Music Industry News

Music Still Ranks Behind Video Among Quarantiners — But What Happens to Subscriptions?

Photo Credit: Glenn Carstens-Peters Music streaming during quarantine is on the decline, but what about subscriptions? A new report entitled, “COVID-19: Tracking the Impact on the Entertainment Landscape” conducted by Nielsen Music provides some clues. 60% of the U.S. population is engaging more with entertainment media than before lockdown. 24% of people responding to the […]

Music Industry News

Music Streaming Is Actually Declining – According to Preliminary Data

Photo Credit: Unsplash As the world copes with the COVID-19 outbreak through self-isolation, music streaming is down. A data analytics firm is reporting that music streaming in the United States is down. The week of March 13 – 19, when most states began self-quarantine calls, music streaming dropped 7.6%. Programmed streams dropped 9%, while on-demand […]

Music Industry News

Is the Music Industry Working With Incomplete Data? WARM Says the Radio Picture Is Glaringly Absent

photo: Atik Sulianami Back in 2015, WARM founder & CEO Jesper Skibsby managed Few Wolves, a two-piece Danish act. Under Skibsby’s direction, Few Wolves signed a contract with a major record label and released two singles: “Smile” and “Never Know,” both of which, admittedly, didn’t live up to commercial expectations. In the wake of this […]

Music Industry News

Media Streaming Poised to Spike 60 Percent Amidst Coronavirus Pandemic

(photo: Sara Kurfeß) With a significant portion of the United States and the world remaining indoors due to the coronavirus (COVID-19) pandemic, media streaming—including television, movies, music, and more—is expected to increase by approximately 60 percent, according to a recent study. Nielsen conducted the corresponding survey, which emphasized that a streaming uptick of 60 percent […]

Music Industry News

2019’s US-Based Streaming Music Market Was Larger Than the Entire Recorded Music Market in 2017

RIAA breakdown of 2019 streaming revenues, part of its broader recorded music market report. According to a detailed report shared this (Tuesday) afternoon by the Recording Industry Association of America (RIAA), 2019 brought a substantial uptick in US-based music industry revenue. Streaming catapulted the double-digit gains; the format is now larger than the entire US-based […]

Music Industry News

Millennials Are Twice as Likely to Listen to Albums Than Boomers — Seriously

Photo: Florencia Viadana Millennials — not Baby Boomers — are the biggest listeners of albums, according to a recent study. According to a study conducted by Deezer, millennials are two times likelier than baby boomers to play albums.  8,000 music fans — an even number of American, Brazilian, French, and German individuals — were interviewed […]

Music Industry News

Universal Music Starts an In-House Data Division to ‘Gain an Edge’

Universal Music UK has announced that it is launching a new division that will focus on data science, research, and strategy. The new division is being called The Square, and will operate out of the company’s London headquarters. Its managing director will be Jack Fryer. Previously, Fryer was the senior director of strategic planning at Universal Music […]