The IFPI’s Recording Industry In Numbers 2014 was released today, providing a comprehensive picture of the key trends in the global music business, with in-depth statistics and analysis covering 50 territories worldwide.
Last night, the 2nd annual Prism Prize Award Reception took place at The Everleigh in Toronto, ON. The Prism Prize is a national juried award established to recognize the artistry of the modern music video in Canada. The 2014 Prism Prize was awarded to director/photographer Emily Kai Block for Arcade Fire’s “Afterlife” from their Triple Platinum-certified album Reflektor. Bock, who was also nominated for Majical Cloudz’s “Childhood’s End” this year, was on hand to accept the $5,000 prize.
“Emily made some truly remarkable videos last year,” said Prism Prize Founder and Director Louis Calabro, “it says something that two of Emily’s pieces were on the Top Ten Shortlist. Ultimately, I think our jurors chose Afterlife because it’s thoughtful and well-paced, and because – frankly – it looks beautiful.”
The Prism Prize Audience Choice Award, which is awarded based on thousands of online votes collected in collaboration with Exclaim! Magazine, was presented to director Kheaven Lewandowski for The Belle Game’s “River”.
Other videos on the shortlist, which was selected by a jury of more than ninety Canadian music and film industry professionals, included Hollerado, Keys N Krates, Shad, Jessy Lanza, Young Galaxy and Drake.
Writer/director Scott Cudmore and producer/cinematographer Michael Leblanc received the inaugural Arthur Lipsett Award, which recognizes an innovative and unique approach to music video art. Floria Sigismondi received the inaugural Prism Prize Special Achievement Award, presented to a Canadian music video artist for their artistic achievements and exceptional contribution to music video art on a world stage.
Plans for the third annual Prism Prize will be announced later this year. Congratulations to all of the 2014 Prism Prize winners and nominees.
Today, the IFPI released the Digital Music Report 2014, which provides a comprehensive overview of today’s global digital music sector, including statistics on international markets, developments in the licensed online marketplace, and industry efforts to tackle online piracy.
The IFPI says that despite positive growth in most markets, overall global music trade revenues fell by 3.9% in 2013, to US$15.0 billion. This was heavily influenced by a drop of 16.7% in Japan, which accounts for more than one fifth of global revenues. Excluding Japan, the overall global recorded music market was generally flat, declining by 0.1% in 2013.
This report highlights the growth in music subscription services, which helped drive growth in most major markets in 2013, as revenues from subscription services grew by 51%, helping global digital revenues grow by 4.3%. Global revenues from streaming and subscription services topped the US$1 billion mark for the first time in 2013.
Digital downloads and physical formats remain an important revenue stream for the global recorded music industry, as downloads account for 67% of digital revenues, and physical product sales account for more than half (51.4%) of all global revenues.
Performance rights revenue, generated from broadcast, internet radio, and venues, saw strong growth in 2013, as performance rights income to record companies reached US$1.1 billion, an increase of 19% over 2012. Income from synchronization deals, where music is placed in film, television, or advertisements, declined by 3.4% in 2013, now accounting for 2.1% of total industry revenue, the report states.
The report includes the IFPI’s Global Recording Artist Chart, which measures the popularity of an artist across an array of channels, including digital downloads, streaming services, and physical format sales. One Direction topped the chart in its first year of being tabulated, while Burnaby, British Columbia’s Michael Bublé achieved the #9 position.
