With the arrival of Apple Music, continued growth of Spotify, and a vinyl revival, it’s clear that the music business is in a state of flux. So how will the way we find, play and share music change in the future? In the first of two reports we see how Spotify and vinyl are shaping the industry.
Over 28 million people pay for a music subscription. The consumption of music has changed; Gen Y has experienced the rise of digital music downloads and the downfall of CDs. Bang & Olufsen is now aiming to streamline and personalise home listening with BeoSound Moment. But how?
Using data to cut through the noise, Next Big Sound is an analytics company that’s able to predict album sales with a degree of accuracy that’s never been seen before. Now, brands are getting in on the action, signing up to guarantee that the song they use on their next ad is a number one.
In March 2015, a little-known boutique music streaming service became the most talked about thing in the music press. Jay Z’s acquisition and relaunch of Tidal was met with ambivalence at best, ridicule at worst. Yet beyond the uproar, Tidal provides clues about how people like their music.
Every year, more than 6 million people attend live music events in the UK. Festivals are no longer about peace, love and LSD – they're commercial success stories. But have they kept any of their rebellious spirit, or are they just Instagram islands where anything goes?