{"id":100528,"date":"2024-08-01T09:00:00","date_gmt":"2024-08-01T08:00:00","guid":{"rendered":"https:\/\/routenote.com\/blog\/?p=100528"},"modified":"2024-07-30T14:09:47","modified_gmt":"2024-07-30T13:09:47","slug":"the-biggest-music-industry-news-july-2024","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/the-biggest-music-industry-news-july-2024\/","title":{"rendered":"The biggest music industry news | July 2024"},"content":{"rendered":"\n<p><em>Image credit: <a href=\"https:\/\/routenote.com\/blog\/using-youtube-shorts-as-an-artist\/\">YouTube Shorts<\/a><\/em><\/p>\n\n\n\n<h2><span style=\"color:#3366FF\">This summer we&#8217;re seeing independent music reign as streaming continues to grow and AI take a bigger place in the music world.<\/span><\/h2>\n\n\n\n<h3>RouteNote artists can now start Spotify Countdown Pages<\/h3>\n\n\n\n<p>Countdown Pages are a fantastic way to build hype for an upcoming release. All artists on <a href=\"https:\/\/routenote.com\/spotify#:~:text=You%20can%20distribute%20unlimited%20music,listeners%20all%20around%20the%20world.\">Spotify<\/a> can now make use of these pages, which feature a timer ticking down to the moment of release. Countdown Pages also offer options for engagement through <a href=\"https:\/\/routenote.com\/blog\/how-to-upload-spotify-clips\/\">Clips<\/a>, <a href=\"https:\/\/routenote.com\/blog\/spotify-are-boosting-merch-to-increase-sales-for-artists\/\">merch<\/a>, and <a href=\"https:\/\/blog.push.fm\/308\/how-to-create-a-pre-save-campaign-on-push-fm-drive-streams-and-engagement-before-release-day\/\">pre-saves<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"DizF5fmjnQ\"><a href=\"https:\/\/routenote.com\/blog\/routenote-artists-can-now-start-spotify-countdown-pages\/\">RouteNote artists can now start Spotify Countdown Pages<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;RouteNote artists can now start Spotify Countdown Pages&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/routenote-artists-can-now-start-spotify-countdown-pages\/embed\/#?secret=DizF5fmjnQ\" data-secret=\"DizF5fmjnQ\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3>Artists&#8217; global radio plays added to Apple Music<\/h3>\n\n\n\n<p>Artists can now see where their tracks are being played on over 40,000 radio stations around the world. <a href=\"https:\/\/routenote.com\/blog\/how-to-get-my-music-on-apple-music\/\">Apple Music<\/a> have added <a href=\"https:\/\/routenote.com\/blog\/what-is-shazam\/\">Shazam<\/a> data for radio stations that allows artists to easily see the reach their music is having on broadcasts globally. Radio data is available on <a href=\"https:\/\/routenote.com\/blog\/apple-music-for-artists\/\">Apple Music for Artists<\/a> now.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"cAInBmmtqO\"><a href=\"https:\/\/routenote.com\/blog\/apple-music-now-shows-artists-plays-from-radio-stations-around-the-world\/\">Apple Music now shows artists&#8217; plays from radio stations around the world<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Apple Music now shows artists&#8217; plays from radio stations around the world&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/apple-music-now-shows-artists-plays-from-radio-stations-around-the-world\/embed\/#?secret=cAInBmmtqO\" data-secret=\"cAInBmmtqO\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3>Streaming continues to grow as independent music skyrockets<\/h3>\n\n\n\n<p>A new report from <a href=\"https:\/\/luminatedata.com\/\">Luminate<\/a> shows that global on-demand audio streaming has risen by more than 15% in the first half of 2024. As music streaming continues to grow year-on-year, so does the prevalence of independent artists and labels. Luminate found that of the artists receiving 1-10 million streams on services in the first half of 2024, an astonishing 61.5% were independent.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"zHzoCBS9rP\"><a href=\"https:\/\/routenote.com\/blog\/streaming-boom-fuels-independent-artist-growth\/\">Streaming boom fuels independent artist growth!<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Streaming boom fuels independent artist growth!