Blog: Music - Page 6

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.

Global recorded music revenues grew by 9.8% in 2023

Cover image for Global recorded music revenues grew by 9.8% in 2023

Mark Mulligan

18 Mar 2024

recorded music 2023

recorded music revenues

Growth is back! After a slower 2022, global recorded music revenues grew by 9.8% in 2023 to reach $35.1 billion, compared to 7.1% in 2022, which means that the market is now more than double (124.5%) the size it was in 2015.

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MIDiA independent label and distributor survey

Cover image for MIDiA independent label and distributor survey

Mark Mulligan

14 Mar 2024

Independent labels

MIDiA is fielding its annual independent label and distributor survey . This is the chance for the independent sector to have its voice heard. Given all of the changes that are taking place in the streaming economy, there has perhaps never been a more important time for this.

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Music has a gender problem — why do women bear the burden of fixing it?

Cover image for Music has a gender problem — why do women bear the burden of fixing it?

Tatiana Cirisano

13 Mar 2024

gender equality

On International Womens’ Day, MIDiA published the fourth annual edition of BE THE CHANGE: Gender equity in music , in collaboration with TuneCore and Believe. We surveyed more than 4,100 music creators and professionals from 133 countries, as well as conducting interviews, to learn about their challenges in the industry.

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TikTok highlights the importance of publishing — and lack of songwriter services

Cover image for TikTok highlights the importance of publishing — and lack of songwriter services

Tatiana Cirisano

29 Feb 2024

It is no news flash that the music business has a reputation for undervaluing songwriters. Despite being arguably the most important part of the song, the shift to streaming has been even more disastrous for songwriters’ remuneration than artists.

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Could YouTube be the music-first social platform the industry needs?

Cover image for Could YouTube be the music-first social platform the industry needs?

Tatiana Cirisano

22 Feb 2024

In December, we mused on what could happen if artists collectively stepped off the content treadmill. With Universal Music Group (UMG) removing its catalogue from TikTok, that thought experiment came startlingly close to fruition.

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Social is the new streaming… but the cracks are already showing

Cover image for Social is the new streaming… but the cracks are already showing

Hanna Kahlert

22 Feb 2024

When streaming first overtook music, it did so by force. Audiences quickly latched on to the freedoms of digital life and the accessibility of music on the internet. Piracy was on the rise and downloading music via Napster and LimeWire became a shared memory for millennials.

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Music creators – take our survey!

Cover image for Music creators – take our survey!

Mark Mulligan

21 Feb 2024

Cultural trends

MIDiA is fielding its annual music creator survey and if you are a music creator we would like you to take part. Whether you are a songwriter, artist, producer, engineer, vocalist, DJ, instrumentalist, soundtrack composer, or whatever you may be, we want to hear from you.

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Music subscriber market shares 2023: New momentum

Cover image for Music subscriber market shares 2023: New momentum

Mark Mulligan

8 Feb 2024

music subscriber market shares

Streaming market share

With UMG leading the charge to reshape the music industry into a more label-friendly form, 2023 may, with hindsight, go down as the year before everything changed . Whatever lies ahead though, new models will take time to deliver benefits.

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What is at stake in the TikTok-UMG showdown

Cover image for What is at stake in the TikTok-UMG showdown

Tatiana Cirisano

1 Feb 2024

Music streaming

Universal Music Group

Music’s biggest on-again, off-again relationship just took a turn for the ugly, as Universal Music Group is pulling its music off TikTok. We have seen this movie before: Every time the music industry negotiates licenses with social platforms, the battle boils down to a question of who needs the other more.

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PLAY – music’s next chapter

Cover image for PLAY – music’s next chapter

Mark Mulligan

31 Jan 2024

Business Strategy

The old maxim that change is the only constant feels tailor made for the 21stcentury music business. No sooner does the industry get its head around one paradigm shift then another one comes along. First piracy, then downloads, then streaming, then the rise of the independent artist and now…well, just what is ‘now’? AI may be the word on everyone’s lips, but as transformational as it will be, it is going to be an enabler of a wider shift, one that will see a forking from today’s LISTEN-focused ecosystem, resulting in the emergence of a new, parallel PLAY-focused one.

