what is the current state of the music industry?
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The numbers for 2018 show that the industry is continuing on the growth path that started in 2016 after an 11-year slump: Overall growth was 13% over last year to $9.8 billion—off slightly from 2017's 17% growth over 2016 but healthy nonetheless. Recorded music revenues, 2012-2018, $millions.
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Apple Music is available in iTunes, and for iOS and Android devices. $4.99/mo.
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5%. Target is said to be considering the same decision. This doesn't mean that CDs as a format will simply go away, but the writing is on the wall. Ironically, vinyl has made a comeback in recent years, but only makes up a small percentage of music sold.
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Education and Training Formal music training is advisable and producers usually have practical work experience, sometimes supported by qualifications in music and/or sound engineering. Relevant (but not essential) qualifications relating to the music industry include: Level 3 BTEC National Diploma in music technology.
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Muzak is still around today, but as elevator music's popularity has waned, the company has shifted its focus. Although it still offers the “classic” elevator music to the few customers who want it, most of Muzak's programming now comes from its library of millions of commercially recorded songs.
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According to CNBC, artists can expect to earn between $0.006 to $0.0084 per stream to the holder of music rights. However, according to some data from Information is Beautiful, it puts that number even lower at $0.00437 per play. So doing the math, a 1000 streams would translate to roughly $4.37.
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CD sales have been declining in the US ever since, but they're still selling well over a hundred million per year. Clearly record companies continue to make CDs because there's one heck of a consumer demand. ... It turns out people just like CDs, despite the ready availability of digital music.
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Depends on the use-case, its not really the same. Spotify offers streaming access to most major artists and independent and unsigned artists, while SoundCloud offers streaming of mostly independent and unsigned artists and very few artists from major companies.
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Forget Selling Albums — Artists Can Now Go Platinum Via Streaming. Rihanna, posing with the art for her Anti album in October 2015. Once upon a time, an artist actually had to sell albums to earn gold or platinum awards from the Recording Industry Association of America (RIAA).
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Absolutely Not, But Here's Why. There's been a pretty major feud between two rappers going on for a while now, but it's recently bubbled over into dangerously public territory. I'm talking about Eminem and Machine Gun Kelly and the rather intense back-and-forth shade the world has been seeing from the two artists.
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One of the best free to download music apps around. ... NOW Music is a family-friendly app that gives you access to your top tunes anywhere, at any time. Make memories with family and friends and create unique playlists just for you with all your favourite artists, songs and albums.
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Availability. As popularity grew, EDM music has become more readily available no matter where you're located. This makes it more attainable for the general public to enjoy. Not only that, but they're accessible to venues to book almost readily and artists tend to be far more down to earth and easy to work with.
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Now, after many years away, Geffen Records is officially back in business. The company announced its resurrection via Billboard this morning, revealing a new leader and what already feels like a renewed energy. Over the years, Geffen has been home to many great artists from a wide array of genres.
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Apple confirmed the end of an era on Monday — no more iTunes. The music store available for years on iPods and iPhones has been overshadowed by streaming services, like the company's own Apple Music, and it will soon be phased out, Apple announced at its Worldwide Developers Conference (WWDC) on Monday.
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Producers are musicians. The modern day dance music producer is basically a music composer. djs May or May not be musicians.
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We are ASCAP. We are a professional organization of 750,000 songwriters, composers and music publishers, owned and run by its members, and the world leader in performance royalties, advocacy and service for music creators.
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The number of people attending festivals each year has been growing at a considerable rate for many years now. Research conducted by Mintel found that Britain is officially a nation of partygoers with over a quarter (26%) of UK adults attending a music festival from May 2018 to May 2019.