The global recorded music business generated over $50m a day last year – and more than $2m of it went to DIY artists

Midia Research’s numbers suggest DIY artists took a 4.1% market share, with Universal Music Group on 30%
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Why Apple’s profit warning could put music and video center stage at the company

Apple’s Services division is becoming increasingly important for the US corporation, says MIDiA’s Mark Mulligan
The post Why Apple’s profit warning could put music and video center stage at the company appeared first on Music Business Worldwide.

The global recorded music business is on course to top $20bn in annual revenues in 2019 – but it can’t over-rely on the USA

Mark Mulligan says that global sales hit $18.9bn this year
The post The global recorded music business is on course to top $20bn in annual revenues in 2019 – but it can’t over-rely on the USA appeared first on Music Business Worldwide.

Spotify ‘doing a Netflix’: is Daniel Ek’s platform already too big for the labels to stop it?

Mark Mulligan on why the major rights-holders may be facing a ‘prisoner’s dilemma’
The post Spotify ‘doing a Netflix’: is Daniel Ek’s platform already too big for the labels to stop it? appeared first on Music Business Worldwide.

A million new tracks are being uploaded to streaming service Napster every 6 weeks

Bill Patrizio revealed intriguing stat at Midem last week
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Despacito storms past 5bn streams milestone as Latin America takes flight

Analyst Mark Mulligan explains why record-breaking single may be ‘the new normal’
The post Despacito storms past 5bn streams milestone as Latin America takes flight appeared first on Music Business Worldwide.