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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Mark Mulligan Of MIDiA To Keynote Premier Music Tectonics Conference Oct. 28-29

Straddling the increasingly important nexus of music and technology, organizers for the first annual Music Tectonics Conference in Los Angeles announced that MIDiA’s Mark Mulligan will deliver the keynote address. Set for October 28-29, the conference will also feature an address by music tech journalist (and DJ/producer) Dani Deahl, who…

FREE REPORT: Independent Artists In The Age of Empowerment [Mark Mulligan]

Digital music distributor Amuse and consultancy MIDiA have partnered to release Independent Artists: The Age of Empowerment, a free report that shows the growing power and potential of independent artists – artists how are growing a substantial career without the help of a record label. _____________________________________ By Mark Mulligan of…

DIY Musicians Now Earn More Than $2 Billion A Year

DIY musicians now in earn more than $2 billion a year from recorded music, music publishing income, live performance fees, merchandise sales and other income Music industry analysts MIDiA recently estimated that DIY and self releasing artists earned $643 million in recorded music revenue in 2018. In a new Rolling…

The global record industry generated $18.8bn last year – with 31% going to Universal Music Group

Universal’s market share increased by 0.6 points to 30.3%
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Streaming, Artists Without Labels Are Driving Music Industry Growth [Mark Mulligan]

Three key factors shaped the music industry over the last year, according to Mark Mulligan of MIDiA: continued growth, streaming and artists direct (artists without labels).These findings are highlights of the MIDiA Research report: Recorded Music Market 2018: Stream Engine. ________________________ By Mark Mulligan of MIDiA from the Music Industry…

Spotify Reports Growth and A Hint of Profitability, But Questions Remain [Mark Mulligan]

MIDiA analyst Mark Mulligan takes a deep dive into Spotify’s latest public numbers and finds some areas for real concern. "Spotify is growing its subscriber base markedly more quickly than it is growing its premium revenue," says Mulligan, and that is resulting in declining average revenue per user (APRU). ____________________________…

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
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Global recorded music industry revenues topped $17bn in 2017 – and independent artists generated $472m of it

Industry revenues have grown by over $2bn in past two years, says Midia Research
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