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FYI

Luminate Data Market Watch Facts & Figures: Feb. 22, 2024

Here is this week's Luminate Data Market Watch report which features Canadian music stats for the current week and year-to-date comparisons to last year.

Luminate Data Market Watch Facts & Figures: Feb. 22, 2024

Here is this week's Luminate Data Market Watch report which features Canadian music stats for the current week and YTD with comparisons to last year. This chart is published every Tuesday. The abbreviation "TEA" is a term used to describe the sale of music downloads or singles. A track equivalent album is equal to 10 tracks, or 10 songs.

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University of Alberta Study Finds 87% of Canadian Musicians View Generative AI ‘Negatively’
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Tech

University of Alberta Study Finds 87% of Canadian Musicians View Generative AI ‘Negatively’

The Western Canadian university surveyed 263 Canadian musicians about their thoughts on AI’s rampant rise and the use of streaming services as an artistic tool.

A new study from the University of Alberta surveyed 263 “working Canadian musicians,” asking them about their experiences working in the evolving music industry. As respondents discussed an increase in the industry’s tech advancements, namely generative AI, many were not optimistic.

Of the 142 participants who highlighted the rapid use of AI, 87% viewed it “negatively.” Many shared they are actively avoiding the tool in their music, with some explaining that it’s devaluing human-made work. As AI continues to affect the music industry, participants say that it’s becoming a challenge to bring in new listeners and earn a livable wage.

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