U.S. Recorded Music Business Still Growing (A Bit) Amid Pandemic
Total Page：16
File Type：pdf, Size：1020Kb
BILLBOARD COUNTRY UPDATE APRIL 13, 2020 | PAGE 4 OF 19 ON THE CHARTS JIM ASKER [email protected] Bulletin SamHunt’s Southside Rules Top Country YOURAlbu DAILYms; BrettENTERTAINMENT Young ‘Catc NEWSh UPDATE’-es FifthSEPTEMBER Airplay 10, 2020 Page 1 of 29 Leader; Travis Denning Makes History INSIDE U.S. Recorded Music Business Still Sam Hunt’s second studio full-length, and first in over five years, Southside sales (up 21%) in the tracking week. On Country Airplay, it hops 18-15 (11.9 mil- (MCA Nashville/Universal Music Group Nashville), debuts at No. 1 on Billboard’s lion audience impressions, up 16%). Top Country• Hipgnosis Albums Songs chart dated April 18.Growing In its first week (ending April (A 9), it Bit) Amid Pandemic: earnedBuys 46,000 Big Deal equivalent Music album units, including 16,000 in album sales, ac- TRY TO ‘CATCH’ UP WITH YOUNG Brett Youngachieves his fifth consecutive cording to Nielsen Music/MRC Data. RIAA 2020and totalMid-Year Country Airplay No. 1 as “Catch” Report (Big Machine Label Group) ascends Southside• BMI Posts marks Record Hunt’s second No. 1 on the 2-1, increasing 13% to 36.6 million impressions. chartRevenue and fourth Despite top 10. It follows freshman LP BY DAN RYS Young’s first of six chart entries, “Sleep With- MontevalloPandemic, which Hit arrived to at the summit in No - out You,” reached No. 2 in December 2016. He Licensing vember 2014 and reigned for nineThe weeks. good To news: date, The U.S. recorded-music business 14% over lastfollowed year and with 67% the multiweekof the total No. revenue 1s “In Case share You Montevallo has earned 3.9 million units, with 1.4 Didn’t Know” (two weeks, June 2017), “Like I Loved • Vinyl and the Virus: million in album sales. was still in an upswing in the first half of 2020, grow- overall, andYou” 79% (three, of streaming January 2018),revenue. “Mercy” (two, August Four Takeaways Montevallo has spent 267 weeksing on 5.6%the list, at tying retail to $5.7 billion, up from $5.4 billion, That was2018) buoyed and by “Here a 24% Tonight” growth (two, in Aprilthe average 2019). From the RIAA’s 2020 Luke Bryan’s Crash My Party as the sixth-longest- “Catch” completes his longest journey to No. 1, Mid-Year Report continuing a trend of growth that extends back to the number of paid subscriptions in the U.S. for the first running titles in the chart’s 56-yearindustry’s history. nadir in 2015. half of the year,having to taken72.1 million, 46 weeks up to from reach 58.2 the apex. million It out - On• Jthe Balvin, all-genre Rosalía, Billboard 200,The Southside less-good ar- news: That growth, like most every- in the samepaces period the of 30-week 2019. That’s climb ofa boost“Here ofTonight.” nearly rives at No. 5, awarding Hunt his second top 10 On Hot Country Songs, “Catch” pushes 7-5 for Pharrell Williams, thing else in the musicHUNT business and beyondYOUNG so far 14 millions subscriptions, or just over 1 million more afterCarlos the No. Vives, 3-peaking Ozuna Montevallo . a new high. Hunt& More first Confirmedreleased the EPX2C this, which year, debuted took a pandemic-related hit, ending a short per month for full-tier subscriptions. Ad-supported and peakedFor Latin at No.Music 5 on Top Countrystreak Albumsof double-digit in August gains 2014. after Following a 17% boost COMBS at mid- ‘DOES’ on-demandIT AGAIN Luke revenues Combs’ “Does grew to3% Me” over (River the House/Columbiasame period in MontevalloWeek: Panel, Between Lineups the Pines: yearAcoustic 2017, Mixtape 10% at started mid-year at its 2018 No. and7 high 18% in at mid-yearNashville), featuring2019, Eric from Church $410, millionascends 11-8last onyear Country to $421 Airplay, million up 10%this to November 2015. 2019. 24.7 million in audience.year, making The song up just is Combs’ 7% of eighthtotal revenues straight career-opening overall and Montevallo• SiriusXM produced Boosts five singles, four of which hit the pinnacle of Country top 10, following a record run of seven consecutive out-of-the-gate, properly Airplay:2020 “Leave Subscriber the Night On,” “TakeOf course,Your Time,” percentage-based “House Party” and growth, “Make by itspromoted nature, No. 1 singles.ending a run of double-digit growth for that specific You MissForecast Me.” “Break on Up in a Smallis always Town” increasingly-difficult peaked at No. 2. to improve upon,Church and adds hissector. 