What Germany, Spain & Japan’s 2024 Recorded Music Reports Tell Us About Global Revenue

Glenn Peoples

Germany, Spain and Japan released their 2024 recorded music revenue reports. Here's an analysis of what they say about the state of streaming & sales.

Addded Mar 3, 2025

music

Billboard

50 Best Rock Love Songs

Katie Bain, Eric Renner Brown, Anna Chan, Frank DiGiacomo, Thom Duffy, Jason Lipshutz, Joe Lynch, Rebecca Milzoff, Glenn Peoples, Isabela Raygoza & Andrew Unterberger

The 50 best rock love songs of all time, decided by Billboard's editorial staff.

Addded Feb 11, 2025

music

Billboard

Subscription Music Dominates More Than Ever. Should Advertising Do More?

Glenn Peoples

More than three out of every five dollars earned by U.S. record labels in the first half of 2024 came from premium subscription services.

Addded Sep 3, 2024

music

Billboard

Music Companies Are Running Into Wall Street’s High Expectations

Glenn Peoples

UMG and other music company stocks are down in 2024, but why? They're running into Wall Street's high expectations and fallen short on some metrics.

Addded Aug 19, 2024

music

Billboard

Jane’s Addiction’s Perry Farrell on New Music, the Band’s Infighting and a Path to Redemption

Glenn Peoples

Perry Farrell talks to Billboard's 'Behind the Setlist' podcast about working with Jane's Addiction, infighting among band members and new music.

Addded Aug 13, 2024

music

Billboard

How Layoffs Are Showing Up in Music Companies’ Earnings Reports

Glenn Peoples

Music company layoffs are showing up in earnings reports, which demonstrate that companies that cut costs had better margins and profitability.

Addded Aug 5, 2024

music

Billboard

What if Streaming Royalties Favored Listening to Songs in their Entirety?

Glenn Peoples

What if streaming royalties favored listening to full songs? Former Spotify economist Will Page proposes rewarding songs that keep people listening.

Addded Jul 29, 2024

music tech

Billboard

Record Labels Have Tried to Get a Radio Performance Right for Decades. Is Anything Different This Time?

Glenn Peoples

The radio performance royalty fight has failed for years. What's new now? Market conditions have changed and lawmakers sound more frustrated.

Addded Jun 30, 2024

music

Billboard

Spotify Waited Years to Roll Out High-Definition Audio. The Delay Just Might Pay Off

Glenn Peoples

Spotify's HiFi audio delay might pay off, as there are now more people willing to pay more for premium audio than when the plan was first announced.

Addded Jun 14, 2024

music tech

Billboard

What Are Live Nation and Ticketmaster Worth if Broken Up?

Glenn Peoples

Live Nation and Ticketmaster: What are they worth if broken up? Analysts make estimates but doubt the companies will be forced to separate.

Addded Jun 7, 2024

music

Billboard

As Subscription Streaming Dominates Revenues, Free Music Is Coming Under Pressure

Glenn Peoples

Recent comments by Sony Music CEO Rob Stringer underscore the importance of subscriptions as free, ad-supported services lag in value creation.

Addded May 31, 2024

music

Billboard

Music Companies Are Asking Superfans to Spend More -- But Can They Afford To?

Glenn Peoples

Record labels wants superfans to spend more, but consumer debt is up and many young people are planning to reduce their spending in 2024.

Addded Apr 15, 2024

music

Billboard

Overnight Success Is Very Rare in Music -- And There’s Data to Prove It

Glenn Peoples

Music business success takes time, data shows. A report from Chartmetric shows the long odds of going from undiscovered to mainstream in one leap.

Addded Feb 12, 2024

music

Billboard

Billboard 2024 Power 100

Hannah Karp, Melinda Newman, Dan Rys, Elias Leight, Steve Knopper, Frank DiGiacomo, Kristin Robinson, Glenn Peoples, Jessica Nicholson, Eric Renner Brown, Leila Cobo, Gail Mitchell, Taylor Mims, Jessica Roiz & Paul Grein

Billboard's Power 100 list, its annual ranking of the music industry's top executives, is here. See where Taylor Swift ranks on the Billboard Power 100 list of industry players.

