ally

TikTok tipped to grow its annual ad revenues to $122.5bn by 2027

If labels weren’t already pushing for a share of TikTok’s advertising revenues, the latest predictions from research firm Omdia should change that. The post TikTok tipped to grow its annual ad revenues to $122.5bn by 2027 appeared first on Music Ally. Source: Music ally

Has the key change been dying out in western popular music?

Audiomack data analytics expert Chris Dalla Riva has been listening to every single number-one track from Billboard’s Hot 100. The post Has the key change been dying out in western popular music? appeared first on Music Ally. Source: Music ally

IFPI explores 2022’s music-listening trends in its new report

The IFPI’s Global Music Report makes plenty of springtime headlines with its figures for the recorded music industry. The post IFPI explores 2022’s music-listening trends in its new report appeared first on Music Ally. Source: Music ally

BPI trumpets indies’ growth ahead of streaming inquiry follow-up

“In the first ten months of the year, independently-released music made up 28.6% of the UK music market,” announced the BPI this morning. The post BPI trumpets indies’ growth ahead of streaming inquiry follow-up appeared first on Music Ally. Source: Music ally

Report: global music copyright value grew 18% to $39.6bn in 2021

Every year, author and former Spotify chief economist Will Page publishes his analysis of the ‘global value of music copyright’. The post Report: global music copyright value grew 18% to $39.6bn in 2021 appeared first on Music Ally. Source: Music ally

How does music streaming affect the valuations of catalogues?

We know how streaming has had an impact on the value of the recorded music industry, but what about on the value of music catalogues? The post How does music streaming affect the valuations of catalogues? appeared first on Music Ally. Source: Music ally

eMarketer predicts tenfold slowdown of social-media ad growth

“Who killed the social media ad boom?” asked the Financial Times on Friday, in a piece sparked by the estimates from research firm eMarketer. The post eMarketer predicts tenfold slowdown of social-media ad growth appeared first on Music Ally. Source: Music ally

CISAC and SCAPR publish their annual collections figures

Collecting societies body CISAC has published its annual Global Collections Report this morning, revealing the latest figures and trends from its member bodies. The post CISAC and SCAPR publish their annual collections figures appeared first on Music Ally. Source: Music ally

89% of British adults are still weekly radio listeners

The next time that somebody flippantly tells you that music streaming has already ‘killed’ radio, point them in the direction of the latest figures from British radio industry body Rajar. The post 89% of British adults are still weekly radio listeners appeared first on Music Ally. Source: Music ally

Report claims 100k tracks are now added to DSPs every day

Forget that oft-quoted ’60k new tracks are added to music streaming services every day’ stat. Two major labels have upped the figure to 100k. The post Report claims 100k tracks are now added to DSPs every day appeared first on Music Ally. Source: Music ally

Latin music now generates 6.6% of US recorded music revenues

Latin music’s growth continues to outstrip the overall market: revenues were up by 23% year-on-year, over double the overall market growth. The post Latin music now generates 6.6% of US recorded music revenues appeared first on Music Ally. Source: Music ally

ERA claims musicians AND DSPs are more popular than labels

ERA’s longstanding consumer-tracker research interviews 2,000 Brits every quarter about a range of topics. The post ERA claims musicians AND DSPs are more popular than labels appeared first on Music Ally. Source: Music ally

Commercial tracks are only 7% of music used for US television

A new report commissioned by the PMA has broken down the sources of music used for broadcast and cable television networks in the US. The post Commercial tracks are only 7% of music used for US television appeared first on Music Ally. Source: Music ally

GEMA-commissioned study explores Germany’s music-streaming economy

Collecting society GEMA has commissioned a report from consultancy firm Goldmedia on music streaming in Germany. The post GEMA-commissioned study explores Germany’s music-streaming economy appeared first on Music Ally. Source: Music ally

India’s ‘informal’ music industry: DJs, indie artists, brass bands…

How many people work in India’s music industry? Whatever you guessed, it’s probably well short. The answer is 14 million. The post India’s ‘informal’ music industry: DJs, indie artists, brass bands… appeared first on Music Ally. Source: Music ally

Italy’s recorded music revenues up 18.3% in first half of 2022

Italy was the tenth biggest recorded music market in the world last year according to the IFPI, buoyed by a 27.8% increase in revenues. The post Italy’s recorded music revenues up 18.3% in first half of 2022 appeared first on Music Ally. Source: Music ally

