Music industry
La Scala would lose €50,000 a day if it reopened
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- Tuesday, 09 June 2020
La Scala would lose €50,000 a day if it reopened, complying with the social distancing guidelines imposed by the law passed on 17 May.
Post-Pandemic Music Industry Predictions: The Consolidation Of Power
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- Tuesday, 09 June 2020
Too few transactions or limited value are common reasons for lack of investment into a sector like music, but the industry has been viewed as more favorable in recent years, with a wave of funding, mergers, acquisitions, institutional interest and promising new technology.
Japan's music industry explores online concerts to cure virus blues
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- Tuesday, 09 June 2020
Concert cancellations began to roll in on February 26, the day Japanese Prime Minister Shinzo Abe requested citizens to avoid large cultural events. As of the end of May, 220 of his shows have been canceled. "We lost sales of 4.2 billion yen ($39 million) due to the cancellations," sighed Hayashi.
This is how COVID-19 is affecting the music industry
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- Tuesday, 09 June 2020
The global music industry is worth over $50 billion, with two major income streams. The first, live music, makes up over 50% of total revenues and is derived mainly from sales of tickets to live performances.
Qui a dit que l'industrie musicale était morte et enterrée?
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- Tuesday, 09 June 2020
Goldman Sachs prévoit que le secteur dans son ensemble doublera en valeur d'ici à la fin de la décennie.
La industria del entretenimiento sufrirá perdidas de hasta $160 MDD en los próximo 5 años
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- Tuesday, 09 June 2020
Una de las industrias más afectadas por COVID-19 y que tardarán mucho en volver a levantarse es la del Entretenimiento.
Music industry to nearly double in value by the end of the decade
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- Tuesday, 26 May 2020
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.
Post-Pandemic Music Industry Predictions: The Great Divide Between Embraced And Impacted
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- Tuesday, 26 May 2020
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.
Sales of Instruments and Music Gear Are Soaring. Will Quarantine Spark a Renaissance?
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- Tuesday, 26 May 2020
Defying the economic downturn, online business is booming for Apple’s GarageBand music software, as well as Sweetwater, Guitar Center, Reverb, and other retailers.
More Articles...
- It’s going to be a long road for everybody to start seeing recovery in the live music industry
- L’industrie allemande de la musique demande 628 millions de dollars en financement d’urgence
- Los ingresos de la industria de la música caerán 25% en 2020 y tendrán un gran repunte en 2021
- Is the future of live music a drive-in concert?
- The Post-Covid Concert Hall Catastrophe
- Facebook Announces Artists & Businesses Will Be Able To Charge For Live Streams
- Coronavirus Might Kill The Music Industry. Maybe It Needed To Die
- Début mai, les artistes ont gagné 7,1 millions de dollars sur Bandcamp