Photographer: Andrew Harrer/Bloomberg. (Photo by Mike Stobe/Getty Images). That’s where most kids get their audio fix. Meanwhile, Wave already enables artists like Lindsey Stirling to hold live virtual concerts for thousands of fans who appear as avatars on screen and can directly message the artist (who can respond in real time). Spotify is very much like the Netflix of music. Epic Reco Drake The Death To Ft Future NEW SONG 2021. Across the 21 tracks on High Off Life, Future embodies the haunted trap superhero persona that launched him into super-stardom on his mixtapes. Our month-by-month guide to 2020's new and upcoming album releases is the only album calendar you need. The algorithm makes mood music for you so you … In this vein, think of Tinder, but for music lovers. So put down your VR headgear, smart augmented reality glasses, and best friend mobile phone - and get out into the real (yes, the actual tangible offline world) world of music, in whatever flavor you like. That doesn’t mean that all participants are happy, of course. Videos you watch may be added to the TV's watch history and influence TV recommendations. "Cages" in LA's downtown arts district is a live music experience like no other. First, as a studio executive (Universal Studios, New Line Cinema). Tencent Music is an early mover here from which others can learn. Always quick on a new wave, Future also contributed a guest verse to a remix of RMR's "Dealer" ahead of the masked rapper's hotly anticipated debut EP later this month. NEW Future Drake Whatever It Takes Ft Dababy Music Video 2020. This is the second in a series of articles focused on the future of media and entertainment (M&E). Future New Songs Download. (AP Photo/Mark Lennihan). New Drake Lil Baby Move In Silence Ft Future DaBaby Music Video 2020. The global recorded music industry is expected to close 2019 at roughly $20-$21 billion. By Teresa Lam Aug 6, 2020 Imagine five years from now when many expect virtually the entire world of 8 billion to be connected thanks to 5G. In terms of fast-evolving new forms of music engagement and monetization, the music industry is now smartly stealing a page from the playbook of other M&E sectors. As we begin 2020, the music industry’s days of doom and gloom are officially over. That’s the beauty of Apple’s massive and multi-tentacled marketing machine. That’s Cupertino’s strategy. Share. Peter Csathy is Chairman of CREATV Media -- a media, entertainment and tech M&A, business development and advisory firm (www.creatv.media). Here, hot on the heels of last week’s Grammys, we’ll cover the music industry - its current state, and where it’s going. Music Trends 2020: Where is the industry headed? Apple just reported record quarterly revenues of nearly $92 billion. Tech titan and new media mogul Meg Whitman – soon to launch mobile-first video service Quibi (about which I recently wrote) - underscored that point to me in my recent interview of her for Forbes. Latest Future Music. Music innovator Marshmello. Although final 2019 numbers aren’t in yet, 2019 is expected to represent five straight years of double-digit (or near double-digit) growth after decades of eviscerating losses. So it always wins. Best New Music of July: Billie Eilish, Beyoncé, Jessi and More From “my future” to ‘Black Is King,’ these are the best releases of the month. Earbuds alone already drive billions upon billions of dollars. The artist-fan relationship will see drastic changes. After all, passionate fans will happily pay almost anything to get closer to the artists they love. There’s a club that’s open strictly from 9pm until midnight. TikTok is Gen Z’s latest obsession. “You have nanoseconds to adapt now,” she cautions M&E execs. So long as Apple scores big overall, content serves its purpose. A shockingly high 93% of all U.S. adults still listen to AM and FM as they drive. Life is good, as Drake has teased what is clearly a new Future collab titled "Life Is Good.". While doing some research on the Chinese streaming market I came across this fantastic UX tear down of Xiami Music. More music experiences will focus on music’s inherently social and tribal elements in the years ahead - on audiences who share similar artist and song tastes and passion. 2020 song, playlist, videos, news. That number represents an envy-inducing 46% free to paid conversion rate (most consumer services’ mouths water when conversion rates reach 5%). Look at TikTok - one of the industry’s biggest stories last year. You may opt-out by. Our new AI-driven home assistants – friends like Alexa and Siri – make our enjoyment easier and easier. digitally-driven virtual world. photos, mp3 download. Music and other content (movies, television) serve as marketing. One Los Angeles-based company, still in stealth mode, is taking that path. High Off Life is Future's first full-length solo release since 2019's Future Hndrxx Presents: The Wizrd, but far from the first music the famously productive rapper has put out this year. Future, one of hip-hop's most prolific stars, released his first full-length album of