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Trends

Streaming Revenue Could Surpass Live Income For Many Artists, says Mark Mulligan

Streaming Revenue Could Surpass Live Income For Many Artists, says Mark Mulligan

Source: HypeBot

"Do not assume that we have arrived at your destination," writes music industry analyst Mark Mulligan, referring to live music rather than recordings as the primary income driver for most musicians and the industry. “Add together all the pieces and you start to create an environment in which artists can see a more immediate direct return from streaming." By Mark Mulligan of MIDiA Forbes has released its annual Celebrity 100, its list of the top earning media stars. The healthy share ...

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Trends

Spotify Shares "How Students Listen 2017" [Eliot Van Buskirk]

Spotify Shares "How Students Listen 2017" [Eliot Van Buskirk]

Source: HypeBot

In addition to learning, expanding personal horizons and developing a plan for post student life, college is also a place where many shape their musical identities. Eliot Van Buskirk of Spotify Insights has taken a deep dive into how students listen and shared it via an interactive microsite. Guest post by Eliot Van Buskirk of Spotify Insights College is about learning, learning how to learn, and expanding horizons before they narrow into careers and other trappings of post-student life. Universities are also places where people form ...

Trends

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

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

Source: HypeBot

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 the many shifts on display this week: Hi Res Music Streaming Has Arrived During several panels and more informal discussions, Hi Res music streaming ...

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Trends

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

Source: HypeBot

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 For any of the entrenched entertainment players seated comfortably in their lofty offices, quite used to counting stacks of money and calling it a ...

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Trends

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

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

Source: HypeBot

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 Watch The US Recorded Music industry is showing signs of recovery following a decade of mostly disappointing economic news. As reported by the RIAA, ...

Trends

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

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

Source: HypeBot

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 primarily by a 41% increase in revenues from audio streaming services as well as higher revenues from satellite radio and general licensees, such as ...


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