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Music Ally's 2013 Survival Panel Looks to the Future of the Music Industry
Music Ally held an end of year gathering discussing what's ahead for the UK music industry in 2013. The gathering included a panel discussion with individuals from such companies and organizations as Universal Music, the Featured Artists Coalition and Seatwave representing multiple sectors of the industry. They shared a variety of insights into the days ahead. ...
Despite Free Streaming, Music Remains Popular Holiday Gift [study]
Despite the rising popularity of Pandora, Spotify, Rhapsody and other options for streaming music, digital music downloads and CD's continue to be a popular gift choice, according to an NPD Group study. This year 12 percent of U.S. consumers reported that music would be on their holiday gift lists. Music gift buyers also intend to increase ...
Data Science and the Music Industry: What Social Media Has to Do with Record Sales
Guest post by Liv Buli and Victor Hu for sidewinder.fm, a music and tech think tank. Buli and Hu work for Next Big Sound, a music analytics company. Twenty years ago, as a music fan, you would hear a song you enjoyed on the radio, head to the record store to buy the album and wait until the ...
File-Sharers Buy 30% More Music Than Non-Sharers [Study]
While intuitively it makes sense to believe that music pirates are largely out to hoard large collections of free content, a comprehensive new study reveals that file-sharers in the United States tend to purchase more music than non-file-sharers. The findings come from a new report entitled “Copy Culture in the USA and Germany," conducted by The ...
"Data is the New Hustle" - Is the Music Business Getting Any Fairer?
During last Tuesday's SF MusicTech Summit, I had the privilege of moderating a panel alongside several top minds within music and technology, where a short, yet powerful quote was said that resonated deeply with myself and several members of the audience. “Data is the new hustle," pronounced BitTorrent's Executive Director of Marketing Matt Mason. The traditional ...
Top 20 Countries with the Most Illegal Music Downloads
As the piracy saga continues with the “six strikes“ initiative coming soon to the United States and news that BMG is looking to cash in on $20 settlements with alleged file sharers, it's worth taking a look at just how big illegal file sharing really is these days. According to data collected by the monitoring firm ...
Global Digital Music Market Expected to Grow 15% Annually
According to the global analyst firm Ovum, the global digital music market is expected to grow at 15% annually, reaching nearly $22.5 billion by 2017. Subscription services are said to be in large part responsible for the growing revenues, predicted to show a compound annual growth rate (CAGR) of 46%, stemming from bundling partnerships with service ...
Throwback: Beck Encourages Digital Fans to Engage with Analog Music
Last week, Beck announced that his new album wouldn't be released as a digital download, nor as a CD or a vinyl. Rather, the album Beck Hansen's Song Reader will be released in December entirely as individual pieces of sheet music by the publishing house McSweeney's. While the idea of releasing songs as sheet music is ...
Streaming Contibutes 25% to Warner Music Group's Digital Bottom Line
It's no secret that streaming services like Spotify and Pandora account for relatively little of an artist's revenue stream. In fact, yesterday we showed you how Zoe Keating earned a mere $300 from Spotify during a five month period, compared to $45,000 from iTunes sales in the same time-frame. However, streaming services do seem to be ...
70 Percent of All Music Piracy Happens Offline...
The FBI can't raid this problem, you can hardly track it! In fact, most music fans would hardly call it piracy, yet offline sharing actually eclipses online sharing when it comes to the acquisition of music. The slide comes from an RIAA presentation leaked to Torrentfreak, with researcher NPD Group breaking out the ...
