In 2024, global music revenue generated by digital music and downloads continued its decline compared to recent years, at the level of 0.8 billion U.S. dollars. It was the lowest figure reported since 2005. Musi
As a result of this shift in music consumption, digital music accounted for over half of the all the revenue generated by the music industry in 2021 and amounted to a total of 1.1 billion U.S. dollars that year. By far, the U.S. is the most profitable market for the digital music ...
At the height of the Internet boom, it seemed that we might be on the verge of a true revolution in the way music was bought and paid for — one that had the potential to forge lucrative new revenue streams for established record companies and also to make home-based musicians rich beyon...
When your music is sold or streamed on any of CD Baby’s partner platforms, they report that revenue to us. Generally, it takes those services about a month or two from the time the song or album was downloaded or streamed to report the revenue to us (although you can viewdaily trend...
Common pain points of musicians and the music industry Monetisation and Revenue Streams Numerous music industry professionals and musicians find it difficult to optimize their digital platforms to generate revenue from their music. This includes various revenue streams such as streaming revenue, advertising...
BMG earnings for 2024 were bolstered by revenue hitting $1 billion on the strength of catalog deals, digital distribution growth and publishing gains.
surge of innovation likely to result in additional revenue and increase the sustainability of the company’s digital changes. To reduce the amount of friction involved in digital acceleration, companies can set up new distribution models, change the sales model,...
partnership pools locally, regionally, and globally. Currently, the project focuses on seven key areas – TV and video, traffic monetization, mobile games, open API, enterprise, industry, and digital music. The program's goal is to help CSPs build Service Mall to activate their distribution ...
While total revenue from recorded music have strongly declined since 1999, revenues from digital music have increased more than 1000% during the period 2004–2010 (IFPI, 2011). In 2013, digital revenues grew by 4.3% to an estimated US$5.9 billion. Digital channels accounted for 39% of global...
Among those reporting proven ROI, 64% cite faster content production and higher productivity, while similar numbers point to improved decision-making, freed-up resources for strategy and revenue growth. As Eric Perez, vice president of Design hub at iHeartMedia, explains: “In fast-paced ...