Music industry

Streaming growth helps digital music revenues surpass physical sales

Subscription value from streaming services up 66% in a year, and industrywide revenues grow for first time since 1995

The Guardian

Music streaming boosts sales of vinyl

Music streaming sites are helping to drive sales of vinyl, new research suggests. Half of consumers say they listened to an album online before buying a vinyl copy, according to an ICM poll.

BBC

Metallica manager: 'YouTube is the devil'

Peter Mensch, the manager of bands including Metallica, Red Hot Chili Peppers and Muse, says YouTube is killing the record industry.

BBC

YouTube Launches 'Foundry' Initiative to Develop Music Talent

YouTube has informally launched an initiative to develop music talent under the name "YouTube Music Foundry," which gives artists new tools and guidance on how to successfully grow their presence on the video platform, according to YouTube.

Billboard

Independent labels and record shops are falling out of love with Record Store Day

April 16th saw thousands of independent record shops overflowing with customers as part of Record Store Day (RSD). Now in its ninth year, RSD sees music fans flock to independent music shops, forming long queues in the hope of snapping up limited-edition vinyl releases that form part of an official list released ahead of the day. The event has been hugely successful, with stores "on every continent except Antarctica” now participating, according to the organisers.

The Economist

Le streaming dope l’industrie musicale, mais creuse les inégalités

Pour la première fois depuis vingt ans, le marché numérique de la musique enregistrée dépasse les ventes physiques. Ce renouveau relance toutefois le débat sur la diffusion des données personnelles des artistes qui ne sont bien souvent pas rémunérés à la hauteur de leur travail.

France Musique

Focus on Africa at Musikmesse

The initiative is designed to place key focus on the African music sector for the first time in the event’s history.

Music in Africa

USA: Regulations Are Killing The Songwriting Stars

Today, songwriters are the most heavily regulated part of the music industry. A stunning 75% of their income is controlled by the federal government.

Forbes

What Will it Take for Music Streaming to Become a Good Deal for Artists?

It’s no secret that recorded music sales have dwindled dramatically since the dawn of the Napster age, more than 15 years ago. When adjusted for inflation and population growth, U.S. recorded music sales in fact dropped by an astonishing 64% between 2000 and 2009, and they have been slow to begin digging their way back out of that deep hole ever since.

Sonic Scoop


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