Vanessa Bakewell’s Post

For every £10 spent in a live music venue £17 is generated for the local economy, according to stats included in the recent Manifesto for Music. Among other recommendations, this manifesto from UK Music Ltd makes the case for music spaces to be protected; something I couldn’t agree more with. My overriding thought is that the government and the music industry still need to give artists the power and recognition they deserve. The UK’s music scene needs to be overhauled and artists’ rights should be front and centre. Only then will we have an industry that really does help creatives to produce and perform music. We give artists that platform at no cost at GigPig, enabling them to play live music daily in thousands of venues. Why? Because they are the staple of a vibrant, amazing music scene which we need here in the UK. Let’s open all doors possible to make it easier for all to succeed! https://lnkd.in/egTwtDyB 

IFPI global report finds we’re listening to more music in more ways than ever before: Today, IFPI, the organization representing the recording industry worldwide, released Engaging with Music 2023, its global report examining how people around the world discover, listen to and feel about music. Based on the responses of more than 43,000 people across 26 countries including Canada, the report serves as a snapshot of the importance of music […] The post IFPI global report finds we’re listening to more music in more ways than ever before appeared first on Music Canada. http://dlvr.it/T1h8Lh #MusicCanada #Music #MusicHeals

Vincent Donato and Robert Boundy discussed the current state of the music industry, including the growing influence of major labels and distributors, the challenges of booking live music shows, and the impact of algorithm changes on artists' reach. They also discussed the various challenges and opportunities faced by independent bands and festivals, and shared their insights on how to succeed in the industry in the digital age. Both speakers emphasized the need for more support and responsible administration to ensure the survival of independent bands and festivals. https://lnkd.in/gdzzJb-h

Get the latest industry updates about the types of royalties your music clients should be collecting and the various societies and organizations that collect them. Ryan Lehning, Kris Ahrend, James Leach, Michael Peters, and Matthew Hurewitz go over recent developments in tracking, collecting, and paying the various types of music royalties, and what issues and challenges the various societies are facing. Watch "Music Royalty Update " here: https://bit.ly/3Nlask8

A literal pub quiz for you today 🍻 🤔 Can you guess correctly? We all know that live music in pubs & bars is good for business. 🎸🍺📈💰 But just how good is it? PRS for Music carried out some great research on the impact of live music on bar spend, and calculated the average sales uplift for bars featuring live music at the weekend. 🧮 194 music and non-music venues were sampled, with sales data being compared to a broader sample of 5,500 venues. The answer is somewhere between 0% and 200%. Comment below with your guess (no cheating!) and I'll reveal the answer on Monday. Closest answer wins a £50 Encore voucher to spend on live music.

Currently, I am running two campaigns to investigate the issue of accessibility to music by Bw DJs. This has always been a problem in the past, according to promoters, They suggest that local DJs should be playing more local music, thereby creating demand . On the other hand, DJs claim they do not have access to the music. To test my theory, I conducted another campaign with international DJs and I am eager to share the results this Friday. And do my own analysis but by far Things are interesting

The Evolution of the Music Industry: 50 Years of Revenues by Format In the ever-changing world of music, 2022 marked yet another milestone. For the seventh consecutive year, recorded music revenues in the United States soared to a record high of $15.9 billion. This remarkable growth can be attributed to various shifts in the music industry over the past half-century. In this blog post, we'll take a closer look at the evolving landscape of music industry revenues by format. Read the full article here: https://lnkd.in/eJjMhtBe

Unlock your musical journey with the latest insights! 🚀 Dive into our new blog on "The Best Online Music Platforms for Independent Artists" and discover how to boost your music career. 🎵🌐 https://lnkd.in/e6WVmzqf #MusicPlatforms #IndependentArtists #MusicSuccess 🎶📈

A graph from the report provides a clear overview of the changing revenue make up of the recorded music industry over the past two decades. GLOBAL RECORDED MUSIC INDUSTRY REVENUES 1999 - 2022 (US$ BILLIONS) Credits: IFPI Global music report.

The IFPI Global Music Report 2024, the definitive guide to the global recorded music industry, is out now. Digital and physical revenue rises again in 2023: More than 500 million paid streaming subscriptions for the first time and 13.4% growth in the physical business Find out how the partnership between record company and artist continues to define and shape music in all its extraordinary forms around the world. Dimitris C. Giarmenitis