Report predicts that global games market will FALL in 2022

The games industry being huge and growing is something many people have taken for granted for years now, which makes research firm Ampere Analysis’s latest prediction somewhat startling. The post Report predicts that global games market will FALL in 2022 appeared first on Music Ally. Source: Music ally

Report claims YouTube is bigger than Spotify for podcasts

Remember the speculation – very much encouraged by Spotify – that it was overtaking Apple for podcast listening? The post Report claims YouTube is bigger than Spotify for podcasts appeared first on Music Ally. Source: Music ally

UK and France saw double-digit recorded music growth in 2021

The IFPI is launching its annual Global Music Report (GMR) on 22 March, which is when we’ll get to see what kind of growth the recorded music industry saw in 2021. The post UK and France saw double-digit recorded music growth in 2021 appeared first on Music Ally. Source: Music ally

Data suggests YouTube Music is rising fast in South Korea

The music industry knows all about YouTube’s role in bringing K-Pop music to the world, from Psy’s ‘Gangnam Style’ to the success of BTS and Blackpink. The post Data suggests YouTube Music is rising fast in South Korea appeared first on Music Ally. Source: Music ally

The top 10 musicians collectively earned $2.3bn in 2021

Longtime music earnings analyst Zack O’Malley Greenburg has just published his annual ‘music money list’ across Rolling Stone and his own newsletter. The post The top 10 musicians collectively earned $2.3bn in 2021 appeared first on Music Ally. Source: Music ally

FIMI boss hails “incredible jump” for Italian music listening

Recorded music income in Italy rose 34% in the first half of 2021, with subscription revenue up 41%. More importantly, perhaps, Enzo Mazza, CEO of Italian recorded music body FIMI, says that Italy made “an incredible jump” in the transition to digital consumption during the pandemic. “In one year Italy reached a penetration in the […]

UK research on music creators’ digital earnings is out today

Earlier this week, the British government said that the UK’s Intellectual Property Office (IPO) would soon be publishing its report on music creator’s earnings in the digital era. How soon? It’s out this morning! To be clear: this is very much an exercise in gathering and presenting data, rather than coming down on one side […]

IFPI report reveals 7.4% growth in global recorded music revenues

Global recorded music revenues grew by 7.4% to $21.6bn in 2020, according to industry body the IFPI, which has published its annual Global Music Report today. That’s a deceleration compared to 2019, when the market grew by 8.2%, but with 2020 being the year of Covid-19, labels will see the latest figures as a success […]

DIY artists released 9.5m tracks in 2020 – 8x the major labels

There are plenty of interesting stats in Will Page’s latest article for the Financial Times, as you’d expect from a former Spotify chief economist. One that stood out for us showed the current scale of DIY artists operating outside the label system. “As lockdown took hold, major labels released 1.2m songs in 2020; DIY artists released […]

Report claims Spotify has overtaken Apple in key markets for podcast listeners

Reputable figures breaking down the global podcasts market are hard to come by, but there’s been a general consensus that Apple Podcasts (formerly iTunes) has been the biggest platform by far; that the rest of the market is very fragmented; and that Spotify’s aggressive move into podcasts meant it was growing fast to finally become […]

US Latin music revenues grew by 18.6% in first half of 2020

US trade body the RIAA has published its mid-year figures for Latin music in the US, and once again it has outperformed the overall market. The body recently reported that the US recorded music market grew by 5.6% year-on-year in the first half of 2020, but revenues from Latin music grew by 18.6%. At $296.1m, it accounted for […]

US recorded music revenues grew by 5.6% in first half of 2020

US music industry body the RIAA has published its annual mid-year stats for the recorded music market there. They show that revenues grew by 5.6% year-on-year to $5.7bn in the first half of 2020. The story here, as in other countries, is that Covid-19 had a significant impact in the second quarter of this year, […]

IAB report quantifies Covid-19 hit to US podcast ad revenues

Advertising industry body the IAB has published its latest figures on the podcast ads market in the US. “With an expected growth rate of 14.7%, US podcast advertising revenues are nearing the $1bn mark,” it claimed. Are they really, though? The report doesn’t actually give a figure for its 2020 revenue prediction, but it does […]

Report: Amazon Music subscriptions grew by 104% in last year

Research firm Counterpoint Research has published its latest estimates for the size of the music streaming market globally. It claims that by the end of March there were 394m music subscriptions globally, representing year-on-year growth of 35%. Counterpoint also offered its estimates for some of the biggest players, suggesting that Spotify accounted for 33% of […]

