Day: 24 avril 2020

UMG’s Michael Nash thinks music subscriptions will be resilient to Covid-19 impact

A flurry of recent reports have noted that in the initial weeks of the Covid-19 coronavirus lockdown, music streams declined. Should the industry be worried? Universal Music Group’s EVP of digital strategy Michael Nash has dampened down those fears.
“The subscription business, which is the big driver for revenue, is relatively stable based on its underlying dynamics. You’ve got the recurring billing relationship with the consumer, and so even if consumption’s down a little bit, the revenue that’s being divided up among the artists and labels is relatively constant,” he said yesterday.
Nash was speaking in an online panel that was part of the Artist Rights Symposium II, organised by the University of Georgia Music Business Program at Terry College of Business.
The post UMG’s Michael Nash thinks music subscriptions will be resilient to Covid-19 impact appeared first on Music Ally.
Source: Music ally

Startup Gotickety talks Example tie-up and streaming plans

We last covered Gotickety when it launched in September 2018, calling itself the “Candy Crush for the Music Industry” where users of the app play games in order to win meet and greets with musicians, personal video messages from stars as well as tickets/merchandise. The company has now revealed the results of a recent partnership with […]
The post Startup Gotickety talks Example tie-up and streaming plans appeared first on Music Ally.
Source: Music ally

Trojan Records taps fans for Young, Gifted and Black campaign

It’s the 50th anniversary of the release of ‘Young, Gifted and Black’ by Bob Andy and Marcia Griffiths, and label Trojan Records is gearing up to celebrate it in style. It has launched a campaign of the same name, with an emphasis on fans. “Join in the celebrations by uploading a photo/video of yourself along with […]
The post Trojan Records taps fans for Young, Gifted and Black campaign appeared first on Music Ally.
Source: Music ally

Spotify’s music podcast Dissect returns with Beyoncé focus

Remember the days when you couldn’t stream Beyoncé’s ‘Lemonade’ album anywhere except on Tidal? The album eventually made it to other streaming services (including Spotify) in April 2019, three years after its initial release. More evidence of times having changed: ‘Lemonade’ is the subject for the latest season of Spotify’s music podcast ‘Dissect’, with two episodes […]
The post Spotify’s music podcast Dissect returns with Beyoncé focus appeared first on Music Ally.
Source: Music ally

12.3m fans showed up for Travis Scott’s first Fortnite concert

The first of Travis Scott’s ‘Astronomical’ concerts within Fortnite happened overnight, and it was a big hit with the game’s players. “Over 12.3 million concurrent players participated live in Travis Scott’s Astronomical, an all-time record!” tweeted the official Fortnite account. That means Scott beat the 10.7 million audience for Marshmello’s Fortnite concert in February 2019.
The post 12.3m fans showed up for Travis Scott’s first Fortnite concert appeared first on Music Ally.
Source: Music ally

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