The US Recorded Music Industry: On the Relations between Organization, Location, and Creativity in the Cultural Economy

1999 ◽  
Vol 31 (11) ◽  
pp. 1965-1984 ◽  
Author(s):  
A J Scott
Keyword(s):  
Music Industry ◽  
Cultural Economy ◽  
Recorded Music ◽  
The Us ◽  
Recorded Music Industry

E-commerce and the market structure of the recorded music industry

2016 ◽  
Vol 24 (9) ◽  
pp. 598-601 ◽  
Author(s):  
Marc Bourreau ◽  
Romain Lestage ◽  
François Moreau
Keyword(s):  
Market Structure ◽  
Music Industry ◽  
Recorded Music ◽  
Recorded Music Industry

scholarly journals The Relationship between Music Property and Degree of its Popularity in Spotify

2021 ◽  
Vol 13 ◽  
pp. 386-390
Author(s):  
Han Chen
Keyword(s):  
Music Industry ◽  
Global Scale ◽  
Economic Potential ◽  
Recorded Music ◽  
Music Market ◽  
Recorded Music Industry ◽  
The Relationship

The global recorded music market grew by 7.4% in 2020, the sixth consecutive year of growth, according to IFPI, the organization that represents the recorded music industry worldwide. Figures released today in IFPI’s Global Music Report show total revenues for 2020 were US$21.6 billion. Growth was driven by streaming, especially by paid subscription streaming revenues, which increased by 18.5%. There were 443 million users of paid subscription accounts at the end of 2020. Total streaming (including both paid subscription and advertising-supported) grew 19.9% and reached $13.4 billion, or 62.1% of total global recorded music revenues. The growth in streaming revenues more than offset the decline in other formats’ revenues, including physical revenues which declined 4.7%; and revenues from performance rights which declined 10.1% – largely as a result of the COVID-19 pandemic. As we have seen, the music market has a huge economic potential on a global scale, then I want to use 40,000 of data in Spotify to analysis people’s average hobbies and build a simple persona.

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