1 Moreover, the live music industry generated almost £1 billion Gross Value Added (GVA) for the UK economy and employed more than 28,000 people. These stats help show the growing trend of sharing music-related content on social media both from artists and fans alike. The bank U2 has two of the top 5 all-time grossing music tours, generating over $1 billion in revenue combined. Music events are a great way for people to take a mental break from their day-to-day reality. Takeaway: Music is something that people can live without, but can you truly live without music? It might be a bit of a grind to get out on the road and do a show or two every day, but there is no better way to really get exposure for an artist’s music. Billboard (11/15/18) Rys, Dan More than half of Americans—52 percent—attend live music events each year, according to Nielsen Music's 2018 Music 360 Report. Streaming revenue grew by 34.0% and accounted for almost half (47%) of global revenue, driven by a 32.9% increase in paid subscription streaming. Brant David McLaughlin has been a professional writer since 2005. Takeaway: Musicians have always made a majority of their money from touring. Live music has an incredible impact around the globe. Nielsen Releases In-Depth Statistics on Live Music Behavior: 52 Percent of Americans Attend Shows. Another is the fact that there is such a wide variety of musical styles that anyone can find something they like. $ 3000; September 2020; 66 pages; The music streaming market in MEA is expected to grow from US$ 1536.4 million in 2019 to US$ 3228.5 million by 2027; it is estimated to grow at a CAGR of 9.5% from 2020 to 2027. 1. excellent Guardian article on the ever-increasing importance of original music in TV shows. 5% is what the esports sector is worth compared with the music business. Esports, Latin Music & streaming: discover the best of this month's music industry news in five key figures! Independence and Music Industry Evolution – Exclusive White Paper. Visualize the total number of emails, Google searches, YouTube videos, Tumblr posts, Instagram photos, in 1 second. Nielsen Music released its 2018 Music 360 Report focusing on the live music business on November 15th. When small companies and venues are added in these figures would easily top the 8 million mark, bigger than sport. Such data is (i) stored for a maximum duration of 3 years or 10 years if the present accreditation is completed, and is (ii) transmitted to Reed MIDEM's partners organizing an event or a session, that Data Subject attend to, which may become Data Controllers. Approximately 34% of Generation Z (which were born between 1997 and 2015) have shown a new interest in … Who doesn’t like going to a concert? Because the in-game experience yields merely one of several ways in which esports companies can invest meaningfully in music and vice versa. In case of an unsatisfied answer to your request, you may raise a complaint before the French National Data Protection Authority (Commission Nationale Informatique et Libertés or CNIL) www.cnil.fr. 3. Let’s run down the season’s key stats! You may exercise your right to access, obtain, correct and oppose the use of your personal data by writing privacy center. 4 Live music Introduction 1. Only a couple of decades ago, from a business perspective most recording artists toured because it was the most effective way to advertise their recordings, from which they made themselves and their labels money. Home » Statistics » 9 Fascinating Live Music Industry Statistics. 2. 2. The live music industry will always be around because of the social desire to sing a favorite song created by a favorite band with others who feel the same way. Part of this is because music is one of the few things on this planet that can engage the brain simultaneously. Access Staff. Figures released today in IFPI’s Global Music Report 2019 show total revenues for 2018 were US$19.1 billion. November 16, 2018. Today, in the age of streaming, live performances are the way that most music artists generate any significant income, giving incentive to music labels to rethink every aspect of their business. The report on Live Music Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. Since 2006, worldwide music industry revenues have been more than $60 billion each year. Add in the atmosphere that music can bring to a restaurant, bar, pub, or even just a coffee shop and there’s always a venue somewhere that will allow anyone to play. Live music is one of the most popular methods of entertainment in every age group and demographic. Live music is the one area of the industry’s revenue that remains reliable as a guaranteed source of cash. The statistics on this page are aggregated wholesale net shipment figures reported by Music Canada major and independent label members for both owned and distributed labels. 6. Music industry trend #1: Independents will have to work together to secure top talent. The Beatles are the most covered artist by live bands, having issued over 32,000 mechanical licenses. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, … The global recorded music market grew by 9.7% in 2018, the fourth consecutive year of growth. 1. Engagement with streaming drives growth of the global music market . At the behest of best-selling author Gina Smith, he began writing long-form journalism in January, 2014. Fans still value the unique experience of seeing their favorite artist in concert enough to pay for it. In 2018, the total revenue from music streaming sites was $7.4 billion, an increase of 30% year-over-year. Why? People are also spending more on live music than they are on recorded music – 49% of a professional musician’s income is from live music, and only 3% comes from recording. 