Report: global app spending was $50bn in first half of 2020

Could a global pandemic take the shine off the growth in the amount of money people spend on and within mobile apps? It could not. “Consumers spent a combined total of $50.1 billion worldwide on the App Store and Google Play in the first half of 2020,” claimed app analytics firm Sensor Tower. “This was 23.4 […]

Report: there were 400m music subscribers globally at end of Q1 2020

There were 341 million people using paid music subscriptions at the end of 2019, according to global music industry body the IFPI. Now we’ve got an update on that figure, albeit from a different source. Consultancy firm Midia Research has published its music subscriber market share figures for Q1 2020, claiming that by the end of March […]

Global recorded music industry grew by 8.2% in 2019 says IFPI

Music industry body the IFPI was due to publish its annual Global Music Report in March, with data on worldwide recorded music revenues in 2019. The launch was postponed due to the Covid-19 pandemic, but the report has now been published today. The headline figure: global recorded music revenues grew by 8.2% to $20.2bn in […]

Report: there were 358m music subscribers by the end of 2019

The IFPI has delayed the publication of its Global Music Report, with no new date yet set for its analysis of recorded music figures for 2019. A new report from Counterpoint Research is plugging one of the knowledge gaps: the number of people subscribing to music services globally. It claims this figure grew by 32% in 2019 […]

SuperAwesome report: ‘Everyone is a kids and family brand now’

Just as many parents are teachers now, so when it comes to the world of technology and digital services “everyone is a kids and family brand now”. That’s the tagline for a report by kid-tech firm SuperAwesome, which explores what the coronavirus pandemic (and the stay-at-home measures being deployed to battle it) mean for businesses. […]

Raine Group predicts recorded-income spike for indie artists

Investment firm Raine Group has a keen interest in the independent music and DIY artists sectors, having put funding into SoundCloud and Amuse, while advising Downtown on its acquisitions of CD Baby and Fuga. Now the company has produced a report claiming that the artists using these and other companies will see strong growth in their recorded […]

British music labels’ trade income grew by 7.3% in 2019

UK music industry body the BPI has published its annual figures for British labels’ trade income – the money that labels actually earn, rather than the ‘retail value’ of consumer spending on music that was reported by fellow body ERA earlier this year. The unsurprising headline: more growth for labels. Their trade income grew by […]

Global recorded music revenues grew to $21.5bn in 2019 says Midia

Music industry body the IFPI will publish its latest Global Music Report on 24 March, revealing the size and growth of the recorded music market in 2019. However, in recent years consultancy firm Midia Research has made a habit of getting in first with its own estimates. This year is no different: Midia has just published […]

US recorded music trade revenues grew by 11% in 2019

It appears to be the day for new figures on the US music market. Industry body the RIAA published its year-end numbers for 2019 last night, revealing that recorded music’s retail value grew by 13% to $11.1bn last year. Meanwhile its wholesale value – the earnings for labels – grew by 11% to $7.3bn. Within the […]

Netflix opens up its data (a bit) with new Top 10 lists

Getting viewing figures for shows on Netflix has historically been difficult: even for the producers of those shows. Recently, the video streaming service has given out some stats for its original shows: in its first four weeks, 76m Netflix member households ‘chose to watch’ The Witcher, for example – a metric that merely counts how many people […]

How many users do Spotify, Apple Music and other big music streaming services have?

Sometimes the statistics around how many people are streaming music – and how many are paying for it – can lead to confusion and misinterpretation. Recently, for example, we’ve seen one story suggesting that Amazon was “on course to overtake Apple Music” based on comparing an Amazon figure from January 2020 with one from Apple […]

Emotional baggage: scientists pinpoint music’s 13 key feelings

Based on a survey of 2,500 people in the US and China listening to a variety of musical genres, research scientists at Berkeley have identified at least 13 emotions triggered by music across cultures. They are: amusing; annoying; anxious/tense; beautiful; calm/relaxing/serene; dreamy; energising/pumped up; erotic/desirous; indignant/defiant; joyful/cheerful; sad/depressing; scary/fearful; and triumphant/heroic. “We have rigorously documented the largest […]

