Music Streaming Royalties Rise Rapidly in JapanEconomy Music Society
The Japanese Society for Rights of Authors, Composers, and Publishers announced that in 2020 there had been a 4.3% drop in royalties from the previous year to ¥112.6 billion. Revenue was hit by the COVID-19 pandemic, which led to the postponement and cancellation of events, and suspension of business and closures among establishments providing food and entertainment. Interactive streaming saw rapid growth, however, with a 48% year-on-year increase to ¥32.2 billion, surpassing the revenue from broadcasting for the first time ever.
Interactive streaming has been on the rise since 2015 due to the growing popularity of subscription services, where users can listen to music for a fixed fee, becoming more widespread. In 2020, with people having to stay home due to the pandemic, use of subscription and video streaming services rose even further. Live streaming services were popular too.
In contrast, when the first state of emergency was announced in April 2020, concerts and live performances had to be completely cancelled, leading to revenue from performances dropping by a massive 36.2% from the previous year to ¥15.4 billion. Broadcast revenue decreased 3% to ¥30 billion.
The work that generated the highest royalties through distribution by JASRAC was “Gurenge” (Red Lotus) by LiSA, which is used as the theme song for the popular TV animation Demon Slayer: Kimetsu no Yaiba.
Top 10 Japanese Musical Works by Royalty Distribution
|1||“Gurenge” (Red Lotus)||LiSA|
|2||“Pretender”||Official Hige Dandism|
|4||“Hakujitsu” (Broad Daylight)||King Gnu|
|5||“Kimi no uta” (Your Song)||Arashi|
|6||“I Love. . .”||Official Hige Dandism|
|7||Demon Slayer: Kimetsu no Yaiba BGM||―|
|8||“Ito” (Thread)||Nakajima Miyuki|
|9||“Shukumei” (Destiny)||Official Hige Dandism|
(Translated from Japanese. Banner photo © Pakutaso.)