Global recorded music industry revenues topped $20bn last year – but streaming growth slowed

The global recorded music industry generated $20.2bn in wholesale revenues – that’s the money making its way back to labels and artists – in 2019. This figure was up 8.2% on the prior year ($18.7bn), according to official industry data revealed i…

Spotify fake stream site smashed by record industry injunction in Germany

“This should be seen as a signal to other manipulation services that we are prepared to take action against them.”
The post Spotify fake stream site smashed by record industry injunction in Germany appeared first on Music Business Worldwide.

TOP POSTS: This Week’s Most Read Posts On Hypebot

Some of the most popular and frequently read posts on Hypebot this week dug into what streaming services are actually (maybe) pay out to artists, what we can learn from IFPI’s Music Listening Report, some of the essential skills every artist manager needs, and more! This Chart Shows What Streaming…

5 Big Takeaways From IFPI’s Music Listening Report 2019

IFPI, the global recorded music trade organization, today released its Music Listening 2019 report, which surveys how music consumers 16-64 engage with recorded music across 21 countries. Here are 5 big takeaways. The IFPI Music Listening report has been published in previous years under the title IFPI Music Consumer Insight…

IFPI to launch ‘formal inquiry’ into allegations surrounding Chairman Plácido Domingo

Global trade body taking internal action following sexual harassment claims
The post IFPI to launch ‘formal inquiry’ into allegations surrounding Chairman Plácido Domingo appeared first on Music Business Worldwide.

The Music Industry Successfully Shuts Down Convert2MP3

Looks like the music industry continues to score more victories in its fight against major music pirates. Starting a major offensive against music piracy several months ago, the Recording Industry Association of America (RIAA) has managed to shut down …

To Halt Rampant Fake Streams on Spotify, the Music Industry Signs Anti-Manipulation Code of Conduct

Admittedly, the music industry has a major problem – fake streams. Three years ago, for example, Norwegian newspaper Dagens Næringsliv (DN) found Jay-Z’s music streaming service, TIDAL, flat-out lied about its total streaming numbers for two popular al…