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1
29 Music Industry Statistics [2022]: Facts, Trends, And Sales
https://www.zippia.com/advice/music-industry-statistics/
The music industry is worth $25.9 billion. This was the global recorded music industry's annual revenue in 2021, and the largest music ...
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https://www.zippia.com/advice/music-industry-statistics/
The music industry is worth $25.9 billion. This was the global recorded music industry's annual revenue in 2021, and the largest music ...
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2
Recorded music industry - global revenue 2021 - Statista
https://www.statista.com/statistics/272305/global-revenue-of-the-music-industry/
In 2021, the total revenue of the recorded music industry amounted to 28.8 billion U.S. dollars. Global streaming revenues reached 18.5 billion ...
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https://www.statista.com/statistics/272305/global-revenue-of-the-music-industry/
In 2021, the total revenue of the recorded music industry amounted to 28.8 billion U.S. dollars. Global streaming revenues reached 18.5 billion ...
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3
US recorded music revenues hit $7.7bn in H1 2022, but ...
https://www.musicbusinessworldwide.com/us-recorded-music-revenues-hit-7-7bn-in-h1-2022-but-growth-slowed-compared-to-h1-2021/
Back in H1 2021, on a retail basis, US recorded music revenues grew by $1.4 billion YoY to $7 billion (see below). In other words, mid-year ...
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https://www.musicbusinessworldwide.com/us-recorded-music-revenues-hit-7-7bn-in-h1-2022-but-growth-slowed-compared-to-h1-2021/
Back in H1 2021, on a retail basis, US recorded music revenues grew by $1.4 billion YoY to $7 billion (see below). In other words, mid-year ...
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4
The global recorded music industry grew by 18.5% to $25.9bn ...
https://musically.com/2022/03/22/global-recorded-music-2021-ifpi/
According to industry body the IFPI, global recorded music revenues grew by 18.5% to $25.9bn. That's the headline figure from its annual Global ...
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https://musically.com/2022/03/22/global-recorded-music-2021-ifpi/
According to industry body the IFPI, global recorded music revenues grew by 18.5% to $25.9bn. That's the headline figure from its annual Global ...
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5
The State of the Music Industry in 2020 | Toptal
https://www.toptal.com/finance/market-research-analysts/state-of-music-industry
According to the International Federation of the Phonographic Industry (IFPI), recorded music revenue returned to growth in 2015, after nearly two decades of ...
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https://www.toptal.com/finance/market-research-analysts/state-of-music-industry
According to the International Federation of the Phonographic Industry (IFPI), recorded music revenue returned to growth in 2015, after nearly two decades of ...
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6
The global music market was worth $26bn in 2021 - BBC News
https://www.bbc.com/news/entertainment-arts-60837880
Global music revenues grew at the fastest rate in more than two decades last year, with help from artists like BTS, Taylor Swift and Adele.
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https://www.bbc.com/news/entertainment-arts-60837880
Global music revenues grew at the fastest rate in more than two decades last year, with help from artists like BTS, Taylor Swift and Adele.
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7
The Music Industry in an Age of Digital Distribution | OpenMind
https://www.bbvaopenmind.com/en/articles/the-music-industry-in-an-age-of-digital-distribution/
In 1999 the global recorded music industry had experienced a period of growth that had lasted for almost a quarter of a century. Approximately one billion ...
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https://www.bbvaopenmind.com/en/articles/the-music-industry-in-an-age-of-digital-distribution/
In 1999 the global recorded music industry had experienced a period of growth that had lasted for almost a quarter of a century. Approximately one billion ...
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8
2021 Year-End Music Industry Revenue Report | RIAA
https://www.riaa.com/reports/2021-year-end-music-industry-revenue-report-riaa/
In 2021, recorded music revenues in the United States grew 23% to $15.0 billion at estimated retail value. All major formats of music grew versus the prior ...
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https://www.riaa.com/reports/2021-year-end-music-industry-revenue-report-riaa/
In 2021, recorded music revenues in the United States grew 23% to $15.0 billion at estimated retail value. All major formats of music grew versus the prior ...
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9
Music sales hit new record thanks to surge in streaming
https://www.weforum.org/agenda/2022/04/music-sales-record-streaming-surge/
Total worldwide music industry revenue set a new record at almost $26 billion. The United States, Japan and the United Kingdom were the top ...
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https://www.weforum.org/agenda/2022/04/music-sales-record-streaming-surge/
Total worldwide music industry revenue set a new record at almost $26 billion. The United States, Japan and the United Kingdom were the top ...
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10
Global Recorded Music Revenues Grew 18.5% In 2021 - IFPI
https://www.ifpi.org/ifpi-global-music-report-global-recorded-music-revenues-grew-18-5-in-2021/
“Fuelled by record companies' ongoing investment in artists and their careers, along with innovative efforts to help artists bring music to fans ...
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https://www.ifpi.org/ifpi-global-music-report-global-recorded-music-revenues-grew-18-5-in-2021/
“Fuelled by record companies' ongoing investment in artists and their careers, along with innovative efforts to help artists bring music to fans ...
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11
How Big Is the Music Industry? — An Overview
https://reviewmoose.ca/blog/how-big-is-the-music-industry/
Short answer — it's enormous. The global value of the music industry is estimated to be over US$50 billion (about $63 billion), making it one of ...
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https://reviewmoose.ca/blog/how-big-is-the-music-industry/
Short answer — it's enormous. The global value of the music industry is estimated to be over US$50 billion (about $63 billion), making it one of ...
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12
An Analysis of Declining Revenue in the U.S. Recorded Music ...
https://red.library.usd.edu/cgi/viewcontent.cgi?article=1063&context=honors-thesis
Basic economic theory intuits the price of music must be decreasing— higher quantities sold with lower revenues is consistent with lower prices per unit being.
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https://red.library.usd.edu/cgi/viewcontent.cgi?article=1063&context=honors-thesis
Basic economic theory intuits the price of music must be decreasing— higher quantities sold with lower revenues is consistent with lower prices per unit being.
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13
Recorded Music Revenue Up 27% In The First Half Of 2021
https://haulixdaily.com/2021/09/music-revenue-2021
According to the RIAA, overall recorded music revenues grew from $5.6 billion in the first half of 2020 to $7.1 billion in 2021 at retail value.
