Music-streaming trends, from A&R to global/local evolution

At today’s Midem conference in Cannes, a pair of afternoon sessions at the event’s ‘Streaming Summit’ focused on some of the evolving trends around the music-streaming world. The first explored the question of whether streaming services are “the new A&Rs”, with a sparky (if, unfortunately, all-male) panel including Epidemic Sound CEO Oscar Hoglund; Playground Music […]

Smart speakers’ impact on music: ‘I don’t think it can be overhyped…’

More than 26m smart speakers were shipped globally in 2017 according to research firm Futuresource, with the Amazon Echo and Google Home ranges proving popular devices. That was the spur for an event hosted by British music-industry bodies the BPI and ERA last night in London, and a report exploring the impact for music, published […]

7digital trading update shows 52% rise in revenues

B2B digital-music firm 7digital has issued a trading update showing strong growth in its full-year revenues. The company says it expects to report revenues of £17.3m for 2017, up 52% year-on-year. “Losses at Adjusted LBITDA level are expected to be significantly reduced from the previous period and be better than market expectations,” claimed the company […]

7digital signs contract with 8tracks as other clients launch

B2B digital-music firm 7digital has signed a contract with US streaming service 8tracks. The company says the deal has a minimum term of one year. 7digital has also signed a new contract with its largest shareholder, retailer MediaMarktSaturn, to migrate the latter’s Juke streaming service on to 7digital’s platform. The post 7digital signs contract with […]

7digital’s Pete Downton talks streaming, telcos, voice control and Apple

In the mid-2000s, Pete Downton had a PowerPoint presentation. It included a slide with a map of the world plotting Warner Music Group’s licensing partnerships with 40 mobile operators: a network with a theoretical reach of 1.8 billion customers. “There was a certain amount of truth in that, because we had deals in place to […]

7digital makes video news programme for Amazon’s Echo Show

7digital’s Entertainment News division is making the most of the screen that comes with Amazon’s Echo Show smart speaker. Just launched in the UK after its US debut earlier in the year, the Show has a seven-inch screen that means companies developing Alexa skills can add video and images in to the mix. The post […]

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