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From then on, the music industry has continuously evolved over the centuries. Streaming is the future of the music industry. 0000576043 00000 n The emergence of music streaming disrupted the relatively straightforward business model of the music industry then. Discover all 2019 music industry trends in the brand-new Midem News Magazine. 0000679919 00000 n The 2010s saw the rise in popularity of K-Pop, for instance. Music Statistics 2019 Music Statistics: Highlights from the Infographic. There isn’t necessarily a reliable way to get hold of the latest stats and studies about the industry. 0000036373 00000 n H�\�͊�@��>E-��Ѻuo$�N�!��a2� F+abĘE�~�xB��~���8Z�ov�]�M.�>^�}�ܱ��1^/����O]��k�fz\���\Y����)�w��U�����i���u{9��,�6�q���{���?�|�?���-�j��xL/�R_�st�DW��e�K�C�ı�O1�i[��#m�,���M8�pl~�cV���B5��UV���:�Y���JV�+��$��ِ7�-y~'�'������ ����LOOod�������ͯ�k��-��A� t8B���A� t8s��\A�0W�+�GЏ�A?�~��M:eU`W]������������O�g�g�g���E�,E�2K���Rd)�Y��� �,E�2K��̚�7e'�N��B�-��(�Q���Gُ�}����؏������o�7���������o�7���������o�7:���*��B��R�~���Y�i�V��4�qL�^r�y����sU.�K��g ��� endstream endobj 682 0 obj <> endobj 683 0 obj <> endobj 684 0 obj <> endobj 685 0 obj <>stream In 2019, Ed Sheeran sold about 2.5 million tickets. The US digital and customized radio services revenues were $1.16 billion in 2019. K-Pop fans also listen more to music than the average American. 0000025195 00000 n 0000003731 00000 n The biggest market share in the industry belongs to independent labels with 41.4%. The International Federation of the Phonographic Industry (IFPI) put the total value of the recording industry at $20.2 billion in 2019. �. 0000008599 00000 n More than 1.2 trillion songs streamed on-demand in 2018. Each month we help +100k companies to find efficient online tools. 0000002138 00000 n 0000008038 00000 n August 2019. South America Music Streaming Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Content Type, Streaming Type, and End User. U2’s 360° Tour has the highest average of attendance with 66,110 attendees per show. Industry Data. For over 125 years, Billboard has ranked every album and song released in the US based on how many copies it sold. Shania Twain’s “Come On Over” is RIAA’s highest certified Diamond album from a solo female artist with over 20 million units sold. 0000058764 00000 n Streaming accounted for three-fourths of the total industry revenue in the US in 2018. 0000081575 00000 n US consumers spend an average of 4 hours a day listening to music. Having the cheap option of paying an average of as little as $10 per month, music lovers are more inclined to avail of streaming services. 0000642140 00000 n 0000006102 00000 n Lil Nas X’s “Old Town Road” is 2019’s most-streamed song with 2.5 billion on-demand streams. The music industry, by its definition, is a group consisting of various companies, producers, and artists that aim to create and sell new kinds of music, concert shows, and more. As of 2019, there are 3,338 independent labels in the US. 0000010781 00000 n In the US, 67% of the population have listened to online radio in the past month in 2019. Taylor Swift topped the 2019 list for song sales, selling over 75,893,000 copies. V�t�-�Φ� One of the prominent chart makers is Billboard. Additionally, genres also evolved to cater to the new music tastes of the general public. Additionally, in 2019, the music industry posted a 32.9% growth in paid streaming revenue. Sales Ranking Of Leading Music Companies Worldwide + Music Data On Top Global Markets The all new 2020 two-part Global Music Industry Sales Report is the only data package of its kind. However, unlike today, music back then was exclusive only to aristocrats and the wealthy. Sucker by Jonas Brothers garnered 849,000 in radios in 2019. 0000012663 00000 n IFPI Global Music Report 2019: Global Music Market Grows for Fourth Consecutive Year According to the IFPI’s Global Music Report 2019 released today, the global recorded music market grew for the fourth consecutive year, increasing by 9.7 percent in 2018 with a total reported revenue of US$19.1 billion.

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