Day: 19 février 2018

Mobile games developer Supercell made $2.03bn in 2017

Finnish mobile games firm Supercell has published its financial results for 2017, revealing that it made $2.03bn of revenues, and a profit of $810m.
The twist: the company did that without even releasing a new game that year. Supercell only has four games available: Hay Day and Clash of Clans were originally released in 2012, then Boom Beach in 2014 and Clash Royale in 2016.
The post Mobile games developer Supercell made $2.03bn in 2017 appeared first on Music Ally.
Source: Music ally

Drake gives away nearly $1m for his new music video

How to follow up the success of a video where the highlight was your dad-dancing on a flight of stairs? For Drake, the answer is giving away $996,631.90 to strangers.
That’s the clever premise of the video for ‘God’s Plan’ – already a big global hit thanks to the streaming services – which sees Drake wandering the streets of Miami giving money away to all and sundry, complete with a ‘Don’t tell the label’ joke at the start.
The post Drake gives away nearly $1m for his new music video appeared first on Music Ally.
Source: Music ally

Analyst claims YouTube is ‘probably’ a $15bn business

How much money does YouTube make from advertising? Parent company Alphabet has never announced that, leaving analysts to make their best guesses.
In 2013, eMarketer claimed that the site was generating $5.6bn in annual revenues, for example, while in 2015 UBS suggested that had grown to $8.5bn.
A recent claim from Nomura that an advertising boycott of YouTube in 2017 might have cost it $750m in lost revenues – ‘about 7.5% of its annual revenue’ – suggested an annual figure of around $10bn last year.
The post Analyst claims YouTube is ‘probably’ a $15bn business appeared first on Music Ally.
Source: Music ally

No-booking-fees ticketing app Dice now adds booking fees

One of the key selling points for ticketing app Dice has always been its promise not to charge booking fees for its mobile tickets. Now the company has changed its policy, and has been explaining the decision to customers after a Twitter spat with British band Shame made it public.
“Everyone’s favourite ‘no booking fees’ vendor @dicefm have slyly added a 10% booking fee to shows costing above £10, we knew absolutely nothing about this,” tweeted the band on 9 February.
A few days later, Dice MD Russ Tannen published a response on Medium for customers.
The post No-booking-fees ticketing app Dice now adds booking fees appeared first on Music Ally.
Source: Music ally

New report quantifies the independent US creative economy

A new report published by a lobbying coalition called Re:Create – we’ll get to who that is in a bit – is trying to put some numbers to the independent creative economy in the US.
The report is deliberately narrow in focus, attempting to calculate how much musicians, filmmakers, artists and other creators earned from nine platforms in 2016: Amazon Publishing, eBay, Etsy, Instagram, Shapeways, Tumblr, Twitch, WordPress and YouTube.
The headline findings: “14.8 million independent, American creators earned a baseline of almost $6 billion from posting their music, videos, art, crafts and other works online in 2016,” claims the coalition.
The post New report quantifies the independent US creative economy appeared first on Music Ally.
Source: Music ally

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