{"id":101271,"date":"2024-10-01T10:00:00","date_gmt":"2024-10-01T09:00:00","guid":{"rendered":"https:\/\/routenote.com\/blog\/?p=101271"},"modified":"2024-10-01T09:48:32","modified_gmt":"2024-10-01T08:48:32","slug":"industry-news-september-2024","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/industry-news-september-2024\/","title":{"rendered":"The biggest music industry news | September 2024"},"content":{"rendered":"\n<h2><span style=\"color:#3366FF\">AI tools continue to develop on both creator and consumer side, as Spanish language territories\u2019 music industries flourish and independent artists are championed through acceleration programs. <\/span><\/h2>\n\n\n\n<h3>U.S. music revenues reach $8.65 Billion in H1 2024<\/h3>\n\n\n\n<p>In the first half of 2024, the U.S. recorded music industry hit $8.65 billion, driven by the dominance of streaming services and a continued surge in vinyl sales. While streaming remains the leading contributor, growth has slowed, rising by just 3.8%, reflecting a maturing market. Although modest, CDs continued to experience growth as well, at around  0.3%.<\/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=\"T1XbJ4QkRX\"><a href=\"https:\/\/routenote.com\/blog\/riaa-reports-record-music-revenues-for-2024-so-far\/\">RIAA reports record music revenues for 2024 so far<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;RIAA reports record music revenues for 2024 so far&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/riaa-reports-record-music-revenues-for-2024-so-far\/embed\/#?secret=T1XbJ4QkRX\" data-secret=\"T1XbJ4QkRX\" 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>Brazil pushes rise of the Global South<\/h3>\n\n\n\n<p>Brazil&#8217;s recorded music industry grew 21% in the first half of 2024, with 99.2% of the revenue driven by streaming. Subscription numbers also surged, marking the country as a key player in the global music market and solidifying that the global south is a <a href=\"https:\/\/musicindustryblog.wordpress.com\/2024\/05\/23\/midia-research-2024-2031-global-music-forecasts-rise-of-the-global-south\/\">rising market<\/a> within the music industry.<\/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=\"fUjgxS8gzl\"><a href=\"https:\/\/routenote.com\/blog\/recorded-music-revenue-brazil\/\">Streaming in Brazil dominates as recorded music industry displays encouraging 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 in Brazil dominates as recorded music industry displays encouraging growth&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/recorded-music-revenue-brazil\/embed\/#?secret=fUjgxS8gzl\" data-secret=\"fUjgxS8gzl\" 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>Spain\u2019s music industry skyrockets<\/h3>\n\n\n\n<p>Spain&#8217;s recorded music industry generated \u20ac249.8 million in the first half of 2024, marking a 16.6% increase from the previous year. Digital music, driven by streaming, accounted for nearly 90% of the total revenue, while vinyl sales continued to grow steadily.<\/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=\"VtzDFGL85D\"><a href=\"https:\/\/routenote.com\/blog\/spains-music-industry-is-skyrocketing-in-2024\/\">Spain&#8217;s music industry is skyrocketing in 2024<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Spain&#8217;s music industry is skyrocketing in 2024&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/spains-music-industry-is-skyrocketing-in-2024\/embed\/#?secret=VtzDFGL85D\" data-secret=\"VtzDFGL85D\" 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>Soundcloud launches new artist breakout program<\/h3>\n\n\n\n<p>SoundCloud has introduced &#8220;Ascending,&#8221; a new program that promotes rising artists like Shaboozey and Teezo Touchdown. Artists featured in Ascending see a very healthy follower growth of 60% and double their streams during the promotion, which focuses on boosting those already gaining traction on the platform.<\/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=\"kYCO9zZ2Hs\"><a href=\"https:\/\/routenote.com\/blog\/soundcloud-reveal-breakout-artist-promo-program\/\">SoundCloud reveal breakout artist promo program<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;SoundCloud reveal breakout artist promo program&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/soundcloud-reveal-breakout-artist-promo-program\/embed\/#?secret=kYCO9zZ2Hs\" data-secret=\"kYCO9zZ2Hs\" 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>Tencent expands global reach with music outreach program<\/h3>\n\n\n\n<p>Tencent\u2019s new Global Music Outreach Initiative aims to support emerging artists and foster international cultural exchange through music. Similar to SoundCloud\u2019s Ascending program, Tencent will help rising musicians gain exposure and mentorship, while promoting cross-cultural collaborations and music festivals to connect artists with global audiences.