Tag: market data

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Goldman Sachs ups its forecasts for music streaming (and UMG)

Financial giant Goldman Sachs’ bullish music industry forecasts have sparked questions in the past about potential conflicts of interest in its work for and/or ownership of shares in companies including Vivendi and Spotify. It’s...
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IFPI report reveals 7.4% growth in global recorded music revenues

Global recorded music revenues grew by 7.4% to $21.6bn in 2020, according to industry body the IFPI, which has published its annual Global Music Report today. That's a deceleration compared to 2019, when the market grew...
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DIY artists released 9.5m tracks in 2020 – 8x the major labels

There are plenty of interesting stats in Will Page’s latest article for the Financial Times, as you’d expect from a former Spotify chief economist. One that stood out for us showed the current scale of DIY artists...
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Covid-19 to ‘wipe out’ five years of songwriter royalties growth

Good morning! It's us again, bringing you a whopping serving of bad news. Well, there are positive things in global collecting societies body Cisac's latest annual report too, for last year, but the organisation makes it...
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Report claims Spotify has overtaken Apple in key markets for podcast listeners

Reputable figures breaking down the global podcasts market are hard to come by, but there’s been a general consensus that Apple Podcasts (formerly iTunes) has been the biggest platform by far; that the rest of the market...
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US Latin music revenues grew by 18.6% in first half of 2020

US trade body the RIAA has published its mid-year figures for Latin music in the US, and once again it has outperformed the overall market. The body recently reported that the US recorded music market grew by 5.6% year-on-year in...
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Report: Q2 music streaming revenues declined quarter-on-quarter

Research firm Counterpoint Research has published its latest analysis of the global music streaming market, claiming that it was worth $6.7bn in the second quarter of 2020. That's growth of 13% year-on-year, but a decline...
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France’s music market grew by 0.4% in first half of 2020

Industry body SNEP has published its figures for France's recorded music market in the first half of 2020. It reveals a 0.4% year-on-year growth in revenues to €279m, a notable slowdown from the increases in recent years. And...
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IMI boss says there are only 1m music subscribers in India

Blaise Fernandes is the boss of Indian music industry body IMI. He's been talking to Exchange4Media about the challenges for the streaming music market ['audio OTT' is the preferred phrase there] in India. "OTT is our...
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US recorded music revenues grew by 5.6% in first half of 2020

US music industry body the RIAA has published its annual mid-year stats for the recorded music market there. They show that revenues grew by 5.6% year-on-year to $5.7bn in the first half of 2020. The story here, as in...
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Spain’s recorded music revenues growing despite Covid-19

The latest national music body to reveal recorded music figures that include the initial impact of the Covid-19 pandemic is Promusicae in Spain. Recorded revenues for the first half of 2020 grew by 4% year-on-year to €145.1m. That's...
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Covid-19 may spark 56% drop in electronic music industry value

Every year, the IMS Business Report offers a roundup of trends in the electronic music world. This year's report, published yesterday, adds in data on the impact that the Covid-19 pandemic has had on the sector. "Dance/Electronic...