The annual global recorded music industry grew 5.9% to $15.7b in 2016—the highest rate of growth since IFPI records began in ’97—as digital income, fuelled by streaming subscriptions, rose 50%. Numbers were revealed at an event in London today where UMG’s Michael Nash, Sony’s Dennis Kooker and WMG’s Stu Bergen discussed the challenges that lie ahead.
Girls and Big Little Lies end their runs and the biggest movers on Shazam’s Top 100 are no longer coming from the TV set. Instead we have a collection of powerhouse singles comprising the Top 5 list, four of them hailing from Universal Music Group.
PledgeMusic and Spotify are among the seven nominees in the Libera Awards’ Independent Champion category. Nominations have been announced for the sixth edition of A2IM’s Liberas, which celebrate the indie world with awards in 17 categories honoring albums, companies, syncs and videos.
Live Nation is promoting National Concert Day on Monday by putting 1 million tickets on sale for 20 bucks. The roster of more than 50 participating tours is rather diverse, among them Jason Aldean with Chris Young and Kane Brown,Dead & Company, Earth, Wind & Fire and Chic f/Nile Rodgers and Florida Georgia Line with Nelly and Chris Lane.
STREAMING PUSHES GLOBAL MUSIC INDUSTRY UP 5.9%
And the future is in phones. (4/25a)
DJ KHALED TEAMS WITH BIEBER, CHANCE, WEEZY & QUAVO
One giant collab after another (4/25a)
CHART BATTLE BREWING?
Stapleton vs. Logic (4/25a)
"DESPACITO" SETTING STREAMING RECORDS
Add Bieber, see song explode. (4/24a)
2017'S NEW CHAMP (UPDATE)
Kendrick completes his ascent to streaming-age superstardom. (4/21a)