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https://haulixdaily.com/2021/09/music-revenue-2021
According to the RIAA, overall recorded music revenues grew from $5.6 billion in the first half of 2020 to $7.1 billion in 2021 at retail value.
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14
Music industry - Wikipedia
https://en.wikipedia.org/wiki/Music_industry
The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded ...
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https://en.wikipedia.org/wiki/Music_industry
The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded ...
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15
Music in the Air - Goldman Sachs
https://www.goldmansachs.com/insights/pages/infographics/music-streaming/
Streaming is turning up the beat for the music industry as global music revenue is set to reach record highs. Goldman Sachs shows how.
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https://www.goldmansachs.com/insights/pages/infographics/music-streaming/
Streaming is turning up the beat for the music industry as global music revenue is set to reach record highs. Goldman Sachs shows how.
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16
Do People Value Recorded Music? - Lee Marshall, 2019
https://journals.sagepub.com/doi/full/10.1177/1749975519839524
Overall, the argument is that 'music' may not be as culturally valued by people as is commonly assumed. The way that music operates as a low-value entity to ...
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https://journals.sagepub.com/doi/full/10.1177/1749975519839524
Overall, the argument is that 'music' may not be as culturally valued by people as is commonly assumed. The way that music operates as a low-value entity to ...
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17
Global music revenue will hit $131 billion by 2030 - SonoSuite
https://sonosuite.com/en/blog/global-music-revenue/
More specifically, by this time, live music will reach $38 billion, music publishing $12.5 billion and the global recording music $45 billion, one billion more ...
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https://sonosuite.com/en/blog/global-music-revenue/
More specifically, by this time, live music will reach $38 billion, music publishing $12.5 billion and the global recording music $45 billion, one billion more ...
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18
The Economics of Recorded Music | Future of Music Coalition
https://futureofmusic.org/article/economics-recorded-music
It's the amount of money a person could have made doing something else. If musicians made no money from their recordings, the cost of their time goes up. The ...
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https://futureofmusic.org/article/economics-recorded-music
It's the amount of money a person could have made doing something else. If musicians made no money from their recordings, the cost of their time goes up. The ...
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19
US recorded music industry grew by 27% in the first half of 2021
https://mixmag.net/read/recorded-music-industry-growth-2021-us-news
As per a mid-year report published by the RIAA earlier this week, at retail value, $7.1B was generated by the industry throughout the year so ...
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https://mixmag.net/read/recorded-music-industry-growth-2021-us-news
As per a mid-year report published by the RIAA earlier this week, at retail value, $7.1B was generated by the industry throughout the year so ...
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20
Recorded music revenues hit $23.1 billion in 2020, with artists ...
https://midiaresearch.com/blog/recorded-music-revenues-hit-231-billion-in-2020-with-artists-direct-the-winners-again
Global recorded music revenues grew 7% in 2020 to reach $23.1 billion in record label trade revenue terms. The growth rate was significantly ...
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https://midiaresearch.com/blog/recorded-music-revenues-hit-231-billion-in-2020-with-artists-direct-the-winners-again
Global recorded music revenues grew 7% in 2020 to reach $23.1 billion in record label trade revenue terms. The growth rate was significantly ...
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21
Music Market Focus: Sizing Up the US Music Industry
https://soundcharts.com/blog/us-music-market-overview
The recording industry is growing, and revenue is up 16,5% in 2017, adding up to $8,8 billion in retail value. That growth is primarily ...
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https://soundcharts.com/blog/us-music-market-overview
The recording industry is growing, and revenue is up 16,5% in 2017, adding up to $8,8 billion in retail value. That growth is primarily ...
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22
Global Music (Recorded Music, Streaming ... - Business Wire
https://www.businesswire.com/news/home/20220803005609/en/Global-Music-Recorded-Music-Streaming-Publishing-Market-Insights-Forecast-2022-2026-with-Potential-Impacts-of-COVID-19---ResearchAndMarkets.com
The global music market is expected to record a value of US$73.39 billion in 2026, progressing at a CAGR of 3.39%, over the period 2022-2026 ...
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https://www.businesswire.com/news/home/20220803005609/en/Global-Music-Recorded-Music-Streaming-Publishing-Market-Insights-Forecast-2022-2026-with-Potential-Impacts-of-COVID-19---ResearchAndMarkets.com
The global music market is expected to record a value of US$73.39 billion in 2026, progressing at a CAGR of 3.39%, over the period 2022-2026 ...
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23
Omdia forecasts recorded-music retail sales will top $50bn in ...
https://omdia.tech.informa.com/pr/2022-may/omdia-forecasts-recorded-music-retail-sales-will-top-50bn-in-2026
LONDON, 9 May, 2022 – The global retail value of recorded-music sales will register a record year in 2022 with sales set to rise 9.8%, ...
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https://omdia.tech.informa.com/pr/2022-may/omdia-forecasts-recorded-music-retail-sales-will-top-50bn-in-2026
LONDON, 9 May, 2022 – The global retail value of recorded-music sales will register a record year in 2022 with sales set to rise 9.8%, ...
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24
Animated Chart of the Day: Recorded Music Sales by Format ...
https://www.aei.org/carpe-diem/animated-chart-of-the-day-recorded-music-sales-by-format-share-1973-to-2022/
U.S. recorded music revenues in the first half of 2022 rose 9% to $7.7 billion at estimated retail value, building on the strong growth ...
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https://www.aei.org/carpe-diem/animated-chart-of-the-day-recorded-music-sales-by-format-share-1973-to-2022/
U.S. recorded music revenues in the first half of 2022 rose 9% to $7.7 billion at estimated retail value, building on the strong growth ...
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25
IMS Business Report 2022: Recorded music industry tops $26 ...
https://weraveyou.com/2022/05/ims-business-report-recorded-music-industry-26-billion-value/
The 2022 IMS business report reveals to us the staggering growth that occurring within the industry with the recording music industry crossing ...
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https://weraveyou.com/2022/05/ims-business-report-recorded-music-industry-26-billion-value/
The 2022 IMS business report reveals to us the staggering growth that occurring within the industry with the recording music industry crossing ...
