Concert films and music documentaries drove music revenue. That is just one key takeaway from the 2024 Year-End Music Report by entertainment data and insights company Luminate, which was published on Wednesday.
The fact that music docs mean business is evident from some insights in the report. “Concert films and music documentaries once again demonstrated their value to both streaming platforms, with Netflix, Prime Video, and Disney+ leading the charge to satiate consumer demand for the format, and music rights holders, who benefit from associated streaming surges and royalties,” the report highlighted.
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Luminate’s Streaming Viewership tool highlighted the most-watched music documentaries across all major platforms in 2024, led by Netflix’s The Greatest Night in Pop, about the night in 1985 when the industry’s biggest stars came together to record “We Are the World.” Since making its debut in January 2024, it reached 1.27
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