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Enter the Metrics: Data for May and June to Shed Light on How COVID-19 Will Impact the Music Biz

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With the country caught in an unprecedented pandemic, music industry trend-watchers can look to a few metrics to cut through the noise of constant coronavirus coverage, improve their forecasts and make tactical decisions.

Music is often said to be recession-proof; in the next couple years we may find out if music is also depression-proof; but over the past month, music has proved not to be pandemic-proof: live events, the prime revenue source for many musicians, abruptly stopped in March.

As for recorded music, the next two months will shed light on how joblessness will affect subscriptions and what to expect from ad-supported streaming services while brands pull back ad spending. Key Takeaways  1.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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