Streaming Made Up 80% of Music Industry Revenue in 2019, RIAA Says

Mostly unseen in the United States, music streaming company Tencent Music Entertainment continued to prove it’s a formidable force by improving revenues 34% to $3.65 billion (25.43 billion Renminbi) in 2019. Net income jumped 126.7% to $664 million.

It comes after venues across the country reported significant financial losses

While it is unlikely that Oasis will get back together anytime soon, a festival returning to Bolton for its second year could be the next best thing for fans of the Gallagher brothers.

Billie Eilish’s When We All Fall Asleep 2020 World Tour finally kicked off in Orlando, Fl. last night, where she debuted a video interlude featuring a spoken word verse addressing her body image in the public eye. Billie’s body has been a topic of much discussion given her signature wardrobe of baggy, full-body clothes, and as well as the fact that she was a minor until December 2019.

March is International Women’s Month, in which we recognize women everywhere and the advancements that have been made for female rights and representation. However, equity and balance in gender representation has a ways to go in both music and society at large.

MILAN — With Italy declaring a country-wide lockdown to try to stem the spread of the coronavirus, the country's live events sector has been brought to a standstill.On Monday, Prime Minister Giuseppe Conte ordered Italians to stay home and seek permission for essential travel. "No more nightlife," the prime minister said in a TV address.

It's feared that coronavirus could lead to event cancellations

By Matt Grobar

The music industry is fretting that Coachella will become the next coronavirus casualty.

The Pussycat Dolls have praised Jennifer Lopez for fighting ageism and creating a “new era” in music.

"Save room for us"... that's all Tinashe is asking for.

With more than 40,000 people signing a petition to cancel Austin’s upcoming South by Southwest (SXSW) festival and conference amid growing fears over coronavirus, a divide is emerging between major corporation participants ⁠-- which are dropping out daily ⁠-- and the community of showcasing artists and talent bookers, many of whom are crossing their fingers for things to go as planned. Texas

Taylor Swift has been named the best-selling international music act of 2019 in a report issued by IFPI, the organization that speaks for the music industry around the world. The honor reflects strong global sales for her seventh album, “Lover,” which was released in August. Swift’s last time topping the IFPI’s yearly top 10 was back in 2014, the year her blockbuster “1989” came out.

What do you get when you gather four former 90s boyband members? A brand new supergroup, of course.

A study just released by the RIAA shows bad and worse news for sectors of the recorded music business like physical media sales and digital downloads … but better and better news for streaming. And that’s the only news that matters when it comes to revenue for the music industry in the United States. Streaming grew 13% in 2019, from $9.8 billion to $11.1 billion in retail value, accounting for 79% of the overall pie.

New policy will replace free movement