Report: Amazon now accounts for 49.1% of US e-commerce market

Amazon is about to fire the starting trigger on its annual Prime Day of shopping deals, and research firm eMarketer has put out some new analysis of the company’s place in the US online-retail sector to accompany it. Its analysts reckon that Amazon will do $258.22bn of US retail sales this year, accounting for 49.1% of all […]

Amanda Palmer has raised nearly $1.6m so far on Patreon

A story about Amanda Palmer crowdfunding leading the Music Ally Bulletin? Today’s email is brought to you by 2012… But no: Palmer continues to be one of the most successful crowdfunders in the music world, but nowadays she’s operating on fan-funding platform Patreon rather than Kickstarter. We’ve reported before on Palmer’s Patreon community: she has 11,115 […]

Drake ‘Scorpion’ album does more than 1bn first-week streams

This is where we’re at in the evolution of music-streaming: a single album has been streamed more than 1bn times in its first week after release. That album, of course, is Drake’s ‘Scorpion’, with label Republic Records having confirmed the figure to The Verge, as well as the artist himself having posted about it. “New era. […]

NetEase hails success of western artists on its service

We’ve heard at several conferences recently that Chinese streaming service NetEase Cloud Music might be a happier hunting ground for western artists than rival services operated by Tencent Music. Now NetEase is talking about some of the success stories to reinforce that view. More than 30% of activity on its service – including streams but […]

PwC predicts video-streaming will be a $30.6bn market by 2022

The global ‘over-the-top’ video market will grow from $22.6bn in 2018 to $30.6bn in 2022, according to the latest prediction from PricewaterhouseCoopers. Its Global Entertainment and Media Outlook 2018-2022 report suggests that 79.6% of OTT revenues – over-the-top means video delivered outside the traditional cable/satellite/terrestrial broadcasting networks – last year came from subscription video-on-demand (SVOD) services […]

Music-hardware startup Roli takes investment from Sony

British instrument-maker Roli has received new investment from tech giant Sony, through the latter’s VC arm Sony Innovation Fund. CEO Roland Lamb told Bloomberg that the deal is a “significant investment and relationship for us”. While Roli isn’t saying how much Sony invested, TechCrunch notes that before this deal, Roli was listed on investment site PitchBook as having raised […]

Report claims Google beat Amazon for Q1 smart-speaker shipments

In well-established hardware markets like smartphones, the main research firms tend to agree – more or less – on the main market-share figures. For smart speakers, it seems there is more room for disagreement, aided by the fact that the main players aren’t publishing many figures themselves. For example, check out research firm Canalys’ latest […]

Kobalt revenues and losses both increased in last fiscal year

Music firm Kobalt’s latest financial results show that its revenues grew by 23.5% to $321m in its last fiscal year, which ended on 30 June 2017. However, the group’s operating loss grew by 45.6% to $24.3m, while its net loss for the year grew by 69.8% to $33.1m. Although given the company’s ability to raise […]

Report claims Apple’s music app has 49.5m users in the US

Research firm Verto Analytics has put out some new numbers comparing Apple Music and Spotify in the US, but it’s important to understand exactly what it’s measuring. And what it isn’t. “This month’s Verto Index looks at the top streaming music properties, from Apple Music to TuneIn Radio, among U.S. adults (ages 18 and above)” […]

Indian firm T-Series is adding 3m YouTube subscribers a month

Indian music giant T-Series has long been one of the most popular channels on YouTube, and its growth is continuing apace. Its film-music focused catalogue has just reached a new milestone on Google’s video service: more than 40 million subscribers. Indian news site RadioAndMusicBiz notes that this is up from 30 million in December 2017, […]

Spotify ‘super trials’ boost its quarterly subscriber gains

It’s hardly a shock to suggest that Spotify’s $1-for-three-months premium trials increase its subscribers. But Midia Research has calculated how much this boost is worth. “On average, Spotify’s global subscriber base grew by a net total of 2.8 million each quarter between Q4 2015 and Q4 2017 in the quarters that these ‘super trials’ were […]

Spotify expects to have up to 96m subscribers by Christmas

Spotify has published some guidance on its financial outlook for 2018, including predicting that it will have 92-96 million premium subscribers by the end of the year. That would represent annual growth of between 30% and 36% from the 71 million subscribers that Spotify ended 2017 with. The new guidance also suggests that Spotify is […]

