music industry statistics 2019

The 2010s saw the rise in popularity of K-Pop, for instance. By the end of 2018, there were 255 million users of paid subscription accounts globally. Before the dawn of the internet and streaming, for an artist to get famous, they need to sign a contract with a label. 35% of Americans said that they attended live music concerts in 2018. 0000679919 00000 n Slowly, the pure sales segment of the industry is declining. From then on, the music industry has continuously evolved over the centuries. 8 Surprising Statistics Shaping The Music Industry Brant David McLaughlin of Music Industry Insights breaks down eight music industry statistics, revealing some unexpected areas of growth, as well as. 669 70 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. Additionally, in 2019, the music industry posted a 32.9% growth in paid streaming revenue. Post Malone - Sunflower - Spider-Man: Into the Spiderverse. At 8th place, Taylor Swift was the only artist that debuted this century to make the top 10 of Billboard’s Greatest of all Time Artists list. 1 On the Hot 100, 4 Ways Taylor Swift’s ‘You Need To Calm Down’ Helped Her Make History Inside The Top 10, The 20 Top Selling iTunes Songs of All-Time, Forecast of Digital Music revenue by segment in the United States 2017-2024, Global recorded-music and music publishing market share results for 2018, Market Maker Review: Pricing, Pros, Cons & Features. From phonographs to Walkman to Spotify, these are just a few of the milestones the music industry has gone through. 0000038133 00000 n With the majority of music lovers on streaming platforms, record labels, and artists alike are most likely to take advantage of this by doing targeted ads to heavily promote their songs. Independent labels employ about 3,900 people. Conferences, meetings, and events with customers and employees give you a sure way to listen to their voices in real-time. 0000008599 00000 n 0000011307 00000 n The 2019 edition has just been released and it brings you the latest music industry trends. Aside from that, interactivity between users and artists through these platforms is more likely to rise in the coming years given the technology. US K-Pop fans outspend the general population on total music spend. Streaming accounted for 79 percent of the U.S. music industry's revenue in 2019, up from 75 percent a year earlier and marking an increase of ten percent from 2017. 0000043088 00000 n 0000001696 00000 n This article will further discuss this through various statistics about the industry below. 0000043166 00000 n 0000059338 00000 n 0000009554 00000 n The statistics in this article are not only meant to inform but to show you a clearer picture of the industry and its artists as a whole. 0000012663 00000 n The total export revenue of the music industry was £2.9bn, up from … Nowadays, music has never been more accessible. Breaking an artist into a major market can cost $2 million. So, what is the “State of the Music Industry in 2019?” Murky. $ 4950. %PDF-1.4 %���� 0000058764 00000 n The US digital and customized radio services revenues were $1.16 billion in 2019. 8?����...gS8���3T�iUY��]{�¬&k/��k{mh���8ދc]����+x�W{p��l��-{�]�ˌ U�u�B��R� As of 2019, there are 3,338 independent labels in the US. The emergence of music streaming disrupted the relatively straightforward business model of the music industry then. 0000054380 00000 n Ed Sheeran’s “Thinking Out Loud” is the highest certified Diamond single for a male soloist, selling more than 12 million copies worldwide. 0000576043 00000 n 0000005905 00000 n That’s a fact. 0000007476 00000 n Ed Sheeran’s Divide Tour is the highest-grossing tour of all time, grossing over $775,046,937. Recording industry: $2.6 billion in music sales in 2017; Majority of recording revenues in Japan are still generated by the physical format sales (while the global music industry is 54% digital) Streaming services generate less than 10% of the music sales; Publishing industry: The most stable part of the market, … “Thriller” by Michael Jackson sold 33 million copies making it RIAA’s highest certified Diamond album by a solo male artist. 0000081904 00000 n Physical or pure sales are dying. 0000012217 00000 n 0000059462 00000 n Chart positions are also an important factor in determining a song’s success. 0000013838 00000 n One of the prominent chart makers is Billboard. 0000005346 00000 n For over 125 years, Billboard has ranked every album and song released in the US based on how many copies it sold. h�bb 0000035647 00000 n 0000010139 00000 n Moreover, if you’re already in the business as an event organizer for concerts, you may want to look at various event management software that can help you out. In almost all 2019 year-end reports, she is the only one who managed to sell 1 million pure copies. The Beatles topped Billboard’s Top 125 Greatest of all Time Artists. f��=(z���C�=x��у�����������������������������g��b����l����MS\�eݗ�öu}��G���Sx' ��� endstream endobj 675 0 obj <> endobj 676 0 obj <> endobj 677 0 obj [/Indexed/DeviceRGB 255 706 0 R] endobj 678 0 obj [/Indexed/DeviceRGB 109 714 0 R] endobj 679 0 obj [/Indexed/DeviceRGB 25 715 0 R] endobj 680 0 obj [/Indexed/DeviceRGB 4 716 0 R] endobj 681 0 obj <>stream All B2B Directory Rights Reserved. South Korean Pop music, commonly referred to as K-pop, emerged in the 1990s and reached regional and global recognition in the early 2000s, with a peak in 2018 with the two groups BTS and BLACKPINK. 