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26
Music Piracy and Its Effects on Demand, Supply, and Welfare
https://www.journals.uchicago.edu/doi/full/10.1086/663157
The decade since Napster has seen a dramatic reduction in revenue to the recorded music industry. Between 1975 and 1999 the value of U.S. shipments of recorded ...
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https://www.journals.uchicago.edu/doi/full/10.1086/663157
The decade since Napster has seen a dramatic reduction in revenue to the recorded music industry. Between 1975 and 1999 the value of U.S. shipments of recorded ...
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27
Recorded Music Industry Pricing model Podcast Ep. 83
https://taylorwells.com.au/recorded-music-ep-83/
Bottomline: In the music recorded industry, the artist must know the value of the exchange. ... If you think of even Taylor Swift she uses or ...
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https://taylorwells.com.au/recorded-music-ep-83/
Bottomline: In the music recorded industry, the artist must know the value of the exchange. ... If you think of even Taylor Swift she uses or ...
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28
RIAA stats confirm 9% growth in US recorded music market so ...
https://completemusicupdate.com/article/riaa-stats-confirm-9-growth-in-us-recorded-music-market-so-far-this-year/
The Recording Industry Association Of America has published some stats about the US recorded music market in the first half of 2022.
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https://completemusicupdate.com/article/riaa-stats-confirm-9-growth-in-us-recorded-music-market-so-far-this-year/
The Recording Industry Association Of America has published some stats about the US recorded music market in the first half of 2022.
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29
The current worth and future of the global recorded music ...
https://www.dailymusicroll.com/entertainment/the-current-worth-and-future-of-the-global-recorded-music-industry.html
And according to the IFPI, the worldwide recorded music market had a growth rate of 7.4% in 2020. It was the sixth consecutive year of growth. For the industry.
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https://www.dailymusicroll.com/entertainment/the-current-worth-and-future-of-the-global-recorded-music-industry.html
And according to the IFPI, the worldwide recorded music market had a growth rate of 7.4% in 2020. It was the sixth consecutive year of growth. For the industry.
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30
Global Music (Recorded Music, Streaming ... - Yahoo Finance
https://www.yahoo.com/now/global-music-recorded-music-streaming-120800328.html
The global music market is expected to record a value of US$73.39 billion in 2026, progressing at a CAGR of 3.39%, over the period 2022-2026.
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https://www.yahoo.com/now/global-music-recorded-music-streaming-120800328.html
The global music market is expected to record a value of US$73.39 billion in 2026, progressing at a CAGR of 3.39%, over the period 2022-2026.
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31
Value Gap or Growth? How Digital Music Boosts Music ...
https://www.ccianet.org/wp-content/uploads/2019/12/CCIA_Paper_Value_Growth_Music_Industry_2019_A4-2.pdf
consumers and record labels — and hence that digital streaming services enable massive value growth. 1 “Tech advances alter hierarchy of music industry”, ...
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https://www.ccianet.org/wp-content/uploads/2019/12/CCIA_Paper_Value_Growth_Music_Industry_2019_A4-2.pdf
consumers and record labels — and hence that digital streaming services enable massive value growth. 1 “Tech advances alter hierarchy of music industry”, ...
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32
US recorded music revenues up 9% in first half of 2022
https://www.hiresaudio.online/us-recorded-music-revenues-up-9-in-first-half-of-2022/
Paid subscriptions continued to be the largest driver of music revenues, growing 10% to $5.0 Bn, and by value accounting for 78% of streaming in ...
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https://www.hiresaudio.online/us-recorded-music-revenues-up-9-in-first-half-of-2022/
Paid subscriptions continued to be the largest driver of music revenues, growing 10% to $5.0 Bn, and by value accounting for 78% of streaming in ...
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33
Recorded Music Market by Geography and Type - Forecast ...
https://www.technavio.com/report/recorded-music-market-industry-analysis
Recorded music market size is estimated to grow by USD 21.40 billion from 2022 to 2026 at a CAGR of 13% with the digital having largest market share.
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https://www.technavio.com/report/recorded-music-market-industry-analysis
Recorded music market size is estimated to grow by USD 21.40 billion from 2022 to 2026 at a CAGR of 13% with the digital having largest market share.
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34
MIDiA music forecasts: the new era of growth
https://musicindustryblog.wordpress.com/2022/07/14/midia-music-forecasts-the-new-era-of-growth/
2021 was a huge year for the recorded music business with retail values up 23% to reach $51.9 billion (retail values include masters, ...
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https://musicindustryblog.wordpress.com/2022/07/14/midia-music-forecasts-the-new-era-of-growth/
2021 was a huge year for the recorded music business with retail values up 23% to reach $51.9 billion (retail values include masters, ...
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35
Recorded Music Revenue Reached an All-Time High in 2021
https://www.pastemagazine.com/music/music-sales/2021-record-high-music-revenue-riaa/
According to the 2021 Year-End Music Industry Revenue Report conducted by the Recording Industry Association of America, recorded music ...
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https://www.pastemagazine.com/music/music-sales/2021-record-high-music-revenue-riaa/
According to the 2021 Year-End Music Industry Revenue Report conducted by the Recording Industry Association of America, recorded music ...
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36
Global Music Market (Recorded Music, Streaming & Publishing)
https://www.researchandmarkets.com/reports/5411285/global-music-market-recorded-music-streaming
The global music market is expected to record a value of US$73.39 billion in 2026, progressing at a CAGR of 3.39%, over the period 2022-2026.
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https://www.researchandmarkets.com/reports/5411285/global-music-market-recorded-music-streaming
The global music market is expected to record a value of US$73.39 billion in 2026, progressing at a CAGR of 3.39%, over the period 2022-2026.
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37
Music Originals as Capital Assets - Bureau of Economic Analysis
https://www.bea.gov/system/files/papers/WP2013-8.pdf
In 2007, I estimate that musicians and recording studios created original songs, including recorded performances, with an estimated value of $7.8 billion.
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https://www.bea.gov/system/files/papers/WP2013-8.pdf
In 2007, I estimate that musicians and recording studios created original songs, including recorded performances, with an estimated value of $7.8 billion.