Addded Feb 1, 2024

music

Billboard

Taylor Swift Grossed Almost $2B This Year From Her Music, Movie, Touring and Concert Merchandise

Glenn Peoples

Taylor Swift earned almost $2 billion this year in gross profit from her music, movie and touring, Billboard estimates.

Addded Dec 13, 2023

music

Billboard

Spotify’s Decision to Lay Off 17% of Its Workforce Examined in 6 Graphs

Glenn Peoples

CEO Daniel Ek wants Spotify to become "relentlessly resourceful." The company's financial results showed it was becoming less efficient as it led the music industry's renais...

Addded Dec 8, 2023

music tech

Billboard

The 500 Best Pop Songs

Rania Aniftos, Katie Atkinson, Katie Bain, Anna Chan, Ed Christman, Hannah Dailey, Stephen Daw, Kyle Denis, Frank DiGiacomo, Thom Duffy, Chris Eggertsen, Ingrid Fajardo, Griselda Flores, Josh Glicksman, Quincy Green, Paul Grein, Lyndsey Havens, Rylee Johnston, Becky Kaminsky, Gil Kaufman, Carl Lamarre, Elias Leight, Jason Lipshutz, Joe Lynch, Meghan Mahar, Elizabeth Dilts Marshall, Rebecca Milzoff, Taylor Mims, Gail Mitchell, Melinda Newman, Jessica Nicholson, Danielle Pascual, Glenn Peoples, Isabela Raygoza, Eric Renner Brown, Kristin Robinson, Dan Rys, Marc Schneider, Andrew Unterberger & Christine Werthman

In celebration of the Billboard Hot 100’s 65th anniversary, check out the Billboard staff’s ranked picks for the 500 best pop songs that have graced the chart since 1958.

Addded Oct 17, 2023

music

Billboard

Ticketing Company Dice Raises $65 Million From MUSIC, Ahdritz Holding, Others

Glenn Peoples

Kobalt Music founder Willard Ahdritz's Ahdritz Holding LLC, Exor Ventures and Mirabaud Lifestyle Fund also participated in the funding round.

Addded Aug 24, 2023

media music

Billboard

R&B/Hip-Hop Power Players: Billboard’s 2023 List of Executives Revealed

Honoring the executives setting the bar throughout the genres -- is led by Gamma founder Larry Jackson.

Addded Aug 8, 2023

music

Billboard

Why Goldman Sachs Revised Its Forecasts for Music’s Future

Glenn Peoples

The closely watched Goldman Sachs “Music in the Air” report lowered previous forecasts for recorded music and streaming revenue.

Addded Jun 30, 2023

music

Billboard

Music Piracy Is Still a Problem -- But It’s a Manageable One

Glenn Peoples

While TV/film continues to struggle with piracy, for music it’s hardly the problem it once was thanks to the industry’s approach to streaming.

Addded Jun 12, 2023

music

Billboard

The U.S. Recorded Music Business Is Surging -- Can It Return to Double-Digit Revenue Growth in 2023?

Glenn Peoples

Thanks to a higher streaming growth rate and hits from artists like Taylor Swift and Morgan Wallen, consumption was up 13.8% in the first 20 weeks of the year.

Addded Jun 5, 2023

music

Billboard

Blockbuster Ticket Sales Are Expected to Continue Through 2023 -- and Beyond

Glenn Peoples

Top executives at public touring and ticket companies have been saying post-pandemic demand remains strong and isn’t showing signs of letting up.

Addded May 31, 2023

music

Billboard

Audacy’s Stock Delisting Can’t Be Blamed on a Soft Advertising Market Alone

Glenn Peoples

Newly delisted from the New York Stock Exchange, the radio giant’s problems also stem from debt taken on following its 2017 merger with CBS Radio.

Addded May 22, 2023

media music

Billboard

K-Pop Stocks Soar on Quarterly Earnings, Strong Growth

Glenn Peoples

Share prices for HYBE, SM Entertainment, YG Entertainment and JYP Entertainment have increased by an average of 75% year to date.

