Spotify teams up with Snapchat for Diwali promotion in India
Snap and Spotify have teamed up in an interesting way for a promotion in India around the Diwali festive season. The Snapchat app has a new augmented-reality lens designed to be used in a specific location: the Gateway of India monument in Mumbai. “The Spotify lens adds some unique AR experiences with special 3D effects, […]
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Source: Music ally
YouTube launches Merchbar partnership for artist merchandise
YouTube is rolling out another feature for musicians with ‘Official Artist Channels’ on its platform. The company has signed a deal with Merchbar which will see artists able to “surface their official merchandise and vinyl alongside their videos… Fans watching videos from their favorite artists on their YouTube Official Artist Channels can now see a shelf with […]
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Source: Music ally
Spotify trumpets its role in global success of Tones and I
Australian artist Toni Watson – aka Tones and I – is riding high with her track ‘Dance Monkey’, which started as a viral buzz track but has flowered into a bona-fide global hit. In fact, at the time of writing it’s top of Spotify’s Global Top 50 chart, with 5.6m daily plays. Spotify is keen […]
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Source: Music ally
Replica raises $2.5m funding for its ‘expressive voiceovers’
Music Ally wrote about Australian startup Replica earlier this year, following its participation in the Techstars Music accelerator. The company is using AI to create ‘Replica voice actors on demand” – taking recordings of someone talking, and creating a ‘replica’ voice capable of reading any text fed to it. For musicians, the company pitched the tech as providing “the […]
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Source: Music ally
Stem promises to check label / distro deals for artists
Stem has been helping artists to release their music as a distributor for some time. Now it’s launching a new feature, ‘Stem Check’, which it clearly hopes will win some artists over to its platform. “Think you’ve just been offered an ‘artist-friendly’ deal? Let us run the numbers for you,” is how the company introduced it yesterday. […]
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Source: Music ally
Sony 360 Reality Audio will launch with four streaming services
Technology firm Sony has revealed more of the plans for its 360 Reality Audio format, which was announced earlier this year. From late autumn, there will be around 1,000 songs available in the format through four streaming partners: Amazon Music HD, Deezer, Tidal and Nugs·net. All three major labels are working with Sony to provide content, although […]
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Source: Music ally
Mixcloud posted revenues of £2.4m in 2018 – and a £3m loss
Audio-streaming service Mixcloud has published its financial results for 2018 through Companies House in the UK: and unlike in previous years, the accounts have been published without a small-company exemption, thus giving us an insight into the firm’s growth and profitability.
The key figures: Mixcloud’s revenues in 2018 were £2.44m (around $3.1m), which was growth of 45.7% from 2017’s revenues of £1.68m. However, the company’s losses also increased: from £884.8k in 2017 to £3.04m in 2018. Why? Mixcloud’s cost of sales grew from £1.44m to £1.83m, but its administrative expenses nearly quadrupled: from £1.07m to £4.02m.
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Source: Music ally