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38
The Record Industry | CMU Library
https://cmulibrary.com/recordindustry/
That said, in the 2000s, when the value of recorded music slumped as the industry shifted for discs to digital, some labels also sought a cut of or ...
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https://cmulibrary.com/recordindustry/
That said, in the 2000s, when the value of recorded music slumped as the industry shifted for discs to digital, some labels also sought a cut of or ...
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39
Musicians Only Get 12 Percent of Music Revenue
https://www.rollingstone.com/pro/news/music-artists-make-12-percent-from-music-sales-706746/
Why? Because of all the “value leakage” involved in producing and distributing music, e.g. the costs of running record labels, streaming ...
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https://www.rollingstone.com/pro/news/music-artists-make-12-percent-from-music-sales-706746/
Why? Because of all the “value leakage” involved in producing and distributing music, e.g. the costs of running record labels, streaming ...
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40
The Evolution of the Music Industry in the Post-Internet Era
https://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1501&context=cmc_theses
tours promoting recorded music as some artists' have started releasing free music as a means ... Further, the price of recording a song was.
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https://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1501&context=cmc_theses
tours promoting recorded music as some artists' have started releasing free music as a means ... Further, the price of recording a song was.
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41
Global Value of Music Copyright jumps 18% to a record high ...
https://tarzaneconomics.com/undercurrents/music-copyright-2021
Global Value of Music Copyright jumps 18% to a record high of $39.6bn in 2021: could it have been even higher? Tarzan Economics. Nov 3. Written By Will Page.
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https://tarzaneconomics.com/undercurrents/music-copyright-2021
Global Value of Music Copyright jumps 18% to a record high of $39.6bn in 2021: could it have been even higher? Tarzan Economics. Nov 3. Written By Will Page.
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42
MUSIC VALUE CHAIN - Devamag
https://www.devamag.com/music-value-chain
The value chain in the music sector begins with A&R (Artist and Repertoire), i.e., the discovery, development and promotion of artists, as well as the ...
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https://www.devamag.com/music-value-chain
The value chain in the music sector begins with A&R (Artist and Repertoire), i.e., the discovery, development and promotion of artists, as well as the ...
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43
Music's lost decade: Sales cut in half in 2000s - Feb. 2, 2010
https://money.cnn.com/2010/02/02/news/companies/napster_music_industry/
Now just 44% of U.S. Internet users and 64% of Americans who buy digital music think that that music is worth paying for, according to Forrester ...
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https://money.cnn.com/2010/02/02/news/companies/napster_music_industry/
Now just 44% of U.S. Internet users and 64% of Americans who buy digital music think that that music is worth paying for, according to Forrester ...
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44
An Immodest Proposal for the Music Industry | Linux Journal
https://www.linuxjournal.com/content/immodest-proposal-music-industry
YouTube is another special case. The 2018 IFPI report says, "From publicly available data, IFPI estimates that Spotify paid record companies US ...
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https://www.linuxjournal.com/content/immodest-proposal-music-industry
YouTube is another special case. The 2018 IFPI report says, "From publicly available data, IFPI estimates that Spotify paid record companies US ...
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45
40 Years of Music Industry Sales - Visual Capitalist
https://www.visualcapitalist.com/music-industry-sales/
The record industry has seen a lot of change over the years. 8-tracks took a short-lived run at the dominance of vinyl, cassettes faded away ...
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https://www.visualcapitalist.com/music-industry-sales/
The record industry has seen a lot of change over the years. 8-tracks took a short-lived run at the dominance of vinyl, cassettes faded away ...
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46
Who Gets Paid and How Much? - Digital Media Association
https://dima.org/wp-content/uploads/2020/08/DiMA_Who-Gets-Paid_Infographic.pdf
A portion is then paid to song rightsholders and recording rightsholders, and the digital music service keeps the remaining portion. The way the total amount ...
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https://dima.org/wp-content/uploads/2020/08/DiMA_Who-Gets-Paid_Infographic.pdf
A portion is then paid to song rightsholders and recording rightsholders, and the digital music service keeps the remaining portion. The way the total amount ...
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47
RIAA: Recorded Music Revenues Rose 9% to $7.7 Billion In ...
https://www.insideradio.com/free/riaa-recorded-music-revenues-rose-9-to-7-7-billion-in-first-half/article_d8d624f8-3a41-11ed-a9d1-cf995fbfdd4a.html
Continuing to build on 2021's sturdy growth, U.S recorded music revenues in the first half of 2022 rose 9% to $7.7 billion in estimated ...
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https://www.insideradio.com/free/riaa-recorded-music-revenues-rose-9-to-7-7-billion-in-first-half/article_d8d624f8-3a41-11ed-a9d1-cf995fbfdd4a.html
Continuing to build on 2021's sturdy growth, U.S recorded music revenues in the first half of 2022 rose 9% to $7.7 billion in estimated ...
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48
BPI: recorded music trade revenue up 13% in 2021, physical ...
https://www.musicweek.com/labels/read/bpi-recorded-music-trade-revenue-up-13-in-2021-physical-outperforms-streaming-growth/085427
This growth yields important benefits for the broader music community, including greater remuneration to a wider base of artists and additional ...
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https://www.musicweek.com/labels/read/bpi-recorded-music-trade-revenue-up-13-in-2021-physical-outperforms-streaming-growth/085427
This growth yields important benefits for the broader music community, including greater remuneration to a wider base of artists and additional ...
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49
Having rescued recorded music, Spotify may upend the ...
https://www.economist.com/business/2018/01/11/having-rescued-recorded-music-spotify-may-upend-the-industry-again
The channels that the labels knew so well, such as radio and record stores, have diminished in importance: “Breaking artists is one of the most ...
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https://www.economist.com/business/2018/01/11/having-rescued-recorded-music-spotify-may-upend-the-industry-again
The channels that the labels knew so well, such as radio and record stores, have diminished in importance: “Breaking artists is one of the most ...
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50
2021: The Music Boom is Coming
https://journalofmusic.com/opinion/2021-music-boom-coming
They now believe that the three core sectors (live, recordings and publishing) will double in size to $131 billion by 2030. We'd be wise to take ...
