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Consumers Worldwide Still Listen To A Lot Of Music Says IFPI Study

Consumers Worldwide Still Listen To A Lot Of Music Says IFPI Study

A new report from the IFPI has confirmed suspicions that, yes, a lot a of people are listening to a lot of music, a lot of the time. While this may not be much of a surprise, the annual report does provide some interesting additional data on when and where listeners across the globe are consuming ...

Bittorrent Traffic Suddenly Rising In Traffic Share Thanks To Streaming Fragmentation

Bittorrent Traffic Suddenly Rising In Traffic Share Thanks To Streaming Fragmentation

For a long time it looked as though the popularity of legal streaming services would be able to curb online piracy, but as streaming offerings continue to diversify, and more of the services continue to release their own original programming, the a la carte option of Bittorrent has seen a resurgence. Guest post by Timothy Geigner ...

On-Demand Streaming To Have 19.8% Compound Annual Growth Through 2026 [PMR Analysis]

On-Demand Streaming To Have 19.8% Compound Annual Growth Through 2026 [PMR Analysis]

On-demand streaming will have 19.8% compound annual growth rate (CAGR) through 2026, according to an new analysis by PMR.  YouTube and its massive audience remains the wild card. Will more YouTube users pay for music- including via its own recently launched subscription service- or are it and Spotify's free service enough? “The North America music streaming ...

Eventbrite Stock Up 60% In Market Debut

Eventbrite Stock Up 60% In Market Debut

Concert and event ticketing platform Eventbrite stick soared as much as 70% during its Thursday IPO.  Eventbrite shares had been priced $23 but at opened at $36 and climbed as high as $39.30 before ending the day up 59% at $36.50 per share. The self-service Eventbrite platform is popular with smaller venues and promoters, and its ...

How Teens Influence Music Industry Trends in 2018

How Teens Influence Music Industry Trends in 2018

While the constant connectedness of today's youth has been well established, just what impact that has on the music industry is somewhat less well documented. One thing which is certain however is the popularity of music videos among the younger demographic, leading to what some are calling the ressurection of the MTV generation. Guest post from ...

BMI Has Record Year, Revenue Tops $1B, Digital Up 32%

BMI Has Record Year, Revenue Tops $1B, Digital Up 32%

BMI has reported record revenue of $1.199 billion for the fiscal year ending June 30th. The PRO distributed and administered a record $1.118 billion in royalties to its songwriters, composers and publishers, an increase of $95 million, or 9% higher than the previous year. The $1.118 billion in total distributions includes domestic and international royalties, as well ...

Concert Revenue Hits Record High, But Not Because Of More Tickets Are Sold

Concert Revenue Hits Record High, But Not Because Of More Tickets Are Sold

For artists at the top tier of the industry, it's a good time to be touring, with concerts in the first half of 2018 bringing in a record amount of money. Unfortunately, this extra load of cash doesn't appear to be result of more tickets selling. Guest post by Bobby Owsinski of Music 3.0 If you’re ...

Teen Social Media Cord Cutting - Should It Worry The Music Industry?

Teen Social Media Cord Cutting - Should It Worry The Music Industry?

Adults have been anxious about the smartphone usage of youths for some time, and it appears teens themselves are jumping on the concern train, with more than half of teenagers feeling they spend too much time on their phones. This raises the question, however, will efforts to combat this tech addiction help or hurt the music ...

Discogs Analysis Shows Continued Vinyl, Cassette Growth

Discogs Analysis Shows Continued Vinyl, Cassette Growth

Discogs has released their 2018 Mid-Year Marketplace Analysis & Database Highlights. The report emphasizes physical musical sales for both catalog and new releases, comparing them to broader industry stats from Neilson. The Discogs Mid-Year Marketplace Analysis compares data from the Nielsen Music Mid-Year Report offering a unique comparison of Nielson's B2C and online music marketplace Discogs' data, ...