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5 Big Takeaways From IFPI's Music Listening Report 2019

5 Big Takeaways From IFPI's Music Listening Report 2019

IFPI, the global recorded music trade organization, today released its Music Listening 2019 report, which surveys how music consumers 16-64 engage with recorded music across 21 countries. Here are five big takeaways. The IFPI Music Listening report has been published in previous years under the title IFPI Music Consumer Insight Report. 5 IFPI Report Highlights 1. Podcasting is not cutting into music listening... yet.  In 2019, respondents typically spent 18 hours per week listening to music – up from 17.8 ...

95% Of U.S. Latin Music Revenue Comes From Streaming, says RIAA Report

95% Of U.S. Latin Music Revenue Comes From Streaming, says RIAA Report

A new RIAA report shows that in the first half of 2019, the U.S. Latin music business continued to grow at a double-digit pace. By mid-year 2019, Latin music revenues grew 13.5% to $232 million at estimated retail value versus the prior year. That builds on three consecutive years of growth through the end of 2018. Total Latin streaming revenues grew 17% to $220 million, accounting for 95% of the Latin music market. “The U.S. Latin music market is continuing ...

Discogs Mid-Year Survey Shows Surprising Surge In CD Sales

Discogs Mid-Year Survey Shows Surprising Surge In CD Sales

Music marketplace Discogs has released its Marketplace Analysis & Database report for the first half of 2019 and it revealed some surprising data about online music retail. The report showed the continued popularity of the vinyl format with consumers, with sales rising 3.03% year-over-year with over 4.3 million records purchased. More surprisingly, the data compiled in the report suggests that the demise of the compact disc has perhaps been exaggerated with the format seeing growth of 23.6% for the first ...

6 Music Business Trends You Need To Pay Attention To

6 Music Business Trends You Need To Pay Attention To

Music manager Jake Udell shares six insights gleaned from a recent dinner hosted by the music/tech investment group Raised in Space and attended by several music industry heavy-hitters, as well as exploring what they can tell us about the future of the music business. Guest post by music manager Jake Udell of Art of Manager I had the pleasure of attending a dinner hosted by Raised in Space last night. It was the most well-organized event of its size I’ve been to ...

U.S. Music Streaming Revenue Tops $8 Billion, Up 33%

U.S. Music Streaming Revenue Tops $8 Billion, Up 33%

On-demand music services including Apple Music, Pandora and Spotify will top $8 billion in revenue in the U.S. this year, up 33% as increased adoption of products like wireless earbuds and smart speakers help drive more music subscriptions, according to a new Consumer Technology Association survey. The growing popularity of music and video streaming services, artificial intelligence (AI)-enabled emerging devices and in-vehicle technology will help drive the U.S. consumer tech industry to a record-breaking $401 billion in retail revenues in ...

Revenue For Unsigned Artists Grew 35% Last Year

Revenue For Unsigned Artists Grew 35% Last Year

\A new study from MIDiA Research and indie distributor Amuse shows that independent artists are the fastest-growing segment of the global recorded music business, the beginning of what may be the biggest paradigm shift within the music business in decades. The survey of 250 musicians globally offers a snapshot of how artists without labels make money, as well as their career aspirations. Key Findings Artists without record labels generated $643.1 million in 2018, up 35% from 2017. Independent artists represent ...

US Streaming Growth Is Slowing, But That's Not A Bad Thing

US Streaming Growth Is Slowing, But That's Not A Bad Thing

Streaming growth is slowing down in the US according to the Nielsen Music Mid-Year Report.  But don't hit the panic button, writes Bobby Owsinski, There's still plenty of room for growth worldwide. By Bobby Owsinski of Music 3.0 The latest Nielsen Music Mid-Year Report shows that streaming has actually dropped by 5% in the U.S., which is causing some unneeded panic to occur in some sectors of the music business. With streaming growth predicted to continue for the next 10 years, any sign of ...

Albums Still Have Some Value According To Nielsen Music Mid-Year Stats [Bobby Owsinski]

Albums Still Have Some Value According To Nielsen Music Mid-Year Stats [Bobby Owsinski]

Even a casual industry observers know that album sales haven't been what they used to be, although some new numbers out from a Nielsen Report reveal that, even in the height of the streaming age, there is still some value in album sales, particularly if you belong to the music industry 1%. Guest post by Bobby Owsinski of Music 3.0 You’ve heard a lot about the decline of the album, and while there’s still some value there, it continues to ...

When, How Music Matters To Gen Z [Infographic]

When, How Music Matters To Gen Z [Infographic]

In this piece, Chris Robley looks at an interesting new study from Spotify investigating the listening habits of those under 25, which reveals some curious new stats on how Generation Z is consuming music. Hint: They're into the sad stuff. By Chris Robley from CD Baby's DIY Musician blog The listening habits of people under 25. Spotify created an infographic showing cultural and music-consumption trends among an “empowered, multinational, cross-cultural, socially aware, and informed group of 15- to 24-year-olds who speak their ...

Is Classical Music Streaming's Next Big Genre? [Mark Mulligan]

Is Classical Music Streaming's Next Big Genre? [Mark Mulligan]

Streaming is introducing a larger and more diverse audience to classical music. “These new audiences bring with them new expectations about what classical music listening should be like and they present a major new opportunity for the classical market," writes Marl Mulligan. By Mark Mulligan of MIDiA and the Music Industry blog. Classical music has long been viewed by many as a rarified genre that stands apart from other forms of music. While there is clearly something in that, something ...


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