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https://journalofmusic.com/opinion/2021-music-boom-coming
They now believe that the three core sectors (live, recordings and publishing) will double in size to $131 billion by 2030. We'd be wise to take ...
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51
Recorded Music Market Size and Development Trends 2022
https://www.digitaljournal.com/pr/recorded-music-market-size-and-development-trends-2022-business-growth-consumer-demand-global-opportunities-growth-rate-top-manufacturer-and-innovations-forecast-to-2029
The “Recorded Music Market” Report provides insightful data on business strategies, top industry trends, growth opportunities, and challenges of ...
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https://www.digitaljournal.com/pr/recorded-music-market-size-and-development-trends-2022-business-growth-consumer-demand-global-opportunities-growth-rate-top-manufacturer-and-innovations-forecast-to-2029
The “Recorded Music Market” Report provides insightful data on business strategies, top industry trends, growth opportunities, and challenges of ...
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52
Shift of Value in the Music Industry: Analysis of the Effects of ...
http://tesi.luiss.it/21873/1/199181_DELLO%20STROLOGO_FRANCESC_FinalDissertation-F.R.DelloStrologo%28199181%29-2018.pdf
Industry value was mainly captured by its ability to sell records and ... record labels who took care of recording, music distributors, ...
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http://tesi.luiss.it/21873/1/199181_DELLO%20STROLOGO_FRANCESC_FinalDissertation-F.R.DelloStrologo%28199181%29-2018.pdf
Industry value was mainly captured by its ability to sell records and ... record labels who took care of recording, music distributors, ...
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53
Music sales growing at fastest rate since 1998 - CNBC
https://www.cnbc.com/2016/04/12/music-sales-growing-at-fastest-rate-since-1998.html
Overall, recording companies' streaming revenues increased by 45 per cent to $2.9 billion last year, IFPI reported. Of that total, $2 billion ...
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https://www.cnbc.com/2016/04/12/music-sales-growing-at-fastest-rate-since-1998.html
Overall, recording companies' streaming revenues increased by 45 per cent to $2.9 billion last year, IFPI reported. Of that total, $2 billion ...
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54
Recorded music and music subscriptions price inflation, 1997 ...
https://www.in2013dollars.com/Recorded-music-and-music-subscriptions/price-inflation
According to the U.S. Bureau of Labor Statistics, prices for recorded music and music subscriptions are 20.74% lower in 2022 versus 1997 (a $4.15 difference in ...
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https://www.in2013dollars.com/Recorded-music-and-music-subscriptions/price-inflation
According to the U.S. Bureau of Labor Statistics, prices for recorded music and music subscriptions are 20.74% lower in 2022 versus 1997 (a $4.15 difference in ...
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55
Canada climbs to sixth largest global recorded ... - Newswire.CA
https://www.newswire.ca/news-releases/canada-climbs-to-sixth-largest-global-recorded-music-market-in-ifpis-global-music-report-2017-620412823.html
Overall recorded music revenues rose 12.8% in 2016 and totalled CAD $489.4 million. Digital music revenues accounted for 63% of recorded music ...
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https://www.newswire.ca/news-releases/canada-climbs-to-sixth-largest-global-recorded-music-market-in-ifpis-global-music-report-2017-620412823.html
Overall recorded music revenues rose 12.8% in 2016 and totalled CAD $489.4 million. Digital music revenues accounted for 63% of recorded music ...
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56
Streaming Saved Music. Artists Hate It. - The New York Times
https://www.nytimes.com/2021/03/22/technology/streaming-music-economics.html
The more people listen to music, the less each song is worth ... The streaming services and the record labels both bear responsibility.
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https://www.nytimes.com/2021/03/22/technology/streaming-music-economics.html
The more people listen to music, the less each song is worth ... The streaming services and the record labels both bear responsibility.
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57
Economics of music streaming - UK Parliament Committees
https://committees.parliament.uk/publications/6739/documents/72525/default/
estimated £5.2 billion in gross value added (GVA) to the UK economy per year, of which recorded music generates approximately £1.5 billion ...
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https://committees.parliament.uk/publications/6739/documents/72525/default/
estimated £5.2 billion in gross value added (GVA) to the UK economy per year, of which recorded music generates approximately £1.5 billion ...
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58
Music Industry is booming: However artist's revenue continues ...
https://www.marketline.com/blog/music-industry-is-booming-however-artists-revenue-continues-to-decline/
Vinyl sales have reached the $1bn mark for the first time this century, as consumers increasingly value the tangible nature of physical copies ...
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https://www.marketline.com/blog/music-industry-is-booming-however-artists-revenue-continues-to-decline/
Vinyl sales have reached the $1bn mark for the first time this century, as consumers increasingly value the tangible nature of physical copies ...
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59
Global music streaming | Hinrich Foundation
https://www.hinrichfoundation.com/research/tradevistas/digital/music-streaming/
Peer is thought to be the first agent to pay royalties to his recording artists. For their Bristol sessions, artists were paid US$50 (worth around US$700 today) ...
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https://www.hinrichfoundation.com/research/tradevistas/digital/music-streaming/
Peer is thought to be the first agent to pay royalties to his recording artists. For their Bristol sessions, artists were paid US$50 (worth around US$700 today) ...
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60
Five things to know about the record music industry | Acuity
https://www.acuitymag.com/business/five-things-to-know-about-the-record-music-industry
The value of vinyl record sales in the US in 2020 increased 28.7% year on year to US$626 million. By Joshua Gliddon. 1. Streaming is the music ...
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https://www.acuitymag.com/business/five-things-to-know-about-the-record-music-industry
The value of vinyl record sales in the US in 2020 increased 28.7% year on year to US$626 million. By Joshua Gliddon. 1. Streaming is the music ...
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61
Recorded music revenue is up on streaming growth, as ...
https://techcrunch.com/2020/09/10/recorded-music-revenue-is-up-on-streaming-growth-as-physical-sales-plummet/
› 2020/09/10 › recorded-music-...
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https://techcrunch.com/2020/09/10/recorded-music-revenue-is-up-on-streaming-growth-as-physical-sales-plummet/
› 2020/09/10 › recorded-music-...
