5 common Music Marketing MistakesA look at common music marketing mistakes and many misconceptions that are holding musicians and the people that help market them back. by CRISTINA CANO of CD Baby’s DIY Musicians. Continue reading
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5 free and affordable tools for independent musiciansThese five tools have been proven by users to be integral in a successful independent music career. Keep reading to see how they can help you. By Sara-Lena Probst of BlackbirdPunk. Continue reading
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Spotify tests AI playlist cover art toolSpotify is testing a tool that uses AI to enable users to create custom artwork for playlists on the streaming platform. Spotify’s new tool, AI Playlist Art, analyzes a playlist. Continue reading
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European Parliament working on music streaming market reportArtists' remuneration from music streaming expected to “dominate” the study, reports Politico
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Spotify sold music creation app Soundtrap back to its ownersSpotify has sold the music creation app Soundtrap back to its founders Per Emanuelsson and Bjorn Melinder a little more than 5 years after the streamer bought it for what. Continue reading
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Chartmetrics relaunches free OneSheet artist EPKsMusic data and analytics firm Chartmetric debuted it’s recently relaunched OneSheet program at the Music Biz in Nashville, after acquiring the startup last year. By David Benjamin De Cristofaro To create. Continue reading
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#Musicians: How to get the most out of your failuresSome failures may feel like setbacks when they can actually be the opposite. Here’s how to learn better from your mistakes for a more successful future. By Noa Kageyama, Ph.D. Continue reading
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How remixes can revive old tracksSome songs just need a few tweaks and a new beat to top the charts again. Bobby Owsinski of Music 3.0 looks at the phenomenon and how to take advantage. Continue reading
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Social platforms are becoming one-stop-shop for all entertainment [MIDiA]Social platforms are working to cover all the bases for all forms of entertainment. What does that mean for music and the music industry? by Hanna Kahlert of MIDiA Research Social. Continue reading
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Chartmetric relaunches free OneSheet EPKs for musiciansChartmetric has relaunched OneSheet, a simple-to-create, graphically pleasing, data-driven electronic promotional one-sheet for musicians. Chartmetric acquired the EPK startup last year. How One Sheet Works OneSheet automatically pulls stats from. Continue reading
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‘Irresponsible and offensive’: NMPA’s David Israelite does not like IMPALA’s new report on the ‘music streaming pie’. At all.Publishers' association chief calls report questioning slices of revenue pie "irresponsible and offensive"
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The global dance music industry grew by 34% in 2022Last week I was the International Music Summit in Ibiza, the annual music industry business event. This year MIDiA compiled the annual IMS Music Business Report and I presented the findings at the opening of the event. The full report is available here for download and you can view a video of the presentation here. Here are some of the key findings of the report.

The dance music industry has long been among the first music genres to be shaped by emerging technologies, not least because technology plays such an integral role in the production and performance of dance music. This has helped ensure that dance music has ridden the waves of music industry change. But it has also always been a genre built around performance, DJing especially. So when the pandemic came, dance music felt the impact particularly keenly, with festivals, clubs and bars all being hard hit. 2020 and 2021 were thus fallow years for dance music revenues, years in which DJs struggled to perform and the global industry looked much more towards its other revenue streams. With the global opening up of 2022, the dance music industry not only grew, but ended up bigger than pre-pandemic, pointing to the growing cultural reach and impact that dance music has in today’s global music business.

All of the key elements of the dance music business were up in 2022:

Recorded music up 11% to $1.5 billion

Publishing up 22% to $0.4 billion

Music hardware, software, sounds and services up 4% to $2.8 billion

Live up 78% to $4.5 billion

The result was that the total revenue of the global dance music industry rose 34% in 2022 to hit $10.2 billion. 

Hardware and software

Music hardware, software, sounds and services represents one of dance music’s super powers. Dance music producers have always relied on these tools, but now they are becoming the mainstay of the wider music creator economy. With music software used more across all genres, dance music sounds and techniques will influence all genres

Skills sharing and learning grew fastest, and it was worth $108 million in 2022. Plus, demand will increase still, due to fast evolving production techniques and new software

This will be a long-term growth area for dance music, with producers constantly seeking to upskill to the fast changing world of music production tech and techniques

Live

In live, Ibiza club ticketing revenue reached €124 million in 2022, up 55% from the €80 million registered in 2019. This was underpinned by increases in the number of events per venue, average ticket prices, and the total number of tickets sold going from 2 million in 2019 to 2.5 million in 2022

Globally, the top 100 DJs saw their 2022 bookings grow by around threefold on the pandemic hit 2021, though male DJs grew bookings more than half faster than their female counterparts. Female DJs represented 15% of all top 100 DJ bookings in 2022. Building popularity and getting bookings is a virtuous circle, but if female DJs are losing share of bookings to male counterparts, then the virtuous circle becomes a vicious circle.

A bright, diversified future

Finally, the dance music industry has shaken off the effects of the pandemic, coming out the other side, bigger, better, stronger and more relevant than ever. The pandemic shone a harsh light on the industry’s heavy-reliance on live. Now, that reliance is even higher because of live’s huge growth. There are two key differences from 2019: 1) a resurgent creator tools sector; and 2) a music publishing business that is finally beginning to find its share. The future is bright, with the rise of creator culture, bringing ever more people into dance music, both as fans and creators, with the creator-fan set to be at the centre of tomorrow’s dance music world.

Music, AI & the Metaverse ‘offer limitless possibilities’The potential for AI to disrupt music is the topic de jour, but add the Metaverse to the mix, and the possibilities become even more mind-boggling. Guest post by Eric. Continue reading
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Music Investing Goes Mainstream: Why opportunities for Artists and Investors are set to explodeFounder and CEO of Marination Music, Justin Longo, shines light on a new way to add stability to musician incomes as well as build a closer bond between artists and. Continue reading
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QUICK HITS: Duetti • Gibson • PIXELYNX • Blackbird StudioDuetti, the new music financing platform founded by ex-TIDAL and Apple Music execs Lior Tibon and Chris Nolte has launched with $32M in funding. The Fin-tech platform gives artists at. Continue reading
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