1. Nearly as many (44%) said they watch less live TV as a result of live streaming.3. Live music dollars boost the Australian economy three times over National research conducted by the University of Tasmania and released Wednesday 12 August, 2015 by the Live Music Office shows the live music sector contributed $15.7 billion of value to the Australian community in 2014, providing vital commercial, individual and civic benefits. Which explains why music stars like Drake, Steve Aoki, Jennifer Lopez and Imagine Dragons already own stakes in esports leagues, and Universal Music Group currently has two active esports ventures. 1. The average ticket price in 2012 was $85.93, or $20 more than it was just three years before. He lives in the rustic town of Milford, New Jersey. 5. Nielsen Statistics Reveal 52% Of Americans Attend Concerts & More. ", 13 Google Organic Click Through Rate Statistics, 13 Mobile Search Statistics and Smartphone Search Stats for 2013, Fitbit SWOT Analysis for 2021: 25 Biggest Strengths and Weaknesses, Burger King SWOT Analysis (2021): 21 Big Strengths and Weaknesses, Spotify SWOT Analysis for 2021: 26 Strengths and Weaknesses, Uber SWOT Analysis for 2021: 23 Major Strengths and Weaknesses, Netflix SWOT Analysis (2021): 23 Biggest Strengths and Weaknesses, Tesla SWOT Analysis (2021): 33 Biggest Strengths and Weaknesses, 14 Core Values of Amazon: Its Mission and Vision Statement, Is AliExpress Legit and Safe: 15 Tips for Buyers, How Does Zoom Make Money: Business Model Explained, A Look at Southwest Airlines Mission Statement: 10 Key Takeaways. In contrast, during that period revenues from physical recordings dropped $114.4m (14.6%) to $669 million and download sales dropped $58.8m (16.6%) to $295 million from one year earlier. Artist Bernadette Carroll is more used to 23,000 streams per song, points out music supervisor Matt Biffa in this excellent Guardian article on the ever-increasing importance of original music in TV shows such as Killing Eve, Skins, Sharp Objects and more. YouTube live streaming statistics reveal 70% prefer it over other platforms in 2020. Live Performance Australia data show 7.8 million attendances at music performances in 2013. After polling some 3,100 Americans, their data showed that 52 percent of the U.S. population attends some sort of live music event each year. Alex Rodriguez, who runs Pro Talent Agency, explains Latin music’s new-found commercial dominance: “I think the fusion between reggaetón and Latin pop made a connection with the general public.” And Vanessa Jester, senior vice president of finance at Warner Music Latin America, remarks, “Latin music now travels all over the globe, thanks to new technology.”, Over $2.87 billion is how much total revenue was brought in by Sony Music in the first nine months of 2018, thanks to artists like Travis Scott, according to Music Business Worldwide. $31 billion is how much the live music industry is projected to be worth by 2022, representing a compound annual growth rate (CAGR) of 3.3%, according to a newly published research paper from Pricewaterhouse Coopers (PwC). It’s that esports business owners want more music, according to this Forbes article, which explains “Why the Intersection of Music and Esports is Bigger Business than Ever”. The average community in the United States has at least one live music event playing at least one day per week, no matter what the size of the community happens to be. Ariana Grande. Retail sales in every sector of the music industry are declining except for online streaming music and live music. Save my name, email, and website in this browser for the next time I comment. Released on September 27, 2018, and conducted in partnership with research agency Culture Co-op, the study looked at the power of live music through the lens of an increasingly digital age, documenting trends […] The number of music tourists, those travelling from overseas or within the UK to get to live events, hit a new high of 11.2m last year, up from 10.9m in 2017. Music Streaming Revenue Statistics Additionally, the total music streaming revenue grew 34%, accounting for approximately47% of the total music revenue. In December, 2015, Music Canada released the report Live Music Measures Up: An Economic Impact Analysis of Live Music in Ontario, which is described as the first comprehensive study of the live music industry in Ontario, providing critical data and information that can help guide decision-making within the sector by government and allied stakeholders. Over the past decade, large national concert promoters like Live Nation and AEG have been acquiring venues and music festivals at an increasing pace. That’s $158 million (5.8%) more over the same period one year earlier. Watch this space…, $243 million is how much streamed Latin music brought in from the US market alone in 2017, an increase of 37% over 2016, according to the Recording Industry Association of America’s 2017 year-end report on Latin music. Get all six predictions, plus tips on how to take advantage of the trends, in Music Trends. Live music has been about 33% of these total revenues each and every year. According to a survey by the Interactive Advertising Bureau, 47% of live streaming video viewers worldwide are streaming more live video compared with a year ago.. 2. As the weather turns colder and the days grow darker, happenings in the music industry remain white-hot. Retail sales in every sector of the music industry are declining except for online streaming music and live music. 4. In accordance with Article "Privacy and Data Policy" of the Rules and the Organiser's Privacy Policy, as well as California Consumer Privacy Act Notice, this data is processed by Reed MIDEM, for the purposes of (i) the use and performance of the online platform (such as fulfilling request for information or content), or for (ii) newsletter, promotional communication or promotional analysis or for (iii) clients satisfactions and statistics. It’s already the middle of Autumn. This experience just cannot be replicated by anything else. The research found that people were increasingly willing to travel from other parts of the UK, and even from abroad, to attend live music events. Live music promoter Live Nation promoted 21,000 separate events in the year 2010 by themselves. Pink Floyd is a very close second. 