Blog: Music Industry - Page 10

Read our latest daily deep dives, hot takes, and exciting updates about the entertainment world. Check out the latest insight from your favourite analyst, or search by coverage areas - music, entertainment and fandom, creator economy and social.

YouTube at two billion: Still much more music opportunity to be had

Cover image for YouTube at two billion: Still much more music opportunity to be had

Mark Mulligan

17 Nov 2020

YouTube just announced its milestone of reaching two billion music users on the platform . YouTube has long been the largest music service on the planet, and it has just extended that lead. In 2019, its official total user number was two billion.

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Are rights holders missing the point with Twitch?

Cover image for Are rights holders missing the point with Twitch?

Mark Mulligan

13 Nov 2020

Twitch has apologised to its users for the growing volume of rights holder takedown notices for music used in Twitch videos . Twitch is in an awkward transitionary phase with music rights holders, not dissimilar to where YouTube was when it was acquired by Google.

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Live streaming centre stage for 2021

Cover image for Live streaming centre stage for 2021

Keith Jopling

2 Nov 2020

Live music industry

The longer the pandemic continues, the harder it gets for the live music business (and other cultural sectors built around live performance) to sustain hope of a ‘return to normal’. I hate saying it, but there it is.

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Spotify Q3 2020: What price growth?

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Mark Mulligan

29 Oct 2020

Spotify reported another strong quarter in Q3 2020, with subscriber growth up 27% year-on-year (YoY) and ad-supported user growth up 21%. Spotify continues to set the pace for the global streaming market and has demonstrated that streaming has proven resilient to lockdown.

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How YouTube can be a music industry growth driver

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Mark Mulligan

23 Oct 2020

In the coming weeks MIDiA will be presenting the third edition of its biannual YouTube music report, State of the YouTube Music Economy 3.0: End of the Beginning. This is a major report that presents the definitive traits of the YouTube music economy, including revenues, royalty payments, streams, s...

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Live streaming and the role of music artist empowerment in the digital era

Cover image for Live streaming and the role of music artist empowerment in the digital era

Hanna Kahlert

19 Oct 2020

Music streaming

As the coronavirus lockdowns have forced venues to close and people indoors, artists have been unevenly impacted across the music industry. While many bigger studios were forced to cease operations, and some artists unable to release or record music – often relying on previous recordings they coul...

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HomePod Mini: Apple’s pandemic-era product

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Mark Mulligan

15 Oct 2020

Apple’s Tuesday product announcement showcased its 5G iPhones, but also included the launch of the new $99 HomePod Mini. Though it might have looked like a supporting act for the launch, its strategic importance should not be underestimated – especially in the context of how Apple competes with ...

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Why Rishi Sunak is both wrong and right

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Mark Mulligan

8 Oct 2020

Earlier this week the UK Chancellor of the Exchequer Rishi Sunaksuggested that creatives such as musicians who had seen income dry up during COVID-19 should consider retraining for the new ‘opportunities’ the lockdown economy is generating.

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Why the struggle of small venues will affect the entire music industry

Cover image for Why the struggle of small venues will affect the entire music industry

Mark Mulligan

11 Sep 2020

Prior to the dislocation caused by the pandemic, live music operated with a structure that gave artists a clear sense of where they were in their careers and where they could aim for next. Small clubs represented the starting point, before moving up a ladder of venue sizes to theatres, arenas and st...

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Where did Disney and Live Nation’s missing $10 billion go?

Cover image for Where did Disney and Live Nation’s missing $10 billion go?

Mark Mulligan

4 Sep 2020

In both economic and pandemic terms, we are in a relatively quiet period compared to the first half of the year. COVID-19 is at much lower levels in most countries and there are multiple sectors, such as housing and auto, that are reporting booms.

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Who will own the virtual concert space?

Cover image for Who will own the virtual concert space?

Mark Mulligan

28 Aug 2020

2020 will go down as a rough year for many artists, largely because of the income they lost when live ground to a halt. Unfortunately, the live music sector is still going to be disrupted in 2021 and it may take even longer for the sector to return to ‘normal’.

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The Song Economy Part 3 – creating in the song economy

Cover image for The Song Economy Part 3 – creating in the song economy

Keith Jopling

13 Aug 2020

In ‘ The Song Economy is just getting started ’ I looked at how major catalogue songs such as Journey’s Don’t Stop Believin’, Toto’s Africa and Mariah Carey’s All I Want For Christmas Is You had all spent many years accumulating streams (audio and video), radio plays and ultimately for...

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Streaming’s remuneration model cannot be ‘fixed’

Cover image for Streaming’s remuneration model cannot be ‘fixed’

Mark Mulligan

12 Aug 2020

The #brokenrecord debate continues to build momentum and new models such as user-centric are getting increased attention, including at governmental level in the UK. But as Mat Dryhurst correctly observes , there is a risk of the market falling into streaming fatalism; that the obsession with trying ...

min read

Newsflash: UMG, WMG and Spotify may have a problem with Tencent

Cover image for Newsflash: UMG, WMG and Spotify may have a problem with Tencent

Mark Mulligan

7 Aug 2020

Tencent Music Entertainment

UPDATE: A White House official confirmed to the LA Times that the announcement, at this stage, will not affect Tencent shareholdings of companies and clarified that the order only refers to transactions 'related to' WeChat.

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COVID-19 hit major labels much harder than it did Spotify

Cover image for COVID-19 hit major labels much harder than it did Spotify

Mark Mulligan

5 Aug 2020

Streaming revenue

major label streaming revenue

COVID-19 was always going to have a significant impact on the music business, and with the Q2 results for all of the major music companies now in we can start to look at just how big that impact has been so far.

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Why Spotify needs Russia

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Mark Mulligan

16 Jul 2020

Spotify’s delayed Russia launch finally happened this week . While it did not drive a stock price growth like the Josh Rogan deal did (the stock closed just 1 cent higher than the previous day’s close) it will actually prove much more important in the medium term.

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Music Subscriber Market Shares Q1 2020

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Mark Mulligan

23 Jun 2020

music subscribers

music subscriber market shares

WWDC would have been a perfect opportunity for Apple to announce another streaming milestone for Apple Music. It didn’t but the good news is that MIDiA already have a figure for Apple Music, as part of our latest music subscriber market shares.

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Music Streaming Needs a New Future

Cover image for Music Streaming Needs a New Future

Mark Mulligan

12 Jun 2020

While doing some research on the Chinese streaming market I came across this fantastic UX tear down of Xiami Music . I recommend you read it in full. The day before I found this–also must-read–article on Beyoncé’s streaming strategy ,which explains how she uses different platforms to segment ...

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The Global Music Industry Will Decline in 2020

Cover image for The Global Music Industry Will Decline in 2020

Mark Mulligan

3 Jun 2020

live music decline

live music forecasts

music industry forecasts

Sorry to be the bearer of bad tidings but the global music industry will decline in 2020. Although we are now nearing the post-lockdown era in many countries across the globe, we are only just at the start of the recession phase that is coming next.

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The Music Industry’s Next Five Growth Drivers

Cover image for The Music Industry’s Next Five Growth Drivers

Mark Mulligan

22 May 2020

The risk with trying to imagine what the future might look like is to simply think it is going to be a brighter, shinier version of today. At this precise moment in time, this has perhaps never been truer.

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