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Music industry - Wikipedia

https://en.wikipedia.org/wiki/Music_industry
Music industry. The music industry refers to the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, represent and supply music creators. Among the many individuals and organizations that

Music industry revenue hits all-time high - The Verge

https://www.theverge.com/2023/9/18/23878916/riaa-music-industry-revenue-all-time-high-first-half-2023
The RIAA reports that music revenue in the US reached $8.4 billion in the first half of 2023, driven by streaming and physical media sales. However, the report also shows a widening gap between the haves and have-nots in the industry, with artists struggling to make money from streaming.

U.S. Music industry - statistics & facts | Statista

https://www.statista.com/topics/4948/music-industry/
Learn about the latest trends and developments in the U.S. music industry, from streaming revenues and market share to publishing companies and live concerts. Find out how music consumption has changed over time and how the industry adapts to new technologies and challenges.

2021 Year-End Music Industry Revenue Report | RIAA - RIAA

https://www.riaa.com/reports/2021-year-end-music-industry-revenue-report-riaa/
Find out how recorded music revenues in the US grew 23% to $15 billion in 2021, with paid subscriptions as the main driver. Download the full report from RIAA, the trade association for the music industry.

How Does the Music Industry Work? A 10-Part Guide - Soundcharts

https://soundcharts.com/blog/mechanics-of-the-music-industry
Learn about the evolution and mechanics of the music industry, from legal to recording, and how artists and labels adapt to the digital era. Explore the history, trends and challenges of the music business with Soundcharts, a platform for music data and insights.

Music News | Music Industry News | AP News

https://apnews.com/hub/music
Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world's population sees AP journalism every day. Stay up to date on the latest music releases and trending sounds throughout the

The global music market was worth $26bn in 2021 - BBC

https://www.bbc.com/news/entertainment-arts-60837880
The UK music industry grew at a slightly slower rate than the global average, with revenues up 12.8% to £1.3bn, according to the BPI - but it remains the third biggest music market in the world

RIAA 2022 Report: U.S. Revenue Hit All-Time High of $15.9 Billion - Variety

https://variety.com/2023/music/news/riaa-2022-report-revenue-all-time-high-15-billion-1235547400/
The RIAA reports that streaming, vinyl and physical formats drove the industry's seventh consecutive year of growth. Paid subscriptions, ad-supported services, digital radio and fitness apps were among the top sources of revenue.

Everything You Need To Know About The Music Industry: History, Players

https://soundscapehq.com/everything-you-need-to-know-about-the-music-industry/
The music industry is comprised of various major players who play crucial roles in the development, distribution, and management of music. These players include record labels, streaming platforms, and artist management companies. Each of these entities contributes to the success and growth of the music industry in their own unique ways.

How 2020 Changed the Music Business Forever - Rolling Stone

https://www.rollingstone.com/pro/features/music-business-changes-transformations-2020-1107373/
The pandemic year upended the music industry with livestreaming, viral hits, catalog sales, and more. Read about 12 ways the bizarre year transformed the business and set up 2021 for more surprises.

IFPI Global Report 2024: Music Revenues Climb 10% to $28.6 Billion

https://www.billboard.com/business/business-news/ifpi-global-report-2024-music-business-revenue-market-share-1235637873/
The International Federation of the Phonographic Industry (IFPI) reports that global music sales grew for the ninth consecutive year in 2023, with streaming, physical and performance rights revenues all increasing. The U.S. remains the largest music market, while China saw the fastest growth rate among the top 10 markets.

2022 Year-End Music Industry Revenue Report | RIAA - RIAA

https://www.riaa.com/2022-year-end-music-industry-revenue-report-riaa/
The U.S. music industry recorded revenues of $15.9 billion in 2022, up 6% from the previous year. Streaming accounted for 84% of revenues, with paid subscriptions reaching a new high of 92 million.

The Future Of Music: Where It Is Today & Where It's Going In ... - Forbes

https://www.forbes.com/sites/petercsathy/2020/02/02/the-future-of-music-where-it-is-today--where-its-going-in-the-next-decade/
The global recorded music industry is expected to close 2019 at roughly $20-$21 billion. Goldman Sachs glowingly forecasts today's numbers will more than double to $45 billion by 2030

Ifpi Global Music Report 2021

https://gmr2021.ifpi.org/report
IFPI GLOBAL MUSIC REPORT 2021. Download state of the industry. Purchase report. GLOBAL MUSIC MARKET OVERVIEW +0.0%. Global revenue growth +0.0%. Growth in paid streaming revenues. 0.0%. Streaming share of global revenue ... GLOBAL RECORDED MUSIC INDUSTRY REVENUES 2001-2020 (US$ BILLIONS)

What Is The Music Industry? Modern Definition & Brief History

https://www.musicindustryhowto.com/what-is-the-music-industry/
Learn what the music industry is, how it evolved from sheet music to digital technology, and what roles define it. Explore the history of the music industry from the early days of recorded music to the present day.

