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2016 round-up: Music industry results from around the world

In the first few months of every new year, trade bodies from all corners of the globe reflect on their successes of the previous 12 months. Those analyses offer a snapshot of the music industry and the trends that cross national borders. For 2016, the results generally reflected a continued increase to the share of revenue delivered by streaming. Continue Reading

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IFPI 2016 report sees global streaming revenue up 60.4%

The IFPI published its annual global music report reflecting on the industry’s 2016 performance. Global revenue increased 5.9% to $15.7 billion. Digital revenue rose 17.8% to $7.8 billion, enough that it now has a 50% share of the global music industry’s total. “If the digital market continues to grow, so too will the overall level of remuneration to artists, as will the levels of overall investment required to create new music whilst helping to drive digital innovation,” IFPI CEO Frances Moore said. Continue Reading

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Nielsen Total Audience Report contrasts radio and TV for news consumption

Nielsen’s Total Audience Report for Q4 2016 placed a focus on news. The results showed how much of a role radio plays in news consumption for U.S. adults. The weekly gross amount news consumption on radio in PPM markets rose from 10.5 billion minutes in 2015 to 11.5 billion minutes in 2016. However, radio did top the share of weekly listening in 2016 among U.S. adults. Continue Reading

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Report: DMCA could be allowing up to $1 billion in royalty underpayments

The Digital Millennium Copyright Act has been a lightning rod for criticism from the music industry. There have been many calls to update the act, which took effect in 1999, to reflect the changes that have happened in the music industry over the past two decades. The most recent ammunition in the arsenal for those activists is an academic report from the Phoenix Center. Continue Reading