Paid subscriptions hit 589M as global music revenue growth slows to 9%
Paid music subscriptions passed 589 million at the end of 2022, up from 523 million in 2021, with combined ad-supported and paid streaming driving growth at 67% of global recorded. Continue reading
Universal Music, Deezer partner to test new streaming revenue models
During an investment call Thursday, Universal Music announced that it had partnered with EU-based streaming music service Deezer to develop a “new model” where “artists are rewarded for the fans. Continue reading
Rihanna’s Spotify streams up 640%, Apple rise 331% after Super Bowl
Rihanna took to the Super Bowl LVII’s halftime show stage Sunday with a medley of her hit tracks. Individual songs spiked as much as 2600%, and her overall U.S. Spotify. Continue reading
Drake wants a ‘Lebron-sized’ bonus from Spotify for passing 75B streams
Drake responded to the news that he was the first artist in history to accumulate more than 75 billion streams on Spotify with a challenge to the streamer to pay. Continue reading
UMG, TIDAL partner to develop an Artist & Fan-friendly streaming model
UMG is partnering with streaming service TIDAL to develop a new economic model for music streaming “that might better reward the value provided by artists” and more closely reflect fan. Continue reading
Songwriting, Music Production are still ‘FOR MEN ONLY’: USC Annenberg Study
Despite more than a decade of industry promises, Billboard Top 100 songwriters and producers remain an almost exclusively male and white club, according to the newest edition of the USC. Continue reading
Is being in a band obsolete? Solo artists dominate the charts
Only three songs by a band made it into Biillboard’s U.S. Top 100 of 2022. Every song other than one each from Glass Animals, Imagine Dragons, and One Republic was. Continue reading
Top 100 Music Producers Worldwide
Jaxta has named the world’s 100 most successful producers worldwide in 2022. The rankings are based on statistics from its 340+ data partners, including record labels, publishers, distributors, industry associations,. Continue reading
Indie label U.S. market share grew an impressive 27.8% last year
Industry headlines focused this week on the narrowing gap between #1 UMG and #2 Sony, but the big news in the year-end data from Luminate was the strength of independent. Continue reading
How perpetuity record deals are hurting artists
More labels often get called out for their exploitative record deals that have hurt artists like Taylor Swift and Anita Baker. Janelle Borg of AmplifyYou takes dives into why. by. Continue reading
