All items tagged with music industry (18)

Audio Engineering Society Receives Technical Grammy Award Recognizing Outstanding Contributions to Recording

February 7, 2023 by Audio Engineering_Society

Audio Engineering Society Receives Technical Grammy Award Recognizing Outstanding Contributions to Recording

The Audio Engineering Society (AES) was presented with a prestigious Technical Grammy Award during Grammy Week 2023. Acting AES President Bruce Olson and AES President-Elect Leslie Gaston-Bird accepted the Special Merit Award on behalf of the Society during a ceremony held by the Recording Academy on Saturday, February 4, 2023, at the Wilshire Ebell Theatre in Los Angeles.

Musicube Introduces Next-Generation Music Discovery AI Technology

September 20, 2021 by audioXpress Staff

Musicube Introduces Next-Generation Music Discovery AI Technology

Musicube is a software company from Hamburg, Germany, working on advanced artificial intelligence (AI) solutions intended to solve a serious problem in the music industry. Its music discovery technology generates more than 500 metadata tags (moods, instruments, and more) for more than 47 million songs using its audio analysis AI, and is intended to solve the closed "preferences" playlist loop that most users experience from existing streaming services.

NAMM Announces NAMM Show's Return to Anaheim... in June 2022

September 9, 2021 by audioXpress Staff

NAMM Announces NAMM Show's Return to Anaheim... in June 2022

As more and more trade shows scheduled for the last quarter of 2021 are being cancelled (or should be), the industry is moving on and starting to plan for 2022. The National Association of Music Merchants (NAMM) announced that The NAMM Show, the annual “family reunion” of the global music, sound, and entertainment technology industry, will reconvene in Anaheim, California at the Anaheim Convention Center on June 3–5, 2022.

Shelter-At-Home to Generate New Consumer Patterns in Headphones and Home Audio

April 9, 2020 by audioXpress Staff

Shelter-At-Home to Generate New Consumer Patterns in Headphones and Home Audio

Parks Associates is predicting that headphones and earphones are likely to experience sales spikes with the world changing to Work at Home, Home Schooling, and Entertainment-In-Place. The company's research highlights the need for enhanced user experience to aid with device integration as audio market shifts from whole-room home theater systems to standalone connected devices. Podcast, music, and news consumption habits are also changing as a result of the current public health crisis with COVID-19.

Streaming Music Consumption Habits Change with Coronavirus Lockdown

April 8, 2020 by Futuresource Consulting

Streaming Music Consumption Habits Change with Coronavirus Lockdown

Streaming subscriptions remain the number one growth driver in the global music market, accounting for more than 70% of spend on music last year. Yet, as measures to halt the spread of COVID-19 begin to reshape the lives of consumers, music streaming is experiencing a temporary drop in consumption. No listening in the car, no commuting to work, and the need to share the home spaces with family members, limits personal music listening opportunities, Futuresource Consulting's research finds.

Audio Collaborative 2018: Music Market Outlook - Changes and Opportunities

December 20, 2018 by Joao Martins

Audio Collaborative 2018: Music Market Outlook - Changes and Opportunities

For this edition of The Audio Voice I am wrapping up the summaries I have been writing following the Audio Collaborative 2018 conference. The event dedicated to the latest audio trends was successfully promoted in London, UK, for the fifth consecutive year by market research firm Futuresource Consulting . I'll try to summarize some key content and add some context and perspective, this time focusing on the panels on trends and opportunities in the music market and the gaming sector.

The Analog Compact Music Cassette Is Making a Comeback!

November 22, 2018 by Joao Martins

The Analog Compact Music Cassette Is Making a Comeback!

As audioXpress reported back in October 2018, there's a company again surfing the analog wave trend, successfully selling new reel-to-reel tapes for audiophiles, studios, and archives, and it has now decided to offer new blank music cassettes and is making available bulk cassette tape for duplicators. RecordingTheMasters launched the new FOX C-60 Analog Compact Music Cassette in the retail market and audioXpress interviewed Jean-Luc Renou, CEO of Mulann at the recent Audio Engineering Society convention in New York to learn more.

Paid Music Streaming Subscriptions Will Hit 235 Million by the End of 2018

October 29, 2018 by Futuresource Consulting

Paid Music Streaming Subscriptions Will Hit 235 Million by the End of 2018

The Digital Media and Entertainment team at Futuresource Consulting published its latest Music Market Report revealing that music streaming services continue its ascendance globally. With the number of paid streaming subscriptions on track to reach 235 million worldwide by the end of 2018, Futuresource Consulting forecasts a significant decrease in music file download and the sales of CD's, as streaming services continue to expand its music catalog and worldwide coverage, actually increasing overall revenues for the music industry.

Smart Speakers Driving New Music Consumption Habits, Says New AudienceNet Study

October 10, 2018 by audioXpress Staff

Smart Speakers Driving New Music Consumption Habits, Says New AudienceNet Study

Music subscription services are gaining traction as the dominant way consumers listen to music, with smartphones and new devices, such as smart speakers, driving adoption of these services, especially among younger audiences. "Audiomonitor 2018: The Overall Music Listening Landscape," is a new report provided to the Music Business Association (Music Biz) from research firm AudienceNet. The report was based on a survey of a statistically and demographically representative sample of the US population (3000 participants, aged 16+).

Muzika Startup Wants to Revolutionize the Music Industry with Blockchain

August 6, 2018 by audioXpress Staff

Muzika Startup Wants to Revolutionize the Music Industry with Blockchain

Three young South Korean entrepreneurs with a track record of successful tech startups have announced a second venture: Muzika. Co-founders Inseo Chung, Sangmin Heo, and Jangwon Lee previously launched Mapiacompany, a music technology platform. Muzika will incorporate blockchain technology to build a music sharing platform that envisions a revolutionary token economy for music that allows fans to engage directly in the production, distribution, and consumption of music.

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