Home » Jazz News
Trends News
Timely announcements covering new album releases, tours, concert series, special events, job postings, crowdfunding campaigns and more. You can find more news by searching our website, viewing our news stream, seeing what's trending or reading our blog posts. Subscribe to our news RSS feed and/or embed AAJ news content on your website or blog. Learn about our news service here. Submit news here.
Streaming Drives More Music Listening Than Ever Before
Source:
HypeBot
Streaming is driving more music listening than ever before, according to stats crunched by Statista for Business Insider. Total music listening hours have increased during the past few years with streaming music subscribers listening to 4 hours more per week than non-streamers. from Statista via Business Insider But does extra listening lead to more music discovery? Spotify recently shared listener stats that show the average number of artists each listener streams increased 37% from just under 30 artists per week in 2014 ...
Continue Reading
Live Nation Reports Record Results For Q3, Revenue Up 12%
Source:
HypeBot
Promoter Live Nation reported their best quarter for Q3 2017, with record results across revenue, operating income and adjusted operating income. The company reported that revenue was up 12%, operating income was up 5% and AOI was up 10% vs. the same period in 2016, with their concerts, advertising, and ticketing operations all reporting record AOI. Live Nation says their concert business had almost 30 million customers globally for the quarter and through October, they report the sale of more than ...
Continue Reading
Artist Visits To Spotify, Apple Music Illustrate Why Radio Feels Old
Source:
HypeBot
While radio was instrumental for artists working to break a new record, the recent tendency of artists like Pink to eschew terrestrial radio in favor of the offices of Spotify and Apple music shows a new trend in how musicians are choosing to promote their work. Guest post by Bobby Owsinski of Music 3.0 If ever there was a sign that radio is a promotional thing of the past when it comes to breaking a record, Pink recently visited every Spotify office and Apple Music headquarters in ...
Continue Reading
Young Music Consumers Are Still Buying Music
Source:
HypeBot
While the common conception of young music consumers may be that they would never so much as a glance at a CD or pay for a download, some recent stats suggest that young music consumers are just as apt to buy music as any other age group. Guest post by Bobby Owsinski of Music 3.0 By now we’ve been conditioned to the fact that most music consumers, especially the youngest ones, have totally converted to streaming and wouldn’t even think ...
Continue Reading
Independent Music Labels Capture Growing 38.4% Market Share Thanks To Streaming
Source:
HypeBot
A new study commissioned by the Worldwide Independent Network (WIN) looks at the global market share of independent music labels based on copyright, rather than distribution, and reveals a very healthy indie sector on the rise. A new WINTEL 2017 report shows indie labels capturing 38.4% of the global recorded music market. Commissioned by trade group WIN to analyze the global economic and cultural impact of the independent music sector, it was authored by Mark Mulligan of MIDiA Research and ...
Continue Reading
RIAA Releases State Of Music Business Mid-2017: Streaming Subscriptions Drive Revenue Growth
Source:
HypeBot
Amazingly enough, 2017 is halfway gone already which means it's time to take stock of the music industry as a whole, looking at where revenue has increased and how companies have been able to adapt to a rise in the popularity of streaming. Guest post by Cary Sherman, Chairman & CEO of the RIAA on Medium Today we report the state of the U.S. music business mid-way through 2017. Retail revenues for recorded music increased 17%, powered by 30 million music subscriptions and ...
Continue Reading
