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Record Store Day 2018 Break Sales Records (pun intended)
Source:
HypeBot
Record Store Day 2018 broke many sales records and proved that U.S. vinyl sales are not tapering off any time soon. The 733,000 LPs sold during Record Store Day week 2018 set an all-time high, according to Nielsen Music. Independent record stores set other all-time Record Store Day week highs including Vinyl LPs sold, at 580,000; industry share of physical album sales in a week, at 39%; and total albums sold (all formats), at 799,000 albums, the highest non-holiday week ...
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What Smart Speakers Mean For Music, The Music Industry [Stuart Dredge]
![What Smart Speakers Mean For Music, The Music Industry [Stuart Dredge]](https://s3.amazonaws.com/allaboutjazz/photos/news/be691ed7a34e57c1991d2914cc7a5a9b.jpg)
Source:
HypeBot
Stuart Dredge explores how the new hardware category of the smart speakers is transforming the music landscape and what the technology's rise could mean for the future of music and the music industry. Guest post by Stuart Dredge of Music Ally, originally appearing on Medium. Join Stuart and Music Ally at their Sandbox Summit NYC music-marketing conference in New York on 25 April [This is an edited version of a speech I gave at the recent Everybody’s Talkin’ event organised by British music industry bodies ...
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Amazon Music Subscriptions Doubled In Last 6 Months
Source:
HypeBot
Amazon Music has “tens of millions" of paying users and Amazon Music Unlimited subscriptions having more than doubled in the last six months, according to Steve Boom, VP Of Music. Amazon Music is included in all Amazon Prime subscriptions, but Music Unlimited is an add-on service. As is generally Amazon policy, the executive did not share exact numbers, but its music services are believed to trail only Spotify and Apple in U.S. users. Driving much of the growth is the boom ...
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Smart Speakers Will Drive Music Consumption, Industry Growth says New Report
Source:
HypeBot
A new report authored by Music Ally's Stuart Dredge for label trade BPI and the Entertainment Retailers Association [ERA] looks at how voice-controlled smart speakers are transforming how fans engage with music. The new report, “Everybody’s Talkin’ – Smart Speakers and their impact on music consumption” looks at how this new technology is driving the next wave of music consumption, fuelling further growth in streaming and subscriptions while also establishing a new e-commerce platform for sales of physical product. 48% of smart ...
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NME and The Accelerating Decline Of Print Publications
Source:
HypeBot
Venerable music industry magazine NME announced the end of its print edition last week, following in the fated footsteps of many similar publications. It's demise was inevitable, says analyst Zach Fuller of MiDIA, in large part because the print advertising apocalypse is gathering speed. Guest post by Zach Fuller of MiDIA To paraphrase a proverb on the inevitability of change, ‘It is astonishing how long things can continue and how quickly they can fall’. The NME’s swift announcement of a ...
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Americans Listen To 200 Billion Minutes Of Audio Weekly
Source:
HypeBot
A new set of data from Nielsen has revealed that the average US dweller is listening to a massive amount of audio on weekly basis, although not all of it seems to be coming from sources which you might expect. Guest post by Bobby Owsinski of Music 3.0 Ever wonder how much we listen to audio programming in a given week. Nielsen Research actually keeps track of this and has some very interesting data that shows that Americans. listen to a tremendous ...
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