Tag: market data
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...
June 11, 2018
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...
May 24, 2018
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,...
May 16, 2018
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
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...
April 16, 2018
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...
April 11, 2018
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...
March 29, 2018
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...
March 22, 2018
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...
March 21, 2018
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...
March 5, 2018
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...
March 2, 2018
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...
February 19, 2018