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Trends

Music Festival Culture Is Now Playlist Culture [Cherie Hu]

Music Festival Culture Is Now Playlist Culture [Cherie Hu]

Source: HypeBot

In this article, Cherie Hu explores how music festivals have adapted to the rise of playlist culture, through partnerships with streaming services and even the way in which festivals market themselves to fans. Guest post by Cherie Hu on Forbes LAS VEGAS, NV- SEPTEMBER 23: Fans attend the Daytime Village Presented by Capital One at the 2017 HeartRadio Music Festival at the Las Vegas Village on September 23, 2017 in Las Vegas, Nevada. (Photo by David Becker/Getty Images for iHeartMedia ) ...

Trends

Best Buy Ends CD Sales, Target Demands New Terms

Best Buy Ends CD Sales, Target Demands New Terms

Source: HypeBot

CD sales fell 18.5% last year, as steaming became the dominant format for more and more U.S. consumers. But this substantial decline could accelerate as Best Buys says it will stop selling all CDs; and Target will reportedly follow suit, unless labels agree to more favorable terms. Best Buy has told labels that it will stop selling CDs in July, Billboard reports. While a fraction of its former self, the once dominate retailer still sold $40 million CDs annually, according ...

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Trends

Why Digital Music (And Not Just Streaming) Is Booming

Why Digital Music (And Not Just Streaming) Is Booming

Source: HypeBot

In this piece music industry vet Seth Schachner weighs in on how he's seen the music industry change over the years, and how it's managed to crawl back from the precipice of destitution thanks to the rising of digital music. Guest post by Seth Schachner from Medium Dropping into a flashy, raucous major label event at the Latin Grammys in Las Vegas recently, I felt like I’d landed on a new planet. I didn’t see ice sculptures, giant dessert towers, or sushi ...

Trends

3 Factors Shaping The Music Industry In 2018

3 Factors Shaping The Music Industry In 2018

Source: HypeBot

With 2017 already having been a busy and reformative year for the music industry, 2018 looks to be headed in a similar direction. Here we visit three important factors which will have a major effect on the industry in the coming year. Guest post from the Royalty Exchange blog Last year was a transformative one for both Royalty Exchange and the music business at large. We’re not big on milestone-type posts, but allow us to share a few internal numbers for the sake ...

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Trends

Is The End Of The MP3 Era Nigh?

Is The End Of The MP3 Era Nigh?

Source: HypeBot

While MP3s have been falling by the wayside of music consumption for some time, there are new reports out that Apple is planning to shorten its timetable for killing off the MP3 download component of its iTunes Store. Guest post by Bobby Owsinski of Music 3.0 Reports are that Apple is moving up its timetable for killing the MP3 download from its iTunes Store to later this year. Originally the company was planning on next year for end-of-life, but have accelerated the schedule thanks to ...

Trends

Virtual Reality And Beyond: The Future Of Music Experiences

Virtual Reality And Beyond: The Future Of Music Experiences

Source: HypeBot

As virtual reality technology continues to grow and develop, becoming increasingly accessible to consumers, its convergence with music is creating a number of exciting opportunities in the industry. Guest post by Jen Sako of The Music Development Agency Virtual Reality is bringing us exciting, new technology and the way it is being incorporated with music is groundbreaking.  If you’ve ever spent any time wondering how you can make your imagination a reality (and who as an artist hasn’t?), you’re this close to ...

Trends

Music Consumption Trends and What They Mean

Music Consumption Trends and What They Mean

Source: HypeBot

As we dive into 2018, it's important to take a look back at some of the music consumption data from last year which shows an unsurprising bump and streaming, as well a rise overall. Guest post by Bobby Owsinski of Music 3.0 As we enter into the new year, it’s sometimes useful to look back at the previous year to discover what the trends were. Nielsen Music posted it’s music consumption figures for 2017 and a number of things became pretty evident ...


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