Entertainment

Music Industry

Over the past few years, with the emergence of streaming, the music industry has undergone a radical transformation. However, the music revenues broke all records since the 1990's. Do not miss any meaningful information related to the music industry with Music Industry Essentials!

Top news of the week: 03.11.2022.

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#UMG
#WMG
#musictech
#musicians
#SME

@MusicREDEF shared
On Nov 1, 2022
Music Catalogs Are Worth More as Streaming Grows -- Here’s Why (@theglennpeoples - @billboard) https://t.co/LMquhljR19
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Music Catalogs Are Worth More as Streaming Grows — Here’s Why

Music Catalogs Are Worth More as Streaming Grows — Here’s Why

A new paper finds that streaming accounts for 62% of the average multiple of net publisher’s share paid for a publishing catalog.

@MusicREDEF shared
On Nov 3, 2022
Global Music Copyright Revenue Grew 18% in 2021 (@theglennpeoples - @billboard) https://t.co/uUTLZeN3Vc
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Global Music Copyright Revenue Grew 18% in 2021

Global Music Copyright Revenue Grew 18% in 2021

Record labels’ share of revenue increased as well — a consequence of streaming’s dominance.

@BillWerde shared
On Nov 2, 2022
Midnights/@taylorswift13 offers major lessons for the #musicbiz. Lotta love to @hypebot for re-publishing my @fullratenocap deep dive. I wrote this bc I really couldn’t find the answers elsewhere that explained why this was succeeding at the level it was. https://t.co/PPqZuOCuSx
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@MusicREDEF shared
On Nov 1, 2022
Sony Music Revenues Improve on Streaming, Strength of Releases (@eadilts - @billboard) https://t.co/LlmoUZNSFu
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Sony Music Revenues Improve on Streaming, Strength of Releases

Sony Music Revenues Improve on Streaming, Strength of Releases

Beyoncé, Harry Styles, Future and Doja Cat led Sony Music’s streaming gains in the fiscal quarter ended Sept. 30.

@MusicREDEF shared
On Nov 3, 2022
Outgoing AIM CEO Paul Pacifico to Develop Saudi Music Sector as Head of Country’s Music Commission (@rsmirke - @billboard) https://t.co/K6TIUO7BzG
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Outgoing AIM CEO Paul Pacifico to Develop Saudi Music Sector as Head of Country’s Music Commission

Outgoing AIM CEO Paul Pacifico to Develop Saudi Music Sector as Head of Country’s Music Commission

The Middle East and North Africa grew the fastest of any region in 2021, with recorded music revenues growing by 35% to $89.5 million

@MusicREDEF shared
On Nov 2, 2022
Opry Entertainment Group Revenue Soars 57.3% in Q3 as Nashville Recovers From Pandemic (@theglennpeoples - @billboard) https://t.co/buGnaR1MYm
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Opry Entertainment Group Revenue Soars 57.3% in Q3 as Nashville Recovers From Pandemic

Opry Entertainment Group Revenue Soars 57.3% in Q3 as Nashville Recovers From Pandemic

Ryman Hospitality Properties’ entertainment segment should “flourish as a standalone, separate entity,” said CEO Colin Reed.

@hypebot shared
On Oct 28, 2022
The music industry needs a makeover [Mark Mulligan of MIDiA] https://t.co/Z3E356QVNV #musicbiz #music #musicbusiness #musicnews #musictech #musicians #UMG #WMG #SME
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The music industry needs a makeover [Mark Mulligan of MIDiA]

The music industry needs a makeover [Mark Mulligan of MIDiA]

According to Mark Mulligan of MIDiA, the music industry as we know it needs a new format. Here’s what he suggests… ‘ by Mark Mulligan of Music Industry Blog Non-DSP. Continue reading

@midiaresearch shared
On Nov 1, 2022
Today, @amazonmusic announced it was extending the number of songs available on its Prime Music tier from two million to one hundred million. MIDiA’s @Mark_Mulligan dives into Amazon Music’s superpowers in the market. Click here to read more: https://t.co/pHzJfc9K6n
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Why Amazon Music is primed for success

Why Amazon Music is primed for success

Amazon Music today announced that it was extending the number of songs available on its Prime Music tier from two million to one hundred million. It is kind of a big deal, but not that big ...