Global recorded-music revenues grew by 8.1% in 2017 says IFPI
The global recorded-music market was worth $17.3bn in 2017, up 8.1% on 2016 in what was a third consecutive year of growth for the industry. This is according to the IFPI’s Global Music Report, which is being published...
April 24, 2018
Music bodies confirm YouTube-MP3 stream-ripping shutdown
Reports on a court filing meant that the news of a settlement between labels and stream-ripping site YouTube-MP3 broke before the relevant industry bodies could announce it. But announce it they did, yesterday, with the...
September 8, 2017
Canada ruling could force Google to remove ‘illegal’ sites
Equustek hasn’t been on Music Ally’s radar before, as industrial automation solutions aren’t quite our editorial bag. However, a ruling by the Supreme Court of Canada involving the company is making major waves in...
June 29, 2017
Music Ally Issue 404: IFPI Data & Five Big Questions
Lead: For the most part, the IFPI’s numbers for 2016 were good news – albeit presented with the caveat that we are not out of the woods yet. But digging into the numbers, we have five big questions that need answering...
June 1, 2017
IFPI and BPI hit back at YouTube over cannibalisation report
Did music industry body the IFPI have something to say about the YouTube-commissioned report suggesting that Google's video service isn't cannibalising higher-value streaming services? Of course it did. The global body...
May 11, 2017
Major labels Universal, Sony and Warner talk 2016 growth… and beyond
Yesterday, the IFPI announced that global recorded-music revenues grew by 5.9% to $15.7bn in 2016. The body held a press conference with representatives from all three major labels sharing their views on the growth. After...
April 26, 2017
Recorded music revenues up 5.9% in 2016: ‘This isn’t mission accomplished…’
At the end of 2015, 68 million people were paying for a subscription to music-streaming services like Spotify, Apple Music and their rivals. A year later, that figure had grown to 97 million, according to industry body...
April 25, 2017
IFPI Norway head: “YouTube is not doing anything wrong: the legislation is wrong.”
Music Ally’s second conference session at the by:Larm festival this morning saw IFPI Norway boss Marte Thorsby joined by ReedSmith partner Gregor Pryor and PIAS director of streaming strategy Justin Barker. In a panel...
March 2, 2017
IFPI names Drake biggest recording artist of 2016. But was he?
Drake has been named as "the world's best-selling recording artist of 2016" by the IFPI, making him the fourth recipient of the music industry body's Global Recording Artist of the Year award. Drake topped the body's 2016...
February 8, 2017
IFPI hits back at YouTube over $1bn payouts claim
Is the IFPI impressed with YouTube’s claim that it has paid $1bn out to the music industry in 2016 from ads? Entirely unsurprisingly, it isn’t, saying that the announcement “gives little reason to celebrate”. In a...
December 8, 2016
YouTube pays out $1bn in ad revenue to music industry in past year
Amid the politicking around the “value gap”, an old revenue figure of $3bn paid to music rightsholders since 2007 was commonly thrown around to prove that YouTube was either great for the music industry or terrible for...
December 6, 2016
Labels are ‘investing in music’… but so are streaming services
The IFPI has released its latest ‘Investing in Music’ report, which as in previous years quantifies the A&R and marketing investment made by major and independent labels. As before, its goal is partly to fend off the...
December 1, 2016