The music streaming market is currently the most dynamic segment in the music industry. The market entry of Apple with iTunes Radio and Google with All Access underpin the relevance of music streaming. It is just a question of time when Amazon will announce the launch of its rumoured music streaming service. Google, Apple & Co., however, enter a highly contested market. In the relatively small Austrian music market, eight streaming operators offer their services to the consumers (IFPI Austria 2013: 13) – not counted are the myriads of Internet radios, video streaming platforms such as YouTube, TapeTV, Vimeo and Hulu as well as the cloud-based music services of Amazon, Apple and Google.
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Tags: ad-supported, All Access, Amazon, Apple, Cloud Drrive, Cloud Player, Deezer, freemium, Glenn Peoples, Google, Hulu, iCloud, Internet radio, iTunes Match, iTunes Radio, LastFM, Mark Mulligan, music downloading, music licensing, music streaming, Play Music, premimum subscription, Simfy, Slacker, Soundcloud, Spotify, Spotify (UK) Ltd., Spotity AB, subscription, TapeTV, Vevo, Vimeo, webcaster, Xbox Music, YouTube
The 4th Vienna Musis Business Research Days will be held on the “Future of Music Licensing” in Joseph Haydn Hall at the University of Music Performing Arts Vienna (Anton-von-Webern-Platz 1, 1030 Vienna) from June 20-21, 2013. This international conference gathers scholars from different disciplines, but also business professionals and decision-makers from state and private bodies to discuss the future of collective music licensing as well as the future of copyright in a digital society. In addition young scholars present their recent findings on music business industry topics in an international workshop.
Admission free, but please register under email@example.com
You can follow the 4th Vienna Music Business Research from 19:30, June 20 (CEST until 18.00, June 21, 2013 (CEST) on a live audio stream: http://www.mdw.ac.at/mdwMediathek/livestream/
Media coverage of the 4th Vienna Music Business Research Days 2013
Musikmarkt. Das Branchenmagazin, “Zwischen Theorie und Praxis. Die Wiener Tage des Musikwirtschaftsforschung”, Issue 22/2013, p. 44.
Salzburger Nachrichten, “Ein Ständchen kann teuer werden”, June 14, 2013.
Futurezone, “Experten diskutieren Musiklizenzierung in Wien”, June 17, 2013.
The Gap, “The Next Big Thing”, June 19, 2013.
Tags: access model#, ad-supported streaming, digital music market, German recorded music market, mobile music market, music download, music streaming, music subscription, ownership model, physical sales, SoundExchange, Swedish recorded music market, US recorded music market
After years of recession optimism is back in the phonographic industry. In the current Recording Industry in Numbers by the International Federation of the Phonographic Industry (IFPI 2013) the first but small increase of 0.9 percent in global recorded music sales were reported since 1999.The decreases in CD sales and in other physical formats could be compensated by increases in digital music sales. The revenue streams of music streaming services seem to play a crucial role in the recovery. Spotify, Deezer & Co. report annually growing number of users, which makes streaming the fastest growing segment in the phonographic market.
In a series of blog posts entitled “Is Streaming the ‘Next Big Thing’?” I would like to highlight the boom of music streaming services and their business models. But I also ask whether and how labels and publishers as well as artists benefit from the growing streaming music market. In part 1 the development of the digital music market in different countries with special regard to the music streaming market is analysed in detail.
Tags: Aboriginal music, Andrea Schurmann, Australian music business, Breda McCarthy, chart analysis, content provider, David Salisbury, digital music, experience economy, file sharing, Gianna Moscardo, Guy Morrow, independent music, indies, indigenous music, Jordi McKenzie, Laurie Murphy, music, music branding, music copyrigh, music download, music festivals, music streaming, p2p music file sharing, Peter Tschmuck, Phil Graham, Philipp Peltz, Phlip Pearce, Ryan Daniel, Steven Campbell, tertiary music education, Torres Strait music
“Music Business and the Experience Economy” is the first book on the music business in Australasia from an academic perspective. In a cross-disciplinary approach, the authors deal with a wide-range of topics concerning the production, distribution and consumption in the digital age. The interrelationship of legal, aesthetic and economic aspects in the production of music in Australasia is also highlighted as well as the emergence of new business models, the role of music file sharing, and the live music sector. In addition, the impact of the digital revolution on music experience and valuation, the role of music for sports and branding, and last but not least the developments of tertiary music education, are discussed from different perspectives.
For a more detailed book review please click here for further reading.
Tags: Chinese music industry, cultural capital, digital music industry, IJMBR, industrial convergence, International Journal of Music Business Research, John Fangjun Li, Juan Montoro-Pons, Manuel Cuadrado Garcia, Michael Huber, music consumption, music reception, popular music audience, Trinidad Casasus-Estrelles
The new issue of the International Journal of Music Business Research is now online. You can read an article by Michael Huber on “Music Reception in the Digital Age – Empirical Research on New Patterns of Music Behaviour” based on a representative survey of music consumption in Austria. In the article “Analysing the Popular Music Audience. Determinants of Participation and Frequency of Attendance” Juan Montoro-Pons et al. show that concert attendance in Spain is driven by by cultural capital accumulated through media participation. Finally, John Fangjun Li highlights the tremendously growing digital music industry in China in a contribution entitled “The Development of the Digital Music Industry in China during the First Decade of the 21st Century with Particular Regard to Industrial Convergence”.
Tags: Bertin Martens, clickstream data, digital music consumption, Joint Research Centre of the EU Commission, JRC, Luis Aguiar, music consumption behaviour, music download, music file sharing, music purchase, music sales, music streaming, NetView, p2p music file sharing
The Joint Research Centre (JRC) of the EU Commission recently published a study entitled “Digital Music Consumption on the Internet: Evidence from Clickstream Data” with remarkable results. The authors, Luis Aguiar and Bertin Martens, concluded that music file sharing as well as music streaming have a significant positive impact on legal music downloads. The study is based on Clickstream data from Nielsen NetView. The database contains all the clicks of 25,000 Internet users in France, Germany, Italy, Spain and the United Kingdom for the calendar year 2011. In the following the main finding “(…) that digital music piracy does not displace legal music purchases in digital format” will be further investigated.
Tags: CD purchases, copyright law, David Bahanovich, Dennis Collopy, digital music, file sharing, music behaviour, music collections, music consumption, music download, music experience, music ownership, music streaming, music use, p2p music file sharing, University of Hertfordshire, valuation of music
The study Music Experience and Behaviour in Young People is the third survey of its kind – after 2008 and 2009 – for 2011. After a presentation of the key findings of the study in the 3rd Vienna Music Business Research Days, it’s now an honour and pleasure to exclusively present the results of the current study on the blog. The 2011 study is based on a comprehensive online survey of 1,888 of 14-24 year olds across the UK. The main conclusion of the current research is “(…) that when it comes to music and young people, everything is different, and yet everything is still the same”; compared to 2008 and 2009.
The key findings of the 2011 study are:
- The computer is no longer their main entertainment hub.
- Digital music collections are still huge.
- Digital music collections still contain 50 percent “free” music.
- Ownership is still important.
- Music is no longer the most popular entertainment type.
- There remains a very clear “value gap”.
- The popularity of file sharing has changed significantly.
- The 14-25 years olds are prepared to pay for digital music.
- But there are still challenges for streaming music online.
- Digital music consumption is still complex.
- They have a clear understanding and grasp of what copyright law is.
Please read further if you want to know more about the research results.