DiMA January Newsletter – 2022 Roundup
1. Review: Looking Back at DiMA’s 2022
Happy New Year! As we turn to 2023, we would like to take a moment and look back at some highlights of 2022. Here are a few key developments from the past year…
Phonorecords IV Agreement: DiMA members reached a landmark settlement with music publishers, leading to higher royalty rates for publishers and songwriters and promoting sustainability, innovation, and continued investment in the music industry. Read about it here.
The Value of Streaming: A report from Musonomics explained how streaming has made the music industry more resilient and contributed 61.5% to the value of music transactions in 2021. Read more from DiMA here.
The Latin Music Listener: In celebration of Hispanic Heritage Month, DiMA explored the enormous reach and popularity of Latin Music with a new survey report that found 55% of all music listeners say they discovered Latin music through streaming services.
2. Spotlight: Top Songs of 2022
Streamed to the top: An analysis by the DiMA reviews year-end data and charts from DiMA’s member companies – Amazon, Apple Music, Pandora, Spotify, and YouTube – highlighting how Bad Bunny’s hits propelled Latin music into the top of every platform’s charts. Harry Styles’ “As It Was” and Bad Bunny & Chencho Corleone’s “Me Porto Bonito” were repeated favorites, making four out of five ‘Top 2022’ lists. See DiMA’s full analysis here.
You can listen to playlists from DiMA’s analysis on your favorite streaming service:
- Amazon’s Alexa’s most requested songs of 2022 showed fans had a rollercoaster of a year, bouncing from “Easy On Me” by Adele to the social media favorite “Jiggle Jiggle” by Duke & Jones & Louis Theroux.
- Apple‘s top songs showoff the variety of listeners’ tastes, including “STAY” by The Kid LAROI & Justin Bieber, “Super Gremlin” by Kodak Black, and “abcdefu” by GAYLE.
- Pandora’s top songs detailed the popularity of established rap artists, with listeners celebrating to Future’s “WAIT FOR U” and Jack Harlow’s “First Class”.
- Spotify’s top tracks solidified Latin music as a true fan favorite, with almost half of listener’s top tracks holding a Latin influence. This includes “Me Porto Bonito’, “Tití Me Preguntó”, and “Ojitos Lindos” by Bad Bunny and other collaborators.
- YouTube’s top music videos highlighted the influence of movies and television shows on the top charts, heralding “We Don’t Talk About Bruno” from Encanto and “Enemy” from the Netflix series Arcane as listeners’ favorite streams.
3. Up Next: NY:LON 2023
DiMA kicks off 2023 with a policy discussion at NY:LON Connect, an annual gathering of industry experts hosted by the Music Business Association and Music Ally. The event aims to drive positive change by giving power players space to address issues for the coming year. Alternating with New York City year-by-year, this year’s conference will take place in London on January 16 and 17.
Who: DiMA President and CEO Garrett Levin will speak at the conference on global approaches to the streaming economy. Other speakers who will appear with Levin include:
• Helen Smith, Executive Chair, IMPALA (Belgium)
• Tom Gray, Chair, Ivors Academy (UK)
• Garrett Levin, President & CEO, DIMA (US)
• Kris Ahrend, CEO, MLC (US)
• Chair: Molly Neuman, CMO, Downtown Music Holdings (US)
Main Topic: fairness and transparency of the modern music industry.