Indie labels see boom in payouts from Latin American streaming services

Indie-labels licensing agency Merlin says that its members’ earnings from Latin America have grown five-fold in the last three years, fuelled by music-streaming services. The company expects to generate more than $60m of audio-streaming revenues from Latin America for its member labels in 2018. Merlin CEO Charles Caldas will be flagging up the Latin American […]

Nearly 8.3m Brits were music-streaming subscribers in January

While recent ERA and BPI figures have made much of the growth in revenue and consumption of music streaming services in the UK, they didn’t explains how many people in Britain pay for a music subscription. Now we have a – tentative – answer: ERA consumer tracking figures – which are based on 2.5k people […]

Spotify files for its DPO: so what do you need to know?

“Feels great to have the cat out of the bag. Transparency breeds trust,” tweeted Spotify CEO Daniel Ek last night. The cat in this instance being Spotify’s long-awaited filing for its direct public offering (DPO), which was published last night. The document offers the most detailed insight yet into Spotify’s current business and future prospects. […]

Research claims 3% of YouTube channels get 90% of views

Views are no longer the most important currency on YouTube: it’s been watch-time for a while now – as shown by the fact that the platform’s new minimum requirements for ‘partner’ status include 4,000 hours of watch-time in the last year, rather than a certain number of views. So, a new study of YouTube based […]

Live Nation reported record revenues of $10.3bn for 2017

2017 was a good year for Live Nation in financial terms, with the live-entertainment giant’s revenues rising by 24% to $10.3bn last year, according to its latest financial results. 86 million people attended concerts put on by Live Nation, which was up 21% year-on-year, as the company hailed “its seventh consecutive year of record results” […]

LiveXLive approved for NASDAQ listing after Slacker acquisition

Digital music firm LiveXLive, which focuses on live-music videos as well as its recently-acquired streaming service Slacker Radio, has been approved to list on the public NASDAQ market. Boss Rob Ellin described it as “an exciting and major milestone in our evolution that we believe will expose the company to a wider audience of potential […]

Spotify ‘Bulgarian’ scam fuels call from MMF for user-centric licensing debate

The ‘Bulgarian scam’ on Spotify, revealed earlier this week by MBW, allegedly involved an entity uploading a collection of sub one-minute tracks to Spotify; then arranging them into a few playlists. Devices tied to Premium Spotify accounts were then used to stream those playlists round the clock: even at a monthly cost of nearly $12k […]

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, […]

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 […]

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 […]

Bandcamp paid out more than $70m to independent artists in 2017

Direct-to-fan platform Bandcamp has published its annual review of its business, including the stat that its all-time payments to artists are now past the $270m mark. That compares to nearly $200m at the end of 2016, meaning that the $70m+ paid to Bandcamp artists in 2017 represents a quarter of all payouts since the platform […]

eMarketer claims Facebook is losing more younger users

‘Young people are ditching Facebook’ is a tech-industry trope that’s been running for at least five years now, without yet having an obvious impact on the social network’s growth or revenues. However, eMarketer’s latest report at least has data to back up its claim: “This year, for the first time, less than half of US […]

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 […]

Snapchat growth sends Snap, Inc share price soaring

Since its IPO last year, Snapchat parent company Snap, Inc has had a rough time of it on Wall Street, with investors uneasy about the social app’s sluggish growth. Yesterday brought some good news for the company in its latest financial results though: it beat analyst forecasts with stronger-than-expected growth, and saw its share price […]

eMarketer claims YouTube is ‘close to saturation’ in the UK

Research firm eMarketer has published some data for YouTube viewership in the UK, claiming that more than 90% of people classed as ‘digital video viewers’ regularly visit the service. “In 2018, 40.4 million people, or six out of 10 people in the UK, will watch video via the YouTube app or website at least once […]

Apple Music’s latest milestone is 36m paying customers

Apple says its Apple Music service now has 36 million subscribers, up from “well over” 30 million in late September 2017. The milestone was shared with the Wall Street Journal as part of a wider piece on Apple Music’s progress – including the claim that it’s growing faster than Spotify in the US. “Apple’s subscriber-account […]

Facebook’s viral crackdown sees time spent on service fall

It’s unusual to see a company proudly announcing in its quarterly financial results that people have been using it less. But Mark Zuckerberg’s 2018 goal of focusing more on ‘time well spent’ on Facebook makes it an unusual case. “Already last quarter, we made changes to show fewer viral videos to make sure people’s time […]

