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As well as economic data on the music industry, This Is Music 2023 offers an analysis of 2022, emerging trends in 2023, and case studies – including one from Glass Animals’ manager. Read This Is Music 2023 here. Read the methodology here.
- Breakthrough 100: Chartmetric Artists with Career-Defining Moments
- Viral 25: Chartmetric Tracks That Went Off
- 2022 Music Industry Trends and 2023 Predictions
- Appendix
Our Breakthrough 100 represents emerging artists who were previously Undiscovered, breaking artists who were previously Developing, rising artists who were previously Mid-Level, and artists entering the stratosphere after enjoying Mainstream success. To compile this list, we scanned our database for artists who started July 2022 at Undiscovered, De...
Our Viral 25 represents tracks that trended across multiple platforms, from TikTok to YouTube, Spotify to Shazam. To compile this list, we scanned our database for tracks that had the biggest growth in Chartmetric Track Score* from July 2022 to December 2022. The result is a Top 25 list of some of the hottest tracks on the internet in H2 2022, whic...
If past is prologue, then the budding trends from the end of 2022 are likely to carry over and bloom in 2023. Based on the Breakthrough 100 artists and Viral 25 tracks for H2 2022—plus six months of observations and analysis on the Chartmetric blog—these are the top music industry trends we've identified from the second half of last year.
*Chartmetric Artist Score is a global popularity index that condenses more than 50 metrics from 16 social media and streaming platforms into one number. *Chartmetric Career Stage is a long-term career view calculated according to the median of the past 360 days of an artist's Chartmetric Artist Score. 1. Legendary:Top 1.2K artists who started relea...
The 2023 report is no different. It tells the story of 2022, the year when the music industry recovers from the pandemic but where a number of challenges remain. On the positive side, the year is notable for the return of live shows, providing a much-needed boost to revenues and associated sales such as merchandise.
- Major, Record-Setting Tours. In a year in which new tours from Beyoncé and Taylor Swift dominated the discourse, it was a long-running farewell tour that kicked off what turned out to be a record-setting 2023: In January, Elton John’s Farewell Yellow Brick Road cemented its status as the highest-grossing tour of all time before going on to become the first tour to ever reach the $900 million mark in June.
- Taylor Swift Ticketing Fiasco Leads to Government Pressure. Swift’s Eras Tour wasn’t all about the money she made — it also caught the eye of the government after its initial on-sale was plagued by long wait times, bot traffic and website delays and crashes.
- A Call for Streaming Royalties Reform. Universal Music Group chairman/CEO Lucian Grainge wasted little time in making clear his top priority for 2023: On Jan.
- Some Long-Running Legal Battles Wound Down, But a Lyrics Battle Looms. This past year saw the resolution, in one way or another, of several long-running legal issues that have percolated through the music business: the Tory Lanez–Megan Thee Stallion case; Kesha’s long-running dispute with Dr. Luke; Ed Sheeran’s copyright case; and even arrests in the unsolved murders of Jam Master Jay and Tupac Shakur.
Jan 30, 2023 · Five marketing experts in the music industry predict where things are headed in 2023.
- Hugh Mcintyre
Jan 25, 2023 · Where is the music industry heading in 2023? Changing consumer behaviour, a slowing economy, inflation hitting leisure spending, and less loyalty to brands and subscription accounts are just some of the 2023 music trends we can expect.
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How has the music industry changed in the last year? From groundbreaking advancements in AI to significant strides in artist empowerment, it's increasingly clear that this year has been a turning point. To find out more, we asked five industry experts about the most important trends of 2023. 1. 2023 The Year of… AI?
