Music Industry News 2013
by Alex Cosper (10/11/14)

2013 Rock and Roll Hall of Fame Inductees

Heart, Albert King, Randy Newman, Public Enemy, Rush, Donna Summer, Lou Adler, Quincy Jones

Grammy Awards February 2013

Record of the Year - Gotye featuring Kimbra - Somebody That I Used To Know
Album of the Year - Mumford & Sons - Babel
Song of the Year - Jack Antonoff, Jeff Bhasker, Andrew Dost, Nate Reuss - We Are Young
Best New Artist of the Year - Fun.

List of Music Industry Deaths in 2013

Patty Andrews - age 94, died 1/30/13 of natural causes, singer for The Andrews Sisters
Bobby "Blue" Bland - age 83, died 6/23/13 of natural causes, r&b singer
Leroy "Sugarfoot" Bonner - age 69, died 1/26/13 of cancer, lead vocalist of Ohio Players
Clive Burr - age 56, died 3/12/13 of unknown cause, drummer of Iron Maiden
Phil Chevron - age 56, died 10/8/13 of cancer, singer, songwriter and guitarist of The Pogues
Jim Fogelsong - age 90, died 7/9/13 following a brief illness, record executive and music producer
Jeff Hanneman - age 49, died 5/2/13 of liver failure, singer and guitarist of Slayer
Richie Havens - age 72, died 4/22/13 of a heart attack, singer/guitarist
George Jones - age 81, died 4/26/13 of hypoxic respiratory failure, country singer
Marvin Junior - age 77, died 5/29/13 of heart and kidney complications, singer for The Dells
Allen Lanier - age 66, died 8/14/13 of pulmonary disease, keyboardist and guitarist for Blue Oyster Cult
Alvin Lee - age 68, died 3/16/13 of surgery complications, guitarist and leader of Ten Years After
Ray Manzarek - age 74, died 5/20/13 of cancer, keyboardist of The Doors
Scott Miller - age 53, died 4/15/13 unexpectedly, singer of Game Theory
Alan Myers - age 58, died 6/24/13 of stomach cancer, drummer for Devo
Reg Presley - age 71, died 2/4/13 of lung cancer, lead vocalist of The Troggs
Phil Ramone - age 79, died 3/30/13 of an aortic aneurysm, record producer
Lou Reed - age 71, died 10/27/13 of liver failure, singer of Velvet Underground
Bobby Smith - age 76, died 3/16/13 of pneumonia complications and influenza, singer for The Spinners
Cleotha Staples - age 78, died 2/21/13 of Alzheimer's, singer for The Staple Singers
Robert Zildjian - age 89, died 3/28/13 of cancer, founder of Zildjian cymbal company

Top Grossing Concert Acts of 2013

Here are the top grossing concert tours of the year rounded to the nearest million as reported by Billboard Boxscores: 1. Bon Jovi ($205 million), 2. Michael Jackson The Immortal World Tour by Cirque Du Soleil ($153 million), 3. P!nk ($148 million), 4. Bruce Springsteen & The E Street Band ($148 million), 5. Rihanna (#138 million), 6. The Rolling Stones ($126 million), 7. Taylor Swift ($115 million), 8. Beyonce ($104 million), 9. Depeche Mode ($100 million), 10. Kenny Chesney ($91 million).

Country Is Top Internet Genre

Country music turns out to be the most popular online musical genre in 2013, according to a study released in 2014 by NPD. The runner-up genres were classic rock of the 60s thru 80s followed by current pop. Country also came out on top in overall music buyers and CD buyers, whereas current pop was the leading category for digital music buyers.

Justin Timberlake Has Top Selling Album of 2013

Justin Timberlake's album The 20/20 Experience was the top selling album of 2013, according to Nielsen Soundscan. It sold over 2 million copies and was the only album of the year to sell over one million units, although Bruno Mars came close with Unorthodox Jukebox.

SoundCloud Grows Revenue and Expenses at a Loss

Online music recording and sharing platform SoundCloud grew its revenue that was outweighed by costs in 2013. SoundCloud reported it earned $14 million in revenue for the year, which was a 40 percent improvement from the previous year, but posted a $29 million net loss. The site attracted 175 million users per month.

Nashville Music Economy Near $10 Billion

The impact of music on the Nashville economy was reported to be $9.65 billion in a study conducted by the Nashville Area Chamber of Commerce, as reported by The Tennessean. The study also found that there are 4.19 times as many music jobs in the Nashville region compared with the national average. The region's 27,000 music jobs outpaces Los Angeles, New York and Austin. These figures were higher than a 2006 Belmont University and chamber study that found the region has 19,000 music jobs with a $6.4 billion economic impact.

BMI Hits Record Year Approaching $1 Billion in Songwriting Revenue

Performance rights organization BMI, which collects royalties for songwriters and music publishers, reported that it collected record revenues of $977 million for 2013. The organization distributed $840 million to its members. Trims Losses

London-based music streaming service, which is owned by CBS, posted a net loss of $3.4 million in 2013, according to financial publication Companies House. Revenues fell by over 20 percent from the previous year from 10.3 million to 7.9 million. The company cuts some tech jobs as its staff shrunk from 61 to 35. See also:

History of Classical Music
How to start a music project
Tips on how to produce music
Job of a live sound engineer
Affordable ways to promote music online

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