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62
Recorded Music Forecasting: Data & Methods - 8020 Consulting
https://8020consulting.com/recorded-music-forecasting/
Digital vendors can provide units, price and the amount owed the music company for each sale. This data is very valuable for forecasting because ...
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https://8020consulting.com/recorded-music-forecasting/
Digital vendors can provide units, price and the amount owed the music company for each sale. This data is very valuable for forecasting because ...
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63
Music In The Digital Age: Closing The Value Gap
https://www.lawyer-monthly.com/2019/04/music-in-the-digital-age-closing-the-value-gap/
Digital technology has revolutionised the music and entertainment industries ... for 37% of the total global recorded music revenue in 2018.
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https://www.lawyer-monthly.com/2019/04/music-in-the-digital-age-closing-the-value-gap/
Digital technology has revolutionised the music and entertainment industries ... for 37% of the total global recorded music revenue in 2018.
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64
IFPI Report: Canada's Music Market Grew Nearly 13% in 2021
https://www.canadianmusician.com/post/ifpi-report-canadas-music-market-grew-nearly-13-in-2021
Globally, the recorded music market grew by 18.5% in 2021, driven by a 21.9% increase in paid subscription streaming, and supported by a 16.1% gain in physical ...
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https://www.canadianmusician.com/post/ifpi-report-canadas-music-market-grew-nearly-13-in-2021
Globally, the recorded music market grew by 18.5% in 2021, driven by a 21.9% increase in paid subscription streaming, and supported by a 16.1% gain in physical ...
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65
Recorded Music Revenue Continues To Grow In The First Half ...
https://celebrityaccess.com/2022/09/21/recorded-music-revenue-continues-to-grow-in-the-first-half-of-2022/
According to data published by the Recording Industry Association of America, U.S. recorded music revenues in the first half of 2022 rose 9% to ...
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https://celebrityaccess.com/2022/09/21/recorded-music-revenue-continues-to-grow-in-the-first-half-of-2022/
According to data published by the Recording Industry Association of America, U.S. recorded music revenues in the first half of 2022 rose 9% to ...
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66
How Much Is Music Really Worth? | Pitchfork
https://pitchfork.com/features/article/9628-how-much-is-music-really-worth/
The shrinking of the record industry, at least, is beyond dispute. Global revenues from recorded music slipped to about $15 billion in 2014, ...
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https://pitchfork.com/features/article/9628-how-much-is-music-really-worth/
The shrinking of the record industry, at least, is beyond dispute. Global revenues from recorded music slipped to about $15 billion in 2014, ...
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67
U.S. Music Industry Revenue Nears $15 Billion As Streaming ...
https://www.digitalmusicnews.com/2022/03/09/music-industry-revenue-us-2021/
The RIAA published its latest yearend analysis today, and the document discloses off the bat that recorded music revenue in the United ...
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https://www.digitalmusicnews.com/2022/03/09/music-industry-revenue-us-2021/
The RIAA published its latest yearend analysis today, and the document discloses off the bat that recorded music revenue in the United ...
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68
OECD Report on Digital Music
https://www.oecd-ilibrary.org/oecd-report-on-digital-music_5kz9hcfddr48.pdf;;OECD
In 2003, the value of global recorded music sales amounted to USD 32 billion with the OECD countries accounting for roughly 94 per cent of ...
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https://www.oecd-ilibrary.org/oecd-report-on-digital-music_5kz9hcfddr48.pdf;;OECD
In 2003, the value of global recorded music sales amounted to USD 32 billion with the OECD countries accounting for roughly 94 per cent of ...
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69
The Recorded Music Industry Did Okay Last Year With $12 ...
https://music3point0.com/2021/03/02/recorded-music-report-2020/
While it still accounts for 6% of the total industry revenue at $674 million (who's still downloading? We'd all like to know), this amount fell ...
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https://music3point0.com/2021/03/02/recorded-music-report-2020/
While it still accounts for 6% of the total industry revenue at $674 million (who's still downloading? We'd all like to know), this amount fell ...
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70
The recorded music industry did alright last year with $12 ...
https://www.hypebot.com/hypebot/2021/03/the-recorded-music-industry-did-alright-last-year-with-12-billion-in-revenue.html
While it still accounts for 6% of the total industry revenue at $674 million (who's still downloading? We'd all like to know), this amount fell ...
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https://www.hypebot.com/hypebot/2021/03/the-recorded-music-industry-did-alright-last-year-with-12-billion-in-revenue.html
While it still accounts for 6% of the total industry revenue at $674 million (who's still downloading? We'd all like to know), this amount fell ...
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71
2021 Study of the economic impacts of music streaming on the ...
https://www.canada.ca/en/canadian-heritage/corporate/transparency/open-government/economic-impact-music-streaming.html
With respect to earnings from music streaming services, the percentage earned by record labels is significantly larger, increasing from 52% (of ...
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https://www.canada.ca/en/canadian-heritage/corporate/transparency/open-government/economic-impact-music-streaming.html
With respect to earnings from music streaming services, the percentage earned by record labels is significantly larger, increasing from 52% (of ...
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72
23 Music Industry Statistics: 2022 Sales, Trends & More
https://toneisland.com/music-industry-statistics/
As of 2020, the total revenue of the recorded music industry is $23.1 billion. However, 56% of the figure is made up of streaming sales. The remainder is what ...
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https://toneisland.com/music-industry-statistics/
As of 2020, the total revenue of the recorded music industry is $23.1 billion. However, 56% of the figure is made up of streaming sales. The remainder is what ...
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73
Five years of consistent revenue growth for the U.S. recorded ...
https://www.recreatecoalition.org/five-years-of-consistent-revenue-growth-for-the-u-s-recorded-music-industry/
Revenue figures for recorded music in the U.S. show strong growth in 2017, both at wholesale value (12.6% to $5.9 billion) and at estimated ...
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https://www.recreatecoalition.org/five-years-of-consistent-revenue-growth-for-the-u-s-recorded-music-industry/
Revenue figures for recorded music in the U.S. show strong growth in 2017, both at wholesale value (12.6% to $5.9 billion) and at estimated ...