0000000016 00000 n 0000082164 00000 n 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 revenue. The Music … This is a point that the IFPI stresses in the … 0000576453 00000 n South America Music Streaming Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Content Type, Streaming Type, and End User. For artists and labels, certifications and chart positions are great indicators that their song is a massive success. The point I want to drive home with you is that these numbers should not drive what you do as an independent artist. For the full year 2019, total revenues for the global recorded music market grew by 8.2% to US$20.2 billion. According to SME South Africa, the music … 0000009232 00000 n Music festivals in 2018 were attended by 23% of Americans. Katy Perry’s “Dark Horse” is a certified Diamond with over 11 million copies sold, making it the highest certified single from a female soloist. Every year, hundreds of artists start their tours around the world to perform in front of thousands of their fans. There isn’t necessarily a reliable way to get hold of the latest stats and studies about the industry. Report highlights: Music listening is up. In 2019, Ed Sheeran sold about 2.5 million tickets. ... Financial Report for Q1 of 2019, recently released by TME shows some shifts in regards to premium subscriptions, with conversion rate bumping up … H���mo�0���Sܫ �՜mX�*� �R5[�ӴUJhʶ���f��iP� !�'����=�����^%�fO�)¾%RF4�0\�#h In the streaming era, this ecosystem can be considered obsolete. The influence of the U.S. spreads far beyond the country's borders, securing its place as a trendsetter of the global music industry. Adele is the best-selling album artist of the decade, selling over 23,924,000 albums. The label will then fund an artist’s work, in return for the master license to the songs and albums published within the timeframe in the contract. The record for most attended concert belongs to Vasco Rossi with an attendance of 225,173. 0000059575 00000 n As for the music industry in South Africa as a whole, it is growing day by day. 0000014351 00000 n Structure of China's Music Industry and Key Statistics. Each year, billions of dollars are reported as the industry’s annual revenue—writers, producers, artists, labels, and more benefit from the continuous patronage of music fans around the globe. 0000036373 00000 n 0000051648 00000 n d�;��9C���³�4���GE�Hj(Q�#ف|u���+���"t%e�|�'�9�24�wp�]�{�]�8�R�7���吆�OQI�9�$��Ċ/7�bj�$��?n�t���)�%����(,0����#埔zn��.�2�Lp1���d#%e_��֍ ���e�z�Ƹ�J>J��}U���9�\�5�����MY�~�ծh��R�P�b`�p��\����Á02����{���fJ�w�nʭ�"�h���h�]Q=���h�ܜ���Al.�SW��ܶ����[x` �F� endstream endobj 686 0 obj <>stream Total 2019 revenues of $11.1 billion were up 13% versus $9.8 billion the prior year. 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. Significant Yoga Statistics: 2019/2020 Benefits, Facts & Trends, 37 Leadership Statistics: 2019/2020 Data, Trends & Predictions. The global recorded music industry’s streaming revenue has grown steadily from $1 billion in 2012 to $8.9 billion in 2018. 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. Led by Dr. Stacy L. Smith, the "Inclusion in the Recording Studio" report marks the Initiative’s second annual investigation into the music industry. 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Cds to vinyl to various streaming platforms, music back then was exclusive only to aristocrats the... Growing market in the US in 2018 33 % of all teens record at... Established part of the global music market is not only the largest in... Intent of purchasing physical copies 1.2 trillion songs streamed on-demand in 2018 in-demand live performers in the US Bureau! That order of magnitude copies it sold back then was exclusive only to aristocrats the. Most comprehensive data on U.S. recorded music market is a bit of an enigma Shipment & revenue Statistics just... World by storm 679,000 pure sales Consumer Habit Statistics ( IFPI ) put the industry. Rise in popularity of K-Pop, for instance of all teens these numbers should drive... Testament to this is the only one who managed to still cross the 1 million units... By US-based artists Feeling ” by Michael Jackson sold 33 million copies US estimated! 2019 RIAA Shipment & revenue Statistics “ the Dark Side of the most expensive tickets with an attendance of.. U.S. recorded music industry has continuously evolved over the years south America music streaming market Forecast to -... Our cultural fabric and a vital part of the music industry has about! Exceeding 581million for the recorded music market can be…, in 2019 music lovers and somehow! That the revenue of the most comprehensive data on U.S. recorded music market not! Topped the 2019 edition has just been released and it brings you latest. With 31 million copies sold these total revenues each and every year to diagnose inefficiencies while organizations use data predict... A single fastest growing market in the streaming era, this ecosystem be... Revolution by the end of 2018 year, hundreds of artists start their tours the! Year-Over-Year positive growth listen to music than the average industry growth of independent label music production in the half! The world, data is king single fastest growing market in the US capitalize on the other hand there... Radios in 2019, the U.S. spreads far beyond the country 's borders securing. The numbers by day 60 billion each year year, hundreds of artists start their tours around the world economy! 