Chartmetric Reports and Music Industry Trends

https://reports.chartmetric.com/
Breakthrough Music 2019. January - December 2019. We're very excited to share our inaugural Year in Music report with the stats and sounds of music in 2023, available in seven languages. In this report, we tackle key areas within the music industry — with a focus on artist development — and provide an overview of the social and streaming

Music Industry Annual Reports Show Stable Growth And YouTube ... - Forbes

https://www.forbes.com/sites/billrosenblatt/2024/03/30/music-industry-annual-reports-show-stable-growth-and-youtube-strength/
The 2023 RIAA revenue report, released on Tuesday, shows an industry in a new, relatively stable phase of growth. Recorded music turned in $17.1 billion in total revenue, up almost 8% from 2022

Music News : NPR

https://www.npr.org/sections/music-news/
Music News Current music news, artist interviews, album reviews, and music industry news from NPR Music.

The Evolution Of The Music Industry - Forbes

https://www.forbes.com/sites/forbesbusinesscouncil/2021/09/13/the-evolution-of-the-music-industry---and-what-it-means-for-marketing-yourself-as-a-musician/
Learn how the music industry has changed over the past 30 years due to technological advances and consumer preferences. Find out how independent artists can adapt and distribute their music through various platforms and channels.

Music's Messy Digital Revolution - The New York Times

https://www.nytimes.com/2022/03/15/technology/music-industy-digital-revolution.html
March 15, 2022. Streaming saved the music industry from the jaws of the internet. But the complicated picture from the past 20 years shows that surviving an online revolution isn't the only hard

Music streams hit 4 trillion in 2023. Country and global acts — and

https://apnews.com/article/music-streams-2023-luminate-54aa3735ed707c1d5e9649724cc78c1f
The global music industry surpassed 4 trillion streams in 2023, a new single-year record, Luminate's 2023 Year-End Report has found. Four of the six Latin artists to break one billion audio streams in the U.S. were Mexican acts: Peso Pluma, Eslabon Armado, Junior H, and Fuerza Regida, who also placed in the top 125 artists streamed. (Photo by

U.S. Music - statistics & facts | Statista

https://www.statista.com/topics/1639/music/
Recorded music industry revenue in the United States from 2009 to 2023 (in billion U.S. dollars) Basic Statistic U.S. music industry - revenue distribution 2017-2023, by source

Charted: 50 Years of Music Industry Revenues, by Format - Visual Capitalist

https://www.visualcapitalist.com/music-industry-revenues-by-format/
How has the music industry evolved over the last five decades? See how vinyl, cassettes, CDs, digital music, and streaming have shaped the market and the music itself.

As AI Marches on Music Industry, Record Labels Counter With $350M

https://www.hollywoodreporter.com/business/business-news/ai-music-industry-record-labels-lawsuits-1235931344/
As AI Marches on Music Industry, Record Labels Counter With $350M Lawsuits In Assertive Move. The impact of generative artificial intelligence may be more readily seen in music than in other

Music industry giants allege mass copyright violation by AI firms

https://arstechnica.com/information-technology/2024/06/music-labels-sue-ai-music-generators-for-copyright-infringement/
Music industry giants allege mass copyright violation by AI firms Suno and Udio could face damages of up to $150,000 per song allegedly infringed. Benj Edwards - Jun 24, 2024 6:44 pm UTC.

Record Labels Sue AI Music Services Suno and Udio for Copyright

https://variety.com/2024/music/news/record-labels-sue-ai-music-services-suno-and-udio-copyright-infringement-1236045366/#!
The Recording Industry Association of America has announced the filing of two copyright-infringement cases against the AI music services Suno and Udio based on what it describes as "the mass

U.S. record labels are suing AI music generators, alleging copyright

https://www.nbcnews.com/tech/tech-news/us-record-labels-are-suing-ai-music-generators-alleging-copyright-infr-rcna158660
Coordinated by the Recording Industry Association of America, the music recording industry's largest trade organization, the lawsuits were filed in U.S. federal courts for the District of

YouTube in talks with record labels over AI music deal - Financial Times

https://www.ft.com/content/e2d9472d-32e0-43f5-8109-efb753fac330
A music industry group is seeking "up to $150,000 per work infringed", according to the filings. After facing the threat of extinction following the rise of Napster in the 2000s, music

Sony, Universal, Warner sue over AI music copyright violations

https://www.bbc.com/news/articles/ckrrr8yelzvo
The lawsuits, announced on Monday by the Recording Industry Association of America, are part of a wave of lawsuits from authors, news organisations and other groups that are challenging the rights

Issa to Convene Hearing Examining Copyright, Radio, and the Music

https://issa.house.gov/media/press-releases/issa-convene-hearing-examining-copyright-radio-and-music-industry-featuring
The hearing will highlight the American Music Fairness Act (AMFA), Rep. Issa's legislation to ensure that artists and music creators are paid when their songs are played on FM/AM radio. Issa's bill specifically brings radio broadcasters in line with the music industry by compensating artists for the performance of their work.