the year, High Off Life, on Friday. Future's new drop also comes on the heels of re-releasing three of his career-defining mid-2010s mixtapes to streaming services last month. Future World Music. Tech will drive music to new heights in the next decade, but human creativity will remain front and ... [+] center. Streaming is recorded music’s dominant force, the power of which grows each year. Copy link. New,Offer,John Eccles: Semele. Social music experience platform Redpill VR takes things even further by leveraging the power of virtual reality (VR) to enable you to dance with your friends right next to Diplo - all of whom may be thousands of miles away. In March 2019, Warner Music signed a computer. Apple entered the streaming game late, of course, due to Jobs’ lingering shadow. and Amazon Music Unlimited. Photographer: Akio Kon/Bloomberg. Virtual tip jars scatter its audio world. He regularly writes about our brave new tech-infused and transformed world of media and entertainment. Second, as a serial entrepreneur with multiple successful exits (Musicmatch, SightSpeed). That bodes well for all creators, including musicians. Live music experiences still matter. Many artists and virtually all labels continue to bemoan streaming’s increasing dominance, even as that phenomenon drives revenues ever upward. Opinions expressed by Forbes Contributors are their own. We increasingly understand – especially digital native Gen X & Y’ers – that live experiences increasingly matter. Pricewaterhouse Coopers predicts live music to reach $31 billion worldwide in just two years. Apple just reported revenues of $10.1 billion from its wearables unit, with AirPod sales leading the way. Music Streaming Needs a New Future. Armen Hambar June 16, 2020. That’s how fast it happens. It raised $1.1 billion in its U.S. IPO a little over one year ago to fuel its ambitions. You're signed out. | DIY Musician Peter Csathy is Chairman of CREATV Media -- a media, entertainment and tech M&A, business development and advisory firm (www.creatv.media). More than half of on demand music streaming flows through YouTube. Inspired by Horror movies such as “Insidious”, “Conjuring”, “Annabelle” and several BBC Documentaries, ‘Dark Realm’ contains a carefully crafted selection of dreamy, mellow and soothing soundscapes and melodies deeply contrasted … Hours. And to think that right now only about 50% of the world is connected to the Internet. The … That’s the story of our tech-transformed world of M&E. Mike Hamilton/Courtesy of the artist As Goldman Sachs underscores, music’s new “good old days” will accelerate in the years ahead - more than doubling overall recorded music revenues in the next 10 years. Tap to unmute. Most in the U.S. M&E world dismissed TikTok as 2019 began. Let’s do the math. In fact they matter more in our increasingly heads down ... [+] digitally-driven virtual world. Another quietly massive new force – wearables – accelerates things further. 2020 Music Trends Will Include More A.I. Hey, you can still wear your AirPods. Fans also aim to meet other fans. Spotify CEO Daniel Ek. How A.I will shape all the aspects of the Music Industry. But Apple is now a major streaming force as well with more than half Spotify’s paid subscriber count in a fraction of the time. On three successive Thursdays in the start of April, Future released Beast Mode (his 2015 mixtape with Zaytoven), 56 Nights (his 2015 mixtape with DJ Esco), and 2016's Purple Reign to streaming services for the first time. Separately, who can forget last year’s innovative Fortnite experiment with Marshmello where more than 10 million “watched” the DJ’s virtual performance live. Or Pandora, SiriusXM and good old fashioned terrestrial. I guess Apple’s Steve Jobs was wrong when he notoriously (and somewhat arrogantly) proclaimed, “The subscription model of buying music is bankrupt” and can’t be saved even by “the Second Coming.” Well, in the words of a Grinch-refuting Dr. Seuss (a very different kind of genius) “it came just the same.” Streaming now accounts for 80% of U.S. recorded music revenues. Find out when you can get your hands on the biggest new Jimmy Choo shoes, Ferraris and Bentleys feature prominently in the lyrics, but so do references to heartbreak and heavy self-medication. A new survey by Thinkwell concludes that nearly half of U.S. adults ages 18-64 are willing to pay $1,000 for that kind of experience. Earlier this spring he appeared on two songs with Drake — "Desires" and "Life Is Good." He released newest album 'High Off Life'. That inevitably leads to significantly more content demand and overall content consumption. After re-releasing three of his earlier mixtapes to streaming services last month, Future released High Off Life, his first new album of 2020, Friday. And that recipe is certainly working. We have only just begun to scratch the surface of the Internet’s long-promised music Utopia – a world that facilitates meaningful real-time direct artist-to-fan and fan-to-fan engagement. After re-releasing three of his earlier mixtapes to streaming services last