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The crumbling of music media is a disaster for the music industry

Cover image for The crumbling of music media is a disaster for the music industry

Tatiana Cirisano

22 Jan 2024

music journalism

As a former music journalist, I can say that layoffs are somewhat to be expected when you work in media. Nobody gets into this industry looking for stability. But the past 12 months have felt especially grim, with a growing list of mass layoffs and complete shutdowns that includes Bandcamp Daily , MTV News , NPR , Vox Media, and Los Angeles Times , to name just a few.

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Why the Stanley tumbler may be half full

Cover image for Why the Stanley tumbler may be half full

Tatiana Cirisano

16 Jan 2024

If you were not familiar with the Stanley cup a month ago, you likely are now. Over the holiday season, the 40-ounce tumbler rocketed from being a relatively niche item favourited by moms to the Gen Z stocking stuffer sold-out at Targets everywhere, and now it is seemingly inescapable.

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Like Netflix, music needs a ‘second screen’ strategy

Cover image for Like Netflix, music needs a ‘second screen’ strategy

Tatiana Cirisano

4 Jan 2024

Music streaming

The attention economy is more competitive than ever, with all entertainment types increasingly competing with each other for the same finite time. This has led to new levels of multitasking, like listening to a podcast while doing the daily Wordle, or online shopping from your iPhone while catching up on The Crown .

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Despite its hyper-futurism, 2023 was a return to the past

Cover image for Despite its hyper-futurism, 2023 was a return to the past

Tatiana Cirisano

21 Dec 2023

From politics to tech to entertainment, the past few years can best be described as unprecedented. In 2023, daily life felt especially futuristic and surreal, with artificial intelligence dominating the discourse.

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Artists are speaking out about the content treadmill — is it too late to slow down?

Cover image for Artists are speaking out about the content treadmill — is it too late to slow down?

Tatiana Cirisano

14 Dec 2023

If you were on the music industry bubble of X this week, you probably caught wind of Bethany Cosentino’s honest reflection of her solo album release. For the uninitiated, the frontwoman of cult California rock duo Best Coast released her first solo album, Natural Disaster , in July, but it did not go as she planned.

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State of the music creator economy – The consumer era

Cover image for State of the music creator economy – The consumer era

Mark Mulligan

14 Dec 2023

Music creator tools

Creator economy

MIDiA is excited to announce the publication of the latest edition of its annual ‘State of the music creator economy’ report. Based on months of research, MIDiA creator and consumer surveys, market sizes and forecasts, this report is the definitive assessment of the music creator tools industry.

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Overanalysing our Spotify Wrapped: what MIDiA’s stats say about the industry

Cover image for Overanalysing our Spotify Wrapped: what MIDiA’s stats say about the industry

Tatiana Cirisano

4 Dec 2023

Music streaming

It would not be the holidays without Spotify Wrapped, the ubiquitous marketing scheme that involves Spotify repackaging the vast amount of data it collects about users into fun personalised insights ready for social media.

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Spotify re-positions two-tier licensing (we are getting closer, and it can be even better)

Cover image for Spotify re-positions two-tier licensing (we are getting closer, and it can be even better)

Mark Mulligan

24 Nov 2023

Two tier licensing

Streaming Royalties

Spotify released a blog post laying out how it wants the world to understand its new two-tier royalty system. The positioning is clear, leading with the statement that it will drive “an additional $1 billion toward[s] emerging and professional artists” and the PR push included several supporting quotes from the independent sector (with no major label quote to be seen).

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The $100m+ in-game opportunity behind music producers

Cover image for The $100m+ in-game opportunity behind music producers

Kriss Thakrar

15 Nov 2023

monetizing fandom

MIDiA’s latest forecasts predict that the video game industry will be worth over $300 billion in 2030, a figure that makes a minnow out of a music industry that will reach $87 billion in retail terms by 2030 .

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‘What’ it means to be a creator is changing dramatically. Why isn’t the ‘who’?

Cover image for ‘What’ it means to be a creator is changing dramatically. Why isn’t the ‘who’?

Tatiana Cirisano

9 Nov 2023

The year is 2023: Singers are turning their voices into playable instruments, bands are performing as holograms, entirely virtual artists are hitting the market, and one can spin up a finished song with 20 minutes and an iPhone.

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