Musicians only received 12% of the music industry’s $43 billion revenue in 2017

Musicians only received 12% of the music industry’s $43 billion revenue in 2017+pdf

  Photo via Broke Ass Stuart As in the film industry, streaming platforms have become the norm in the music business. Subscription streaming services have already eclipsed CDs in terms of sales, and at one point, Spotify was actually worth more than the music industry as a whole. While such online platforms offer customers convenience coupled with cheaper prices, it’s undoubtedly transformed the structure of the industry’s revenue system and the way in which artists make ends meet. Musicians have […]

Napster is profitable… but its revenues are falling

Napster is profitable… but its revenues are falling

A profitable pureplay music-streaming service? Don’t fall off your chair in wonder at the thought. Napster is the company in question: it reported a net profit of $4.4m for the first quarter of 2018, compared to a net loss of $5.6m in the corresponding quarter of 2017. That’s the good news, but now for the not-so-good news: Napster’s revenues also fell fairly sharply year-on-year. The streaming service generated $40.3m of revenues in Q1 2018, down 15.1% from the $47.5m it […]

Universal Music Grows African Presence With Launch Of Nigeria Division

Universal Music Grows African Presence With Launch Of Nigeria Division

Courtesy of Universal Music Group First signings include Tekno, Stonebwoy and Mr Eazi. Universal Music is further growing its operations in Western Africa with the launch of its first dedicated label in Nigeria. Based in Lagos, Universal Music Nigeria will be headed by veteran executive Ezegozie Eze Jr. , who has previously held roles at South African-based Channel O Television, Nigerian independent label Empire Mates Entertainment and was a founder of Pan-African creative companies, Republic 54, Alore Group and Duma […]

Spotify separates downloads from cache, lets you delete only the latter

Spotify separates downloads from cache, lets you delete only the latter

The list of small things that are wrong with Spotify seems to get longer instead of shorter with passing time. But today, we’re opening your eyes to a small improvement that happened in the last few weeks. Spotify added storage management inside its settings and now finally lets you delete cache without removing your offline downloads too. Astute Android geeks should know that you could already head over to the device’s settings, find Spotify in the list of apps, tap […]

Streaming overtakes CDs in Germany for the first time in H1 2018 – but the market declines 2%

Streaming overtakes CDs in Germany for the first time in H1 2018 – but the market declines 2%

Streaming has overtaken CDs as the highest earning format in the German recorded music market for the first time, after rising 35.2% to represent a 47.8% marketshare in the first six months of 2018. Overall, music sales revenues in Germany hit €727m from January to the end of June, which is down 2% from €742m in H1 2017, according to figures from trade body BVMI. After declining 24.5% year-on-year, CD sales counted for 34.4% of the music market, ending the […]

The major music labels are upset that they don't get more play on Spotify's mega-popular playlists, says Deutsche Bank

The major music labels are upset that they don’t get more play on Spotify’s mega-popular playlists, says Deutsche Bank

Daniel Ek, Spotify cofounder and CEO at the 2018 Code conference. The top record labels are unhappy that Spotify isn’t including more of their songs in its curated playlists, according to a note published by Deutsche Bank’s analysts. For Spotify’s users, curated playlists are popular way to access songs. While this may sound like a way that Spotify can gain some leverage over the labels and use it to negotiate better royalty rates, the analysts were skeptical. Spotify doesn’t have […]

PeerTube, enfin une alternative éthique à YouTube

PeerTube, enfin une alternative éthique à YouTube

Avec Gettyimages Pas d’exploitation des données personnelles et pas de financement publicitaire. La plateforme d’échange de vidéos devrait voir le jour à l’automne 2018. Elle a été lancée par l’association Framasoft, déjà connue pour ses logiciels libres. Fini la monétisation des vidéos et les publicités intrusives. Quatre ans après le lancement de sa campagne « Dégooglisons Internet », l’association à but non lucratif Framasoft s’attaque à YouTube avec la mise en service d’une plateforme de vidéos alternative. Le chantier auquel […]

Billboard’s charts used to be our barometer for music success. Are they meaningless in the streaming age?

Billboard’s charts used to be our barometer for music success. Are they meaningless in the streaming age?

Clockwise from top left, Drake, Kanye West, Prince and Michael Jackson. (Washington Post illustration; Getty Images; iStock) Drake and Kanye West — two reigning kings of pop music — both flooded the American consciousness with music this summer in strikingly different manners. West released a series of seven-track albums, including one bearing his name and one collaboration with Kid Cudi. Drake, meanwhile, dumped the contents of his hard drive on streaming services as a 25-track behemoth titled “Scorpion.” Both approaches […]

Related Insights

Related Insights

The music industry is in the midst of a growth spurt that has led to 15-year record revenues for the major label groups and continues to break new consumption records for the first half of 2018. Total album equivalent consumption, which includes physical and digital album sales, song sales and on-demand audio and video song streams are up 18%.* On-demand song streaming activity is reaching new milestones, with volume surpassing 400 billion, which is offsetting declines in album and track […]

Tencent plans spinoff, US listing of online music business

Tencent plans spinoff, US listing of online music business

Companies and Deals Tencent Music Entertainment Group has picked banks to advise on a planned initial public offering in the US that could raise at least $1 billion. Picture: Qilai Shen/Bloomberg Chinese internet giant Tencent Holdings Ltd is planning to spin off its online music entertainment business and list its shares in the US through a public offering, the company said in a filing to the Hong Kong stock exchange Sunday. Tencent, China’s largest social media and gaming company, said […]

