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Music Biz 2017: Mood Swings, Merch, Hi Res Streaming & More

Music Biz 2017: Mood Swings, Merch, Hi Res Streaming & More

The mood at Music Biz 2017 in Nashville this week was almost ebullient.  After a multi-year downturn, things are finally looking up, really up.  And the diverse attendees—ranging from labels large and small to artists and managers to streamers and tech, all sense that a new and perhaps bigger music business is emerging. Here are two of ...

New Survey Says Millennials Pay For Streaming Services And Use Pirate Streams When Content Isn't Legally Available

New Survey Says Millennials Pay For Streaming Services And Use Pirate Streams When Content Isn't Legally Available

In a further sign of change coming to the music industry, a new survey has revealed that millennials, and those younger, while willing and happy to pay for streaming services, are also more than happy to access the content they want on pirate streaming sites should it be unavailable elsewhere. Guest post by Timothy Geigner on Techdirt ...

Streaming May Have Slowed Piracy, But It Certainly Hasn't Stopped It [CHART]

Streaming May Have Slowed Piracy, But It Certainly Hasn't Stopped It [CHART]

The convenience of streaming has unquestionably slowed music piracy. But it certainly has not stopped it. According to a late 2016 study by Ipsos for the IFPI which surveyed 12,600 internet users in 13 countries, more than 1/3 said they had still accessed copyright infringing music over the previous 6 months. And how they're pirating music has ...

Fans Have A Growing Willingness To Actually Pay For Music [MusicWatch]

Fans Have A Growing Willingness To Actually Pay For Music [MusicWatch]

Music fans are showing a growing willingness to actually pay for music, and that is helping to drive the current growth in the recorded music industry. In fact, the value of those fans grew 11% last year driven by tens of millions of $10 per month on-demand subscriptions, according to MusicWatch’s Annual Music Study. By Russ Crupnick of Music ...

ASCAP Reports Record $1B Revenue Fueled By 41% Increase In Streaming Income

ASCAP Reports Record $1B Revenue Fueled By 41% Increase In Streaming Income

ASCAP has announced the collection of record-high revenues of $1.059 billion in 2016 and distributed more than $918 million to its songwriter, composer and music publisher members.  Distributions were up 5.6% over the prior year. Revenues from ASCAP’s licensing efforts in the U.S. grew nearly 6% in 2016 to $759 million, up $42.2 million over 2015, fueled ...

Apple Music Had 20% More Users Last Month Than Spotify or Pandora

Apple Music Had 20% More Users Last Month Than Spotify or Pandora

90 day free trials helped Apple Music amass 20% more unique monthly users in the U.S. in February than Spotify or Pandora, says a new just released study by Verto Index. Apple Music had 40.7 million monthly unique users in the U.S. last month, according a new study, That compares to 36.2 million users for Pandora and ...

Streaming Now Generates More Revenue For Music Industry Than Downloads, Physical Combined

Streaming Now Generates More Revenue For Music Industry Than Downloads, Physical Combined

Double digit growth in streaming in 2016 meant that Spotify, Apple Music and their competitors now account for 51.4% of all U.S. music revenue. Digital downloads were 24.1% in 2016 and physical was 21.8% of total revenue. This marks the first time since 1998 that the industry has posted back-to-back years of double-digit growth. These milestones were ...

Growth Slows In Italy's Recorded Music Market

Growth Slows In Italy's Recorded Music Market

While streaming and vinyl were both bright spots for the sector, growth in Italy's music market appears to have stalled, growing by just 0.4% in 2016. Overall, the market was worth €149m in 2016, according to figures collected by accounting firm Deloitte for trade association Federation Industria Musicale Italiana, (FIMI). The decline of physical product, which remains ...

iHeartRadio Passes 100M Users, Adding 10M In Just 7 Months

iHeartRadio Passes 100M Users, Adding 10M In Just 7 Months

iHeartRadio announced this morning that it has more than 100 million registered users, up 10 million from just seven months ago. The milestone comes on the heels of its launch of a new on-demand music services in January. iHeartRadio, iHeartMedia’s digital music, podcasting and live streaming radio service, today announced it had passed 100 million registered ...


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