Analysis: the music industry enters 2020 on a wave of growth – and optimism

Barring a major surprise, 2019 will have been the fifth straight year of growth for the global recorded music industry. Over those five years, its annual revenues have grown from $14.2bn to $19.1bn, taking it almost back to its 2004 level. If 2019 matched 2018’s 9.7% growth, we could be talking about $21bn last year. […]

In 2019, UK music-streaming spending passed £1bn for the first time

Consumer spending on music streaming in the UK passed the symbolic £1bn mark for the first time last year, according to figures published by the Entertainment Retailers Association (ERA) today. Brits spent just over £1bn on streaming subscriptions in 2019, up by 23.5% from the £812m spent in 2018 – and 31 times the spend […]

CISAC report reveals growth in global music collections

CISAC, the global collecting-societies body, has published its annual ‘Global Collections Report’ setting out the collections of its 239 members in more than 120 countries. As ever, it’s a useful counterpart to the IFPI’s annual Global Music Report: while that publication focuses on recorded-music royalties, the music section of CISAC’s report quantifies collections for songwriters […]

Report: North American music still tops for global playlists

Analytics firm Chartmetric has published its ‘Global Music Industry Data Report’ for the first half of 2019, digging in to data from platforms including Spotify, Apple Music, YouTube, Instagram and Shazam among others. The bit that’s making headlines so far (yes, including ours above) is the section analysing programmed playlists on the big services by […]

Music listening in 2019: 10 takeaways from the IFPI’s new report

Global music-industry body the IFPI has published its latest ‘Music Listening’ report, for 2019, based on a survey of 34,000 people in 21 countries. Whereas the body’s annual Global Music Report focuses on revenues, this study is all about people’s music habits: how much they’re streaming and buying music; what devices they’re doing it on; […]

US recorded-music business grew by 18% in first half of 2019

Pop the champagne corks! Well, if you’re one of Music Ally’s American readers reading this story at the start of your working day, perhaps leave that until… whatever time won’t get you sacked for too-early-in-the-day boozing. But yes: celebrations, because the latest mid-year figures for the US recorded-music market are out from the RIAA, and they look […]

Smart speaker market may have declined in the US last quarter

If you’ve been following the smart-speakers market with interest, you’ll have seen this coming a few months ago: Chinese tech firm Baidu is now selling more of these devices than Google is. Well, that’s what research firm Canalys claims, anyway. But its latest report also points to a potentially-worrying decline in shipments in the US. […]

eMarketer says teens are ditching Facebook in France and Germany

It feels like people have been predicting a ‘teen flight’ from Facebook for years now – probably because they have. eMarketer is the latest research firm trying to back up the theory with some actual data, this time based on France and Germany. It claims that this year, the total number of Facebook users in France […]

Mobile phones will beat TV for Americans’ time this year

Research firm eMarketer has predicted a tipping point for Americans’ entertainment habits this year. “For the first time ever, US consumers will spend more time using their mobile devices than watching TV, with smartphone use dominating that time spent,” claimed the company, in its latest data-release. “The average US adult will spend 3 hours, 43 minutes […]

Goldman Sachs: annual streaming revenues will be $37.2bn in 2030

When Goldman Sachs published its ‘Music In The Air’ report in 2017, predicting trade revenues from paid streaming of $28bn by 2030, it sparked excitement and controversy in equal measure – the latter once people wondered which Goldman Sachs clients would most benefit from sky-high predictions. Keep your pinch of salt handy, then, for the […]

Music streaming in 2019: radio rivalry, Spotify sustainability and ‘west versus east’

Streaming was the big driver behind the recorded-music industry’s 9.7% growth in 2018, according to the IFPI. In fact, streaming revenues grew by 34% to $8.9bn, accounting for 47% of the global total. At the end of 2018, there were 255 million users of paid streaming subscriptions, up from 176 million at the end of 2017. […]

Instagram is pinching Snapchat’s users in the UK

OK, it’s only one country, but the numbers from eMarketer are still interesting and tap into the issue of just how sustainable multi-platforming is in social media. The research company is saying this year will be the first since its launch that Snapchat user numbers in the UK will decline, calling it an “exodus” and […]

Despite growth, music labels warn: ‘We should never be complacent’

Four consistent years of global growth is something to swell the record industry’s heart, and the 9.7% rise in 2018 means it is approaching double-digit growth – a big change from the double-digit decline that defined the first decade of this millennium. There’s an increasing focus on the role that emerging markets – or ‘high-potential […]

