The Dry Streams Paradox
Are you frustrated with the size of your fanbase? Tired of banging your head against a brick wall with ticket and merchandise sales? Unable to reconcile your streaming figures with the number of genuine fans? Then you might be suffering from The Dry Streams Paradox. What’s that? It’s the challenge that a growing number of […]
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Source: Music ally
Country Profile – Sweden 2019
Streaming revenue in Sweden increased another 8% in 2018 to make up 90% of total music sales. The inevitable question is how long can the Swedish market – long an aspirational model to the global music industry – continue to grow?
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Source: Music ally
Apple CEO renews his call for more regulation of big tech
Apple CEO Tim Cook has returned to the theme of stronger regulation of big technology companies, although it’s clear he’s thinking mainly of *other* big technology companies like Google and Facebook. “I think there are some serious issues with tech. I think that even though I’m deeply a free market person in mindset and believe […]
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Source: Music ally
Twitter and Snapchat publish their latest financial results
Two social networks that have faced challenges around their user-growth published their latest quarterly financial results yesterday. So how are Twitter and Snapchat doing? Twitter’s financial numbers were good: revenues up 18% year-on-year to $787m and a net profit of $191m for the quarter. However, its number of monthly active users (MAUs) was down by six […]
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Source: Music ally
Piracy-tracking firm Muso raises £3.5m more funding
UK-based Muso, which tracks online piracy and provides marketing tools for music companies to target that audience, has raised £3.5m (around $4.5m) more funding. It’s not a new round, but rather an extension of its existing Series A round, taking it to £6m ($7.8m) in total. Investor Harwell Capital was responsible for the additional injection […]
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Source: Music ally
Napster wants to power more music-streaming services in Asia
Napster remains a consumer-brand streaming service, but the company’s energies are focusing ever-more keenly on its B2B business, and ‘powered by Napster’ services launched by brands and other partners. Now Napster’s parent company Rhapsody International is making a new push with that strategy in Asia, via a partnership with Vietnamese tech company GNT. The pair […]
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Source: Music ally
Nielsen predicts growth in ‘core fans’ of Latin music in US
Music Ally reported recently on figures from US industry body the RIAA, which showed that the US Latin-music business grew by 18% in 2018, with streaming generating 93% of its revenues. Now research firm Nielsen has been talking about some more stats around the consumption of Latin music in the US, in its opening remarks at Billboard’s Latin […]
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Source: Music ally
Blood on the Dance Floor music is removed from Spotify
Electro band Blood on the Dance Floor’s music has been removed from Spotify, after the streaming service decided that it flouted the company’s policies on hate content. That’s an important point, as the news comes as the band’s frontman Dahvie Vanity (real name: Jesus David Torres) is facing accusations of sexual assault from at least […]
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Source: Music ally
Sylvia Rhone gets Epic promotion and Midem keynote slot
Industry veteran Sylvia Rhone has been promoted again: she’s now chairman and CEO of Sony Music label Epic Records, having joined it as president in 2014. She’ll report directly to Sony Music boss Rob Stringer, in a role leading the ‘overall creative direction and management’ of a label that includes Camila Cabello, Travis Scott and […]
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Source: Music ally
Popgun boss thinks AI will create a ‘new pop industry’
Music Ally has interviewed Popgun CEO Stephen Phillips before a couple of times (here and here) – he’s a reliably-interesting thinker about the future for AI-generated music. Now he’s been talking to Soundcharts for the analytics company’s new series of video interviews. “We really love the idea that all of this is just playing on a broader trend of […]
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Source: Music ally
BTS top YouTube global artist chart with Blackpink at number two
Music Ally reported last week on the success of K-Pop group Blackpink, specifically on YouTube, where they topped its weekly artists chart with 342m views for their music. Now they’ve been unseated… by another K-Pop group. Yes, BTS are sitting proudly atop this week’s YouTube artists chart, with 307m views for their music in the week […]
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Source: Music ally