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74
The UK Recorded Music Market in a Long-Term Perspective ...
https://musicbusinessresearch.wordpress.com/2017/07/30/the-uk-recorded-music-market-in-a-long-term-perspective-1975-2016/
The UK recorded music industry body BPI (British Phonographic ... Figure 1: The UK recorded music sales (nominal trade value), 1975-2016.
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https://musicbusinessresearch.wordpress.com/2017/07/30/the-uk-recorded-music-market-in-a-long-term-perspective-1975-2016/
The UK recorded music industry body BPI (British Phonographic ... Figure 1: The UK recorded music sales (nominal trade value), 1975-2016.
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75
Music Industry's Revenue Continues To Grow, But ... - Forbes
https://www.forbes.com/sites/billrosenblatt/2019/03/02/the-warning-signs-among-the-music-industrys-revenue-growth/
Interactive streaming, through services like YouTube, Spotify, Apple Music and Amazon Music Unlimited, is now dominating the industry even more ...
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https://www.forbes.com/sites/billrosenblatt/2019/03/02/the-warning-signs-among-the-music-industrys-revenue-growth/
Interactive streaming, through services like YouTube, Spotify, Apple Music and Amazon Music Unlimited, is now dominating the industry even more ...
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76
Big Music Needs to Be Broken Up to Save the Industry | WIRED
https://www.wired.com/story/opinion-big-music-needs-to-be-broken-up-to-save-the-industry/
Three major record labels produce two-thirds of all music consumed in America. They are the most powerful buyer of music and talent, and they ...
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https://www.wired.com/story/opinion-big-music-needs-to-be-broken-up-to-save-the-industry/
Three major record labels produce two-thirds of all music consumed in America. They are the most powerful buyer of music and talent, and they ...
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77
Streaming services push recorded music business to highest ...
https://www.nbcnews.com/business/business-news/streaming-services-push-music-business-highest-revenue-decade-n977751
The recorded music industry in 2018 logged its best year in a decade, generating $9.8 billion in revenue thanks to a big jump in streaming ...
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https://www.nbcnews.com/business/business-news/streaming-services-push-music-business-highest-revenue-decade-n977751
The recorded music industry in 2018 logged its best year in a decade, generating $9.8 billion in revenue thanks to a big jump in streaming ...
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78
Recorded Music Revenue Hits $12 Billion in 2020 Amid ...
https://www.wsj.com/articles/recorded-music-revenue-hits-12-billion-in-2020-amid-pandemic-streaming-boom-11614364260
Sales of recorded music grew 9.2% last year to $12.2 billion as subscriptions to streaming services reached new highs during the Covid-19 ...
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https://www.wsj.com/articles/recorded-music-revenue-hits-12-billion-in-2020-amid-pandemic-streaming-boom-11614364260
Sales of recorded music grew 9.2% last year to $12.2 billion as subscriptions to streaming services reached new highs during the Covid-19 ...
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79
About Recorded Music NZ
https://www.recordedmusic.co.nz/portfolio/about-recorded-music/
is to enhance and promote the value of recorded music in and from Aotearoa. Our Priorities. • Maximise returns for right holders and recording artists. We act ...
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https://www.recordedmusic.co.nz/portfolio/about-recorded-music/
is to enhance and promote the value of recorded music in and from Aotearoa. Our Priorities. • Maximise returns for right holders and recording artists. We act ...
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80
Addressing the Value Gap in the Age of Digital Music Streaming
https://cdn.vanderbilt.edu/vu-wp0/wp-content/uploads/sites/78/2019/05/25124350/9.20Lawrence.pdf
19, 2019) [hereinafter 2018 GLOBAL MUSIC REPORT] (noting that digital revenues now account for 54 percent of the global recorded music market). 17. See 2018 ...
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https://cdn.vanderbilt.edu/vu-wp0/wp-content/uploads/sites/78/2019/05/25124350/9.20Lawrence.pdf
19, 2019) [hereinafter 2018 GLOBAL MUSIC REPORT] (noting that digital revenues now account for 54 percent of the global recorded music market). 17. See 2018 ...
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81
Global music market worth increased by 18 per cent in 2021 to ...
https://www.nme.com/news/music/global-music-market-worth-increased-by-18-per-cent-in-2021-to-19-5billion-3190762
The rate of global music revenues was at its highest in 2021 since records began in the '90s, with music from artists such as BTS, ...
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https://www.nme.com/news/music/global-music-market-worth-increased-by-18-per-cent-in-2021-to-19-5billion-3190762
The rate of global music revenues was at its highest in 2021 since records began in the '90s, with music from artists such as BTS, ...
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82
Spotify is now worth more than the entire US music industry?
https://consequence.net/2015/04/spotify-is-now-worth-more-than-the-entire-music-industry/
Streaming income, which includes paid subscriptions and ad earnings, accounted for 27% of the recorded music industry's $6.97 billion ...
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https://consequence.net/2015/04/spotify-is-now-worth-more-than-the-entire-music-industry/
Streaming income, which includes paid subscriptions and ad earnings, accounted for 27% of the recorded music industry's $6.97 billion ...
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83
Canada climbs to sixth largest global recorded music market ...
https://musiccanada.com/news/canada-climbs-to-sixth-largest-global-recorded-music-market-in-ifpis-global-music-report-2017/
Overall recorded music revenues rose 12.8% in 2016 and totalled CAD $489.4 million · Digital music revenues accounted for 63% of recorded music ...
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https://musiccanada.com/news/canada-climbs-to-sixth-largest-global-recorded-music-market-in-ifpis-global-music-report-2017/
Overall recorded music revenues rose 12.8% in 2016 and totalled CAD $489.4 million · Digital music revenues accounted for 63% of recorded music ...
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84
The Perseverance of Physical Music Media in a Digital World
https://scholarlycommons.obu.edu/cgi/viewcontent.cgi?article=1844&context=honors_theses
This issue severely affects how artists and record labels sell music, and how consumers perceive music as a commodity. The problem is the value ...
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https://scholarlycommons.obu.edu/cgi/viewcontent.cgi?article=1844&context=honors_theses
This issue severely affects how artists and record labels sell music, and how consumers perceive music as a commodity. The problem is the value ...
