With investors increasingly focused on streaming gains, the Big Three are looking at ways to supercharge subscriber growth in the U.S. and emerging markets.
Independent artists and labels had a 46.7% share of the global recorded music business in 2023, according to a new MIDiA Research report — 11 points higher than their U.S. share.
Radio programmers quickly stopped playing Combs’ music after lawsuits surfaced. His streams dropped, too, although not as drastically.
Two decades ago, the business endured huge layoffs amid a painful period of sales decline. This time, experts say the industry’s cyclical nature is more to blame.
TikTok is great at being TikTok. But a global, on-demand music streaming platform has a different set of challenges.
Nonetheless, because the U.S. is such a large market, it has a big say in whether the global music streaming market can grow at 10% a year.
Experts say an improvement in COVID-era supply chain issues should be good news for physical music purchasers — though other factors may lead to a continued creep in prices.
In an unprecedented scenario, Universal Music Group chairman/CEO Lucian and his ascendant son Elliot will control more than a third of the U.S. market — at competing companies.
As companies like Universal Music Group and SiriusXM hit rough patches on certain metrics, cost-cutting has helped their bottom lines.
As the industry seeks fairer ways to compensate creators, economist Will Page proposes rewarding songs that keep people listening.
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