The report also profiles how record labels utilize the digital world in promoting artist releases, with features on innovative promotional campaigns, including:
- Sony Music Entertainment’s global campaign for Daft Punk – Random Access Memories , which coordinated physical advertisements like billboards with television ad buys and digital teaser videos to achieve the robot duo’s vision of a global album release
- Universal Music Group International’s campaign with Avicii, which partnered with Ericsson to create a ‘crowd sourced’ hit song, and later unveiled the album as a live performance at the Ultra Music Festival, helping Avicii grow from a club DJ to a global superstar
- Warner Music Nashville/Atlantic Records’ innovative ‘Youtube Orchestra’ campaign with Hunter Hayes, which enlisted a range of ‘Youtube Stars’ to post their own versions of his song, Everybody’s Got Somebody But Me, with Hayes and Justin Mraz creating a mashup of the videos in a one-shot music video
- Passenger’s partnership with German indie label Embassy of Music, which worked with Sony Music Netherlands to campaign in the smaller Dutch radio market to establish a foothold on the airwaves
- Katy Perry’s PRISM campaign, in which Capitol Music Group developed multiple promotional campaigns for the album’s various singles, including international events in Canada, Australia, France, Germany, Italy, and Japan
To view the full report, visit http://www.ifpi.org/digital-music-report.php.
After a culmination of five weeks spent writing in his ancestral home of Ireland, and, for the first time, Los Angeles, it only seemed appropriate to have the JUNO nominated Royal Wood stop by the Music Canada office mid St. Patrick’s Day celebrations for a performance.
Royal played a set of songs from his newest album, The Burning Bright, which debuts tomorrow on iTunes. A few dozen festive people, including neighbours from the Liberty Village business community, had the opportunity to take in the set which included “It’s Only Love”, “Forever And Ever”, and “City Lights”, all of which are featured on The Burning Bright album. Our thanks to Charlotte Thompson of Red Umbrella PR as well, who handles publicity and proposed the performance, as well as Stature Films for putting together this live performance video.
Royal Wood’s EP record, The Burning Bright, has been said to capture his truest, most confident musical voice even as it chronicles an extraordinary year of tumult, travel and personal discovery. With a record so personal, and a product of multiple worlds, the anticipation of tomorrows release is high.
The Burning Bright is available now at MapleMusic.com.
Thanks to Meredith Shaw for visiting and performing at the Music Canada office today! Meredith played a short set of songs from her new EP, ‘Hardest Goodbye,’ including the title track and ‘Slide.’ A few dozen people took in the mid-afternoon set including our neighbours from the Liberty Village business community. Our thanks to Charlotte Thompson of Red Umbrella PR as well, who handles publicity for Shaw and suggested the performance.
‘Hardest Goodbye’ is Meredith’s second EP in a series of three 3-song EP recordings, and was released just yesterday via eOne Music Canada. The EP was produced by John-Angus Macdonald of the multi-platinum certified band The Trews, and follows 2013’s release of ‘Trouble,’ which was produced by acclaimed artist Joel Plaskett.
— Music Canada (@Music_Canada) March 5, 2014
Meredith will be performing at her Toronto release party tomorrow night (Thursday, March 6th) at The Cameron House at 408 Queen St. West, which will also feature a performance by Andrew Austin. The show begins at 8pm, admission is $10 at the door.
You can also catch her on Canada AM tomorrow morning, when she’ll play ‘Hardest Goodbye’ on the AM Soundstage.
Tom Cochrane Announced As A 2014 Inductee To The Canadian Music Industry Hall Of Fame At Canadian Music Week 2014
Congratulations to Tom Cochrane, who has just been announced as a 2014 inductee to the Canadian Music Industry Hall of Fame by Canadian Music Week!
The award winning and Diamond-certified singer, songwriter, producer, activist and Canadian icon will be honoured at the Canadian Music & Broadcast Industry Awards gala, taking place on Thursday, May 8, 2014 at the Kool Haus in Toronto.
The Ontario Media Development Corporation (OMDC) has announced the key dates for years 2 and 3 of the Ontario Music Fund.
