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Self-Imposed Music Scarcity In The Digital Era
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HypeBot
Although streaming is the dominant form of music consumption, and seems to be here to stay, many listeners are turning to vinyl-only, or cassette-only record labels to obtain their music. By Glenn Peoples of Pandora Pitchfork has an interesting article today on vinyl-only record labels. They reside in music’s underground but for some people they’re a necessary alternative to digital downloads and streaming. But it’s hard work. Buying and listening to vinyl can be like walking ten miles through the snow ...
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Vinyl Sales Up Another 17%, Used Sales Surpass New
Source:
HypeBot
The growth in of vinyl music sales makes for great headlines. But the vinyl market is really a dual market, according industry analysts MusicWatch- new vinyl sales and used resales. The later, which is the larger market of the two, goes largely ignored by the music industry. The headlines from Buzz Angle’s mid-year music report focused on the growth of on-demand streaming and the carnage surrounding the paid digital download market. Eventually we will turn to everyone’s favorite music topic: ...
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Broadcast Radio Losing Influence As Teens Flock To Streaming And YouTube, Says New "Music And Millennials" Study
Source:
HypeBot
On demand streaming is now the format of choice for 15-19 year olds, according to a new study by the Music Business Association and LOOP, and most of those listeners are coming from broadcast radio. 15-to-19 year olds have embraced on-demand streaming as their format of choice, accounting for 51% of their total listening time on a typical day. That's more than double the overall average of 24%, which includes all age groups, according to the new study “Music & Millennials,” by ...
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A Look At Nielsen Music’s Mid-Year Report: Streaming Explodes • Rock, Country Struggle To Keep Up With R&B/Hip-Hop. Latin
Source:
HypeBot
Nielsen recently released its 2016 mid-year music report and it has some big takeaways. On-demand streaming is exploding. R&B/hip-hop and Latin are surging and Rock and country music need to catch up, says Pandora's Glenn Peoples. By Glenn Peoples, Music Insights & Analytics at Pandora Nielsen Music’s report on the first-half of 2016 is out. The main themes are easy to spot: purchases are tanking and the industry is finally getting and maintaining substantial streaming growth. The highlights: On-demand audio streams jumped ...
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Vinyl May Be Up, But The Album Is Dying
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HypeBot
Although vinyl has seen a slight bump, the album format overall is in a steady and rapid decline, something which artists and the music industry as a whole need to take steps to embrace, rather than continuing to create a product which is irrelevant to modern audiences. Guest Post by Bobby Owsinski on Music 3.0 The music business was once all about the single song, transitioned to the album, and looks to be transitioning back again, as album sales sink ...
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U.S. Music Consumption Up 6.5%, On-Demand Streams Grew 58% [BuzzAngle Music Mid-Year Report]
![U.S. Music Consumption Up 6.5%, On-Demand Streams Grew 58% [BuzzAngle Music Mid-Year Report]](https://s3.amazonaws.com/allaboutjazz/photos/news/6gMdECNL_400x400.png)
Source:
HypeBot
After year's of down numbers, the music industry is finally starting to rebound. Thanks to music streaming, the pace of expansion is accelerating, despite a growing downturn in music sales. U.S. music consumption grew nicely during the first half of 2016, even as sales of most formats declined, according to a new mid-year data from BuzzAngle Music. With the pace of audio streaming more than doubling over the same period in 2015, total music consumption was up an impressive 6.5%. ...
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You Have To Look At These Two Spotify Charts - Is The The Future Of Streaming Music
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HypeBot
New information regarding Spotify's financials shows that it still remains the front runner in the ongoing streaming wars, but also reveals that it may face trouble from rising rights costs and a drop in the average profit per user. By Mark Mulligan of MiDiA and the Music Industry Blog Tuesday’s media scrum around Spotify’s financials illustrate that whatever ground Apple and Tidal may have made in recent months, Spotify clearly remains the poster child / bellwether for streaming. The stories oscillated between ...
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Back To The Future: Old Music Is Selling More Than New Music
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HypeBot
Out with the new in with the old! According to recent study, 2015 saw catalog sales edging out new releases, in spite of the release of commercial heavy hitters like Adele's 25. Guest Post by Bobby Owsinski on Music 3.0 Nielsen's latest music report is out and, as always, it's very revealing about what we listen to in the U.S. Perhaps it's biggest revelation is that, for the first time, old music (known as catalog sales) outsold new music in 2015. Catalog ...
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