American band Animal collective announced yesterday that they have cancelled their upcoming tour of the UK and Europe.
Dice CEO talks live music habits, hybrid tours and Germany
Ticketing and livestreams firm Dice expanded to Germany this month, having raised $122m of funding last September.
Spotify adds Covid warnings and tests podcast discovery feature
At the height of the controversy over Joe Rogan’s podcast and Covid-19 misinformation, Spotify revealed plans to add a ‘content advisory’ warning.
Spanish 18 year-olds to receive €400 of ‘culture vouchers’ each
The Spanish government has revealed its latest effort to help the creative and cultural industries bounce back from Covid-19: the Youth Cultural Bonus.
Australian music industry calls for Covid-19 live fund
As a new wave of Covid-19 restrictions hit the Australian live music business, a group of industry bodies is calling for more support from the government there.
Vaccine passports required to attend many concerts in England from 15 December
As the Omicron variant continues to spread rapidly, the UK Government has rushed through “Plan B” vaccine passport and facemark restrictions in England.
Help Musicians warns that Covid-19 catastrophe is not over
UK-based charity Help Musicians surveyed British professional musicians a year ago and found that 55% were not earning anything at all from music, due to the Covid-19 pandemic.
Have things improved? They have a bit: a new survey conducted by the charity in August 2021 found that the percentage earning nothing from their music has fallen to 33%.
It’s still a third though, with 83% saying that ‘an inconsistency of bookings is stalling their ability to get their careers back on track’ and that 22% are considering leaving the industry.
Japan and South Korea begin to ease live-events restrictions
Slowly, and not always as surely as our industry would like, the live music industry is opening up again after its Covid-19 shutdowns.
Covid-19 ‘wiped out’ a third of jobs in the UK music industry
Industry body UK Music has published its latest ‘This Is Music’ annual report, and it has some sobering stats on Covid-19’s impact on the British music industry.
£750m government insurance scheme to protect UK live events and festivals
Earlier this week, the UK government’s announcement about UK artists touring in the EU, post-Brexit, was greeted with a mixed response. Today there’s slightly rosier, but similarly varied, levels of enthusiasm […]
Event-planning startup OnePlan raises $3.8m funding round
Planning a festival or concert right now is a fraught business thanks to Covid-19, from safety measures to securing the necessary insurance to go ahead. OnePlan is one of the startups trying […]
Covid-19 caused a sharp fall in global dance music revenues
IMS Ibiza has published its annual business report on the electronic music industry, including a blunt assessment of how the Covid-19 pandemic affected the sector’s value. That’s down from an estimated $7.3bn in 2019 to $3.4bn in 2020, with the main hits taken by DJ and artist earnings (down $743m, or 68%) and clubs’ and festivals’ revenues (down $3.4bn, or 78%).
It’s an interesting report, because it looks beyond music and events to include the software and hardware used to make electronic music. That category saw revenues rise by 23% to $1.1bn in 2020 according to IMS’s calculations, while music sales and streaming revenues also grew – up 4% to $1bn. “Down but not out,” is the report’s optimistic summary of the situation.
The bigger picture is of the competition between electronic music and hip-hop, with a sense of the latter having grown (for example its share of the artists on Spotify’s top 200 charts) at the former’s expense in recent years, but also a prediction that if and when hip-hop’s latest wave starts to plateau, electronic music may surge again.
There is plenty more in the report, from livestreaming’s growth, NFTs, gaming opportunities and data on the push for greater diversity in the upper ranks of DJing, to hopes for a “roaring 20s” for clubbing – if slightly brought down to earth by Google data indicating that in recent months “for the first time, searches in the UK for Skegness were higher than searches for Ibiza” as holidaymakers eyed domestic destinations.