Instrumental signs data partnership with Coda for talent spotting and development

Instrumental – which describes itself as a “data science-driven talent discovery business” – has partnered with live agency Coda to offer data on and insights into the fastest-growing acts that are self-releasing as well those on major or indie labels. Instrumental will create bespoke tools for Coda that will track acts across a variety of […]

Streaming drove 9.7% rise in global recorded-music revenues in 2018

Global recorded-music revenues grew by 9.7% in 2018, according to industry body the IFPI. Its annual Global Music Report, which is published today, reveals that strong growth in streaming revenues more than made up for the continued decline in sales of CDs and music downloads. The headline figure is $19.1bn: that’s the total revenue for […]

UMG gets a new CIO while Deezer appoints a new COO

In today’s data-rich (some would say data-overloaded) music industry, the role of chief information officer – CIO – is increasingly important for large music companies. So Universal Music Group’s appointment of Dan Morales as its CIO is notable news. He joins from a similar role at eBay. “With Dan as CIO, we are adding an […]

German recorded-music revenues fell slightly in 2018

In lots of countries around the world, the recorded-music industry has bounced back to growth. Last week, for example, the RIAA announced that US revenues grew by 12% in 2018. In the UK, the growth last year was 8.9% according to the BPI and ERA. The story in these countries is that the growth in […]

Spotify has 1m users in India one week after launch

Spotify launched in India last week, amid a controversy surrounding its licensing – and a legal injunction filed by Warner Music Group. That row continues, but how is the Indian launch going otherwise? Spotify has confirmed to Music Ally that a week after launch, it now has more than one million users in India. That’s […]

Around 91m Americans may be listening to podcasts every week

“We’re entering the Golden Age of Podcasts” claims a headline on a blog post by Chartable, a company that focuses on podcast analytics. This is based on an online survey conducted by the company recently, which aims to track some trends in the US podcasting market. Among them: 10.8% of respondents report listening to podcasts every […]

Soundcharts revamps its pricing to boost in-team data-sharing

Music-analytics platform Soundcharts is shaking up the way it charges for its service. Its subscription plans will now allow unlimited users, with the cost varying instead by how many artists are being tracked. “The music industry is a network of interconnected teams working on separate artist’s careers. Record labels, agents, promoters and managers constantly need to share […]

Sandbox Issue 222: SYNC IN. Music Synchronisation Gets Smarter

Lead: as synchronisation grows in importance, a new wave of tools is emerging to make that whole process work seamlessly and smarter, covering both micro-licensing and pitch management. We look at the key players here, what they do and where they are taking synch – plus consider how AI is set to shake things up […]

Spotify Teardown authors call for Facebook-style scrutiny

The team of Swedish researchers behind new book ‘Spotify Teardown’ have already roused the ire of the streaming service, which criticised their methods of digging in to its system. But with the book on the verge of release, the authors have given an interview to Rolling Stone that puts forward their view. “The issue became: How does one […]

Sandbox Issue 221: Fake Views. Lies, damned lies and music statistics

Lead: Smoke and mirrors have always been part of music, but when it comes to data, truth is starting to play second fiddle to hype. The nefarious and ruthless are finding ways to “massage” social media and streaming numbers while offering the desperate and gullible a quick fix. But the platforms are getting wise to […]

Spotify financial results: revenues up by 30% as premium subs reach 96m

Spotify has published its latest quarterly financial results, covering the final quarter of 2018. The post Spotify financial results: revenues up by 30% as premium subs reach 96m appeared first on Music Ally. Source: Music ally

Facebook financials impress but Apple row is getting serious

Facebook published its latest financial results yesterday, with quarterly revenues up 30% year-on-year to $16.91bn, leading to a net profit of $6.88bn in the fourth quarter of 2018. Mobile advertisements accounted for around 93.5% of Facebook’s overall revenues last quarter. For the year as a whole, Facebook generated just over $55.8bn in revenues, up 37% […]

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