music industry

The viral Bird Box challenge, in which people blindfold themselves in daily life in the style of characters from Netflix’s cult-status sci-fi flick Bird Box, will no longer have a home on YouTube. Videos that “cross the line” between funny and harmful are prohibited from the platform from now on, the video-streaming giant said this week. “We’ve […]

Music has been center stage this week at CES 2019, the latest edition of Las Vegas’s international annual consumer electronics bacchanal. As smart speakers and smart home devices become ubiquitous in households around the world, audio-tech companies new and old are now fighting to show off fresh-off-the-line premium technology at the show, an event that […]

Here’s music for the music business’s ears: U.S. consumers’ spending on audio entertainment is expected to rise significantly this year off of record spending in 2018. On-demand music services are expected to bring in 22 percent more revenue in 2019, rising to $7.7 billion, according to the Consumer Technology Association’s semi-annual U.S. consumer technology sales […]

In 2018, Best Buy decided to stop selling CDs, with the change partly brought on by record labels’ increasing reluctance to even issue them. Both choices are symptoms as well as causes of a seemingly inevitable trend: Buying music is now going out of style nearly as fast as streaming music is rising. In 2018, album sales […]

“Historic” was the adjective of choice for artists, songwriters and politicians alike when Congress passed the Music Modernization Act earlier this year. The overdue bundle of reform — intended to update copyright rules for the streaming age and help music-makers take home more money — was an industry-wide effort, years in the making. The MMA’s passage […]

Pollstar released its year-end report on Monday, and Ed Sheeran’s “Divide” Tour sits definitively at the top. The singer’s global tour is the most money-making jaunt in any single year of Pollstar’s 30-year history, according to the box office research group. Sheeran, who performed mostly solo onstage but had Elton John come on as a […]

The music industry is not just rebounding; it’s “going to be in a boom time” very soon, according to Lyor Cohen. The YouTube Music head and venerated music industry executive spoke candidly about his expectations for the future of music in a fireside chat at Yeshiva University’s Cardozo School of Law in New York on Wednesday […]

Ticket-resale giant StubHub, the world’s biggest ticket marketplace, released its fourth annual “Year In Live Experiences” report on Tuesday, highlighting one point in particular: More people are crossing borders to attend concerts, festivals, sports games and other live events than ever before. Nearly 200,000 customers traveled to a different country in 2018 to attend one […]

The night before President Trump signed the Music Modernization Act, a long-awaited bill that allows artists and publishers to earn royalties on recordings made before 1972 and helps songwriters and producers get paid more efficiently in the streaming era, 100 songwriters and lobbyists gathered at City Winery in Washington, D.C., to dance and celebrate. The […]

Innovations on the tech side of music haven’t done much to curtail its piracy problem, according to the International Federation of the Phonographic Industry (IFPI). The organization, which represents the interests of recording industries around the globe, released its 2018 consumer insight report on Thursday, finding that 38 percent of consumers are obtaining music through […]

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