The IFPI study offers some numbers on that too. All figures are accurate as of the 2019–2020 academic year. Post Updated October 6, ... (68 million) listen to podcasts weekly – up from 22% in 2019 (Infinite Dial 20) 16 million people in the US are “avid podcast fans” (Nielsen Q1 2018) 51% of podcast listeners are male – same as US population (Infinite Dial 20) ... My Podcast Reviews Industry Statistics; Edison Research Infinite … So, what is the “State of the Music Industry in 2019?” Murky. That’s down from 38% in last year’s study. $7.17 billion was Sony Music Corporation’s reported earnings for the fiscal year ended March 31st, 2019, which meant a slight increase of 1.3% from the previous year. The total export revenue of the music … https://bachtrack.com/files/158132-listings.png 510 228. Timeline history of most popular music artists from 1969 to 2019 ranked by yearly certified record sales. Do not listen to the … The next highest countries are the US, the UK, and Australia at 34%, 30%, and 27% consecutively. … Performance rights revenue comes from licensed usage of recorded music in public places. This growth was predominantly driven by a 32.9% rise in paid streaming, that now … That’s actually up by an hour year-on-year from the 4.4 hours reported in the 2018 study. 16-24-year Olds Are 4x Likelier to Choose Rap/Hip-hop as Their Favorite Genre, 44% of Korean Music Listeners Bought Music in the Last Month (Apr-May 2019), The Netherlands Listens to the Most Broadcast Radio at 10.5 Hrs Weekly, Revenue Streams for the Global Recording Industry in late-2018, 4 years of Consecutive Growth at the End of 2018, 58.9% of Recorded Music Revenues in 2018 were Digital, Overall Physical Revenue Declined by 10.1% in 2018, Performance Rights Revenue Increased 9.8% in 2018, Synchronization Revenue increased 5.2% in 2018, Record Companies Invested $5.8 Billion in Marketing and A&R in 2018, What is a Monitor Speaker? The IFPI’s study claims that video accounts for 47% of on-demand streaming consumption globally – remember, this doesn’t factor in YouTube-crazy India – compared to 37% for paid audio streaming, and 15% for free audio streaming. Hip-hop is a global phenomenon! Netflix will spend over $17 billion on content in 2020. Streaming revenues were at $4.3 billion as of mid-2019, a 26% increase since the start of the year. Meanwhile, 52% of them report having used paid streaming services in the last month – the highest percentage for any age bracket. But its latest study has some good news to bolster that trend. We use our own and third party cookies. But the highest rate of growth for use of streaming services comes from 35-64 year-olds: 64% of 35-44 year-olds, 53% of 45-54 year-olds and 44% of 55-64 year-olds used audio-streaming services in the last month, up by nine, eight and nine percentage points respectively. ... (2019, June 6). However, it’s important to understand what else isn’t covered here. It’s clear that streaming is driving this. Netflix will spend over $17 billion on content in 2020. This 30% represents an average of 1 million new subscribers per month over the past year as of mid-2019. Music Therapy in Child and Adolescent Behavioral Health. Music Creators 11 Music Retail 14 Recorded Music 16 Music Representatives 18 Music Publishing 20 Live Music 21 music tourism. This video contains the historical statistics of the best-selling music by artists from 1970 to 2019, so let me know what do you think? The data in the Consumer Habits category came from a report from IFPI highlighting how people consume music worldwide. For Podcast Music. 2.5% of those surveyed said music was of little importance to them. – 2018 YouTube EDM track releases have seen 3.3 billion views 49% of EDM listeners are female. Phd /M.Phil. Now, listeners spend roughly 3.5 hrs per week listening through streaming video. IFPI GLOBAL MUSIC REPORT 2019 STATE OF THE INDUSTRY GLOBAL CHARTS 11. A sync license allows the licensee to use music under copyright by the copyright holder in film, ads, or other media. Copyright © Synaptic Sound. The estimated economic impact on wages and salaries is $2 billion because of music piracy. 1. Number of Stations Playing Country and Western Music. There are some useful stats on ‘device share’ of music listening time in the IFPI’s report. Discover all 2019 music industry trends in the brand-new Midem News Magazine. This is a point that the IFPI stresses in the report. This is roughly 3.6% of waking-life spent listening to streaming music. The Country of Country The U.S. music market is not only the largest market in the world. #7 K-Pop 70% report listening in the car, 64% report listening while relaxing at home, and 51% report listening while cooking or cleaning around the house. Number of Stations Playing Country and Western Music… This is nearly double the global average of 26%. Report highlights: Music … The latter stat is up from 57% a year ago. In the global list, ‘Oldies’ didn’t feature in the IFPI’s top-ten-genres list at all in 2018; hip-hop / rap has risen from fifth place to fourth; dance / electronic has fallen from third to fifth; and singer / songwriter has disappeared altogether –or possibly subsumed into other genres. Ph.D./M.Phil. Synaptic Sound was founded in April 2018 as an educational and informational resource for electronic music producers, DJs, and enthusiasts. Before the Covid-19 pandemic struck, the UK music industry contributed £5.8bn to the UK economy in 2019, according to the Music By Numbers study published by UK Music. The more recent data came from a 2019 RIAA