As per the release, application launch dates, deadlines, and funding decisions timelines for the four streams of the Ontario Music Fund are as follows:
Music Company Development:
Year 2 (2014 – 15)
- Application launch: Early April 2014
- Deadline: May 30, 2014
- Activity period: July 1, 2014 -July 31, 2015
- Funding decisions: Early September, 2014
Year 3 (2015-16)
- Application launch: Mid-March, 2015
- Deadline: May 15, 2015
- Activity period: July 1, 2015 –July 31, 2016
- Funding decisions: Mid-September, 2015
Music Industry Development:
Year 2 (2014-15)
- Application launch: Early May, 2014
- Deadline: December 31, 2014
- Activity period: April 1, 2014–May 31, 2015
- Funding decisions: ongoing to late January/Early February, 2015
Year 3 (2015 – 16)
- Application launch: Early March, 2015
- Deadline: December 31, 2015
- Activity period: April 1, 2015 – May 31, 2016
- Funding decisions: ongoing to late January/Early February, 2016
Year 2 (2014 – 15)
- Application launch: Mid – April 2014
- Deadline: June 16, 2014
- Activity period: August 1, 2014 – August 31, 2015
- Funding decisions: Mid – September, 2014
Year 3 (2015 – 16)
- Application launch: Early March, 2015
- Deadline: April 30, 2015
- Activity period: July 1, 2015 –August 31, 2016
- Funding decisions: End of July, 2015
Year 2 (2014 – 15)
- Application launch: Early May 2014
- Deadline: June 30, 2014
- Activity period: May1, 2014 –May 1, 2015
- Funding decisions: Late September, 2014
Year 3 (2015 – 16)
- Application launch: Mid – March, 2015
- Deadline: May 29, 2015
- Activity period: April 1, 2015 –April 1, 2016
- Funding decisions: Early September, 2015
For further information on the Ontario Music Fund, visit the OMDC’s website at http://www.omdc.on.ca/music/the_ontario_music_fund.htm.
The IFPI has released a new film called Music Remains that illustrates that throughout all of the technological changes in our industry, there has been one constant: the music.
Shot at historic Abbey Roads studios, this compelling 90 second video features a Rube Goldberg machine showing various recorded music technologies.
Launched today, MusicRemains.org features the video, a ‘making of’ documentary, and lyrics of the rap in the video.
“The idea was to convey the message that, while technology may be continuously changing, recorded music is always at the centre of people’s lives”, says creative director Steve Milbourne. “At the same time, we wanted to it to be a very personal story. Pepstar’s lyrics are about key experiences – from the meeting of our parents to childhood memories, first girlfriends and family tragedy.”
Record Store Day Canada has named Blue Rodeo the official spokesband for Record Store Day 2014, happening April 19, 2014 at independent record stores across Canada and the world.
The JUNO Award winning and multi-platinum certified band waxed poetic on their love for record stores in a new video released by Record Store Day Canada.
“When my kids began to develop their own unique tastes in music I took them to their first independent record store. It was like a whole new world had opened to them. The fact of the matter is those record stores are so much more than just merchandise sellers. They are a social service. Like-minded people sharing their love and knowledge of music. My children have never lost their connection to independent record stores and their knowledge of music is now broad and unique”, said Jim Cuddy in a release.
“Growing up, records were our religion. They were our statements of cool. We carried them from party to party, rec room to rec room, symbols of our hipness. It’s funny, things haven’t changed that much. Go buy some records. Take a trip!”, added Greg Keelor.
Earlier this week, Record Store Day announced hip-hop artist and social activist Chuck D would be the official Ambassador of Record Store Day 2014 south of the border, following in the footsteps of past ambassadors Josh Homme, Ozzy Osbourne, Iggy Pop, and Jack White.
Last year’s Record Store Day was the largest yet in Canada, with more than 150 stores from across Canada are celebrating, with stores in all 10 provinces taking part. More information on this year’s celebration, including in-store performances and special release vinyl will be released as it becomes available.
Congratulations to all those honoured at The GRAMMYs last night, including Canadians Michael Bublé?, who won Best Traditional Pop Vocal Album for ‘To Be Loved’, and Jennifer Gasoi?, who won Best Children’s Album for ‘Throw a Penny in the Wishing Well’!