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Oct 28, 2024 · Canada’s music industry is growing each year and in 2022, in terms of percentage it grew almost double compared to the United States. In 2022, the music market in the United States grew by 4.8% compared to Canada’s 8.12%. However, the music market across the border is still valued considerably higher than in Canada and was $13.71 billion in 2022.
- Canada has a vibrant music scene and features many national and international record companies, live music venues, and music festivals. Canada has...
- Based on record sales and net worth, Celine Dion is the most popular Canadian musician. She has sold over 220 million records and is worth $800 mil...
- Much of Canada’s music industry, such as record production and distribution, is located in Ontario, making the province an ideal place for anyone w...
- We Streamed A Lot of Music
- Streaming Is Killing Paid Downloads
- Compact Discs Continue to Struggle
- Speaking of Which, Vinyl Is fine. Mostly
- Cassettes? Please
- Older Songs and Albums Did Better Than New Ones
- Artists Did Well in Different Ways
- How Did People Choose Their Music Source? It Depends on Genre
- Can You Name The Biggest Hit in The World in 2022?
More and more people are adopting streaming as their primary source of music. Streaming activity was up about 13.4 per cent from 2021 with the annual number of on-demand audio streams of music hitting 100 billion for the first time. That’s below the global increase of 22.6 per cent (3.4 trillion songs!), but still quite healthy. There are, however,...
Remember when iTunes was the future of music? Instead of buying CDs or vinyl, we’d all be getting our music by buying digital files of albums and individual songs. But the convenience of streaming is wreaking havoc on that old model. Streaming is just too convenient, fast, and portable — and in the case of Spotify’s free tier, costs nothing at all....
A few years ago, the thinking was, “Why buy a CD when I can buy the download of the same album for 10 bucks?” Now it’s, “Why buy a CD when I can stream the album for almost nothing?” Overall CD sales dropped 15 per cent to 2.3 million units. Not dead, but certainly a little tired. It is possible, however, that some quarters of the population will c...
We didn’t buy as much new vinyl this year as we did in 2021 with sales dropping 2.3 per cent. That still equals about 1.1 million albums — which, I believe, would have been higher had it not been for supply chain issues, back-ups at pressing plants, and the resulting insanely high prices. The rekindling of our romance with vinyl has just hit a plat...
Those who fetishize cassettes will point to the format’s 27 per cent increase in sales. Big deal. That translates into 13,200 cassettes sold across the country for the entire year.
In music industry parlance, “catalogue music” is anything older than two years. With the ability to choose from about 100 million songs right from your phone, people are obviously going further afield with their musical explorations. Catalogue songs ate up 72 per cent of our consumption in 2022, an increase of 16 per cent over the previous year. So...
Bad Bunny was a monster in 2022 with 99 per cent of all his songs being consumed digitally. Sales of any sort were negligible. Meanwhile, Swifties got their Taylor Swift in a number of ways: Streaming (71 per cent), vinyl (13 per cent), and digital albums (six per cent).
If you’re a fan of hip-hop and rap, chances are you did most of your listening via social media video on TikTok, followed by streaming audio, and streaming video. Country fans still love the CD and the radio while pop fans stream and use TikTok. Rock fans also love their CDs with vinyl and radio close behind.
Luminate has a system where it can determine what it calls a “Global Hit Score.” The winner in 2022 was Lil Nas X and Jack Harlow with Industry Baby, with a Hit Score of 65.3, driven by the most top-five chart placings around the world. It was followed by Coldplay’s Hymn for the Weekend and Harry Styles’ As It Was(53.5). A few other fun facts. 1. 9...
Luminate is pleased to share our Canada Year-End Music Report for 2022, presenting the most noteworthy music industry trends and insights over the past year. We’re especially excited to share this report for the first time ever under our new brand, which we revealed to the world in March.
Oct 8, 2024 · Find the most up-to-date statistics and facts on the music industry and music consumption in Canada
Mar 22, 2022 · Today, the IFPI released their Global Music Report 2022, the definitive annual review of the global recorded music market. The report provides the official data on recorded music revenues worldwide, as well as insight and analysis on industry trends and developments.
Per last year’s PwC report (2022), live music pre-pandemic revenues were $801 million USD [9], and based on current estimates, revenues won’t return to that level until after 2027. In 2022, Canadian music market revenues were valued at $1.58 billion USD by PwC, with a robust digital music streaming market worth $775 million USD. [10]
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Mar 22, 2023 · When it comes to comparing music markets, Canada's growth in 2022 almost doubled that of the United States in terms of percentage, according to the International Federation of the...
