Month: janvier 2021

Facebook and Apple revenues booming despite Covid-19 pandemic

Facebook and Apple both announced their latest quarterly financial results yesterday, with strong growth in revenues despite the Covid-19 pandemic. Facebook’s Q4 revenues were up by 33% year-on-year to $28.07bn, helping the social network turn a net profit of $11.22bn. It had 1.84 billion daily active users (up 11% year-on-year); 2.8 billion monthly active users (up […]
The post Facebook and Apple revenues booming despite Covid-19 pandemic appeared first on Music Ally.
Source: Music ally

Study: Spotify has 80.7% of Mexico’s music streaming market

We’ve known Spotify was big in Mexico for some time now, but a new study claims that the company has an 80.7% share of the music streaming market there. The study comes from The Competitive Intelligence Unit (CIU), and claims that YouTube Music is in second place with 5.1% of the market, followed by Apple Music (4.5%) […]
The post Study: Spotify has 80.7% of Mexico’s music streaming market appeared first on Music Ally.
Source: Music ally

Big Hit Entertainment investing in K-Pop rival YG Entertainment

As we’ve found out when reporting on any story comparing BTS and Blackpink, different K-Pop fandoms can be… competitive. So it’s anyone’s guess what they’ll make of the news that BTS’s parent company Big Hit Entertainment is planning to invest 70bn won (around $63m) in rival YG Entertainment, which includes Blackpink, Bigbang and Psy among […]
The post Big Hit Entertainment investing in K-Pop rival YG Entertainment appeared first on Music Ally.
Source: Music ally

PRS for Music’s livestreaming licence sparks another row

In December, UK collecting society PRS for Music’s proposed tariff for livestreamed concerts drew an angry response from manager and artist bodies MMF and FAC, claiming that it would make livestreams “unviable” for artists of all sizes. Yesterday, PRS launched its new ‘Online Live Concert‘ licence for small events – those earning less than £500 in […]
The post PRS for Music’s livestreaming licence sparks another row appeared first on Music Ally.
Source: Music ally

French study offers new data on impact of user-centric payouts

One of the things that’s been clear in the debate about user-centric models for paying out streaming royalties – primer here if you need it – is that we need more studies based on recent data from big streaming services. So, news this week of a new study commissioned by the National Music Centre (CNM) in France from […]
The post French study offers new data on impact of user-centric payouts appeared first on Music Ally.
Source: Music ally

Short videos app Clash raises funding and buys rival Byte

We wrote about Byte when it launched in January 2020: it was created by the co-founder of Vine as a new take on short-video apps. In July, it announced plans to add music to its app. We’ve also written about Clash Video, another short-video app, founded by a TikToker and launched in July 2020. Now the two are […]
The post Short videos app Clash raises funding and buys rival Byte appeared first on Music Ally.
Source: Music ally

Spotify is testing geotargeted tracks to slow down drivers

Spotify can put songs in your personalised playlists targeted by your tastes, but a pilot project in Australia is seeing the streaming service inserting songs based on listeners’ location. Specifically those who are within 5km of school zones in Queensland. It’s a partnership with the Australian Road Safety Foundation that “will work to keep kids safe within […]
The post Spotify is testing geotargeted tracks to slow down drivers appeared first on Music Ally.
Source: Music ally

IFPI and BVMI win injunction against stream-manipulation site

The IFPI and its member bodies are on a drive to crack down on stream-ripping piracy destinations, but ‘streaming manipulation’ sites are also very much on their radar. The latest proof is an injunction issued in Germany against a site called likeservice24·de, which IFPI claims is “a widely-used website engaged in illicit music streaming manipulation […]
The post IFPI and BVMI win injunction against stream-manipulation site appeared first on Music Ally.
Source: Music ally

UMG and Lego’s partnership spawns Vidiyo music video-making app

In April 2020, Universal Music Group and Lego announced that they were working together on some new music-focused products for kids, to be released in 2021. Now the first of those products has been unveiled. It’s called Vidiyo, and it includes an augmented reality app, a new collection of Lego minifigures, and a catalogue of music from […]
The post UMG and Lego’s partnership spawns Vidiyo music video-making app appeared first on Music Ally.
Source: Music ally

Rebuilding Europe study stresses creative industries’ importance

As music and other creative industries continue to lobby for support from governments and policymakers to get through the Covid-19 pandemic, figures showing their importance to the wider economy are crucial. Expect to hear a lot about a new Rebuilding Europe report by research firm EY, then – commissioned by the European Grouping of Societies of Authors and […]
The post Rebuilding Europe study stresses creative industries’ importance appeared first on Music Ally.
Source: Music ally

YouTube reveals $30bn payouts figure for last three years

YouTube CEO Susan Wojcicki has published her latest letter to YouTube’s community of creators, and as usual there are some new figures alongside the recap and future plans. The big number: “Over the last three years, we’ve paid more than $30 billion to creators, artists, and media companies,” wrote Wojcicki. She also provided an update on […]
The post YouTube reveals $30bn payouts figure for last three years appeared first on Music Ally.
Source: Music ally