report on the U.S market, while the older data from 2018 also came from IFPI. Track sales were down 16% year-over-year and digital album revenues also declined by 23%. Report highlights: Music listening is up. 45% have used a standalone radio, and 10% have used a smart speaker. In 2019, we listed nearly 35,000 performances of concerts, opera and dance – more than ever before. The average person living in India spent 19.1 hrs listening to music weekly, with 97% using smartphones to listen. Dynamic, diverse markets drive global growth In 2018, the global recorded music market grew by 9.7%. It’s a reminder of why Mexico has become such an influential market in the streaming ecosystem, capable of propelling Latin American tracks into the global charts of services like Spotify. ... according to the Office for National Statistics. Onyx WordPress Theme by EckoThemes. That’s $2 billion coming out of the average worker’s paychecks every year. Bluetooth speaker – 4% Revenue from streaming became 80% of total industry revenue by mid-2019. Hi-Fi or turntable – 8% Okay, not really a surprise. 23% of listeners use illegal ripping services to listen to their music. The percentage of users in the age bracket using YouTube as a music source fell from 70% in 2019 to 60% in 2020 – lower than at any point in the preceding three years. (EDM) Electronic Dance Music Statistics 2017-2018 & 2019 Updated 07/06/2019 EDM club nights generated $965 million in 2018 ~160,000,000 EDM festival tickets were sold annually. 3. Streaming revenue grew by 22.9% to US$11.4 billion and for the first time accounted for more than half (56.1%) of global recorded music … Well, there are positive things in global collecting societies body Cisac's latest annual report too, for last year, but the organisation makes it... © Copyright Music Ally All rights reserved 2020 - Website designed and maintained by. Germany – 21%. The company made a total valuation of $29.5B in 2019, which is … 23% of respondents download music through ‘stream-ripping’ services, but that’s also down sharply – from 32% in 2018. Music Ally Ltd., Holborn Studios, Total revenues grew 18% to $5.4 billion at retail in the first half of 2019. Report reveals live music is worth £1.1bn to Uk economy with industry as a whole put at £5.2bn. Radios are still the most popular device, accounting for 29% of the time respondents spend listening to music. A third of all record company revenue totaling $5.8 billion was spent on developing and marketing their artists. In 2019, Netflix shelled out over $15 billion on … Roughly 28 in every 50 people in Mexico say they have used social media sites to stream music or music videos. In fact, Mozart sold the most CDs in 2016, beating out Adele, Drake, and Beyoncé, even though all of those artists had… Revenue increases were driven by the number of paid subscriptions exceeding 60 million for the first time. Digital revenues accounted for 58.9% of all revenues in 38 recorded music markets across in 2018. Besides, the number of songs streamlined online has grown more than eightfold in the last five years (between 2013 and 2018). It’s that time of year again, when we at Bachtrack Towers take a deep breath and immerse ourselves in a deep dive into the statistics of last year’s performances. Roughly 37 in every 50 people in China say they have used social media sites like WeChat, Sina Weibo, or Tencent to stream music or music videos. Music Therapy & Military Populations. "New state-of-the-art methods in statistics and data science make it possible for us to analyze music in ways that were out of reach for traditional musicology. The value of Britain’s live music sector hit a record £1.1bn … #10 Classical. Since they began tracking the industry in 1997, IFPI has reported four consecutive years of growth up to 2018. 22 Number of Music Tourists 24 ... National Statistics (ONS), musicians … Entrance Examination 2019. They are Consumer Habits and Financial Statistics. This is still only 10% of overall streaming revenues. #9 R&B It’s true that … The point I want to drive home with you is that these numbers should not drive what you do as an independent artist. (And that’s good news for rock bands: it’s the top genre in Mexico, ahead of pop and Latin pop.). This only accounts for 4% of overall revenues, however. Do not listen to the prognosticators, including me, if they tell you X is dying or Y is the future. The International Federation of the Phonographic Industry (IFPI), which represents the recorded music industry worldwide, has issued a ‘music listening’ report for 2019. That’s why finding ways to stop music piracy is a concern that everyone can share. That makes for an interesting comparison with YouTube’s own official figure, mind: in May 2018 it said that “more than one billion music fans come to YouTube each month”. As the music business scraps it out with every other industry for Covid-19 relief, a key part of its argument has been the economic value created by the industry. $7.17 billion was Sony Music Corporation’s reported earnings for the fiscal year ended March 31st, 2019, which meant a slight increase of 1.3% from the previous year. As of March 2019… In the first half of 2019, the U.S. recorded music market continued the overall trends and double digit growth rates of 2018. Year-Over-Year and digital album revenues also declined by 23 % of 16-24-year olds ’ listening time unchanged... By 6 % for the first half of 2019 hip-hop as their favourite genre waking-life spent listening to weekly! 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