The MBW Review is where we aim our microscope towards some of the music biz’s biggest recent goings-on. This time, we drill down into a remarkable set of numbers contained within MRC Data‘s new report on the US music industry in 2021. The MBW Review is supported by Instrumental.
UPDATE: The below analysis from MBW was based upon statistics that appeared in MRC Data’s end-of-year report for 2021, which was originally published on Thursday, January 6.
The following Monday (January 10), MRC Data reissued its end-of-year report with revised numbers for catalog vs. current consumption. These corrected figures differed substantially to the numbers that MRC initially published.
With this in mind, and in keenness not to mislead our readers, MBW has re-calculated our analysis based on MRC’s corrected full-year figures.
The short version: according to MBW analysis* based on these new MRC Data figures, catalog music claimed 73.1% of the US music consumption market in the second half of 2021.