Showbiz Sandbox 441: Music Industry Gets Into The Stream of Things
March 18, 2019
In February the RIAA reported that music sales in the United States reached $9.8 billion in 2018, up nearly 12% over the previous year. Total worldwide sales were up over 13% reaching $18.9 billion. What’s remarkable is of that figure $9.6 billion, or 51%, came from streaming revenue, the first time that figure has outpaced digital and physical sales.
While some might see this as just a bunch of numbers and sales figures, labels and artists are beginning to see more revenue from streaming. In fact, musicians selling directly to fans grew 35% last year, topping out at $643 million, none of which went to record labels or middlemen.
Meanwhile, “Captain Marvel” continues to top the box office and looks to be headed toward $1 billion with the release of “Avengers: End Game” just a month or so behind. In China, the Oscar winning “Green Book” is doing surprisingly well.
Of course we also cover the week’s top entertainment headlines including the head of Warner Bros. resigns amid a sexual misconduct scandal, Netflix cancels “One Day At A Time” and MySpace loses it’s music (or at least some of it) .
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Comscore Announces Official Worldwide Box Office Results for Weekend of March 17, 2019
https://www.prnewswire.com/news-releases/comscore-announces-official-worldwide-box-office-results-for-weekend-of-march-17-2019-300813634.html
Kevin Tsujihara Out as Warner Bros. Chief Amid Sexual Impropriety Scandal
https://variety.com/2019/biz/news/kevin-tsujihara-warner-bros-sexual-impropriety-1203165653/
Neil deGrasse Tyson Will Return to National Geographic After Assault Investigation
https://variety.com/2019/tv/news/neil-degrasse-tyson-national-geographic-channel-cosmos-star-talk-1203156820/
‘I was stupid’: K-Pop Scandal Engulfs Third Star Who Admits Watching Secret Sex Video
https://www.theguardian.com/music/2019/mar/14/i-was-stupid-k-pop-scandal-engulfs-third-star-who-admits-watching-secret-sex-video
Disney Rehires James Gunn For Guardians Of The Galaxy 3
https://deadline.com/2019/03/james-gunn-reinstated-guardians-of-the-galaxy-3-disney-suicide-squad-2-indefensible-social-media-messages-1202576444/
Yanni Comes To Broadway
https://www.broadwayworld.com/article/Yanni-Takes-the-Broadway-Stage-in-Upcoming-Residency-20190318
The 145-Pound Long Snapper and Other Tales of College Admissions Puffery
https://www.nytimes.com/2019/03/14/sports/college-admissions-athletes.html
New ‘When Calls The Heart’ Episode Pulled By Hallmark Channel Amid Lori Loughlin Scandal
https://deadline.com/2019/03/when-calls-the-heart-lori-loughlin-episode-pulled-hallmark-channel-college-scandal-1202576139/
Lori Loughlin’s ‘Fuller House’ Future Dim Due To Elite School Bribery Scandal
https://deadline.com/2019/03/lori-loughlin-fuller-house-future-dim-netflix-1202576193/
Netflix Cancels One Day At A Time Revival
https://deadline.com/2019/03/one-day-at-a-time-canceled-netflix-3-seasons-1202575774/
Netflix Cancellation Strategy
https://deadline.com/2019/03/netflix-tv-series-cancellations-strategy-one-day-at-a-time-1202576297/
MySpace Loses Millions Of Music tracks
https://www.npr.org/2019/03/18/704458168/myspace-says-it-lost-years-of-user-uploaded-music
U.S. Music Industry Generated $9.8 Billion in 2018, Third Straight Year of Double-Digit Growth: RIAA
https://www.billboard.com/articles/business/8500502/riaa-us-music-industry-2018-revenue-streaming-cds-vinyl-digital-growth
Global Record Industry Generates $18.8b in 2018
https://www.musicbusinessworldwide.com/the-global-record-industry-generated-18-8bn-last-year-with-31-going-to-universal-music-group/
Spotify Hits 1 Million Subscribers In India In Less Than A Week
https://www.billboard.com/articles/business/8500868/spotify-1-million-unique-listeners-india-less-than-week
Spotify, Google and Pandora Go to U.S. Appeals Court to Overturn Royalty Increase (EXCLUSIVE)
https://variety.com/2019/music/news/spotify-google-and-pandora-go-to-u-s-appeals-court-to-overturn-royalty-increase-exclusive-1203157697/
Warner vs. Spotify: What’s Really Going On?
https://www.musicbusinessworldwide.com/warner-vs-spotify-whats-really-going-on/
Spotify Defends Its Complaint Over Rising Royalty Rates For Songwriters
https://www.musicbusinessworldwide.com/spotify-accused-of-giant-lie-as-it-defends-attempt-to-block-songwriter-pay-rise-in-the-us/
Spotify Sues Apple In EU Over Anti-Competitive Practices
https://www.nytimes.com/2019/03/13/business/spotify-apple-complaint.html
Explaining Spotify’s Appeal on CRB Rate — It’s All About The Mechanical Floor
https://www.billboard.com/articles/business/8502707/why-spotify-appeal-crb-rate-decision-huge-deal-songwriters-publishers
Dick Dale, 81, King of the Surf Guitar, Dies
https://www.nytimes.com/2019/03/17/obituaries/dick-dale-dead.html
Drummer Hal Blaine Dies at 90
https://www.theguardian.com/music/2019/mar/12/hal-blaine-drummer-who-dominated-mid-century-pop-dies-aged-90
Poet WS Merwin Dies at 91
https://www.nytimes.com/2019/03/15/obituaries/w-s-merwin-dead-poet-laureate.html
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