While the long term effects of the COVID-19 quarantine on the music business are yet to be known, there are lots of real-time metrics to be analyzed in the interim. With the postponement of Record Store Day, and most record shops being closed to the public, the effect on physical sales during this time should be obvious to most. The less obvious changes to global music consumption are the ones that are happening in the digital space, particularly around streaming services and music video plays. What genres are booming, and which ones are seeing a decline in listenership in those spaces? Listen now and find out from our panel of experts.
After several years of growth, the music business no longer feels like its in freefall, and some hopeful industry insiders are hinting that the best is yet to come in the 2020’s. As streaming goes global, and the overall adoption rate goes up across the board, continued revenue growth will be the norm in 2020 and beyond, which is to say nothing of the new ways that music is being monetized in video games, short form video, and more. Join us as we hear 2020 projections from Vickie Nauman of Cross Border Works, Josh Berman of Concord Music Group, and Russ Crupnick of Music Watch.
With the launch of Apple Music in 2015, the music industry saw a steep decline in digital downloads, and rumors flew about whether iTunes downloads would be phased out completely — one publication even wrote an obituary for the service. Streaming services are here to stay, but what will that mean for music downloads? We ask MusicWatch Inc.’s Russ Crupnick about trends in music downloads, and hear from Bandcamp’s Chief Curator, Andrew Jervis, about viability of Bandcamp downloads. Ken Shipley of Numero Group also joins us to explain why the label has chosen to stop including download codes in their vinyl releases.
In 2016, the way people are consuming music is changing, but it might not be how you’d expect. Between ad-based and on-demand streaming, digital downloads, vinyl, and yes, CDs and cassettes, there’s huge diversity in the way consumers are accessing music. We talk with three experts, Russ Crupnick (MusicWatch Inc.), Jim Lidestri (BuzzAngle) and Tom Silverman (Tommy Boy Entertainment), to make sense of recent statistics, and to better understand how they affect the music industry’s future.