Apple Music Just Surpassed Spotify’s U.S. Subscriber Count

Apple Music Just Surpassed Spotify’s U.S. Subscriber Count

Apple Music has now surpassed Spotify’s US-based subscriber tally — and is likely to widen the lead by Christmas. Apple Music has more paying subscribers in the United States than Spotify, according to confidential details shared with Digital Music News this morning. The source, a US-based, major distributor, shared a report detailing the subscriber tallies of several streaming music services, including Apple Music, Spotify, Tidal, and Sirius XM. That report now ranks Apple Music as first in the United States, […]

La radio reste un prescripteur majeur pour les nouveautés musicales

Far From Here L’édition 2018 de “L’Économie de la production musicale” offre une synthèse des chiffres du marché de la musique enregistrée, en France et dans le monde, enrichie des données inédites sur la consommation et la distribution de musique physique et numérique, les meilleures ventes, les meilleures diffusions, les certifications. Forcément, on y parle aussi beaucoup du rôle de la radio. Même à l’heure du streaming, le média radio demeure, de loin, le média privilégié pour découvrir des nouveaux […]

Tencent Music Entertainment to file for $30bn US IPO this week – report

Tencent Music Entertainment to file for $30bn US IPO this week – report

Another giant of digital music is about to float on the stock exchange in the United States. Tencent Music Entertainment (TME), which is majority-owned by massive Chinese corporation Tencent, is reportedly readying an application for an IPO in the US this week. That’s according to an unverified (but seemingly well-informed) scoop from China-based news group Sina. Sources suggest that TME will file an IPO application with the US Securities and Exchange Commission on Friday (July 6) – officially beginning the […]

Les offres de Deezer, Spotify, Qobuz, Apple, Amazon et Google

Les offres de Deezer, Spotify, Qobuz, Apple, Amazon et Google

Le streaming est entré dans le quotidien des amateurs de musique. Plus du tiers des Français ont adopté ce mode de consommation d’après le Syndicat national de l’édition phonographique. Partout dans le monde, le streaming musical porte désormais le marché de la musique. Pionniers de l’offre, Deezer et Spotify ont vu s’intensifier la concurrence des géants du Web comme Amazon, Apple et Google. Décryptage des principales offres disponibles. Deezer : votre plateforme préférée Deezer est un service de streaming lancé […]

Millions of Followers? Yes, But Some Top Spotify Playlists Fall Short on Engagement

Millions of Followers? Yes, But Some Top Spotify Playlists Fall Short on Engagement

Thomas Trutschel/Photothek via Getty Images Spotify is arguably the reason why music-industry analysts and execs alike have deemed playlists “ the new album ” and “ more powerful than radio .” With access to over 157 million monthly active users, the streaming service regularly catapults artists into the international spotlight simply by placing their tracks on owned-and-operated playlists like Today’s Top Hits, RapCaviar and ¡Viva Latino!. A recent study by the European Commission pegged the monetary value of placement on […]

The Outlook for Music Catalogue: Streaming Changes Everything

The Outlook for Music Catalogue: Streaming Changes Everything

Friday’s news that catalogue acquisition business Hipgnosis Songs Fund is set to float on the London Stock Exchange, having already raised around $260 million, reflects a booming market for music catalogues. However, the outlook for catalogue is not quite as straight forward as it at first appears. MIDiA Research has just published a major new report looking at the state of catalogue and its future: The Outlook for Music Catalogue: Streaming Changes Everything. This report was six months in the […]

Merck Mercuriadis fund successfully raises $260m+ to buy music copyrights

Merck Mercuriadis fund successfully raises $260m+ to buy music copyrights

Financially-interested watchers of the music business will know all about Spotify’s recent flotation on the New York Stock Exchange – and its eye-catching NYSE ticker, SPOT. Over in London, however, there’s about to be another successful flotation in music, complete with another attention-grabbing fiscal ticker – SONG. Hipgnosis Songs Fund Ltd, the vehicle set up by veteran artist manager Merck Mercuriadis, has successfully raised over £200m ($262m), MBW has learned – and will now IPO on the London Stock Exchange […]

Universal agrees licensing deal with AI-powered video sharing platform Triller

Universal agrees licensing deal with AI-powered video sharing platform Triller

Universal Music Group has agreed a licensing deal for AI-powered music video creating and sharing platform Triller. The deal will give Triller’s 28 million users access to UMG’s full catalog of songs to back personalised music videos. Launching in 2015, Triller allows users to create professional-looking videos in a matter of seconds. After raising an initial $4.5 million in 2016, the company closed a $5m Series A funding round in February this year, led by Carnegie Technologies. The investment will […]

Spotify pourrait débarquer à Wall Street dans les prochaines semaines

Spotify generated $40m+ in ticket sales last year. Now, it’s accelerating its presence in live music.

The MBW Review offers our take on some of the music biz’s biggest recent goings-on. This time, we run down a flurry of live event announcements from Spotify – all tied to strong first-party playlists – and consider what they might mean for the wider business. The MBW Review is supported by Instrumental. Who said it? “We live in a world where the most passionate fans are sitting in the nosebleed sections. The front-row tickets are going to scalpers and […]