music releases and the effect in social media

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Music releases and the effect in social media Jim Reynolds [email protected] Twitter.com/jimmyrey

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A social media analysis using Alterian SM2. This is focused on the music industry since early April.

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Page 1: Music releases and the effect in social media

Music releases and the effect in social media

Jim [email protected]/jimmyrey

Page 2: Music releases and the effect in social media

Background As you may know or not know I'm a huge music fan and a social

media junky (please do not call me a social media guru).  That being said I've put together a small analysis focused on many of the largest albums out over the last six months.  The opinions expressed below are mine and not of my employer Alterian Inc.

Nearly a month ago I put out a handful of tweets after listening to the first single off of Eminem's Recovery and I settled on the following set of artists to run in SM2

Eminem - Recovery Lady Antebellum - Need you now Ke$ha - Animal John Mayer - Continuum Stone Temple Pilots - Stone Temple Pilots Usher - Raymond v. Raymond Lady Gaga - The Fame Jack Johnson - In the Sea Godsmack - The Oracle Drake - Thank Me Later

Page 3: Music releases and the effect in social media

SetupDetails

Setup in Alterian SM2• Artist + Album Name•Filters Into Category (tags)•No limits on Language or Country*Spam filtering enabled

Setup in Alterian SM2

Page 4: Music releases and the effect in social media

Trend Analysis

Analysis•Nearly all albums leak now, and social media fuels the sharing of downloads.

•When a album leaks the spike of the leak is nearly always larger that the actual album release date.

•The social media drop off is not nearly as steep on a week over week basis vs. the drop in album sales.

The most active artists in Social Media (John Mayer & Chamillionaire) are the least spoken about overall as it relates to their latest albums. *Chamillionaire's album was due to be released the same day as recovery but was pushed back a week before the release date.Is Rock Dead? - From the social media data points, not much is being talked about here.Eminem & Drake's new albums dominated the conversation from June going forward.

Daily Volume

Page 5: Music releases and the effect in social media

Competitive Analysis Artist vs Artist

Totals

Page 6: Music releases and the effect in social media

Competitive Analysis Artist vs Artist

Analysis

•The most active artists in Social Media (John Mayer & Chamillionaire) are the least spoken about overall as it relates to their latest albums. *Chamillionaire's album was due to be released the same day as recovery but was pushed back a week before the release date.

•Is Rock Dead? - From the social media data points, not much is being talked about here.

•Eminem & Drake's new albums dominated the conversation from June going forward.

Totals trend over time

Page 7: Music releases and the effect in social media

Eminem vs. Drake

Page 8: Music releases and the effect in social media

Eminem vs. DrakeAnalysis

•The patterns between Eminem’s & Drake’s releases are eerily similar.

•As highlighted before the leaks had equal to if not more conversations that the actual album releases

Page 9: Music releases and the effect in social media

Eminem vs. DrakeEminem – Recovery Milestones

•4/30- Not Afraid Single Released•5/24- Album Artwork Released•6/8 – Album Leaked•6/21 – Album Released

Page 10: Music releases and the effect in social media

Eminem vs. DrakeEminem – Recovery by Social Media Type

Social Media Type Posts

Microblog4179

1Message Board/Forum

12823

Media Types - Other1271

5Social Network 6077Blog 5291Video/Photo Sharing 2801Wiki 2634Analysis• Message

boards appear to break the story

• Twitter then takes off with the conversation

Page 11: Music releases and the effect in social media

Eminem vs. DrakeAnalysis

•Since the first leak of Not Afraid the majority of feedback was positive.

•When the album was released a huge spike in positive opinion.

Sentiment Analysis of Eminem - Recovery

Page 12: Music releases and the effect in social media

Eminem vs. Drake

Social Media Posts Record Sales SM Drop Sales DropLeak 31122 0Week 1 26433 741,000 85%Week 2 11607 313,000 44% 42%

Album sales figures from www.billboard.com

Page 13: Music releases and the effect in social media

Eminem vs. DrakeDrake – Thank Me Later Milestones

•4/29- Official Album release date announced•5/22- Official Track List Released•6/2 – Album Leaked•6/15 – Album Released

Page 14: Music releases and the effect in social media

Eminem vs. DrakeDrake – Thank Me Later by Social Media Type

Social Media Type Posts

Microblog1822

2Media Types - Other 7576Blog 4622Message Board/Forum 4258Social Network 2941Video/Photo Sharing 1078Wiki 827Analysis• Much like

Eminem’s data message boards break the story

• Twitter then takes off with the conversation

Page 15: Music releases and the effect in social media

Eminem vs. DrakeAnalysis

•Very positive initial reviews when first album tracks were leaked.

•When album leaked slight majority of posts were negative.

Sentiment Analysis of Drake – Thank me later

Page 16: Music releases and the effect in social media

Eminem vs. Drake

Social Media Posts Record Sales SM Drop Sales DropLeak 14525 0Week 1 12466 447,000 86%Week 2 5649 157,000 45% 35%Week 3 3234 105,000 57% 67%

Page 17: Music releases and the effect in social media

Learnings

Social Media is driving much of music today knowing this labels must be proactive in promoting via social channels.

Promotion can be driven via twitter, Facebook but you cant forget the community in the boards.

A good product helps , as reflected by the sales figures.