Day: 11 septembre 2018

Japanese music firm Avex joins Techstars Music accelerator’s partners

Music/tech accelerator Techstars Music is set to return for a third year, armed with a new partner in Japanese music company Avex, and a deeper partnership with major label Sony Music.
An announcement by Techstars Music chief Bob Moczydlowsky revealed the news, as he kicked off the hunt for 10 more startups to join the accelerator’s next cohort in 2019.
“Avex Inc. manages superstar artists, produces major festivals, operates music and video streaming services and owns and distributes music globally through its family of affiliated labels. It’s one of the most influential music companies on the planet, an innovative force in Japan, and an emerging investor in global startups,” wrote Moczydlowsky.
The post Japanese music firm Avex joins Techstars Music accelerator’s partners appeared first on Music Ally.
Source: Music ally

Sonos quarterly revenues are down by 6.6% year-on-year

Sonos published its latest quarterly financial results overnight, for its fiscal Q3 (the second quarter of 2018, calendar-wise). They’re a mixed bag. The company’s revenues actually fell by 6.6% year-on-year, to $208.4m. However, the number of products that Sonos sold rose by 11.4% in the same period (to 886.5k units). The company said that these numbers are […]
The post Sonos quarterly revenues are down by 6.6% year-on-year appeared first on Music Ally.
Source: Music ally

French recorded-music revenues up 3.3% in first half of 2018

French industry body SNEP has put out its figures for recorded-music income in the first half of 2018. The topline: revenues in France were up 3.3% to €256m (around $297.3m). Within that, physical sales fell by 12.9% to €91.6m (35.8% of the market) while digital revenues grew by 16.2% to €153.7m (60% – the rest was synchronisation, […]
The post French recorded-music revenues up 3.3% in first half of 2018 appeared first on Music Ally.
Source: Music ally

48% of Americans predicted to own smart speakers by Christmas

We’ve seen some bold predictions about smart-speaker sales in the rest of 2018: in July, research firm Canalys claimed that there would be 100m of these devices in use globally by the end of the year. Now a study published by Adobe, and focusing on the US market, has its own prediction that’s making headlines: that by the […]
The post 48% of Americans predicted to own smart speakers by Christmas appeared first on Music Ally.
Source: Music ally

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