The recorded music industry did alright last year with $12 billion in revenue
Although COVID obviously hit live music like a ton of bricks, the recorded music industry had a much better year, with overall revenue up 9%. Unsurprisingly, streaming continues to dominate,. Continue reading
COVID Bounce and the impending Attention Recession [Mark Mulligan]
While COVID has certainly been tough on the live music industry, the entertainment industry overall an impressive bounce from the captive, static audience produced by lockdown, but soon – as. Continue reading
Congress pushes SBA to accelerate venue bailout payments before it’s too late
More than two months after Congress passed a $15 billion dollar relief measure aimed at the live events industry, venue operators are still waiting for the promised aid. On Thursday,. Continue reading
Don’t miss this week’s women-led music production, tech summit She Knows Tech
She Knows Tech Summit is a digital event celebrating National Women’s Day, and is aimed at a new generation of multifaceted producers, artists, songwriters and other music professionals. Guest post. Continue reading
Your Morning Coffee: fan data • steaming economics • fan clubs • more
Episode 29 of the “Your Morning Coffee: Weekly Music News for the New Music Business” podcast with Jay Gilbert and Mike Etchart is live. Episode #29 Highlights On a new episode. Continue reading
Songtrust turns 10, expands royalty collection coverage to 98% of global music market
Songtrust is turning ten years old in 2021 representing 3 million songs by 350,000 songwriters from 145 countries. Songtrust also announced that its Collections Network is increasing by 30 countries. Continue reading
WED. BRIEF: Maestro, Looped funding • Festivals cancel, postpone • iOS music updates • more
WEDNESDAY 3.3.2021 • Music Business News From Across The Web Updated Continuously Under The More News Tab Above
Independent artists and smaller labels grew fastest in 2020 [Mark Mulligan]
“The headline is that independents as a whole grew market share in 2020 from 29.7% to 31.1%,” writes MIDiA top analyst Mark Mulligan, and that trend is accelerating. By Mark. Continue reading
Look at Live Nation’s optimistic view of the return of live music
Perhaps it’s bravado designed to push up it’s stock price or perhaps they know something the rest of us don’t, but Live Nation is pushing an optimistic view of how. Continue reading
Soundcloud shifts to ‘fan-powered’ royalties but artists must pay to get paid
Soundcloud has become the first major streaming service to shift to a user-centric artist payment system it is calling “fan-powered” royalties. Beginning on April 1, each Soundcloud listener’s subscription or. Continue reading
