Day: 3 octobre 2018

New study explores the clout of modern ‘power gamers’

Online-video network Fullscreen has teamed up with research firm Magid to explore the changing demographics – and the purchasing power – of modern gamers. Obligatory caveat: Fullscreen owns a number of gaming brands, so the goal here is clearly to offer brands more evidence to spend money with them. Still, the survey of 1,300 Americans threw up […]
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Source: Music ally

Deadmau5 takes his global mau5trap Radio show to Mixcloud

Dance star Deadmau5 – or as we’ll always think of him, thanks to Kanye West: Dead-Mow-Five – is launching a new, global radio show called mau5trap Radio. In the US, it’ll air every Friday on SiriusXM, as well as on selected radio stations in countries like Australia, Mexico, Russia and Thailand. However, Deadmau5 has done an accompanying deal […]
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Source: Music ally

Warner Music Group signs partnership with DotBlockchain

Blockchain startup DotBlockchain appears to have secured a high-profile new partner from the rightsholder world: Warner Music Group. “In the next months, Warner Chappell publishing and WMG labels will collaborate with us to create a revolutionary way for record labels and publishers form a collective truth about their media assets on the blockchain,” announced DotBlockchain, while […]
The post Warner Music Group signs partnership with DotBlockchain appeared first on Music Ally.
Source: Music ally

Mobility of artists key to Impala’s post-Brexit recommendations

Independent body Impala has been debating the potential impact on music from the UK’s upcoming exit from the European Union – aka ‘Brexit’. It has published a list of recommendations for the cultural sectors, following a meeting with more than 60 experts from across Europe. One of the key recommendations concerns freedom of movement for artists and […]
The post Mobility of artists key to Impala’s post-Brexit recommendations appeared first on Music Ally.
Source: Music ally

Facebook launches Premieres interactive-video format

Facebook has announced the official launch of its ‘Premieres’ format, which enables people to “release a pre-recorded video as a live moment” on the social network. The idea being that new videos can be turned in to fan events, complete with pre-publicity and a chat window for interactions while it’s airing. Premieres can be scheduled up to […]
The post Facebook launches Premieres interactive-video format appeared first on Music Ally.
Source: Music ally

$321.3m copyright infringement case against Spotify continues

Bluewater Music Services Corp. has been given the go-ahead to continue its copyright infringement lawsuit against Spotify, despite the streaming service’s attempt to get the case struck down. A Tennessee federal court denied that, according to Law360. “Spotify said that under the language of the administrator agreements involving the songs, Bluewater has not obtained either exclusive […]
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Source: Music ally

10 things we learned from Tencent Music’s IPO filing

Tencent Music published its filing to go public last night. We’ve been filleting the document to pull out some of the most interesting data and strategic titbits on the Chinese digital-music company.
1.  The big figures
Tencent Music’s total revenues were RMB 10.98bn in 2017 (that’s $1.66bn) having grown by 151.8% year-on-year. The company recorded a net profit of $199m in 2017. Meanwhile, in the first half of 2018, its revenues grew by 92% year-on-year to $1.3bn, while its net profit was $263m.
The company claims more than 800 million unique monthly active users (MAUs) across its four biggest products: streaming services QQ Music, Kugou Music and Kuwo Music, and karaoke app WeSing.
Tencent Music grew its number of paying music customers from 16.6 million at the end of Q2 2017 to 23.3 million at the end of Q2 this year. That helped it grow its quarterly streaming-subscription revenues from $62.9m to $88m in the same period.
The post 10 things we learned from Tencent Music’s IPO filing appeared first on Music Ally.
Source: Music ally

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