Streaming drove 9.7% rise in global recorded-music revenues in 2018

Global recorded-music revenues grew by 9.7% in 2018, according to industry body the IFPI. Its annual Global Music Report, which is published today, reveals that strong growth in streaming revenues more than made up for the continued decline in sales of CDs and music downloads. The headline figure is $19.1bn: that’s the total revenue for […]

Billie Eilish album on course for impressive first-week streams

Who knew? Billie Eilish is quite popular with music-streamers, as well as with the streaming services. Billboard reports that her album ‘When We All Fall Asleep, Where Do We Go?’ is on course for more than 170m on-demand audio streams in the US alone in its first week. Although just as impressive is its predicted total of […]

Report claims mobile app spending will reach $156bn by 2023

Newsflash! People quite like apps, and spend a fair amount of money on them – and that’s probably going to continue for the foreseeable future. And on that bombshell, we return you to your regular music-industry bulletin… No, research firm SensorTower has at least put some numbers on this predicted growth for the apps market. “User spending […]

Report predicts $45.3bn of global streaming revenue by 2026

The rate of growth in global streaming revenues (retail, not trade) is going to slow down every year between now and 2026. Boo! But wait: those revenues are going to more than double between 2018 and 2026. Hurray! This is all according to Midia Research’s latest report, which forecasts that global streaming spending will grow from […]

eMarketer claims Spotify US will overtake Pandora by 2021

Last August, research firm eMarketer predicted that Spotify would overtake Pandora to become the most popular (audio) music-streaming service in the US by 2022. Now that company has revised its prediction, in Spotify’s favour. “According to our latest forecast on digital music listeners, Spotify will surpass Pandora in terms of users by 2021—one year sooner than we predicted […]

Report on UK live market has lessons for other countries too

The UK’s Commons Select Committee on Digital, Culture, Media and Sport (DCMS) has published its report on the future for the UK’s live-music industry, suggesting that despite a “boom” in concert and festival attendance, there are “stark challenges” for the market. While the report is focused on this one particular country, we think there are plenty […]

Germany has 9m music subscribers. BVMI boss: ‘Let’s double it’

We wrote about the latest figures from Germany earlier this month: recorded-music revenues fell slightly in 2018, according to industry body BVMI, but it described this as a “steady plateau” as the industry there transitions from physical sales to streaming. Now BVMI boss Dr Florian Drücke has been talking to Music Ally for our latest […]

France recorded-music market grew by 1.8% in 2018

The latest country to declare its recorded-music figures for 2018 is France, through industry body SNEP. It’s positive news too: a third consecutive year of growth, albeit a “modest” 1.8% rise in 2018. “For the first time, the revenue generated by digital has exceeded that of physical sales and now accounts for 57% of global sales,” […]

Report claims label-free artists made $643m in 2018

The IFPI is due to publish its Global Music Report for 2018 next month, but as usual, consultancy firm Midia Research is getting in early with its own estimates – although perhaps in an effort to avoid any tensions with the music body, this year its figures aren’t coming out the same week as the […]

German recorded-music revenues fell slightly in 2018

In lots of countries around the world, the recorded-music industry has bounced back to growth. Last week, for example, the RIAA announced that US revenues grew by 12% in 2018. In the UK, the growth last year was 8.9% according to the BPI and ERA. The story in these countries is that the growth in […]

As streaming grows, so songs appear to be getting shorter

News site Quartz has an interesting article analysing the song lengths on the last few albums by artists including Kendrick Lamar, Drake and Kanye West. Its conclusion: “Popular music is shrinking. From 2013 to 2018, the average song on the Billboard Hot 100 fell from 3 minutes and 50 seconds to about 3 minutes and […]

Research firms publish apps and games market data for 2018

If you’re following the mobile apps and gaming markets, a couple of reports published yesterday will make interesting reading. App Annie has put out its annual ‘The State of Mobile’ report, which claims that across Apple’s App Store, Android’s Google Play and third-party Android app stores in China, there were 194bn worldwide downloads in 2018. […]

Consumer-tech body predicts $398bn of US tech sales in 2019

This week, it’s the Consumer Electronics Show (CES) in Las Vegas. Get ready for a blizzard of new-gadget announcements, from TVs and speakers through to robots and smart toilets. The show’s organiser is industry body the Consumer Technology Association (CTA), and every year it publishes its predictions for tech sales in the year ahead, as […]

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