Vinyl Records Market to Grow by USD 857.2 Million (2025-2029)
The global vinyl records market size is estimated to grow by USD 857.2 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 9.3% during the forecast period. Aesthetic appeal of vinyl records is driving market growth, with a trend towards promoting vinyl records as special editions/deluxe product. Vinyl records are making a comeback in the music industry, with music collectors and audiophiles leading the charge. PVC discs, also known as vinyl records or phonograph records, offer analog sound quality that music lovers appreciate. DJs use vinyl records for their sets due to the unique aesthetic appeal and the tactile experience. Viryl Technologies and other companies are innovating with smart turntables and Metallic resins for improved durability. Singles vinyl records are popular among collectors, while musicians and record labels release exclusive songs on vinyl. The market for vinyl records is growing, with music streaming sources and digital music formats co-existing. Music labels and record shops are capitalizing on the trend by offering promotional events and limited edition releases. Music aficionados continue to enjoy the record experience, with the aesthetic appeal of vinyl records adding to the overall enjoyment of listening to music.
Apple Music Statistics By Demographics, Revenue, Users and Facts
Apple Music Statistics: Apple Music was launched on June 30, 2015, and quickly gained popularity with support from many artists. In the same year, the platform reached over 11 million subscribers. Since then, Apple Music has grown to become a major player in the music streaming world, with over 90 million subscribers worldwide. This impressive number shows how popular and influential the platform has become.
In recent years, Apple Music has experienced steady growth, with a 15% increase in subscribers over the past year. This rise in subscribers highlights the platform’s continued success and its ability to attract and keep users, even in a competitive market.
Looking at Apple Music’s growth, it’s clear that the service plays a key role in shaping music industry trends and is important for market research and planning. We shall shed more light on Apple Music Statistics through this article.
Will SESAC Sell in 2025? Blackstone Reportedly Entertains Private Equity Offers Following BMI Sale
Is a SESAC sale in the cards for 2025? Possibly, as Blackstone is reportedly fielding private equity offers for the PRO.
That potential sale just recently entered the media spotlight, following New Mountain Capital’s purchase of BMI last year. Closer to 2024’s conclusion, Hellman & Friedman reportedly moved to scoop up a majority interest in Irving Azoff’s Global Music Rights (GMR) at a $3.3 billion valuation.
At least as described by Billboard, the GMR investment set the stage for multiple private equities to contact Blackstone exploring a deal for SESAC. To be sure, these prospective purchasers include several parties that unsuccessfully maneuvered to score a stake in GMR, per the mentioned source.
Furthermore, Blackstone is reportedly being selective in shopping the PRO – seemingly discussing terms with the same private equities that reached out as opposed to contacting others directly.
Of course, time will tell whether a sale comes to fruition, which price tag the transaction carries, and precisely which assets are included.
Spotify has been filling your recommendations with fake artists and music it barely pays for, according to in-depth report
Who makes the music you're streaming? On some Spotify playlists it might not be who you think. A bombshell new report in Harper's magazine says that a program called Perfect Fit Content, PFC for short, is stuffing some playlists with cheaply produced content.
The report goes into great detail, but here's the short version: rather than give individual artists some much-needed exposure in some playlists, Spotify is buying in music from production companies who effectively make musical wallpaper. It's music that's designed specifically to sound quite like other people's music and to cost Spotify as little as possible. And then Spotify's own employees are giving that music undue prominence in playlists at the expense of other artists.
What Spotify Is Really Costing Us
Like countless other people around the globe, I stream music, and like more than six hundred million of them I mainly use Spotify. Streaming currently accounts for about eighty per cent of the American recording industry’s revenue, and in recent years Spotify’s health is often consulted as a measure for the health of the music business over all. Last spring, the International Federation of the Phonographic Industry reported global revenues of $28.6 billion, making for the ninth straight year of growth. All of this was unimaginable in the two-thousands, when the major record labels appeared poorly equipped to deal with piracy and the so-called death of physical media. On the consumer side, the story looks even rosier. Adjusted for inflation, a monthly subscription to an audio streaming service, allowing convenient access to a sizable chunk of the history of recorded music, costs much less than a single album once did. It can seem too good to be true.
From 2023 to 2024, Spotify announced new revenue highs, with estimates that the company is worth more than Universal and Warner combined. During the same period, its C.E.O., Daniel Ek, cashed out three hundred and forty million dollars in stock; his net worth, which fluctuates but is well into the billions, is thought to make him richer than any musician in history. Music has always been a perilous, impractical pursuit, and even sympathetic fans hope for the best value for their dollar. But if you think too deeply about what you’re paying for, and who benefits, the streaming economy can seem awfully crooked.
Spotify has been filling your recommendations with fake artists and music it barely pays for, according to in-depth report
Who makes the music you're streaming? On some Spotify playlists it might not be who you think. A bombshell new report in Harper's magazine says that a program called Perfect Fit Content, PFC for short, is stuffing some playlists with cheaply produced content.
