Streaming being the primary focus for record labels is nothing new in our industry, but in Hollywood it’s still a major talking point.
Witness Disney’s announcement yesterday that the company is having a strategic reorganisation of its media and entertainment businesses “designed to further accelerate the company’s direct-to-consumer strategy, in light of the rapid success of Disney+”.
This isn’t Disney abandoning cinemas entirely, of course, but the announcement did make it clear that it’s now the company’s own streaming services (note the plural: Hulu and ESPN+ are included here) that come first, and the “legacy distribution business” second.
The post Disney reorganisation makes streaming its ‘primary focus’ appeared first on Music Ally.
Source: Music ally
Related Posts
5 novembre 2019Audio-tech startup Accusonus raises $3.3m funding roundGreek startup Accusonus has raised a Series A funding round of $3.3m, which the five year-old company will use to continue developing its “human-friendly audio software”. That means tools […] Posted in News, Startups, Funding, Accusonus, machine learning
13 janvier 2021Shakira and KT Tunstall sell stakes in their music cataloguesTwo more musicians are selling their rights – or at least part of them – to investment companies. Shakira is the latest to throw in her lot with Hipgnosis Songs Fund, which has acquired […] Posted in News, publishing, Shakira, catalogue, Royalties, Hipgnosis, KT Tunstall, Primary Wave
8 avril 2020Safe In Our World launches mental health hub for Covid-19We haven’t written about Safe In Our World before, but it’s essentially the British games industry’s equivalent of Help Musicians: a charity focusing on mental health and wellbeing for […] Posted in News, wellbeing, coronavirus
2 décembre 2019Mixcloud apologises to users affected by hacking attackIn 2019, every digital service with a significant profile is a target for hackers. The latest music service dealing with the after-effects of a security breach is Mixcloud. According to […] Posted in News, Mixcloud, Hack attack, Hacking
6 septembre 2019US recorded-music business grew by 18% in first half of 2019Pop the champagne corks! Well, if you’re one of Music Ally’s American readers reading this story at the start of your working day, perhaps leave that until… whatever time won’t get you […] Posted in News, Data, Market data, RIAA, US
22 septembre 2021More than 40m Apple Music listeners have tried spatial audioThe launch of Apple's iOS 15 software this week has brought with it some new features for Apple Music, including 'dynamic headtracking'.
What's that? A feature that reorients Apple's […] Posted in News, Apple, Apple Music, hi-res music, spatial audio