In the back half of 2023, company leaders expect fans to continue spending. The advertising market is a different story.
Downloads of the Oliver Anthony track account for about 65% of royalties earned from sales and streaming, Billboard estimates.
Charting declines in the pop star’s streams, U.S. track sales and social followers in the week after a blockbuster lawsuit was filed against her.
The Big Machine versions of Swift's re-recorded albums have performed largely in line with industry trends despite the presence of the newer iterations.
Seven of the world's largest collective management organizations improved their 2022 collections by an average of 19.4%.
The closely watched Goldman Sachs "Music in the Air" report lowered previous forecasts for recorded music and streaming revenue.
While TV/film continues to struggle with piracy, for music it's hardly the problem it once was thanks to the industry's approach to streaming.
Thanks to a higher streaming growth rate and hits from artists like Taylor Swift and Morgan Wallen, consumption was up 13.8% in the first 20 weeks of the year.
Top executives at public touring and ticket companies have been saying post-pandemic demand remains strong and isn't showing signs of letting up.
Newly delisted from the New York Stock Exchange, the radio giant's problems also stem from debt taken on following its 2017 merger with CBS Radio.