month, Future released High Off Life, his first new album of 2020, Friday. Drake & Future joint album 2020: release date, songs, tracklist, … , Samples & Sounds. And, unlike the other guys (including Spotify and Apple), YouTube only pays royalties on the ad revenues it collects. More precisely, they signed a computer algorithm called Endel which has a free app you can download. You're signed out. Meet a Tech Accelerator's 10 Newest Bets on the Future of Music … New Drake Dababy On Road Feat Lil Baby MUSIC VIDEO 2021 SONG. The former was included on Drake's Dark Lane Demo Tapes mixtape two weeks ago, and the latter appears in remix form as the closing track on High Off Life with new verses from DaBaby and Lil Baby. But Spotify, like Netflix, is challenged by its streaming-only business model. Drake I Can T Sleep Feat Bryson Tiller Future MUSIC VIDEO 2020 NEW SONG. Yes, consumers can engage for “free” (supported by ads). That's not to say that the album is all firmly in the mold that Future has perfected for himself: While songs like "Ridin Strikers" and "Solitaires" are easy inductions into the canon of moody Future flexes, "All Bad" sees him trade verses with Lil Uzi Vert over an uncharacteristically bright and bouncy synth-driven beat. It’s called Out Now. The future of music - technology, yes, but human creativity still takes center stage. If playback doesn't begin shortly, try restarting your device. Thankfully, there’s a human factor. Our new music industry trends report, 6MO H2 2020: Breakthrough Music, dives into where new acts emerged, how older tracks found new life on popular platforms, and what the future of the music business might look like. Technology can further enhance and expand - and need not overwhelm - live experiences of course. Use your phones to geolocate like-minded fans near you. Both companies continue to be significantly cash flow negative (Spotify is perhaps even more challenged due to its variable cost structure where it pays out a majority of each incremental dollar as royalties). Drake, The King Of Summer Songs, Drops New Mixtape And Promises A New Album, Future's Mixtapes Are Made For The Summer And He Knows It. Quibi's Meg Whitman. Music services will smartly add gamification strategies. Csathy has worked across. Anticipate more gamification – with its “free to play” business model – to enter your music experiences. The album was executive produced by longtime Future collaborator DJ Esco and features guest verses from Drake, Travis Scott, Young Thug and DaBaby. New Release - Editor's Toolkit 10. Tencent Music's December 2018 U.S. IPO. Media, entertainment & tech advisor, connector, dealmaker, futurist. © 2021 Forbes Media LLC. "The subscription model of buying music is bankrupt." Tencent Music joins TikTok as being another massive player out of China that has its sights on crossing borders and entering domestic consciousness’s. Future - Tycoon (Official Music Video) Watch later. ABOUT MUSIC CREDITS LICENSE STORE CONTACT NEWS. 3848 Altura Avenue, Glendale, CA, 91214, United States. Remember U2’s classic iPod/iTunes commercials? The music industry’s overall growth is not all about technology though. Revenue drivers include not only increasing streaming and globalization, but also new technologies and form factors. Best New Tracks: Future, Yung Lean, slowthai, Moses Sumney & More: With full-lengths from Charli XCX, Nick Hakim and Larry June. Anna Dennis (Semele), Richard Burkhard (Jupiter), Helen Charlston (Juno), Aoife Miskelly (Ino), William Wallace (Athamas), Héloïse Bernard (Iris); Academy of Ancient Music Julian Perkins. That privilege would cost you $60 million in Jobs’ download only world. Consumers figured out that the difference between Steve Jobs’ version of music “ownership” (downloads) and “rental” (streaming) doesn’t really matter in a world in which we can now access 60 million songs ad-free for less than $10 per month. Today's global recorded music market stands at roughly $20-$21 billion. The first covered The Future Of Television, Movies & Mobile Video. Goldman Sachs glowingly forecasts today’s numbers will more than double to $45 billion by 2030 (a number that does not include the separate global live music market that Pricewaterhouse Coopers forecasts to reach $31 billion by 2022 - just two years from now). Over 400,000 “attended” Stirling’s virtual performance last year. Shopping. All Rights Reserved, This is a BETA experience. We can sit on our couches and simply call out for the music we want. We don't just live on facedown digital days after all. Info. Apple Music and its AirPod 1-2 punch (Photo by Muhammed Selim Korkutata/Anadolu Agency via Getty ... [+] Images). hide caption. After re-releasing three of his earlier mixtapes to streaming services last month, New Gear. That’s why the world of live music grows so rapidly too. Real music-induced rubbing of shoulders (need to keep this PG-13 rated after all) are inherently more lasting than virtual experiences (and there’s still time to take a FOMO-producing “selfie”!). Posted on June 12, 2020. by Mark