15th CountryDigital and Airplay customized top 10. radio revenues grew Hunt‘Strong’ co-penned Demand all 12 songsonce-in-a-generation on Southside, including pandemics “Body Like were a Back never going to 6%, to $583 million, a category that includes Sound- Road,” which was released in 2017.help The keep smash that hit streak ruled alive. Country And Airplay within for that THATcontext TOOK QUITEExchange ‘A FEW’ distributions MONTHS Travis from Denning internet shatters radio. the record for three weeks and the airplay-, streaming-there’s still and plenty sales-based of good Hot news Country for Songs the industry the most in its weeks it hasMeanwhile, taken to penetrate both digital the Country download Airplay and top physical 10 as “After chart for a then-record 34 frames. It now ranks second only to Bebe Rexha and a Few” (Mercury Nashville) climbs 12-10 in its 57th week, up 4% to 21.4 mil - FloridaMARKET Georgia WATCH Line’s “Meant tocontinued Be” (50 weeks recovery atop the amid latter the list streaming in 2017-18). era.lion in radio reach.sales revenue fell below ad-supported on-demand PAGE 26 “Downtown’s Dead,” which is alsoAs parton the of new the set,total reached $5.7 billion Nos. 14 in and revenue, 15 streamingThe song surpasses streaming two tracks revenues that tookfor the 50 weeks first eachtime, to withenter both the top 10: on HotSONGWRITERS Country Songs and Countryaccounted Airplay, for respectively, $4.8 billion, in June or 85%, 2018. increasing“Kin- Easton its share Corbin ’sdropping “A Girl Like more You,” than which 20%. reached Digital No. downloads 10 in January fell 2018 22% be - folks”& ledPRODUCERS Country Airplay on Feb.from 29, the becoming 80% it Hunt’sheld at seventh the same No. point 1. It hit in 2019fore when peaking at No.overall 6 that to February, $351 million and Aaron — track Watson sales’s down“Outta 27%, Style,” digital which No. 3 on HotCHARTS Country Songs. it totaled $4.3 billion. And within that, paid achievedsubscrip its- No.album 10 high sales in December down 18% 2017. — and accounted for just 6% of LatestPAGES single 27 “Hard - 29 to Forget” jumps 17-9 on Hot Country Songs. It’s his “After” is Denning’s second Country Airplay entry. “David Ashley Parker tion revenue accounted for $3.8 billion, an increase of (continued) eighth top 10, having corralled 8.2 million U.S. streams (up 96%) and 5,000 in From Powder Springs” traveled to No. 32 in September 2018. ETHAN MICHAEL YOUNG: VIA MARTIN/NHLI GETTY HUNT: IMAGES. IMAGES MILLER/GETTY 970 x 250px 970 x 250px 30300 x0 2 x5 02p5x0px LLAATTIINN GRAMMYGRAMMY AWARDSAWARDS®® Billboard’s Latin GRAMMY Awards® Update is delivered to more than 20K subscribers, Billboard’s Latin GRAMMY Awards® Update is delivered to more than 20K subscribers, including label executives, artists, managers, agents, radio executives and touring including label executives, artists, managers, agents, radio executives and touring professionals. professionals. It showcases the music, artists, producers and other creative professionals who made It anshowcases impact during the music, the eligibility artists, producersperiod for the and Latin other GRAMMY creative professionalsAwards® and whosewho made work anis impact in contention during this the year.eligibility It will period also provide for the readers Latin GRAMMY with a recap Awards® of the biggestand whose Latin work is storiesin contention of the week, this year. industry It will news, also interviews provide readers and chart with history. a recap of the biggest Latin stories of the week, industry news, interviews and chart history. Advertise in Billboard's Latin GRAMMY Awards® Update to remind the industry of the Advertisework you in accomplished Billboard's Latin as ballots GRAMMY are cast Awards® between Update October to remind 8-18, and the benefit industry by of the workaligning you accomplishedyour company withas ballots an audience are cast of between decision Octobermakers in 8-18, the fast-movingand benefit byand aligning-growing your Latin company market. with an audience of decision makers in the fast-moving and -growing Latin market. CONTACT LAUNCH DATE: OCT. 5 CGOeNneT SAmCitTh | 973.452.3528 | [email protected] AdLAUNCH Close: Oct. DATE: 1 OCT. 5 GMenaer cSiam Oitlhiv a| l9 |7 738.465.528.365.42980 |1 [email protected]| [email protected] Ad Close: Oct. 1 Marcia Olival | 786.586.4901 | [email protected] Page 3 of 29 IN BRIEF overall revenue, down from 8% in the first the pandemic began to keep people in their half of 2019. Physical revenues fell more on a homes. Hipgnosis Songs percentage basis — down 23% — to $376 mil- And the impact on physical retail was lion, or 7% of overall revenues. Significantly, understandably demonstrative as well, as Buys Big Deal vinyl sales accounted for $232 million of stores closed down and touring ground to that figure, or 62% of physical sales (4% a halt. While vinyl sales grew 4% overall in Music overall), marking the first time in more than the first half of 2020 compared to the first 30 years that the vinyl format outsold CDs half of 2019, for example, vinyl revenue ac- BY COLIN STUTZ in revenue for a half-year period.