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Bittorrent Traffic Suddenly Rising In Traffic Share Thanks To Streaming Fragmentation
Source:
HypeBot
For a long time it looked as though the popularity of legal streaming services would be able to curb online piracy, but as streaming offerings continue to diversify, and more of the services continue to release their own original programming, the a la carte option of Bittorrent has seen a resurgence. Guest post by Timothy Geigner of TechDirt When it comes to the type of traffic the content industries are worried about regarding piracy, the present is no longer the ...
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On-Demand Streaming To Have 19.8% Compound Annual Growth Through 2026 [PMR Analysis]
![On-Demand Streaming To Have 19.8% Compound Annual Growth Through 2026 [PMR Analysis]](https://s3.amazonaws.com/allaboutjazz/photos/logo/hypebotlogo2015.jpg){kind=logo}
Source:
HypeBot
On-demand streaming will have 19.8% compound annual growth rate (CAGR) through 2026, according to an new analysis by PMR. YouTube and its massive audience remains the wild card. Will more YouTube users pay for music- including via its own recently launched subscription service- or are it and Spotify's free service enough? “The North America music streaming market is expected to dominate the global music streaming market due to high adoption of digital music in the U.S., availability of resources for ...
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Eventbrite Stock Up 60% In Market Debut
Source:
HypeBot
Concert and event ticketing platform Eventbrite stick soared as much as 70% during its Thursday IPO. Eventbrite shares had been priced $23 but at opened at $36 and climbed as high as $39.30 before ending the day up 59% at $36.50 per share. The self-service Eventbrite platform is popular with smaller venues and promoters, and its Ticketfly platform is one of the most aggressive alternatives to Ticketmaster. The Eventbrite IPO is one of the biggest opening-day gains in recent months. ...
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How Teens Influence Music Industry Trends in 2018
Source:
HypeBot
While the constant connectedness of today's youth has been well established, just what impact that has on the music industry is somewhat less well documented. One thing which is certain however is the popularity of music videos among the younger demographic, leading to what some are calling the ressurection of the MTV generation. Guest post from Soundfly's Flypaper The fact that most young people spend a large chunk of their day on the internet is old news — as of ...
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BMI Has Record Year, Revenue Tops $1B, Digital Up 32%
Source:
HypeBot
BMI has reported record revenue of $1.199 billion for the fiscal year ending June 30th. The PRO distributed and administered a record $1.118 billion in royalties to its songwriters, composers and publishers, an increase of $95 million, or 9% higher than the previous year. The $1.118 billion in total distributions includes domestic and international royalties, as well as royalties from direct deals that BMI administers on behalf of its publishers. Distributions from these direct deals totaled $53 million, a $17 million ...
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Concert Revenue Hits Record High, But Not Because Of More Tickets Are Sold
Source:
HypeBot
For artists at the top tier of the industry, it's a good time to be touring, with concerts in the first half of 2018 bringing in a record amount of money. Unfortunately, this extra load of cash doesn't appear to be result of more tickets selling. Guest post by Bobby Owsinski of Music 3.0 If you’re an A-list artist then times are very good for you. According the recent Pollstar mid-year report, the top 50 best selling tours in the first half ...
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Teen Social Media Cord Cutting - Should It Worry The Music Industry?
Source:
HypeBot
Adults have been anxious about the smartphone usage of youths for some time, and it appears teens themselves are jumping on the concern train, with more than half of teenagers feeling they spend too much time on their phones. This raises the question, however, will efforts to combat this tech addiction help or hurt the music business? Guest post by Bobby Owsinski of Music 3.0 We all spend an enormous amount of time online these days and for many of ...
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