2020 Archives

Digital Piracy is declining in the EU and UK

16/12/2021

Digital Piracy is declining in the EU and UK according to a recent report by the EU Intellectual Property Office (EUIPO). In Trends in Digital Copyright Infringement in the European Union, the EUIPO’s main finding was that digital piracy is declining for all types of content (TV, Film and Music). Except for a temporary increase in film piracy in the spring of 2020, the decline continued during the COVID pandemic with total piracy falling by […]

US Latin music market grew 19% in 2020

09/04/2021

The US Latin music market grew 19% in 2020 for a fifth consecutive year in 2020 according to the RIAA, the US recorded music industry association. Despite the COVID-19 challenges of cancelled live shows and limitations on physical retail outlets, US Latin music revenues grew 19% in 2020 to $655 million at estimated retail value – a significantly higher growth rate than for overall US music revenues. Streaming formats grew 20% to $630 million, comprising […]

Australian record music market grew by 7.3% in 2020

31/03/2021

Australian record music market grew by 7.3% in 2020 with growth driven by streaming and vinyl according to figures released by the Australian Recording Industry Association (ARIA). The growth was driven by a rise in revenue from streaming services and vinyl, which offset a drop in revenue for digital downloads and CD sales. It is the sixth straight year of growth for the recorded music industry which now generates AUS$542 million in revenue per annum. […]

People turned to streaming for entertainment in 2020

20/03/2021

People turned to streaming for entertainment in 2020 as they sought out entertainment and distraction during the global pandemic. YouGov conducted a global study tracking the impact of the pandemic on consumer behaviours in 17 countries around the world. YouGov’s International Media Consumption Report 2021 examines the changes in how frequently people consumed media, including how our listening habits have shifted. Among people in the US and UK there was an acceleration of active listening (music streaming […]

Swiss are streaming more during pandemic

20/03/2021

Swiss are streaming more during pandemic according to a recent survey by independent online comparison service moneyland.ch. The survey of video and music streaming conducted in January 2021 shows that YouTube, Netflix and Spotify have been able to grow their competitive advantage even more thanks to the pandemic. Other streaming services like Disney+ and TikTok have also grown substantially. The results show that the use of streaming services in Switzerland has increased once again including […]

Global music revenues reach $23.1 Bn in 2020

17/03/2021

Global music revenues reach $23.1 Bn in 2020 with a 7% annual growth despite pandemic according to media and technology analysts, MIDiA Research. The global pandemic caused widespread disruption to the music business, in particular decimating the live business and impacting publisher public performance royalties. Although the recorded music business experienced a dip in the earlier months of the pandemic, the remainder of the year saw industry revenue rebound, making it the sixth successive year of […]

BTS’ MAP OF THE SOUL: 7 tops IFPI’s 2020 Global Album Sales Chart

13/03/2021

BTS’ MAP OF THE SOUL: 7 tops IFPI’s 2020 Global Album Sales Chart which combines global sales of physical and digital album downloads to rank the top albums of the year. This marks the third Global Chart Award given to the band by IFPI, following their success as Global Recording Artists of 2020, and MAP OF THE SOUL: 7 topping the newly introduced IFPI Global Album All Format Chart. The fourth studio album from global superstars BTS, MAP […]