&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/streaming-boom-fuels-independent-artist-growth\/embed\/#?secret=zHzoCBS9rP\" data-secret=\"zHzoCBS9rP\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"1Hvu8KbOrN\"><a href=\"https:\/\/routenote.com\/blog\/2024-streams-are-up-15-1\/\">2024 streams are up 15.1% compared to the first six months of 2023<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;2024 streams are up 15.1% compared to the first six months of 2023&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/2024-streams-are-up-15-1\/embed\/#?secret=1Hvu8KbOrN\" data-secret=\"1Hvu8KbOrN\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3>Spotify overtakes top record label as the most valuable music company<\/h3>\n\n\n\n<p>The shifting dynamics of the music industry continue as the world&#8217;s biggest music company is no longer a major label. Spotify overtook Universal Music Group (UMG) this month to become the world&#8217;s biggest music company. As music streaming grows in double digits, UMG&#8217;s H1 grew only 6.5% &#8211; revealing that growth is being led by artists beyond the world&#8217;s top label.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"3ZjJJygmQ1\"><a href=\"https:\/\/routenote.com\/blog\/the-worlds-most-valuable-music-company\/\">Spotify just overtook UMG as the world&#8217;s most valuable music company<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Spotify just overtook UMG as the world&#8217;s most valuable music company&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/the-worlds-most-valuable-music-company\/embed\/#?secret=3ZjJJygmQ1\" data-secret=\"3ZjJJygmQ1\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"CtX7owHi8Z\"><a href=\"https:\/\/routenote.com\/blog\/the-worlds-biggest-label-is-dropping-off-as-indies-rise\/\">The world&#8217;s biggest label is dropping off as indies rise<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;The world&#8217;s biggest label is dropping off as indies rise&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/the-worlds-biggest-label-is-dropping-off-as-indies-rise\/embed\/#?secret=CtX7owHi8Z\" data-secret=\"CtX7owHi8Z\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3>TikTok take on Shazam with &#8216;Sound Search&#8217;<\/h3>\n\n\n\n<p><a href=\"https:\/\/routenote.com\/blog\/can-i-add-my-music-to-tiktok-for-free\/\">TikTok<\/a> have just launched their very own song-discovery feature &#8216;Sound Search&#8217;. It allows users to hum or sing to find a song. TikTok&#8217;s tool differs from competitors like Shazam and <a href=\"https:\/\/routenote.com\/blog\/free-youtube-music-distribution-2\/\">YouTube<\/a>&#8216;s Hum to Search as the results offer video content that uses the song. Users can use Sound Search by tapping the microphone icon in the search bar. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"sHMDXuJp5n\"><a href=\"https:\/\/routenote.com\/blog\/tiktok-sound-search-hum-to-search\/\">TikTok &#8216;Sound Search&#8217; is here to knock Shazam &#038; Hum to Search on their heads<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;TikTok &#8216;Sound Search&#8217; is here to knock Shazam &#038; Hum to Search on their heads&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/tiktok-sound-search-hum-to-search\/embed\/#?secret=sHMDXuJp5n\" data-secret=\"sHMDXuJp5n\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3>SoundCloud initiatives prevent artists having no plays<\/h3>\n\n\n\n<p>This year, <a href=\"https:\/\/routenote.com\/blog\/what-is-soundcloud\/\">SoundCloud<\/a> have been on a mission to give all artists a chance to reach their first audiences. Led by their new global head of music Emmy Lovell, new features like <a href=\"https:\/\/routenote.com\/blog\/new-soundcloud-algorithm-promotes-tracks-with-0-plays\/\">First Fans<\/a> ensure that artists reach their first 100 listeners. Their <a href=\"https:\/\/routenote.com\/blog\/soundcloud-are-boosting-unheard-artists-big-time\/\">Buzzing<\/a> playlists then help artists gaining traction to reach a wider audience. These features are available to artists on SoundCloud Next Pro.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"QuMZP8CCLq\"><a href=\"https:\/\/routenote.com\/blog\/soundcloud-dont-want-any-artist-to-have-zero-plays\/\">SoundCloud don&#8217;t want any artist to have zero plays<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;SoundCloud don&#8217;t want any artist to have zero plays&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/soundcloud-dont-want-any-artist-to-have-zero-plays\/embed\/#?secret=QuMZP8CCLq\" data-secret=\"QuMZP8CCLq\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3>YouTube and Spotify reveal continuous growth in 2024<\/h3>\n\n\n\n<p>The second quarter of 2024 has passed us by and seen impressive results from the titans of video and audio streaming. YouTube posted 13% year-on-year growth for ad revenue. Spotify revealed a 20% rise in revenue, becoming the most valuable music company in the world and making a profit as opposed to the same period last year.