Music industry

Music industry to nearly double in value by the end of the decade

Analysts at Goldman Sachs said in a research note that live music would be “severely impacted” by the postponement and cancellation of events this year, leading to a 75% drop in revenue. But, over the longer-term, analysts at the bank expected a strong rebound.

CNBC

Post-Pandemic Music Industry Predictions: The Great Divide Between Embraced And Impacted

Many great articles are being written about how musicians can survive these unprecedented times, from how to host live concerts, learn platforms like Twitch and how fans can support artists, among others.

Forbes

Sales of Instruments and Music Gear Are Soaring. Will Quarantine Spark a Renaissance?

Defying the economic downturn, online business is booming for Apple’s GarageBand music software, as well as Sweetwater, Guitar Center, Reverb, and other retailers.

Rolling Stones

It’s going to be a long road for everybody to start seeing recovery in the live music industry

That’s the multi-billion dollar question on the lips of everyone who works in the business globally, as festivals, agencies and promoters deal with the fallout of losing what could be an entire year’s worth of income as a result of the coronavirus crisis.

Music Business Worldwide

L’industrie allemande de la musique demande 628 millions de dollars en financement d’urgence

Des groupes de l’industrie musicale allemande avertissent le public et les représentants du gouvernement qu’un «effondrement corona» se produira à moins que la communauté musicale ne reçoive une aide financière supérieure à 628 millions de dollars (582 millions d’euros).

Breaking News

Los ingresos de la industria de la música caerán 25% en 2020 y tendrán un gran repunte en 2021

Luego de enfrentar tres meses de cancelaciones de conciertos, cierre de recintos y un stop general en casi todos los sectores de la industria debido a la pandemia del Covid-19, el pronóstico de ingresos para este año no es muy alentador.

Industria Musical

Is the future of live music a drive-in concert?

While live concerts look to be a ways off in California, a city in Denmark found a workaround that might make some sense for L.A. as well.

Los Angeles Times

The Post-Covid Concert Hall Catastrophe

When we return to the stage to present opera, dance, theatre, or symphonic works in our 2,000+ seat halls, will our subscribers be there with tickets in hand? It is an interesting question. But it is the wrong one.

The Middle Class Artist

Facebook Announces Artists & Businesses Will Be Able To Charge For Live Streams

Facebook is now set to provide a new way for performers to earn money on the platform. The social networking service is adding more features for Facebook Live real-time videos, including a way to charge for access to content.

All Hip Hop


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