iHype. Posted September 20, 2018 Share Posted September 20, 2018 RIAA Releases 2018 Mid-Year Music Industry Revenue Report Quote Overall market trends in the first half of 2018 continued to reflect the music industry’s rapid transition from unit based physical and digital sales towards streaming music sources. Total revenues from recorded music in the United States grew 10% to $4.6 billion at retail in 1H 2018. Streaming music accounted for ¾ of industry revenues. At wholesale value, revenues rose 10% to $ 3.1 billion. Link to comment Share on other sites More sharing options...
Nazareth Posted September 20, 2018 Share Posted September 20, 2018 2 minutes ago, iHype. said: Streaming music accounted for ¾ of industry revenues. Streaming won. Link to comment Share on other sites More sharing options...
Cap10Planet Posted September 20, 2018 Share Posted September 20, 2018 (edited) Streaming will only keep growing from here. It's currently the most accessible way to consume music. No downloads, no CD holder... just a mobile device and 4G+ or Internet equivalent connection. Edited September 20, 2018 by Cap10Planet Link to comment Share on other sites More sharing options...
iHype. Posted September 20, 2018 Author Share Posted September 20, 2018 CDs down nearly 50% in shipments. Sucks for those who can't adjust to the streaming era! Link to comment Share on other sites More sharing options...
liberalmusiclover Posted September 20, 2018 Share Posted September 20, 2018 Glad my faves are all successful streaming artists, since that is the way to listen to them from this day forward Link to comment Share on other sites More sharing options...
YoYo Posted September 20, 2018 Share Posted September 20, 2018 Do artists profit from streaming as much as they do from album sales? Link to comment Share on other sites More sharing options...
Steve Jobs Posted September 20, 2018 Share Posted September 20, 2018 Ugh remember all the industry shills and certain artist’s stans talking about how the music industry is over and streaming is thievery just 3-4 years ago Link to comment Share on other sites More sharing options...
Cap10Planet Posted September 20, 2018 Share Posted September 20, 2018 (edited) Taylor Swift and Adele will definitely have to release their next albums on streaming first week. I strongly believe Adele's label will do it. Her Spotify numbers on her off time are impressive and she already broke sales records that probably won't be broken again. Taylor is the big question mark. Edited September 20, 2018 by Cap10Planet Link to comment Share on other sites More sharing options...
alexanderao Posted September 20, 2018 Share Posted September 20, 2018 Excellent news. The industry is on a great path for growth. Excited to see what’s to come! Link to comment Share on other sites More sharing options...
Timber Posted September 20, 2018 Share Posted September 20, 2018 And my fave is losing not accepting streaming. Link to comment Share on other sites More sharing options...
iHype. Posted September 20, 2018 Author Share Posted September 20, 2018 9 minutes ago, YoYo said: Do artists profit from streaming as much as they do from album sales? Yes, if you're relevant in it similar to sales. Billboard estimated Drake made $18 million from just his US streams during 2016 with his Views era. By contrast, no artist even made $10 million from their US sales in 2016 (or 2017) according to Billboard. Even Taylor's 2.2m US album sales in 2017 only generated $5 million according to Billboard for her. Link to comment Share on other sites More sharing options...
Wondy Lust Posted September 20, 2018 Share Posted September 20, 2018 8 minutes ago, iHype. said: Yes, if you're relevant in it similar to sales. Billboard estimated Drake made $18 million from just his US streams during 2016 with his Views era. By contrast, no artist even made $10 million from their US sales in 2016 (or 2017) according to Billboard. Even Taylor's 2.2m US album sales in 2017 only generated $5 million according to Billboard for her. What's publishing? Link to comment Share on other sites More sharing options...
IndieKid Posted September 20, 2018 Share Posted September 20, 2018 The music industry's number are **** compared to other forms of entertainment. And that's when the industry has a GOOD year. It's weird when you consider how common music is for people's lives and how FAMOUS the biggest superstars are. 2017: $8.7bil for music in the US vs $43.4bil for film I'm SCREAMING Link to comment Share on other sites More sharing options...
