Day: 3 janvier 2018

20 music/tech startups we’ll be watching in 2018

Here at Music Ally, we covered a lot of new music/tech startups for the first time in 2017. We’ve now chosen 20 of them that we think have the potential to make an impact in 2018 and beyond, from analytics to artificial intelligence, and from blockchain tech to radio monitoring.
The post 20 music/tech startups we’ll be watching in 2018 appeared first on Music Ally.
Source: Music ally

UMG boss hails ‘best financial performance in 15 years’

Universal Music Group enjoyed a stonking 2017 according to chairman and CEO Lucian Grainge’s year-end memo to staff.
“The dramatic worldwide increase in streaming has been the single most important catalyst in returning UMG – and the music industry at large – to growth,” wrote Grainge.
The post UMG boss hails ‘best financial performance in 15 years’ appeared first on Music Ally.
Source: Music ally

Some big YouTubers may be seeing a decline in views

Business Insider has been mining some stats for some of the most well-known YouTubers, and has identified a decline in their monthly views during 2017.
PewDiePie, Zoella and DanTDM all saw their monthly views fall in the last year, as well as the number of new subscribers to their channels every month.
The piece notes that this isn’t a trend across the board – some channels it highlights as increasing their monthly views in 2017, as you’d expect – but suggests that YouTube’s recommendation algorithms may no longer be working quite as well for some of the platform’s big stars.
The post Some big YouTubers may be seeing a decline in views appeared first on Music Ally.
Source: Music ally

Facebook hires more music executives for biz-dev and licensing

Fresh from the pre-Christmas news of its first licensing deal, with Universal Music, Facebook has continued to build out its music team, with former Googlers looming large.
Among Facebook’s latest hires: Joe Bognanno, former manager of music content partnerships at Google and also director of royalties at SoundCloud, who is now Facebook’s commercial music publishing partnerships manager.
The post Facebook hires more music executives for biz-dev and licensing appeared first on Music Ally.
Source: Music ally

Publisher Wixen hits Spotify with a $1.6bn lawsuit

If Spotify was hoping 2018 would see its publishing woes die down… well, Wixen Music Publishing has put those hopes to rest.
The publisher has filed a lawsuit seeking damages of at least $1.6bn for Spotify’s use of songs written by Tom Petty, Rage Against The Machine, Neil Young, Stevie Nicks and other artists/songwriters.
The post Publisher Wixen hits Spotify with a $1.6bn lawsuit appeared first on Music Ally.
Source: Music ally

UK spending on recorded music grew by 9.6% in 2017

Brits spent more than £1.2bn on recorded music in 2017, a year-on-year increase of 9.6% fuelled by the growth of streaming subscriptions.
Figures released by the Entertainment Retailers Association (ERA) revealed that people spent £577.1m on streaming subscriptions, up 41.9% from 2016’s £406.6m. This more than outweighed a 3.4% decline in physical sales to £459.4m and a 23.1% decline in download sales to £165m in 2017.
ERA covers sales and subscriptions, so these figures do not include advertising revenues for music – for example ads on YouTube or on the free tiers of streaming services like Spotify – nor does it include sync, merchandise or live income.
The post UK spending on recorded music grew by 9.6% in 2017 appeared first on Music Ally.
Source: Music ally

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