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Music industry

Sony music fully exits Russia due to Ukraine invasion

The move arrives six months after the major music company decided to suspend its operations in Russia in response to the global condemnation against the Kremlin and its president, Vladimir Putin.

Music Business Worldwide

‘In the future, 15-20% of all music on the global charts will be by African artists’

According to a GSMA report, 615 million people in Sub-Saharan Africa alone (equivalent to 50% of the region’s population) will subscribe to mobile services by 2025.

Music Business Worldwide

Why Pop’s Biggest Stars Are Staying Put for Long Residencies

Extended runs in one venue, once associated with legacy acts, have become popular with stars including Harry Styles and BTS, lowering bills and building hype as touring costs rise.

The New York Times

"Des millions de vues pour gagner dix euros" : Tiktok fait enrager l'industrie musicale

Le réseau social, connu pour ses chorégraphies en musique, est devenu incontournable dans l'écosystème mondial de la musique. Pour autant, la plateforme ne dégage que peu de droits d'auteur pour les artistes, les labels, et les compositeurs, en dépit de certains acteurs, notamment avec la Sacem. La colère monte alors que Tiktok reste bien silencieux et opaque.

Challenges

Aumentan un 12% las ventas de música en 2022

Los españoles dedicaron 191,5 millones de euros al consumo de música, tanto en formatos digitales como en la compra de soportes físicos, aunque se aprecia una ralentización del consumo en streaming. Estos ingresos suponen para la industria musical española un 12,4% de aumento con respecto al mismo periodo en 2021 --170,5 millones de euros.

Notimérica

Spotify’s audio ad revenue shows possibility for more growth

Why is Spotify not suffering in the markets quite like its big-tech peers? Meta/Facebook, Snap, and Netflix are all reporting either lower earnings, dramatic drops in stock valuations, or both.

MusicAlly

Sync or Swim: The Growth of Production Music and Sync Libraries

While the traditional rewards for musical success have dwindled in the 21st century, musicians and songwriters have discovered that signing up with sync agencies can provide a more stable path to monetising their music.

Audio Media International

Beyoncé Releases Album ‘Renaissance’: Can She Break the New Music Curse?

Beyoncé isn’t the only superstar who’s struggling to make a hit with staying power. The past year has seen superstars release new music to weaker-than-expected sales or reviews.

Wall Street Journal

Inside the Multi-Billion Dollar Battle Royale Over Music-Streaming Royalties

It’s hard to think of a more brain-deadening topic than the U.S. Copyright Royalty Board’s proceedings over the rates for music streaming. But deep in the dense legalese lies a heated battle over the billions of dollars in royalties generated by streaming services — one that pits the music industry against some of the biggest companies in the world.

Variety


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