The global crowdfunding market is set to decline by 17% over the next three years, according to the recent projections. An in-depth market analysis now asserts that the crowdfunding model is in serious decline. But maybe that was obvious. Evidence of …
Category archives: Data & Research
DJ Earnings Plunge to a Five-Year Low as EDM Revenues Continue to Slide
A new report from the International Music Summit’s annual economic study reveals that EDM music and DJ pay is trending downward. Las Vegas night clubs and parties have long fueled the growth of EDM in the United States, but that trend appears to be slo…
Record Labels’ A&R and Marketing Investment Reaches $5.8 Billion in 2017
In a new report from the International Federation of the Phonographic Industry (IFPI), record labels reached a new investment milestone in A&R and marketing around the world. In 2017, labels invested $5.8 billion. Breaking that number down, A&…
Canada Has a Solution for Growing Local Talent: Make Streaming Services Pay for It
The Standing Committee on Canadian Heritage has unveiled its report on the Copyright Act, and the local music industry is rejoicing. The all-party committee of MPs (Member of Parliament) has recommended that the Canadian government set harsher rules fo…
The Week’s Top U.S. Festivals & Tours, Presented by SeatGeek
The most popular concert tickets, tour stops, and artists around the country, through Wednesday, May 8th. Welcome to our weekly report on the world of live music, based on exclusive data from SeatGeek, a ticketing platform that enables fans to buy and …
Florence + The Machine Beats Adele’s All-Time Recognition Record on Shazam
Several years ago, Adele set a seemingly unbreakable record. Users on Shazam searched for her 2015 single, ‘Hello,’ over 200,000 times in its first 24 hours. Breaking that number down, more than two people every second searched for the song during that…
Streaming Music Actually Produces More Pollution Than Any Other Music Format, Report Finds
Streaming music reduces pollution, right? WRONG. According to a new report, streaming music actually harms the environment more than other musical format. A new study published by the University of Glasglow in partnership with media outlet The Convers…
Streaming Now Makes Up 71.4% of the Australian Music Market
Streaming continues to push up global recorded music revenue. Now, Australia has revealed just how much the medium has driven up local recorded music revenue. Over the past few years, multiple music markets around the world have exploded – revenue-wis…
Paid Streaming Subscriptions Now Account for 37% of Global Recorded Music Revenue
This year, expect paid streaming music revenue to account for over half of all global recorded music revenue. According to the RIAA, paid subscription streaming in the US remained the largest driver of revenue for the American music industry. Last yea…
Spotify Will Overtake Pandora’s Total U.S. Listener Count by 2021, Report Predicts
Sirius-owned Pandora has long retained the top spot as the most popular music streaming service in the US. But that might be changing soon. A new report from marketing analyst eMarketer suggests that Spotify will overtake Pandora as the most popular s…