7 million is the number of streams the song “Laughing on the outside” racked up after being featured in hit Netflix series The End of the F***ing World. In 2017, 29.1 million people attended concerts and festivals in the UK, a c.17% increase on the previous year. From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors, 9 Fascinating Live Music Industry Statistics, "From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors. The live music and entertainment sector underwent significant changes and consolidation in 2019 - even before the onset of COVID-19 and its devastating impact on this part of the industry. Ticket prices are going up, but revenues are equaling out and staying fairly consistent thanks to VIP packages, backstage tours, and other unique events that have been added recently to the live music industry. The decade-long live music boom is set to continue well into the 2020s, with the value of the international concert business projected to reach US$30 billion for the first time within five years, according to new figures from PricewaterhouseCoopers (PwC). AEG Presents bought a 50 percent stake in Michael Gudinski’s Frontier Touring Company and, separately, Michael Chugg’s Chugg Entertainment forming a joint venture with Frontier. The live music business is a significant multinational industry, employing hundreds of thousands of people worldwide and estimated to be worth more than €25 billion annually (source: IFPI). (Source: Vimeo) Twitch and Facebook may appear to be the most popular platforms for live streaming, but a survey revealed that when respondents were asked to choose their … People love listening to their favorite records at home, but investing in a musician or a band and going to a live event provides a valuable social experience. Vores opgave er at indsamle, bearbejde og offentliggøre statistiske oplysninger om det danske samfund. Middle East and Africa Music Streaming Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Content Type, Streaming Type, and End User. Click on the map for the growth figures in each region. No major surprise there. Total ticket revenues from the live music industry topped $3 billion. According to a new study from Pricewaterhouse Coopers (PwC), live music revenue will reach $31 billion and streaming music $23 billion. Overall live music turnover (ticket sales + sponsorship), meanwhile, will grow 3.11% CAGR, reaching $31.493bn in four years’ time: Reflecting on another strong showing in 2018, PwC’s commentary on the live sector reads: “The live music sector had another strong year, as leading artists toured the globe. Historical trends, statistics, infographics and live data visualization $31 billion is how much the live music industry is projected to be worth by 2022, representing a compound annual growth rate (CAGR) of 3.3%, according to a newly published research paper from Pricewaterhouse Coopers (PwC). More than 31,000 full time employees directly benefit from the work of this industry in the United States alone. In particular, music streaming service revenues were up $300.1 million (26%) year-on-year to $1.46 billion during the January-to-September 2018 period. The industry also employs more than 28,000 people which includes sound engineers, promoters, stage crew and touring crew, amongst others. The world's largest online music service. Listen online, find out more about your favourite artists, and get music recommendations, only at Last.fm Global growth by region. For instance, over half of those surveyed use Twitter to follow or get updates from music artists and bands, and 63%of Snapchat users are either sending or looking at photos and videos from live music events. Here are three new stats that reveal why millennials are connecting over music in today’s political climate — and how you can better satisfy them at your live music events.. 84% of millennials attend music festivals to escape the daily grind. Streaming services bring in an astounding 84 percent of Latin music generated revenues. 2. Classical and opera’s share is 1.5 million, with contemporary music reaching 6.3 million. Frank Turner has played more shows in the last 12 months than anyone else, responsible for 194 set lists. Watch the Internet as it grows in real time and monitor social media usage: Internet users, websites, blog posts, Facebook, Google+, Twitter, and Pinterest users. That’s what findings from Live Nation’s global study “The Power of Live” suggest. Music Canada provides annual Canadian music market sales reports on our Statistics page. 3. The Age of Independent Music Artists: are Services the New Dealmakers? Millennials are the largest group of consumers of live content. What’s the significance of comparing and contrasting those numbers? 63% of people ages 18-34 are watching live-streaming content regularly. $17.3 billion is how much money music recordings generated globally in 2017, whereas esports revenues are projected to top out at approximately $906 million by the end of 2018… but are growing much faster. Total ticket revenues from the live music industry topped Sony has told its shareholders that total sales revenues are now expected to beat the previous forecast because of “the expected impact from the consolidation of EMI and the strong performance of the mobile gaming application Fate/Grand Order.”. Danmarks Statistik er den centrale myndighed for dansk statistik. Leadership / 11.15.18. (Neil Patel, 2018) 9. 2 The UK