<\/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=\"eaM3ciUPr4\"><a href=\"https:\/\/routenote.com\/blog\/tencents-music-outreach-bringing-harmony-worldwide\/\">Tencent&#8217;s Music Outreach: Bringing harmony worldwide<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Tencent&#8217;s Music Outreach: Bringing harmony worldwide&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/tencents-music-outreach-bringing-harmony-worldwide\/embed\/#?secret=eaM3ciUPr4\" data-secret=\"eaM3ciUPr4\" 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 expands AI tools for content creators and launches new features<\/h3>\n\n\n\n<p>YouTube is expanding its AI-powered auto-dubbing feature, allowing creators to automatically translate videos into multiple languages to reach global audiences. Additionally, the new Dream Screen tool in YouTube Shorts generates photorealistic AI videos, enabling creators to produce imaginative and dynamic content effortlessly.<\/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=\"O7RoqRAHBA\"><a href=\"https:\/\/routenote.com\/blog\/youtube-auto-dubbing-expansion\/\">YouTube set to expand AI-powered auto-dubbing feature<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;YouTube set to expand AI-powered auto-dubbing feature&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/youtube-auto-dubbing-expansion\/embed\/#?secret=O7RoqRAHBA\" data-secret=\"O7RoqRAHBA\" 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=\"g75m42sFDa\"><a href=\"https:\/\/routenote.com\/blog\/youtubes-new-tool-produces-photorealistic-ai-video-in-shorts\/\">YouTube&#8217;s new tool produces photorealistic AI video in Shorts!<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;YouTube&#8217;s new tool produces photorealistic AI video in Shorts!&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/youtubes-new-tool-produces-photorealistic-ai-video-in-shorts\/embed\/#?secret=g75m42sFDa\" data-secret=\"g75m42sFDa\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<h3>Plus, YouTube unveils new features for Shorts and creator engagement<\/h3>\n\n\n\n<p>YouTube Shorts now includes &#8220;Add Yours&#8221; stickers, encouraging community participation by allowing users to contribute to trends directly within videos. Additionally, YouTube has launched the Community hub, designed to foster deeper interactions between creators and their audiences. This new hub centralises posts, polls, and engagement tools, offering creators more ways to connect with fans.<\/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=\"B0lDTptTDN\"><a href=\"https:\/\/routenote.com\/blog\/youtube-shorts-gets-add-yours-stickers\/\">YouTube Shorts gets &#8216;Add Yours&#8217; stickers<\/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 gets &#8216;Add Yours&#8217; stickers&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/youtube-shorts-gets-add-yours-stickers\/embed\/#?secret=B0lDTptTDN\" data-secret=\"B0lDTptTDN\" 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=\"vbFbUvcNRt\"><a href=\"https:\/\/routenote.com\/blog\/youtube-launch-community-a-hub-for-engagement\/\">YouTube launch Community: A hub for engagement<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;YouTube launch Community: A hub for engagement&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/youtube-launch-community-a-hub-for-engagement\/embed\/#?secret=vbFbUvcNRt\" data-secret=\"vbFbUvcNRt\" 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>SoundExchange announces AI music registry<\/h3>\n\n\n\n<p>SoundExchange has announced plans to create an extensive music registry designed to protect rightsholders. The registry aims to streamline information for AI tools in regards to training models, ensuring that any music where permission has not been given is not used for training. The registry will be built off of SoundExchange&#8217;s comprehensive ISRC database, and hopes to give creators control while centralising resources for AI companies.<\/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=\"2p2F2kcB2Q\"><a href=\"https:\/\/routenote.com\/blog\/soundexchange-ai-music-registry\/\">SoundExchange is planning an AI music registry to protect rightsholders<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;SoundExchange is planning an AI music registry to protect rightsholders&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/soundexchange-ai-music-registry\/embed\/#?secret=2p2F2kcB2Q\" data-secret=\"2p2F2kcB2Q\" 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 Premium announces price increase<\/h3>\n\n\n\n<p>YouTube has announced a price hike for its Premium subscription service, which will now cost $13.99 per month, up from $11.99. The increase reflects ongoing investments in platform features and content, as well as the rising costs of providing ad-free experiences and exclusive content for subscribers.