Tag: market data

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PwC predicts video-streaming will be a $30.6bn market by 2022

The global ‘over-the-top’ video market will grow from $22.6bn in 2018 to $30.6bn in 2022, according to the latest prediction from PricewaterhouseCoopers. Its Global Entertainment and Media Outlook 2018-2022 report...
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Report: electronic-music industry’s value fell by 2% in 2017

Steel yourself for (yet) another wave of ‘EDM has peaked!’ headlines this week. That’s not the thrust of the latest version of the annual International Music Summit (IMS) Business Report, but its key finding – that...
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Superfans account for 72% of UK vinyl market says ERA

The UK’s Entertainment Retailers Association (ERA) has put out some data on the importance of ‘superfans’. By its definition, those are people who spend more than £400 a year on their favourite entertainment format,...
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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...
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Report: US iPhone app spending grew by 23% in 2017

Sensor Tower is the latest research firm putting out numbers on the apps market for 2017, this time focusing on iPhone app spending in the US. It claims that the average amount spent per active iPhone in the US was $58...
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British labels’ 10.6% revenue rise is ‘fastest since Britpop’

British industry body the BPI has published its official label-income figures for 2017, covering recorded-music revenues in the UK. They show a 10.6% rise to £839.4m, with the chosen angle being that this is the fastest...
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Report claims Apple’s music app has 49.5m users in the US

Research firm Verto Analytics has put out some new numbers comparing Apple Music and Spotify in the US, but it’s important to understand exactly what it’s measuring. And what it isn’t. “This month’s Verto Index...
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US recorded-music revenues rose 16.5% in 2017 to $8.72bn

US industry body the RIAA has published its figures for recorded-music revenues in 2017, and they show a 16.5% rise in ‘estimated retail value’ to $8.72bn. That represents accelerating growth, after an 11.4% rise in...
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Spotify, Pandora and Apple Music attract US young adults

Research firm Morning Consult has published the results of its latest survey, of 2,201 American adults, focusing on the music-streaming market. It found that 30% said they have a Pandora “subscription”, while 21% have...
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Nearly 8.3m Brits were music-streaming subscribers in January

While recent ERA and BPI figures have made much of the growth in revenue and consumption of music streaming services in the UK, they didn’t explains how many people in Britain pay for a music subscription. Now we have...
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YouTube targeted as German music revenues show slight decline

We’ve already seen strong recorded-music revenue growth in the 2017 figures from a number of countries, but Germany isn’t among them. Stats published yesterday by industry body BVMI revealed that recorded music generated...
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New report quantifies the independent US creative economy

A new report published by a lobbying coalition called Re:Create – we’ll get to who that is in a bit – is trying to put some numbers to the independent creative economy in the US. The report is deliberately narrow...