2022 in Music: The Year TikTok Takes Over 21 Jan 2022
Viberate’s latest music industry report lays out expectations for this year.
Music research and analytics platform Viberate have just published their annual “State of Music” address. To make it, Viberate analyzed massive amounts of data (more than a trillion data points, thousands of artists and playlists, millions of tracks and videos, and hundreds of festivals) gathered from key social media and music channels, including Spotify, TikTok, Instagram, Beatport and radio.
The report draws unbiased conclusions, such as which artists performed the best in their respective genres, what got played and liked on different channels in 2021, and which key music trends to look out for in 2022.
The data shows that of all the analyzed artists, only 1% rule the social media and music channels. The lion’s share of engagement and fanbase growth belongs to the top 500 artists, pushing the artists in the long tail of streaming and social media into inventing solid promotional strategies if they wish to break through.
It is also interesting to see that Hip Hop and K-Pop artists are smashing it in streaming but are snubbed on the radio. While online engagement numbers crown Hip Hop and K-Pop as two of the most popular genres, radio is all about Pop and Rock. Multilingual (non-English) tracks thrive online but seem to have trouble getting through radio gatekeepers. Trends suggest that may yet change in 2022.
According to the data, some of the trends that will define the music business in 2022 are: (1) multilingual music going more mainstream, (2) personalization at the forefront, (3) TikTok acting as a career launchpad, (4) short videos gaining power, and (5) further blending of genres. Here’s a short rundown of each trend (for the full list, see the link below):
Multilingual music will go more mainstream. South Korean sensation BTS made it onto Viberate’s top 5 list on almost every channel, while YouTube saw a huge rise in the popularity of Asian Pop and Latin genres (especially Reggaeton). Unlike radio or TV, online music channels have little to no gatekeepers, thus pushing non-English music into the mainstream.
“Personalized everything” will drive an artist’s success. This means that labels, artists and other professionals will benefit from fan-first approaches to their promotion, merch and distribution. Personalized experiences also go hand-in-hand with securing digital revenue such as tipping, NFTs or paid subscriptions.
TikTok will act as a career launchpad. Not only was TikTok the most visited website in 2021, it also helped artists like Tokischa, Will Paquin or Crawlers break through and boost their streaming numbers. In a way, Spotify “seals the deal” – the artists who transform a TikTok hit into solid streams are the ones with real potential. We can therefore expect more talent discovery and promotional efforts to focus on TikTok and social media.
Short videos will rule. Easily digestible formats such as TikTok videos will be the most useful promotional format for artists to stand out and get discovered. As audiences celebrate the DIY approach, content will be more important than production value.
Genre lines will blur further. Rising and breakthrough acts such as PinkPantheress prove genre bending and blending is more popular than ever. Artists and their audiences prefer moods to traditional genre labels, with the trend extending to popular streaming playlists for specific occasions (driving, studying, relaxing, etc.). For example, Spotify’s “Songs to Sing in the Shower” playlist has a hefty 6.4M followers.
See the “State of Music” address for the full list of trends, best-performing artists and music tastes of 2021.
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THE HEADLINES
BPI CEO calls on music industry and government to unite around 5 key priorities to support human artistry and sustainably promote British music (see News)
Hipgnosis Song Management fires back at Songs Fund board (see Business)
Blackstone bid for Hipgnosis receives backing from board (see Business)
Taylor Swift’s new album breaks Spotify records (see News)
Independence - what’s up with that BPI press release about 2023 music consumption? (see Comment)
Creator Remuneration Working Group meet for the first time (see News)
Concord's takeover of Hipgnosis (see Analysis)
Concord set to acquire Hipgnosis Songs Fund (see Business)
Is the music industry gaslighting artists? (see Comment)
BPI’s new Yearbook highlights an independent sector growing for a sixth consecutive year (see Reports)
Can’t cross the moat? Walk around it. (see Comment)
The conversation around Fandom needs to change (see Opinion)
Viagogo: Carrying on ticketing, despite the controversy (see News)
Taylor Swift songs return to TikTok (see Digital)
Spotify plans new remixing tools for the TikTok generation (see Digital)
Is Spotify plotting a largescale push into short-form video? (see Digital)
AIM CEO Silvia Montello resigns for personal reasons (see News)
The techification of entertainment (and why it needs to reverse) (see Comment)
AI music startup Udio launches backed by artists and Instagram’s co-founder (see Digital)