The global recorded music market grew by over eight percent in 2019, to $20.2 billion, and there are now more than 340 million worldwide music-streaming service subscribers.
Unsurprisingly, the current pandemic means more people than ever are glued to their phones, TVs, and computers, for both work and entertainment. The amount of new content available has started to dry up a little, however, making it a great time time to try and reel in potential viewers.
As voice technology becomes more and more a part of our everyday lives, Amazon’s Alexa is changing the way fans can find you and your music for the better
Music industry body the IFPI was due to publish its annual Global Music Report in March, with data on worldwide recorded music revenues in 2019. The launch was postponed due to the Covid-19 pandemic, but the report has now been published today.
Thanks to social media and other tools—like Spotify—artists and labels are able to connect with fans in more ways than they ever have before. You can do a lot with just a little. But you need to be aware of the pros and cons of that control.