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US recorded music revenues at an all-time high of $8.4 billion, up 9.3% year-on-year

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Total recorded music revenues in the US for the first half of 2023 grew 9.3% at estimated retail value, reaching an all-time first half high of $8.4 billion, according to statistics released by the Recording Industry Association of America (RIAA). This is also the ninth consecutive year of growth. 

Paid streaming subscriptions remained the strongest driver, accounting for 78% of streaming revenues, increasing by more than $550m. Over the past five years, the number of people paying for music...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

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Creative Industries

IFPI launches four new charts covering Egypt, Saudi Arabia, UAE and North Africa

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2 hours ago

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September 27, 2023

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Recorded music trade organisation the IFPI has launched four new streaming-based covering countries across the Middle East and North Africa (MENA) region. In each country it will be the first time ever that official rankings are being made available.

In addition to the Official MENA regional chart, the four new charts will be — the Official Egypt Chart, Official Saudi Arabia Chart, Official UAE Chart, and Official North Africa Chart (which covers Algeria, Morocco and Tunisia).

The fou...

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Creative Industries

Hollywood writers prepare to return to work as WGA Boards unanimously votes in favour of the agreement with the studios

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8 hours ago

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September 27, 2023

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The Writers' Guild of America's Negotiating Committee, the WGA West Board and WGA East Council all voted unanimously to recommend to their members to endorse the Memorandum of Agreement (MOA) with the Alliance of Motion Picture and Television Producers (AMPTP), which represent the Hollywood studios as well as Netflix and Amazon.

The three-year Minimum Basic Agreement (MBA) will now go to both guilds’ memberships for a ratification vote. The WGAW Board and WGAE Council also voted to lift the ...

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Audoo names Utopia Music’s Melanie Johnson as Chief Commercial Officer

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9 hours ago

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September 27, 2023

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London-based music and data technology company Audoo has appointed Melanie Johnson as Chief Commercial Officer (CCO). Based in London, she reports to CEO Ryan Edwards. She succeeds Will Mills as CCO.

Johnson joins from Utopia Music where she was VP of Partnerships. Prior to that she worked for Facebook. She is also a board trustee at Music Minds Matter and The Ivors Academy Trust.

Audoo's Melanie Johnson

“Mel’s stellar professional and personal reputation precedes her," said Audoo Fou...

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