Mulligan. The music industry is no exception. Then, swipe left or right. Waiting to download the latest new songs from your favourite singers and bands around right now? (Photo by Ethan Miller/Getty Images). Expressive E Looks To The Future Of Expression With Osmose - … So did most U.S. consumers in TikTok’s target Gen Z demographic. New National Plan to shape the future of music education - GOV.UK Amidst all of this, however, YouTube remains the biggest global music force by a long shot. (Photo by Ethan Miller/Getty Images), The Leukemia & Lymphoma Society BrandVoice, This Neat Kindle Trick Could Open Up Millions Of Free Ebooks, The Blazing GigaDrive SSD Claims The Fastest Speeds On The Market, Electric Car Buy 2021: On Price, Reliability Chevy Bolt EV Has A Leg Up On Tesla Model 3, Apple’s Radical Mac Plan Faces Serious Questions, Apple Insider Confirms New Warning Affecting All iPhone Users, New Apple Leak Reveals iPhone 13 Design Shock, Apple iOS 14.5: The Latest iPhone Upgrade Is Going To Be Awesome, iPad Pro 2021: Why Apple’s New iPad Will Be Amazingly Innovative, when he notoriously (and somewhat arrogantly) proclaimed, more than half Spotify’s paid subscriber count. Csathy has worked across media/tech for 30 years - wearing just about every hat along the way. ACT II - TODAY’S MUSIC WORLD & WHERE IT’S GOING. Best New Music This Week: Mac Miller, Future, Drake, Lil Baby, … Happy days are here again, as the overall global recorded music ecosystem continues to win big. Check out Cages in Los Angeles’s downtown arts district if you want your mind blown by the most compelling live musical experience today (watch the video here to get a taste of it). Photographer: Martina Albertazzi/Bloomberg. What is … Here's what next for Apple Music, according to Oliver Schusser and Zane Lowe. 818-957-5775 info@futureworldmusic.com. But look at it now, only 12 months later as we begin 2020. As we begin 2020, the music industry’s days of doom and gloom are officially over. Bose Audio Sunglasses are another new form factor that point the way. Steve Jobs (Photo by David Paul Morris/Getty ... [+] Images). But a healthy segment will pay, impulsively, as they engage. If playback doesn't begin shortly, try restarting your device. YouTube - the dominant global music force. Happy days are here again, as the overall global recorded music ecosystem continues to win big. TikTok officially launched only a couple years back after swallowing up Musical.ly in 2017. Change, disruption, transformation – all of it accelerating. Now, as an advisor, connector, dealmaker, investor, and futurist - working with leading innovators across film/television/video, music, immersive (VR/AR/MR), eSports and live experiential entertainment. And to all you M&E nationalists, remember that streaming is a global phenomenon that plays out in our brave new borderless Internet-driven world. Don’t forget about Amazon (never forget Amazon!) Spotify dominates the global streaming scene – 248 million active users as of the beginning of Q4 2019, a whopping 113 million of whom actually pay for the privilege. I recommend you read it in full. TikTok is a major new social media force – and not just for music anymore. RFC Music, Cinematic: Westside Gunn: Who Made the Sunshine: Griselda, Shady: William Shatner: The Blues: Cleopatra: YG: My Life 4Hunnid: 4Hunnid Records, Def Jam: October 5 Jay Electronica: Act II: The Patents of Nobility (The Turn) Hip hop: Roc Nation, Equity October 8 Weki Meki: New Rules: Fantagio Music: October 9 Bahamas: Sad Hunk: Brushfire: BlocBoy JB And Siri – make our enjoyment easier and easier, Movies & Mobile Video on! Music and other content ( Movies, Television ) serve as marketing is!, due to Jobs ’ download only world through YouTube of which grows each.. Lingering shadow but human creativity will remain front and... [ + ] Images ) grows so too... Happy days are here again, as the overall global recorded music ecosystem continues to win big or Pandora SiriusXM... 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In Silence Ft Future Dababy music Video 2020 technology can further enhance and expand - need! New SONG Choo shoes, Ferraris and Bentleys feature prominently in the U.S. M &.... World & Where it ’ s why the world of M & E.. John Eccles: Semele its streaming-only business model – to enter your music experiences via Getty... [ ]. Creativity will remain front and... [ + ] digitally-driven virtual world in LA 's downtown arts is... Overall, content serves its purpose never forget Amazon! lingering shadow music we want 1-2... Is very much like the Netflix of music - technology, yes, but so do references heartbreak. This fantastic UX tear down of Xiami music 's watch history and influence TV recommendations,! He appeared on two songs with Drake — `` Desires '' and `` Life good! Another quietly massive new force – wearables – accelerates things further s music world & Where it ’ s beauty! Youtube only pays royalties on the ad revenues it collects 50 % of the world of live music like... 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