Revenue Per User To Fall 25% Even As Streaming Grows In Popularity says Goldman Sachs Study

The global recorded music business brought in $19.1 billion in revenue in 2018, according the IFPI. By 2030, that number will grow to $45 billion, with streaming expected to represent $27.5 billion of the total, according to a new Goldman Sachs analysis. The total number of paid music-streaming subscriptions worldwide…

PB Recommends #60 (Jai Paul, RL Grime, Murlo, Glacci & More)

Welcome back to our PB Recommends series where we share a selection of handpicked earworms that we can’t get enough of. This month’s edition of the playlist features a diverse blend of tracks including some of our favourite R&B jams from Erika de Casier’s new album, Essentials, the glistening rave-inspired sounds of Glacci, some experimental hip-hop beats from Flying Lotus’ latest release, […]

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REWIND: The New Music Industry’s Week In Review

In this rummage back through a stack of music industry news stories from the past week, we revisit a rapper who spent $4 million on a company card to boost his career, the Justice Deptartments review of ASCAP, BMI consent decrees, some of music streaming’s dark horse ‘trigger cities’ and…

TOP POSTS: This Week’s Most Read Posts On Hypebot

Some of the most popular articles from the pages of Hypebot this week included an interview with Merck Mercuriadis on disrupting the music business, the reasoning behind Apple sending iTunes to the chopping block, some important rules for personal networking, and more! Industry Bomb Thrower Merck Mercuriadis On Disrupting The…

Guide To Promoting Your Spotify Playlists

Spotify playlists have rapidly risen to become the Holy Grail of music coverage, and as the streaming platform becomes increasingly social, knowing how boost your particular Spotify playlist is becoming increasingly important. __________________________ Guest post by James Shotwell of Haulix Playlists are the new mixtapes, but before you can curate…

Stay Calm! Apple Did NOT Just Kill Music Downloads

For the many, the announcement that Apple is "killing" iTunes also meant that Apple was also killing its music download store. In fact, iTunes on the Mac is just being divided into three separate apps for music, podcasts and TV. And the iconic music download store lives on, at least…

Barack and Michelle Obama ink exclusive Spotify podcast deal

President Barack Obama and Michelle Obama’s production company, Higher Ground, has inked an exclusive podcast deal with Spotify. The Obamas formed Higher Ground to ‘produce powerful stories to entertain, inform and inspire, and to lift up new, di…

Billboard To Add Top Songwriters, Top Producers Charts

Under pressure from alternative data sources and soon to launch charts from Rolling Stone, Billboard is expanding its own chart offering. Top Songwriters and Top Producers charts will be based on weekly activity on the Billboard Hot 100 and other “Hot” genre song charts that blend data from streaming, airplay…

THU. BRIEF: Midem Day 2 • ASCAP, BMI Consent Decree Review Begins • New Paid Streaming Projections • More

THURSDAY 6.6.19
Music Business News From Around The Web
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Goldman Sachs Says Global Music Revenues Will Reach $131 Billion by 2030

According to a new report from Goldman Sachs, nearly 1.2 billion people will be paying for music streaming in just 11 years. The latest report from the investment bank – dubbed ‘Music In The Air’ – comes nearly two years after Goldman Sachs predicted g…