WEEKLY REPORTS - PAGE 2
Our Editor-in-Chief Paul Resnikoff takes you beyond the headlines to help you make sense of the news of the week - and to give you an understanding of why it matters. Published on a weekly basis.$25 Tickets Are Back In Full-Force With Live Nation’s ‘Concert Week’ — But What’s the Game Here?
About one week after reporting positive Q1 2024 financials, Live Nation has kicked off its “Concert Week” promotion, offering fans $25 tickets to shows from acts including Avril Lavigne, Dierks Bentley, and Pitbull. For a company that’s faced ample pricing criticism from both customers and lawmakers, what exactly does the promotion mean?
To date, that question has received relatively little attention in the media, where the spotlight remains on Live Nation’s increasingly strong earnings, Concert Week i... Read More...
More Than Half of 13-34 Year-Olds Still Listen to Radio Every Single Day In the US — But Can This Format Survive the Next 10 Years?
The data is both encouraging or depressing — and the landscape is more complicated than ever. But where does radio stand in 2024, given a quick-evolving streaming landscape and an increasingly digital music space? Six experts tackled the complex question and discussed the medium’s path forward during our latest DMN Pro event. Here are some of the takeaways.
If radio is dead, listeners haven't quite noticed. Nielsen, in its Radio Today report, pointed out that AM/FM reaches 91% of American adults each m... Read More...
Have Music Festivals Hit Their Peak? A Look at Why Coachella and Other Big Festivals Aren’t Selling Out
Following a post-COVID rebound for live entertainment, are music festivals hitting their peak? That’s the question many are asking now that sellouts are eluding high-profile events including Coachella.
For most concerts and festivals, failing to sell out isn’t necessarily indicative of a downturn. But in years past, fans promptly scooped up all the passes to Goldenvoice-organized Coachella – a driving factor behind the addition of a second weekend. That makes the 2024 installment’s comparatively lacklu... Read More...
Will Twitter/X Ever Pay for Music? A Closer Look At the NMPA’s Legal Battle Against Elon Musk
X (formerly Twitter) is grappling with a copyright infringement lawsuit from 17 NMPA-corralled music publishers demanding hundreds of millions of dollars in damages. But given a number of setbacks in the case for publishers, will the Elon Musk-owned platform ever pay for the use of music?
Spotify Price Increases Are Coming: But What Do They Mean for Labels, Publishers, Artists, and Spotify Itself?
Wall Street’s positive response to reports of additional Spotify price increases pushed shares to a 52-week high. But what would larger monthly costs mean for the platform, labels, artists, and the wider industry?
Spotify Ranks Number One for Most Accurate Payments and Reporting, According to Billions of Analyzed Streams. Guess Who’s Dead Last?
Streaming music has been booming for years. But amidst all the rapid growth, how is the accuracy of reporting and payments faring?
In our latest DMN Pro Weekly report, we take an in-depth look at the data to rank today’s leading platforms on payouts and overall reporting accuracy.
The results may surprise you.
Report Table of Contents
Introduction: Streaming’s Growth and the Corresponding Importance of Accurate Payments
Graph: DSPs by 2022 Payments Accuracy
Spotify’s Recent Recording Royalties... Read More...
Life After TikTok: What Does a Ban Mean for the Music Industry?
TikTok is facing its greatest regulatory threat to date in the U.S., where lawmakers are rallying behind forced-sale legislation. TikTok says this would effectively amount to a ban in the app’s biggest market, with ripple effects impacting dozens of industries. But what exactly would a ban look like for the music industry?
TikTok’s possible U.S. shutdown would bring music-specific consequences affecting licensing, supplemental artist income, promotion, discovery, fan interaction, and more. Though nothi... Read More...
How the K-Pop Industry Is Becoming Less Dependent on K-Pop — A Look at the Latest Moves by Hybe, JYP, YG, SM, and Others
Hybe kicked off March by acquiring nearly $80 million worth of SM Entertainment stock, underscoring its continued expansion ambitions following the November purchase of Exile Music. With others also diversifying amid a potential K-pop slowdown, will a global approach ensure the genre’s continued influence in the long term?
What if the success of Hybe and K-pop itself isn’t dependent on BTS – or any one act, for that matter? The company (and to some extent its rivals) has now emerged as a global busines... Read More...
What Will UGC Licensing Look Like After the UMG-TikTok War?
More than one month into the TikTok and Universal Music Group standoff, all signs point to an intensifying dispute between the companies. Here's an analysis of where the high-stakes impasse stands – and how the episode's fallout could drive a fundamental shift in the way music factors into the UGC space.
It can be safely stated that February delivered little concrete progress toward a resolution for TikTok and UMG, thereby setting the stage for a possible multi-month (or longer) standoff. As a result, ... Read More...
Music IP Acquisitions Are Exploding, With Early 2024 Spending Topping $2 Billion — Is This the Beginning of a Record-Setting Year?
2024’s first two months saw billions pour into music IP, with one of the largest single-catalog deals to date occurring. Amid continued streaming growth and strong listenership for the hits of yesterday, does the early momentum mark the start of a serious rebound and record-setting surge?
Just how big has 2024 been for music-focused IP acquisitions? This big: north of $2 billion was spent or committed to song rights across 2024’s first two months, with high-profile plays and a record catalog valuation.... Read More...
How Valuable Is the Super Bowl for Artists? A Look At the Data Behind the Record-Setting 2024 Game
The longest and most-viewed Super Bowl in history featured performances from a number of artists – chief among them Usher, who headlined a star-studded halftime show sponsored by Apple Music. But what kind of commercial results did the big game drive for the acts?
According to Nielsen, Super Bowl LVIII attracted a record 123.7 million average viewers, up markedly from LVII's approximately 115 million watchers and over 20 percent higher than LVI's viewership. Fueled by a competitive match-up that culmin... Read More...
Daniel Ek and Other Spotify Insiders Recently Sold Nearly $100 Million Worth of Company Stock — A Look at Whether This Matters
Following the release of Spotify’s Q4 2023 earnings report, insiders including CEO Daniel Ek sold a total of almost $100 million worth of company stock. Amid a push for profitability – and as shares continue to hover around a 52-week high – what does the selloff mean for the streaming giant’s 2024?
Spotify (NYSE: SPOT) posted its Q4 2023 financials on Tuesday, February 6th, reporting the addition of 10 million subscribers from the prior quarter and a smaller-than-expected operating loss. Against the ba... Read More...
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