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Large Drops in the Live Music and Concert Industries. The live music industry saw a 75% decline in 2020, according to Goldman Sachs. Up to 85% of live music revenue will be lost in the United ...
IQ is a news platform for the international live music industry. Its readership of more than 100,000 professionals a month comprises live music professionals, including concert promoters, booking agents, festival organisers, artist managers and venue operators, in more than 60 countries.
The world's largest recorded music markets are listed annually by the International Federation of the Phonographic Industry (IFPI). The ranking is based on retail value (rather than units) each market generates respectively per year; retail value generated by each market varies from year to year.
Numerous music events, including music festivals, concert tours, and award shows, have been cancelled or postponed. While some musicians and composers were able to use the time to create new works, there were flow-on effects on the many supporting people who relied on performers for their income. [ 1 ]
As fans lament the loss of live music during the nearly year-long pandemic, many who work in the live music business are struggling to survive. In a report published on Friday, music industry ...
After all, the global recorded music industry trade body’s report has chronicled both the industry’s long, painful period of physical decline and celebrated its streaming-led return to growth ...
Record sales or music sales are activities related to selling music recordings (albums, singles, or music videos) through physical record shops or digital music stores. [ 1 ] [ 2 ] [ 3 ] Record sales reached their peak in 1999, when 600 million people spent an average of $64 on records, achieving $40 billion in sales of recorded music.
Live-music venues: Top audience preferences and barriers to entry How audience interest in concerts stack up to many other kinds of live events Audience loyalty patterns: frequency and repeat ...