Addded May 18, 2023

music

Billboard

Warner Music Group Is Already Showing Signs of a Second Half Rebound

Glenn Peoples

Executives say a soft release schedule dampened revenue growth in the last two quarters. Data suggests the next two quarters will be better.

Addded May 13, 2023

music

Billboard

Korean Music Companies Are Exporting More Than K-Pop: How They’re Changing the Global Music Business

Glenn Peoples

The next step in K-pop’s growth may lie not in music itself, but in exporting K-pop’s disciplined development, production and promotion model.

Addded Apr 24, 2023

music

Billboard

Is There Money in Metadata?

Glenn Peoples

By improving the descriptive data underlying music, streaming services can provide a better user experience and grow the average subscriber’s lifetime value.

Addded Apr 8, 2023

music

Billboard

The Case For -- and Against -- Higher Streaming Subscription Prices

Glenn Peoples

JPMorgan Chase analysts estimate a Spotify rate increase for U.S. individual plans would create incremental annual revenue of about $200 million.

Addded Apr 6, 2023

music tech

Billboard

Why Apple’s Classical Streaming Service Is a Good Sign for the Music Subscription Business

Glenn Peoples

Catering to classical music fans required building an entirely new product - and reimagining how music streaming works.

Addded Mar 31, 2023

music tech

Billboard

Warner Music Group Layoffs to Save $50M Annually

Glenn Peoples

Warner also expects its margins to improve with a “financial transformation program” as well as the market’s shift to higher-margin digital music.

Addded Mar 30, 2023

music

Billboard

Hidden Concert Ticket Fees Would Be Banned Under New Senate Bill

Glenn Peoples

“Concealed surprise fees - nickel and diming Americans to distraction - must be stopped,” says Sen. Richard Blumenthal, who’s co-sponsoring the Junk Fee Protection Act.

Addded Mar 23, 2023

music

Billboard

Spotify Isn’t Supporting 1M Creators Yet -- But It’s Working on It

Glenn Peoples

In 2022, a quarter of the 57,000 artists who earned $10,000 or more in royalties from Spotify in 2022 are self-distributed.

Addded Mar 17, 2023

music tech

Billboard

With K-Pop ‘in Crisis,’ Hybe Is Focused on Global Expansion Beyond the Genre

Glenn Peoples

Chairman Bang Si-hyuk says Hybe must have a “sense of urgency” in efforts to grow outside its home country.

Addded Mar 16, 2023

music

Billboard

What Kind of Advantage Do Longer Albums Have in the Streaming Age?

Glenn Peoples

With fans able to stream an unlimited amount of music for a fixed price, it behooves artists to pad the length of their latest releases.

Addded Mar 16, 2023

music

Billboard

Believe Revenues Grew 32% in 2022 as Investments in Europe & Asia Yielded Results

Glenn Peoples

Annual revenues for the French music company increased to 760.8 million euros ($723.5 million) last year.

Addded Mar 15, 2023

music

Billboard

Why Stephen Cooper Chose Web3 for His First Move After Warner Music

Glenn Peoples

Amid growing skepticism around NFTs, Cooper and OneOf CEO Lin Dai explain why artists “are far better off embracing than rejecting” the new paradigm.

Addded Mar 14, 2023

music tech

Billboard

U.S. Recorded Music Growth Slowed to a Crawl in 2022

Glenn Peoples

In terms of both dollar and percentage increases, last year’s growth was the lowest since 2016.

Addded Mar 11, 2023

music

Billboard

HYBE v. Kakao: SM Entertainment Shareholders Weigh K-Pop Powerhouse’s Future

Glenn Peoples

The companies are wrestling for control of SM with competing board slates at the March 31 annual meeting in Seoul.

Addded Mar 8, 2023

music

Billboard

Are Older Listeners the Key to Unlocking Streaming’s Growth Potential?

Glenn Peoples

The often overlooked 55-and-over age group’s monthly online listening rate stands at just 53%, leaving lots of room to expand that audience.

Addded Mar 4, 2023

music