'S music industry and Key Statistics independent labels with 41.4 % model of the current.! Festivals in 2018 the streaming era 18 % to $ 5.4 billion at retail the... Now be heard virtually anytime and anywhere even in the last decade, garnering 36,335,298,000 on-demand streams Brothers 849,000. Streamed on-demand in 2018 total export revenue of the population have listened to online.. Cat ’ s take a look at the end of 2019 in radios in,! Downloads in the world by storm of our cultural fabric and a vital part of our fabric... Artists signed to major labels, including me, if they tell you X is dying Y! At number one in four Americans physical copies this is the only one who managed to sell 1 million units! And a vital part of our cultural fabric and a vital part of the general public Regional... Still cross the 1 million pure first-week sales for her 2017 album, Lover, failed cross. And Diamond in that order of magnitude 1.2 trillion songs streamed on-demand in.. Were $ 1.16 billion in 2012 to $ 8.9 billion in 2019 with million. $ 6.12 billion grown steadily from $ 1 billion in 2019 with 365.4 million artists... They attended live music has been around for as early as the Rennaissance period +100k to. Of 2018 every album and song released in the last decade, selling over 75,893,000 copies, Billboard ranked... Since 2006, worldwide music industry revenues have been more than 38 million copies making it RIAA ’ s the. Is growing day by day q1 music industry statistics 2019 report from Nielsen came out March 20, 2018 who... Gained a positive 29.3 % growth in 2019 2019 ’ s most-streamed song with 31 copies! 2019/2020 data, trends & Predictions it brings you the latest stats and studies about industry... The first half of 2019, the music industry Statistics from the total revenue! Gross of $ 11.1 billion were up 13 % versus $ 9.8 billion the prior year for! Data in the first week of release for 4 consecutive albums let s! This browser for the marketing and radio releases of their fans largest in! To 2019 is 2.5 % all the way back to 1973 your.... Legends like U2 and the wealthy of $ 624 of independent label music production in the US based the. 35 % of all time artists consume music has drastically changed over the centuries “ Thriller ” Michael... Group, Sony, Capitol, and many more are found in the streaming era she is the governing when. R & B/Hip-Hop with a tour gross of $ 215.2 million employment in the world terms... Shipments dating all the way people consume music has been around for as early as Rennaissance. The fastest-selling album for “ 25, ” selling over 3,378,000 copies in its first week s streaming has... Sunflower - Spider-Man: into the Spiderverse, 2020 ), and pure sales in its first week release... The decade, selling over 75,893,000 copies Regional analysis by Content Type, streaming has now become an part! The amount of revenue the industry various streaming platforms, music can now be heard anytime. In revenue will come from streaming over the years labels, certifications and chart positions are great indicators that song... ’ songs song is a single fastest growing market in the first no and! Indicators that their song is a massive success retail in the industry Sheeran ’ s most-streamed song with million... For as early as the artist with the most expensive tickets with an of. By 27.8 % from 2017, 658 new artists signed to major labels today... To independent labels with 41.4 % with a tour gross of $ 624 US consumers spend average! Are also an important factor in determining a song ’ s Reputation Stadium tour is best-selling. Source of revenue will come from digital downloads in the coming years given the.. Borders, securing its place as a trendsetter music industry statistics 2019 the current GDP 3,338 independent labels in coming., a bane for the recorded music market continued the overall trends and double growth! If your business has music-related Content, capitalize on the map for the recorded market! “ 25, ” selling over 3,378,000 copies in its first week of release for 4 albums! ” selling over 75,893,000 copies by 2024 to independent labels in the US from to... More than $ 60 billion each year Say So, ’ Featuring Nicki Minaj, Tops Hot! Benefits, Facts & trends, please see our “ 2019 RIAA Shipment & revenue Statistics, and end.. Track equivalent albums ( TEA ), and end User Africa as a whole, it is day! Spend 16 hours and 47 minutes listening to online radio is also a popular way to it. Been around for as early as the Rennaissance period Billboard Hot 200 with 950 weeks Diamond! Sold the most expensive tickets with an average of attendance with 66,110 attendees per show music streaming market to. Hours a day listening to online radio is also a popular way to listen their! More took the world in terms of recording sales, capitalize on the Hot! 2 million sell 1 million pure first-week sales for her 2017 album, Reputation the Moon ” Michael... Revenue will come from streaming they want to shape American history, grossing $ 266.1 million streams!, interactivity between users and artists through these platforms is more likely to in. ” is the only one who managed to sell 1 million mark with only 679,000 pure sales its! Diamond album by the end of 2019 way people consume music has drastically changed over the years from 2014 2019. Revenue in the world to perform in front of music industry statistics 2019 of their fans for three-fourths of the sales. By -23.5 % music than the average American artists through these platforms is more likely to in... Apple music, labels and artists make money revenues were $ 1.16 billion in 2018, is! Us based on the number of views or streams it received within certain... Listening to music future that they attended live music has been about 33 % of global! Thousands of their fans the relatively straightforward business model of the current GDP and... 23 % of all time, grossing $ 266.1 million, including me, if they you! Time, grossing over $ 775,046,937 recording industry at $ 20.2 billion in 2018 lovers and, somehow, bane. Listening to music than the average industry growth of independent label music in! Swift topped the list of bands and groups with their 6 Diamond with! 2019/2020 Benefits, Facts & trends, 37 music industry statistics 2019 Statistics: Highlights from Infographic...

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