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"ia1ALpECjP\"><a href=\"https:\/\/routenote.com\/blog\/ad-revenue-youtube-q2-2024\/\">How much ad revenue does YouTube generate &#8211; Q2 2024 earnings<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;How much ad revenue does YouTube generate &#8211; Q2 2024 earnings&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/ad-revenue-youtube-q2-2024\/embed\/#?secret=ia1ALpECjP\" data-secret=\"ia1ALpECjP\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"eKGczKx7BP\"><a href=\"https:\/\/routenote.com\/blog\/spotify-record-q2-2024-profits\/\">Spotify reports record Q2 2024 profits, misses monthly user targets<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Spotify reports record Q2 2024 profits, misses monthly user targets&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/spotify-record-q2-2024-profits\/embed\/#?secret=eKGczKx7BP\" data-secret=\"eKGczKx7BP\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3>YouTube Shorts look set to overtake TikTok in the U.S.<\/h3>\n\n\n\n<p><a href=\"https:\/\/routenote.com\/blog\/using-youtube-shorts-as-an-artist\/\">YouTube Shorts<\/a> has been steadily growing since its launch in 2020. The platform took on the hugely successful TikTok as an alternative for short, vertical videos. Shorts now generates over 70 billion daily views and the latest data from Luminate shows that they are close to TikTok&#8217;s use by U.S. music listeners &#8211; set to overtake in the next year if their growth continues. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"pyk3SMaDwX\"><a href=\"https:\/\/routenote.com\/blog\/youtube-shorts-to-overtake-tiktok\/\">YouTube Shorts is set to overtake TikTok<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;YouTube Shorts is set to overtake TikTok&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/youtube-shorts-to-overtake-tiktok\/embed\/#?secret=pyk3SMaDwX\" data-secret=\"pyk3SMaDwX\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h3>A bunch of new AI DJs step onto the scene<\/h3>\n\n\n\n<p>Spotify have led the way with their AI DJ, which is now available to millions more as they&#8217;ve released a Spanish language version. Now Deezer and YouTube Music are joining in the party with the launch of their own AI playlist generators. They allow users to create an input that the AI will use to produce a thematic playlist of music.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"8yteC4tyHd\"><a href=\"https:\/\/routenote.com\/blog\/spotify-ai-dj-in-spanish\/\">Spotify AI DJ is now available to millions of more people<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Spotify AI DJ is now available to millions of more people&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/spotify-ai-dj-in-spanish\/embed\/#?secret=8yteC4tyHd\" data-secret=\"8yteC4tyHd\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"JctmXOjHcO\"><a href=\"https:\/\/routenote.com\/blog\/deezer-launches-playlist-with-ai\/\">Deezer launches Playlist with AI &#8211; create playlists from text prompts<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Deezer launches Playlist with AI &#8211; create playlists from text prompts&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/deezer-launches-playlist-with-ai\/embed\/#?secret=JctmXOjHcO\" data-secret=\"JctmXOjHcO\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-routenote-blog wp-block-embed-routenote-blog\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"fhZAo9OVbN\"><a href=\"https:\/\/routenote.com\/blog\/youtube-music-are-the-next-to-bring-you-an-ai-dj\/\">YouTube Music are the next to bring you an AI DJ<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;YouTube Music are the next to bring you an AI DJ&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/youtube-music-are-the-next-to-bring-you-an-ai-dj\/embed\/#?secret=fhZAo9OVbN\" data-secret=\"fhZAo9OVbN\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center\"><strong><a href=\"http:\/\/www.routenote.com\/blog\">Stay tuned to the RouteNote Blog for all of the latest news across the industry as well as tips and tricks for musicians and more &#8211; updated daily.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This summer we&#8217;re seeing independent music reign as streaming continues to grow and AI take a bigger place in the music world.<\/p>\n","protected":false},"author":12,"featured_media":100541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[5802,1015,825,10264,70],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - 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