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Global recorded music industry revenues topped $20bn last year – but streaming growth slowed

Global recorded music industry revenues topped $20bn last year – but streaming growth slowed | hot topic about the new music industry | Scoop.it
The global recorded music industry generated $20.2bn in wholesale revenues – that’s the money making its way back to labels and artists – in 2019. This figure was up 8.2% on the prior year ($18.7bn), according to official industry data revealed in the latest IFPI Global Music Report today (May 4). Bright spots for record … Continued

Via Midem Team
Anthony Williamss insight:
they are showing that the labels is in a attempt to take back the industry
Amaj Jackson's curator insight, May 24, 9:03 PM
This relates to my topic because Taylor Swift streaming only went down because she hasn't been releasing new music for her fans during struggling times.
DalynFranzoni's curator insight, May 24, 11:45 PM
As music keeps being made and broadcasted, so are movies, news channels, advertisements, but strictly I'm going to share my thoughts on the music industry. As technology gets easier to use, so do softwares and hardwares, speaking from experience, making music gets easier and easier as time passes by. Not only are there courses to takes but many people are broadcasting videos on how to make music. I'm not saying its the easiest thing in the world but after you pick up the learning curve, it becomes easier to create. After its made, people have every right to publish and post their music to broadcasting softwares, as long as they follow specific guidelines as there creating/submitting their work. Once somebody succeeds, they start to get views or listens, which starts the money making process. Its easy to get people hooked on spending their money on broadcasting software subscriptions to have unlimited use and downloads of the music they enjoy.
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Rescooped by Anthony Williams from iPads, MakerEd and More in Education
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Introduce #Computational #Thinking with the #Music #Industry  - Digital Promise

Introduce #Computational #Thinking with the #Music #Industry  - Digital Promise | hot topic about the new music industry | Scoop.it
How can you stimulate students and teachers to engage in computational thinking with data? One key is to provide a realistic, relevant, and meaningful context. We’re excited to release two new resources—a short video and a two-page handout—that teachers can use to introduce students to how the music industry is using data and computation.

Via John Evans
Anthony Williamss insight:
it is easy to gain access to information which leads to reaching a audience through computation.
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Rescooped by Anthony Williams from Family Office & UHNW - Empowering Family Dynasties
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Richard Branson: Music Industry Imploded Due to Apple - YouTube

May 12 (Bloomberg) -- Sir Richard Branson, Virgin Group Founder and Chairman, discusses the music industry, music streaming, and Apple's potential partnershi...

Via Enzo Calamo
Anthony Williamss insight:
I'm seeing apple music is the new way music is reaching the consumer.
jio randolph's curator insight, November 17, 2019 11:55 PM
Same thing as before due to streams being such a powerful thing now it makes obtaining music so much easier. youtube is a hit or miss depending on who you are watching I recommend this for audio students.
Rescooped by Anthony Williams from New Music Industry
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Global recorded music industry revenues topped $20bn last year – but streaming growth slowed

Global recorded music industry revenues topped $20bn last year – but streaming growth slowed | hot topic about the new music industry | Scoop.it
The global recorded music industry generated $20.2bn in wholesale revenues – that’s the money making its way back to labels and artists – in 2019. This figure was up 8.2% on the prior year ($18.7bn), according to official industry data revealed in the latest IFPI Global Music Report today (May 4). Bright spots for record … Continued

Via Midem Team
Anthony Williamss insight:
they are showing that the labels is in a attempt to take back the industry
Amaj Jackson's curator insight, May 24, 9:03 PM
This relates to my topic because Taylor Swift streaming only went down because she hasn't been releasing new music for her fans during struggling times.
DalynFranzoni's curator insight, May 24, 11:45 PM
As music keeps being made and broadcasted, so are movies, news channels, advertisements, but strictly I'm going to share my thoughts on the music industry. As technology gets easier to use, so do softwares and hardwares, speaking from experience, making music gets easier and easier as time passes by. Not only are there courses to takes but many people are broadcasting videos on how to make music. I'm not saying its the easiest thing in the world but after you pick up the learning curve, it becomes easier to create. After its made, people have every right to publish and post their music to broadcasting softwares, as long as they follow specific guidelines as there creating/submitting their work. Once somebody succeeds, they start to get views or listens, which starts the money making process. Its easy to get people hooked on spending their money on broadcasting software subscriptions to have unlimited use and downloads of the music they enjoy.
Rescooped by Anthony Williams from Family Office & UHNW - Empowering Family Dynasties
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Pandora claims that Steve Jobs 'eviscerated the music industry'

Pandora claims that Steve Jobs 'eviscerated the music industry' | hot topic about the new music industry | Scoop.it
On an investor's call, Pandora CFO Mike Herring claimed that iTunes was a horrible turn for the music industry.
Via Enzo Calamo
Anthony Williamss insight:
i agree cause there no need to physically interact with consumers anymore.
Antwan L Jenkins's curator insight, January 26, 11:12 PM
I haven’t gotten much research on this however the article is very truthful and honest! I’m an Apple fan but as an artist it doesn’t allow us to get back from all the spendings from producing a record because people can just stream on Apple. 
Diamante Lawson's curator insight, March 20, 2:29 PM
i feel that iTunes from 2000-2013 was amazing like who didn't have and I Pod iTunes was safe and prevented people from pirating with ease 
Laharla Aries Williams's curator insight, March 22, 11:33 PM
I think that Mike has a valid point. iTunes take away from individual marketing
Rescooped by Anthony Williams from Technology in Business Today
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Spotify wants to make the Music Industry more Efficient

Spotify wants to make the Music Industry more Efficient | hot topic about the new music industry | Scoop.it
Spotify wants to make the Music Industry more Efficient



In an exclusive interview, Daniel Ek, chief executive officer of Spotify Technology SA, talks with Bloomberg’s Emily Chang about how the music industry is experiencing massive change. Cred

Via TechinBiz
Anthony Williamss insight:
Spotify is identifying the change in thew music industry
Dawn VanDam's curator insight, May 21, 3:12 PM

In an exclusive interview, Daniel Ek, chief executive officer of Spotify Technology SA, talks with Bloomberg’s Emily Chang about how the music industry is experiencing massive change

Alanna Hayes's curator insight, May 24, 10:26 PM
This article explains how streaming music has become one of the biggest revenues to listening to music, and how it's become difficult to payouts for their music. Personally,  the amount that artist are getting is very little compared to what the service is making (which is billions). This is discussed in an interview with Daniel Ek, chief executive officer of Spotify Technology SA. This is an article that anyone interested in the industry should look at and learn how to adapt to it.
joey smith's curator insight, July 26, 2:47 AM
This article is major news for the music industry because spotify is a huge deal when it comes to music. You want to make sure your music gets on this platform because it'll spread your name faster. This source is credible due to it involving the chief executive officer of spotify and this source is pretty significant due to what its talking about the massive change of streaming music.