Dubset debuts three more DJ mixes on Apple Music

Mix-licensing startup Dubset Media Holdings has announced its three latest pieces of content, which appear to be exclusive to Apple Music. At least it’s getting first dibs on the DJ mixes by Steve Aoki, Sigala and DJ Suss One, which have been released on Apple’s streaming service this week. Dubset says it’s part of a deal to deliver “hundreds” […]

Deezer strikes deal with telco Hutchison 3 Indonesia

Telco partnerships have always been a key part of Deezer’s business model, and its latest sees the company expanding its ambitions in Asia. It’s working with Hutchison 3 in Indonesia, through its Tri operator brand in that country. Tri customers will be able to pay for a monthly Deezer Premium+ subscriptions using their balance credit, […]

Socan reports record revenues but highlights songwriter payouts

2017 was a good year for Canadian collecting society Socan, which has reported record revenues and distributions to its membership. The society’s performing-rights revenues grew by 6.4% to more than $350m in 2017, with more than $300m distributed to songwriters, composers and publishers. These figures included $49.3m of ‘internet audio streaming’ revenues up 46% year-on-year. However, […]

Pandora lays off 5% of staff as value shrinks for Sirius XM

It’s just over a year since Pandora laid off 7% of its staff in the US in order to “to focus and realign existing resources on execution and make further investments in product innovation to drive advertising revenue and subscription growth”. Now it’s in for another round of layoffs, this time “an organisational restructuring designed to […]

David Lowery publishes 2018 ‘streaming price bible’

Musician David Lowery has published the latest data on payouts from a range of streaming services, sourced from “a mid-sized indie label with an approximately 200+ album catalog now generating over 200m+ streams annually”. It’s a very interesting snapshot as ever: both of average per-stream payouts and of the market shares of the various services. […]

Pandora was fourth top non-game app for revenue in 2017

Pandora was the fourth biggest non-game app across Android and iOS in 2017 in terms of revenues, according to app analytics firm SensorTower’s end-of-year report. Its analysis of in-app purchases ranks Pandora behind only Line, Tinder and chart-topper Netflix – with the latter thought to have earned $510m from in-app subscriptions in 2017, up from […]

NPR / Edison: One in six Americans now own a smart speaker

January has already seen a flurry of new research into smart speakers, timed to coincide with the CES show in Las Vegas. The latest example comes from NPR and Edison Research, who surveyed 1,816 Americans in November and December. 16% said that they own a smart speaker, which scales up to around 39 million people […]

Hulu now has 17m subscribers after adding 5m since 2016

Video-streaming service Hulu has announced its latest milestone: 17 million subscribers. That’s up from 12 million in May 2016, which means the service has averaged just 263,000 net new subscribers a month over that period. Compare that to Netflix, which has been adding around five million subscribers a quarter in recent times, albeit with a […]

Data suggests Snapchat is still mainly a messaging app

We know from Snapchat’s last quarterly financial results that the social app had 178 million daily active users, but the company hasn’t broken down what those people are doing within its app. The Daily Beast has now got its hands on some internal metrics that show how popular – or unpopular – individual sections of […]

Report: Apple’s ARKit has been used by 825 apps so far

App analytics firm Apptopia claims that 825 iOS apps released in 2017 used Apple’s ARKit augmented-reality framework. That included around 300 when the technology went live in Apple’s iOS 11 software in September, plus another 525 over the final three months of 2017. The post Report: Apple’s ARKit has been used by 825 apps so […]

On-demand video was 22.8% of US music consumption in 2017

We reported on the latest music-consumption stats from the UK yesterday, but now Nielsen has published its data for the US, revealing even bigger growth for 2017. Specifically, sales and streams of albums and songs grew by 12.5% last year in the US, driven by a 59% increase in on-demand audio streams. Nielsen also noted […]

BTS included: Spotify hails its 6.6bn K-Pop streams since 2015

Spotify users have streamed 6.6bn songs from K-Pop artists since the company launched its K-Pop hub in 2015, racking up more than 14.4bn minutes of listening. That’s according to a blog post published by Spotify yesterday hailing the growth of streams for South Korean pop artists on its service since its hub went live in […]