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85
Recorded-Music Revenues Up 27%, With Vinyl Sales Up 94%
https://variety.com/2021/music/news/recorded-music-revenues-vinyl-sales-skyrocket-riaa-mid-year-1235063324/
Recorded music revenues in the U.S. grew 27% in the first half of 2021 over 2020, according to the RIAA's mid-year report.
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https://variety.com/2021/music/news/recorded-music-revenues-vinyl-sales-skyrocket-riaa-mid-year-1235063324/
Recorded music revenues in the U.S. grew 27% in the first half of 2021 over 2020, according to the RIAA's mid-year report.
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86
music multinationals and local music industries since 1945
https://eprints.lse.ac.uk/47507/1/wp170.pdf
international recorded music industry since 1945: the importance of endogenous sunk costs led to a quality race; the fact that marginal revenue equalled ...
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https://eprints.lse.ac.uk/47507/1/wp170.pdf
international recorded music industry since 1945: the importance of endogenous sunk costs led to a quality race; the fact that marginal revenue equalled ...
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87
Summary of UN Report on Streaming - UMAW
https://www.unionofmusicians.org/un-report
“...global recorded music revenues have grown six consecutive years to a total of $21.6 billion in 2020, a substantial growth rate even in the pandemic.
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https://www.unionofmusicians.org/un-report
“...global recorded music revenues have grown six consecutive years to a total of $21.6 billion in 2020, a substantial growth rate even in the pandemic.
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88
This Is Music 2021
https://www.ukmusic.org/wp-content/uploads/2021/10/This-is-Music-2021-v2.pdf
Every year, we publish data on the economic value of the UK's world-leading music industry. After a period of double-digit growth and record figures in 2019 ...
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https://www.ukmusic.org/wp-content/uploads/2021/10/This-is-Music-2021-v2.pdf
Every year, we publish data on the economic value of the UK's world-leading music industry. After a period of double-digit growth and record figures in 2019 ...
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89
1% of recording artists earn 77% of recorded music revenue
https://www.thatericalper.com/2014/11/20/1-of-recording-artists-earn-77-of-recorded-music-revenue/
Because the most-popular songs now stay on the charts for months, the relative value of a hit has exploded. The top 1 percent of bands and solo ...
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https://www.thatericalper.com/2014/11/20/1-of-recording-artists-earn-77-of-recorded-music-revenue/
Because the most-popular songs now stay on the charts for months, the relative value of a hit has exploded. The top 1 percent of bands and solo ...
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90
Omdia forecasts recorded-music retail sales will top ... - WECT
https://www.wect.com/prnewswire/2022/05/09/omdia-forecasts-recorded-music-retail-sales-will-top-50bn-2026/?outputType=amp
LONDON, May 9, 2022 /PRNewswire/ -- The global retail value of recorded-music sales will register a record year in 2022 with sales set to ...
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https://www.wect.com/prnewswire/2022/05/09/omdia-forecasts-recorded-music-retail-sales-will-top-50bn-2026/?outputType=amp
LONDON, May 9, 2022 /PRNewswire/ -- The global retail value of recorded-music sales will register a record year in 2022 with sales set to ...
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91
Break Into the Music Industry: Launch Your Music Business ...
https://www.careersinmusic.com/music-industry/
(Worldwide sales of recorded music topped $22 billion a year in 2019, according to Music Industry expert forecaster MIDIA, and the RIAA ...
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https://www.careersinmusic.com/music-industry/
(Worldwide sales of recorded music topped $22 billion a year in 2019, according to Music Industry expert forecaster MIDIA, and the RIAA ...
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92
The global recorded music business was up $1.5b in 2020 ...
https://themusicnetwork.com/recorded-music-revenues-2020/
The global recorded music industry generated US$23.1 billion in 2020, despite the pandemic. This is according to a new report from the UK's ...
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https://themusicnetwork.com/recorded-music-revenues-2020/
The global recorded music industry generated US$23.1 billion in 2020, despite the pandemic. This is according to a new report from the UK's ...
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93
Streaming drives 2021 recorded music sales to ... - Reuters
https://www.reuters.com/lifestyle/streaming-drives-2021-recorded-music-sales-record-26-billion-2022-03-22/
LONDON, March 22 (Reuters) - Global recorded music revenues rose 18.5% last year driven by an increase in listeners tuning into paid ...
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https://www.reuters.com/lifestyle/streaming-drives-2021-recorded-music-sales-record-26-billion-2022-03-22/
LONDON, March 22 (Reuters) - Global recorded music revenues rose 18.5% last year driven by an increase in listeners tuning into paid ...
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94
GLOBAL MUSIC REPORT 2017
https://www.musikindustrie.de/fileadmin/bvmi/upload/06_Publikationen/GMR/GMR2017_press.pdf
The value of record companies. 34. 10. Safeguarding music. 37. 11. Working with artists. 39. CONTENTS www.ifpi.org. @IFPI_org. Designed by Studiomade.
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https://www.musikindustrie.de/fileadmin/bvmi/upload/06_Publikationen/GMR/GMR2017_press.pdf
The value of record companies. 34. 10. Safeguarding music. 37. 11. Working with artists. 39. CONTENTS www.ifpi.org. @IFPI_org. Designed by Studiomade.
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95
Streaming Services Are the Future of the Music Industry. But ...
https://onlabor.org/streaming-services-are-the-future-of-the-music-industry-but-theyre-leaving-musicians-behind/
Once royalty payments are made to an artists' label, the payment is divided among all interested parties. Typically, record labels take home the ...
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https://onlabor.org/streaming-services-are-the-future-of-the-music-industry-but-theyre-leaving-musicians-behind/
Once royalty payments are made to an artists' label, the payment is divided among all interested parties. Typically, record labels take home the ...
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96
The history of music distribution | Features - MN2S
https://mn2s.com/news/label-services/the-history-of-music-distribution/
It's hard to know what the future of the music industry holds, with an ever-diminishing marginal value for recorded music as streaming services ...
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https://mn2s.com/news/label-services/the-history-of-music-distribution/
It's hard to know what the future of the music industry holds, with an ever-diminishing marginal value for recorded music as streaming services ...
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