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.
Discogs Analysis Shows Continued Vinyl, Cassette Growth
Source:
HypeBot
Discogs has released their 2018 Mid-Year Marketplace Analysis & Database Highlights. The report emphasizes physical musical sales for both catalog and new releases, comparing them to broader industry stats from Neilson. The Discogs Mid-Year Marketplace Analysis compares data from the Nielsen Music Mid-Year Report offering a unique comparison of Nielson's B2C and online music marketplace Discogs' data, which includes C2C re-sales. Mid-Year Highlights: Nielsen Music is reporting that physical album sales are down again for 2018 (-14.6%), while Discogs’ Marketplace sales ...
Continue Reading
Musicians Income Rises Even As Streaming Takes Its Toll
Source:
HypeBot
The music industry is undergoing a major resurgence as measured by all indicators except one, according to an extensive study published by Citi GPS. Left behind are the musicians, whose creations make the rest of the music industry possible, but who are receiving less than 12% of the annual revenue. While the music industry is booming, that revenue is not trickling down creators. U.S. musicians earn about $5 billion annually, according to a new Citi GPS analysis. That's an impressive ...
Continue Reading
R.I.P. Six Strings: Is The Death Of The Electric Guitar Near?
Source:
HypeBot
Fred Jacobs surveys market trends of the past several years, many of which (including the bankruptcy of Gibson) point to the dwindling popularity of that most iconic of instruments, the electric guitar. Guest post by Fred Jacobs of Jacobs Media Strategies Disruption impacts virtually every business and platform – including the guitar. Over the past couple of years, a possible trend signaling the decreasing influence of the electric guitar appears to be emerging. The trend toward electronic music, Gibson Guitars recently ...
Continue Reading
Streaming Is Now 75% Of U.S. Music Consumption [CHART]
Source:
HypeBot
There were 403 billion on-demand music streams (video + audio streams) in the United States in the first half of 2018, according Nielsen’s 2018 Mid-Year Music Report. Using the industry standard of 1500 streams equals one album sold, that means nearly 270 million albums sold in the last six month. As this Statista chart illustrates, streaming now accounts for 75% of music consumption in the U.S. compared to physical and digital music sales, up from 50% in the first half ...
Continue Reading
Average Musician Is Earning Less Than Ever [New Study]
Source:
HypeBot
In some unfortunate although perhaps not surprising recent news, a new study has revealed that, apart from those operating at the top rung of the business, the average musician is now pulling down less income from their work than ever before. Guest post by Bobby Owsinski of Music 3.0 I don’t think that anyone would deny that, unless you’ve reached the top rungs of the business, being an everyday musician is a tough job. The problem is that it seems ...
Continue Reading
Sony Predicts Growth Slowdown For Music Industry
Source:
HypeBot
The recorded music industry has been on the up and up for the past few years, seeing double digit growth thanks to the magic of streaming. As with so many good things, however, doomsayers at Sony are predicting this precipitous growth will soon come to an end. Guest post by Bobby Owsinski of Music 3.0 The last few years have gone better than expected for the recorded music industry, with double digit growth and lots of smiles to go around. ...
Continue Reading
24,000 Tracks Uploaded To Music Streamers Every 24 Hours
Source:
HypeBot
20,000 to 24,000 tracks are uploaded to Spotify, Apple Music, Napster and other streaming music service every 24 hours. That's 1 million tracks every 6 weeks. Let's that number sink in for a moment and imagine how hard it is to break through that much clutter. In March, Spotify CEO Daniel Ek shared that 20,000 tracks are uploaded to Spotify every 24 hours. Last week at Midem, Bill Patrizio, President and CEO of Rhapsody International/Napster said that his streaming service ...
Continue Reading
Google Home Smart Speaker Sales Soar, Great News For YouTube Music
Source:
HypeBot
Two analysis of the smart speaker market paint a somewhat different picture. But both point to two trends: smart speaker sales are soaring and Google Home smart speakers are gaining ground on Amazon. That's good news for all music streamers, particularly YouTube Music. A new Strategy Analytics survey concluded that Amazon shipped 4 million Echo speakers for a 43.6% market share globally in Q1 2018 and Google shipped 2.4 million Google Home speakers to capture a 26.5% market share. But ...
Continue Reading