Timber Posted September 20, 2018 Share Posted September 20, 2018 (edited) 14 minutes ago, IndieKid said: The music industry's number are **** compared to other forms of entertainment. And that's when the industry has a GOOD year. It's weird when you consider how common music is for people's lives and how FAMOUS the biggest superstars are. 2017: $8.7bil for music in the US vs $43.4bil for film I'm SCREAMING But that's excluding touring, which is the biggest cause of revenue in music. Also $43.3B for the movie industry is WW, not US only. https://www.statista.com/topics/964/film/ Edit: Eh still tragically low. If half the music revenue comes from the US around $17.4B is a good estimate WW. + $5.65B from touring = $23.05B You're right, still tragically behind. Also, just checked IFPI for the global revenue report, it's $17.3B. Edited September 20, 2018 by Timber Link to comment Share on other sites More sharing options...
iHype. Posted September 20, 2018 Author Share Posted September 20, 2018 Just now, Clytemnestra said: What's publishing? When your music is used in advertising/movies/tv shows and stuff. Basically revenue earned for your music outside of sales/streams. Link to comment Share on other sites More sharing options...
Rico Shameless v2 Posted September 20, 2018 Share Posted September 20, 2018 22 minutes ago, Cap10Planet said: Taylor Swift and Adele will definitely have to release their next albums on streaming first week. I strongly believe Adele's label will do it. Her Spotify numbers on her off time are impressive and she already broke sales records that probably won't be broken again. Taylor is the big question mark. Yeah. I think they’ll both be fine on streaming. Both fan bases will probably still be fine to come out for physicals, especially if Columbia/Big Machine make them attractive. Bundles and such will play a part in that for sure. Link to comment Share on other sites More sharing options...
Ribs Posted September 20, 2018 Share Posted September 20, 2018 15 minutes ago, iHype. said: Yes, if you're relevant in it similar to sales. Billboard estimated Drake made $18 million from just his US streams during 2016 with his Views era. By contrast, no artist even made $10 million from their US sales in 2016 (or 2017) according to Billboard. Even Taylor's 2.2m US album sales in 2017 only generated $5 million according to Billboard for her. But Drake owns his label right ? Maybe that's why 'he' gained so much from his music. Link to comment Share on other sites More sharing options...
Rico Shameless v2 Posted September 20, 2018 Share Posted September 20, 2018 9 minutes ago, IndieKid said: The music industry's number are **** compared to other forms of entertainment. And that's when the industry has a GOOD year. It's weird when you consider how common music is for people's lives and how FAMOUS the biggest superstars are. 2017: $8.7bil for music in the US vs $43.4bil for film I'm SCREAMING On top of what @Timber said, film industry is more expensive + the shelf lives are concentrated in those first few weekends, with lots of pre and post marketing/promotion. Music just doesn’t have that reach, moreso the money for that type of promo anymore. Then you have BluRays/4K/streaming and other home market revenues for film (I’m assuming that 43.4b doesn’t include all that already). Music being common does make it seem a little off, but yeah you don’t have touring/merchandise, etc counted here. There’s also radio and other a lot of forms of free listening options. Link to comment Share on other sites More sharing options...
ATRL Moderator Samson Posted September 20, 2018 ATRL Moderator Share Posted September 20, 2018 (edited) from the RIAA: total streaming revenues: $3.4461 billion total digital sales revenues: $562.2 million (down 26.5%) total synch revenues: $131 million total physical revenues: $461.6 million (down 24.9%) total overall: $4.6009 billion percentage of music industry revenue being streaming: 74.9% did ATRL, one of the last anti-streaming holdouts on the web, lose? Edited September 20, 2018 by Yndda Link to comment Share on other sites More sharing options...
Chainsmoker Posted September 20, 2018 Share Posted September 20, 2018 Certain Fanbases LOST Link to comment Share on other sites More sharing options...
DAP Posted September 20, 2018 Share Posted September 20, 2018 Yes Link to comment Share on other sites More sharing options...
Steve Jobs Posted September 20, 2018 Share Posted September 20, 2018 another atrL Link to comment Share on other sites More sharing options...
ViviLittleM Posted September 20, 2018 Share Posted September 20, 2018 Doesn't change the fact that artists get almost nothing from it. Artists still get more from touring (of course) and real sales Link to comment Share on other sites More sharing options...
ArianadelRey Posted September 20, 2018 Share Posted September 20, 2018 No? Lol. Only certain fanbases (mostly artists who debuted before 2008) still defend pure sales, most of us know what the real deal is. Link to comment Share on other sites More sharing options...
Cesar Posted September 20, 2018 Share Posted September 20, 2018 Sales are dead ATRL, get over it Link to comment Share on other sites More sharing options...
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