Paid online-music market tipped to grow 59% in China

The market for ‘paid online music’ in China is expected to grow by 59% this year to $455m according to research firm iResearch, whose prediction is quoted prominently in the Financial Times’ latest piece on China. It focuses on the evolving dynamics of the Chinese streaming market, where the exclusive licensing deals signed by Tencent […]

NetEase Cloud Music now has 400m users in China

Chinese music service NetEase Cloud Music says it now has 400 million users, having increased its monthly active users (MAUs) by 44% year-on-year. The company also says that its users are skewed towards the 15-35 year-old demographic in China’s tier one and tier two cities, with those listeners creating 620k playlists and posting 1.5m comments […]

Snap stock drops after disappointing quarterly results for Snapchat

Are the wheels well and truly coming off the Snapchat bandwagon? Parent company Snap, Inc published its latest quarterly financial results last night, and while its revenues grew by 62% year-on-year to $207.9m, the company’s net loss ballooned to $443.2m compared to $124.2m this time last year. The post Snap stock drops after disappointing quarterly […]

Spotify data shows ‘listening diversity’ is up 40%

Spotify says it’s experiencing “an explosion in listening diversity” on its service, by which it means the number of artists the average listener streams in a week. “Since 2014, the average number of artists each listener streams per week has increased 37 percent, from just under 30 to about 41 artists per week so far […]

Facebook revenues up 47% while net profit grows by 79%

Facebook has announced another strong set of quarterly financials, with the company’s revenues growing by 47% year-on-year to $10.33bn in the third quarter of 2017. The social network reported a net profit of $4.71bn for the quarter, up 79% year-on-year. The latest user numbers: Facebook daily active users were up 16% to 1.37bn, while monthly […]

India becomes world’s second-biggest smartphones market

China is the country with the highest smartphone shipments in the world, followed until now by the US in second place. Two different research companies reckon that India has just overtaken the latter country. Canalys claims that more than 40m smartphones shipped in India in the third quarter of this year, representing growth of 23% […]

Apple and Google app stores reached new heights in Q3 2017

The latest report from research firm App Annie claims that combined app downloads on iOS’ App Store and Android’s Google Play were nearly 26bn in the third quarter of this year. That’s up 8% year-on-year, and as App Annie points out, the figure relates to new app installs, not reinstalls or app updates. The post […]

Smart speakers to fuel ‘tenfold’ increase in smart-home devices

Research firm Forrester’s latest prediction for the smart-devices market focuses on the US alone, we should say. “Smart home devices are expected to grow tenfold between 2017 and 2022,” claimed the company in its latest blog post. “Forrester expects the adoption of smart home devices in the US to be 10 times higher by 2022, […]

RIAA half-year figures reveal 17% rise for US recorded-music revenues

Paid music-streaming subscriptions are the star of US industry body the RIAA’s latest half-year figures, which show a 17% year-on-year rise in recorded-music retail revenues in the first six months of 2017. That means $4bn of spending on recorded music in the first half of the year, up from $3.4bn in the first half of […]

Smartphones reaching usage tipping-point in the UK

2017 is set to be a tipping point in the UK for the way people access the internet, with smartphones overtaking desktop and laptop computers for the first time. That’s in terms of time spent a day, according to research firm eMarketer. It claims that this year, Brits will average one hour 59 minutes on […]

ICOs raised $797m in the second quarter of 2017 alone

Despite being banned in China and regulated more strictly in the US, initial coin offerings (ICOs) for blockchain-based startups are going to be drumming up large amounts of funding for a while yet. A new report by Coindesk quantifies the ICOs market before the two crackdowns above were announced: it claims that ICOs raised $797m […]

2017 was a billion-dollar distribution year for BMI

US performance-rights organisation BMI has announced a strong set of figures for its 2017 fiscal year, which ended recently. The company generated $1.13bn of revenues, distributing just over $1.02bn to songwriters, composers and publishers – up 10% year-on-year. BMI is hailing the results as “the most public performance revenue and highest royalty distributions of any […]

BMG revenues and profits both up in first half of 2017

It wasn’t just Universal Music posting new financials this week. BMG (through its parent group Bertelsmann) has also revealed its latest figures, with encouraging growth in both revenues and profits. BMG generated revenues of €233m ($277m) in the first half of 2017, up 28% year-on-year. Meanwhile, the music company’s operating EBITDA (earnings before interest, tax, […]

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