Some more good news for Lil Nas X and his contemporaries…
The post Why spend $4.1bn on A&R? Because new artists are accelerating streaming’s growth. appeared first on Music Business Worldwide.
Category archives: IFPI
The RIAA, Music Canada, and IFPI Successfully Shut Down Pirate Cyberlocker DBR
Several weeks ago, the RIAA managed to take down YouTubNow, a major YouTube stream-ripper, with just a subpoena. Shortly after the major music organization’s court filing, the website, which boasted about its “powerful” service, went down. Spinning the…
Record labels are spending more and more on signing (and paying) artists…
How the record business’s new-age economics are really starting to show
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Record Labels’ A&R and Marketing Investment Reaches $5.8 Billion in 2017
In a new report from the International Federation of the Phonographic Industry (IFPI), record labels reached a new investment milestone in A&R and marketing around the world. In 2017, labels invested $5.8 billion. Breaking that number down, A&…
IFPI hires Jenny Wong as Asia Regional Director
Wong has almost 20 years’ experience working in both legal affairs and public policy roles in the film and TV industries in Asia
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5 key takeaways from IFPI’s Global Music Report 2019
IFPI released its Global Music Report 2019 today (April 2)
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Paid Streaming Subscriptions Now Account for 37% of Global Recorded Music Revenue
This year, expect paid streaming music revenue to account for over half of all global recorded music revenue. According to the RIAA, paid subscription streaming in the US remained the largest driver of revenue for the American music industry. Last yea…
There were 255m paid streaming users in 2018 – driving a 9.7% rise in global recorded music revenues to $19.1bn
2018 marked the global recorded music market’s fourth consecutive year of growth, says IFPI
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Music Industry’s Revenue Growth Continues, But There Are Warning Signs
New numbers released by the RIAA show that recorded music revenues have continued to grow over the past year, reaching an uptick of 13% overall. This is good news for an industry which was struggling to stay afloat not long ago, but also carries with it some warning signs, and…
Copyright Directive talks conclude – music business responds ahead of reviewing final Article 13 text
“We look forward to carefully reviewing the text when it is issued,” says IFPI
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