Universal Music UK Revenues Jump 9% In 2017

Universal Music UK reported their 2017 revenues of $458.55 million (£344.3 million), which is a year-on-year increase of 8.8%. The gross profit of Universal Music Operations Ltd stood at $142.33 million (£106.9 million) in the year, up 12.3 percent on …

Spotify’s Traffic Was Totally Unaffected by the ‘Hate Conduct Policy’ Fallout

Despite the massive outcry against Spotify over its Hate Content and Hateful Conduct policy, web traffic and app installs remained the same. During a Q&A at the Code Conference in California, Spotify CEO Daniel Ek made a stunning confession. He adm…

How Do ‘Average People’ Actually Consume Media In 2018?

This is getting more complicated every year.  According to just-released survey data, the ‘average American’ is consuming media across an ever-increasing selection of screens, devices, and in-dash dials. This isn’t definitely isn&#821…

YouTube Ranks as the Most Used Music Streaming App in South Korea

Most people in South Korea love streaming their favorite music through YouTube.   So, why has Google offered its costlier streaming music service in the country? A new study from the Korea Internet Corporations Association, an internet business body, h…

Past Its Peak: EDM Sales Drop 2%

Could the EDM scene be going down and out of trend? The electronic dance music market has seen a successful growth over the past 10+ years, booming in the North American market. However, the global electronic music business slipped by 2 percent in 2017…

Past Its Peak: EDM Sales Drop 2%

Could the EDM scene be going down and out of trend? The electronic dance music market has seen a successful growth over the past 10+ years, booming in the North American market. However, the global electronic music business slipped by 2 percent in 2017…

Past Its Peak: EDM Sales Drop 2%

Could the EDM scene be going down and out of trend? The electronic dance music market has seen a successful growth over the past 10+ years, booming in the North American market. However, the global electronic music business slipped by 2 percent in 2017…

Alzheimer’s Patients Have No Problem Remembering Their Favorite Songs, Study Finds

Scientists remain hopeful that one day, music could help patients suffering from the ravaging effects of Alzheimer’s disease. Researchers have found that playing meaningful music may alleviate anxiety associated with dementia.  The study was…

Unsigned Artists Account for Just 2.7% of Global Recording Sales

Revenue for unsigned artists is growing at a great rate.  Yet, why does it only make up such a small amount of global recording sales? According to a new study published by Midia, global recorded music revenue grew by $1.7 billion last year. &#160…

Apple Music, Not Spotify, Ranks as the Most Popular Music Streaming Service

Spotify’s splashy direct listing is next week.  But are investors buying into something second-best? Last month, the Wall Street Journal published a surprising report.  According to the newspaper, this summer, Apple Music, not Spotify, …