<\/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=\"9bJpXpoH3x\"><a href=\"https:\/\/routenote.com\/blog\/youtube-premium-are-increasing-the-price\/\">YouTube Premium are increasing the price of subscriptions over the next couple of months<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;YouTube Premium are increasing the price of subscriptions over the next couple of months&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/youtube-premium-are-increasing-the-price\/embed\/#?secret=9bJpXpoH3x\" data-secret=\"9bJpXpoH3x\" 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 expands daylist globally in 14 new languages<\/h3>\n\n\n\n<p>Spotify has expanded its daylist playlisting feature worldwide, while making it available in 14 new languages. These languages include Arabic, Catalan, French (Canada), French (France), German, Indonesian, Italian, Japanese, Korean, Polish, Portuguese (Brazil), Spanish (Spain), Spanish (Mexico), and Turkish. Originally launched just in English last year, daylist now allows users across the globe to enjoy personalised playlists in their native language, tailored to time and mood throughout the day.<\/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=\"YEPdAc56Re\"><a href=\"https:\/\/routenote.com\/blog\/spotify-launch-daylist-globally\/\">Spotify launches daylist globally in 14 new languages, including Spanish, Arabic and Portuguese<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Spotify launches daylist globally in 14 new languages, including Spanish, Arabic and Portuguese&#8221; &#8212; RouteNote Blog\" src=\"https:\/\/routenote.com\/blog\/spotify-launch-daylist-globally\/embed\/#?secret=YEPdAc56Re\" data-secret=\"YEPdAc56Re\" 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<p class=\"has-text-align-center\"><strong><a href=\"https:\/\/routenote.com\/blog\/\">Stay up to date with the biggest news in the music industry, as well as updates from RouteNote and partners by checking out the RouteNote blog.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI tools continue to develop on both creator and consumer side, as Spanish language territories\u2019 music industries flourish and independent artists are championed through acceleration programs. U.S. music revenues reach $8.65 Billion in H1 2024 In the first half of 2024, the U.S. recorded music industry hit $8.65 billion, driven by the dominance of streaming services and a continued surge in vinyl sales. While streaming remains the leading contributor, growth has slowed, rising by just 3.8%, reflecting a maturing market. Although modest, CDs continued to experience growth as well, at around 0.3%. Brazil pushes rise of the Global South Brazil&#8217;s&#8230;<\/p>\n","protected":false},"author":27,"featured_media":101301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[19876],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The biggest music industry news | September 2024 - RouteNote Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/routenote.com\/blog\/industry-news-september-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The biggest music industry news | September 2024 - RouteNote Blog\" \/>\n<meta property=\"og:description\" content=\"AI tools continue to develop on both creator and consumer side, as Spanish language territories\u2019 music industries flourish and independent artists are championed through acceleration programs. U.S. music revenues reach $8.65 Billion in H1 2024 In the first half of 2024, the U.S. recorded music industry hit $8.65 billion, driven by the dominance of streaming services and a continued surge in vinyl sales. While streaming remains the leading contributor, growth has slowed, rising by just 3.8%, reflecting a maturing market. Although modest, CDs continued to experience growth as well, at around 0.3%. Brazil pushes rise of the Global South Brazil&#8217;s...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/routenote.com\/blog\/industry-news-september-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"RouteNote Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-01T09:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-01T08:48:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2024\/10\/pexels-a-darmel-9040635.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"4761\" \/>\n\t<meta property=\"og:image:height\" content=\"3174\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Johanna Campbell\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/routenote.com\/blog\/#organization\",\"name\":\"RouteNote\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"contentUrl\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"RouteNote\"},\"image\":{\"@id\":\"https:\/\/routenote.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/routenote.com\/blog\/#website\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"name\":\"RouteNote Blog\",\"description\":\"The World of Digital Music - 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