The report goes into great detail, but here's the short version: rather than give individual artists some much-needed exposure in some playlists, Spotify is buying in music from production companies who effectively make musical wallpaper. It's music that's designed specifically to sound quite like other people's music and to cost Spotify as little as possible. And then Spotify's own employees are giving that music undue prominence in playlists at the expense of other artists.
Universal Music Group and Amazon Music Expand Global Partnership
Universal Music Group (UMG), the world’s leader in music-based entertainment, and Amazon Music have announced an expanded global relationship aimed at driving innovation, exclusive content, and a commitment to artist protection. This new collaboration, unveiled today, marks a significant step forward in enhancing the streaming experience while addressing critical issues such as fraud protection and safeguarding human artistry.
The partnership between UMG and Amazon Music reflects a shared vision of advancing the commercial potential of UMG’s artists through enhanced product offerings and exclusive content. These developments are designed to foster deeper, more authentic engagement between artists and fans and to further protect artist rights in an ever-evolving digital landscape.
UMG and Amazon Music will work closely on a range of new opportunities, including advancements in audiobooks, audio-visual programming, and live-streamed content. The companies also plan to address the growing challenges surrounding artificial intelligence (AI) and its potential to generate unlawful content. By working collaboratively, the two giants aim to combat fraud, protect artist identities, and ensure proper attribution.
SiriusXM Shares Are Down More Than 60% YTD
SiriusXM stock has fallen more than 60% over the past year, but Warren Buffett’s Berkshire Hathaway has continued snapping up shares at the discounted price. Other hedge funds are joining in as SiriusXM re-focuses on its auto-listening segment.
Quarterly revenue for SiriusXM rose sharply for several years before the COVID pandemic. But sales for the satellite radio outfit peaked in late 2021 and have remained stagnant or declining since. More and more audio listeners are turning to digital service providers (DSPs) like Spotify, YouTube Music, and Apple Music. SiriusXM acquired Pandora in 2019 in an attempt to break into the streaming segment, but the company still relies on SiriusXM subscribers for 70% of its total revenue. Subscription revenue has not been reliable over the last five years and in Q3 2024, subscriber revenue fell 5% to 33.2 million. That’s around 800,000 fewer subscribers than reported at year-end 2021.
TikTok will take its case to the Supreme Court
The Supreme Court agreed to hear arguments on whether a bill that could ban TikTok violates the First Amendment. The arguments will take place on January 10th, just over a week before a potential ban could take effect.
While the outcome is far from guaranteed, SCOTUS’ decision to take up the case is a small win for TikTok, which is barreling toward expulsion from the US unless the court throws out or pauses the law, or its China-based parent company ByteDance agrees to sell it in time. The law at the center of the case, the Protecting Americans from Foreign Adversary Controlled Applications Act, seeks to prohibit apps like TikTok from being owned by companies in a set list of foreign adversary countries.
SiriusXM Shake-Up: $200M in Cost Cuts, Pivot Away From Streaming
SiriusXM has appointed a new chief operating officer and laid out a new strategic vision that includes a greater focus on cost efficiencies and on its car subscription business.
The company will target an initial incremental $200 million of annualized savings as it exits 2025, according to a press release Tuesday, after delivering about $350 million of run rate savings in 2023 and 2024. This effort comes as the satellite radio giant faces “marketplace headwinds.” “As 90% of SiriusXM’s subscribers have the service embedded in-car today, the company is focusing its resources on increasing retention and capturing additional growth opportunities within this valuable segment that underpins its scaled subscriber base,” the press release states.
TikTok CEO Meets With Trump, Company Petitions for Emergency Supreme Court Review as January 19th Ban Deadline Nears
As its U.S. fate hangs in the balance – and moments following a meeting between its CEO and President-elect Trump – TikTok is now petitioning the Supreme Court for an emergency injunction pending review.
ByteDance-owned TikTok made the emergency injunction push official yesterday, after an appellate panel upheld the relevant law closer to December’s beginning. As most are well aware (and as we’ve covered in detail), that law will result in TikTok’s stateside shutdown on January 19th unless the platform sells or the president extends the deadline by 90 days. On the former front, TikTok and its parent have long criticized the prospect of selling as (among other things) unworkable from an operational perspective. With just 33 days until the cutoff, the position, on top of free-speech arguments and more, certainly hasn’t changed. In its petition for an emergency injunction and review from the Supreme Court, TikTok off the bat criticized the appropriate measure as “a massive and unprecedented speech restriction.”
Furthermore, allowing TikTok to go dark in the States – Congress has already notified Google and Apple to begin preparing for the removal from their app stores – would drive “substantial and unrecoverable monetary and competitive harms,” per the petition.