Round Hill boss sceptical about major music firms’ priorities

Josh Gruss, CEO of Round Hill Music, was the keynote interviewee for NY:LON Connect’s publishing strand yesterday. He offered some views on the disparity in digital royalties between recordings and songs. “I think it should be around 50/50. You don’t have a recording without the song. You also don’t have a concert without the song,” […]
The post Round Hill boss sceptical about major music firms’ priorities appeared first on Music Ally.
Source: Music ally

ByteDance: ‘We don’t know when we will make a comeback in India’

TikTok’s parent company ByteDance is cutting back its workforce in India, after the government there decided to renew its ban on TikTok and other apps of Chinese origin. Reuters reported on an internal memo from ByteDance setting out its plans. “We initially hoped that this situation would be short-lived…we find that has not been the case,” it […]
The post ByteDance: ‘We don’t know when we will make a comeback in India’ appeared first on Music Ally.
Source: Music ally

Music industry diversity and equity must be about ‘legacy changes’

Yesterday’s third track in the NY:LON Connect conference we co-run with Music Biz focused on diversity, equity and inclusion in the music industry, starting with a keynote session involving Binta Brown, founder of Omalily Projects and co-founder of the Black Music Action Coalition, and Paulette Long OBE, deputy chair of UK Music’s diversity taskforce. “I’m […]
The post Music industry diversity and equity must be about ‘legacy changes’ appeared first on Music Ally.
Source: Music ally

Tools. Crowdtangle: Follow, analyze, and report on what’s happening with public content on social media

CrowdTangle, which was bought by Facebook in 2017, is a tool for media publishers and content creators to track how content spreads online, and to see what content their target audience engages with. CrowdTangle is free to use and can be used – to a certain extent – by anyone, but the platform’s full analytics […]
The post Tools. Crowdtangle: Follow, analyze, and report on what’s happening with public content on social media appeared first on Music Ally.
Source: Music ally

Vimeo’s latest funding round values the company at $5bn

We last wrote about video streaming service Vimeo in November 2020, when it raised $150m in a new funding round, as parent company IAC mulled a spin-off for the service. Now the company is turning to investors again, raising another round of $300m which IAC said values Vimeo at more than $5bn. In fact, it quantified the ‘more’ […]
The post Vimeo’s latest funding round values the company at $5bn appeared first on Music Ally.
Source: Music ally

Label Big Dada relaunches with new focus on minority communities

Independent label Ninja Tune’s Big Dada subsidiary already has a strong reputation for its hip-hop releases, but now it is relaunching with a new mission statement. Big Dada will now be “run by Black, POC & Minority Ethnic people for Black, POC & Minority Ethnic artists” – the company provided a “for lack of a better […]
The post Label Big Dada relaunches with new focus on minority communities appeared first on Music Ally.
Source: Music ally

African music accounts for 70% of streams on Boomplay service

Streaming service Boomplay’s MD East Africa Martha Huro was one of the speakers at the NY:LON Connect conference yesterday, in an MQA-hosted session on opportunities for regional DSPs. She offered insight into trends on the pan-African streaming service. “70% of our total streams come from African content,” she said, adding that this guides Boomplay’s strategy […]
The post African music accounts for 70% of streams on Boomplay service appeared first on Music Ally.
Source: Music ally

Spotify and Apple show narrative ambition with new audio stories

There is more to non-music audio than podcasts, as we’ve been pointing out recently. The latest proof comes from Spotify and Apple, with their latest content experiments. Spotify has released nine new audiobooks on its service. Well, we say ‘new’ – they are all classic, public-domain books – ‘Great Expectations’, ‘Jane Eyre’, ‘Frankenstein’ etc – but brand new recordings […]
The post Spotify and Apple show narrative ambition with new audio stories appeared first on Music Ally.
Source: Music ally

PRS Foundation launches ‘Power Up’ anti-racism initiative

PRS Foundation is hoping to follow the success of its Keychange initiative, which supports underrepresented genders in the music industry, with a new movement tackling anti-Black racism. It’s called ‘Power Up’, and is launching as a partnership with YouTube Music, Beggars Group and the Black Music Coalition, with the backing of a number of industry […]
The post PRS Foundation launches ‘Power Up’ anti-racism initiative appeared first on Music Ally.
Source: Music ally

UTA’s David Zedeck: livestreaming will be a ‘virtual balcony’

The NY:LON Connect conference that we co-run with Music Biz kicked off its first online edition yesterday with a track on the future of live and livestreaming, including a keynote interview with UTA partner and global head of music David Zedeck, conducted by Billboard’s Taylor Mims. He talked about how he sees livestreaming’s future once […]
The post UTA’s David Zedeck: livestreaming will be a ‘virtual balcony’ appeared first on Music Ally.
Source: Music ally

WMG teams up with FMG for Adaptr startups licensing platform

Warner Music Group has teamed up with Feed Media Group – the company behind B2B music firm Feed.fm – to launch an initiative that aims to make it easier for startups to license music.
It’s called Adaptr, and its core is a pre-licensed library of music for developers to use in their apps, for which they’ll pay a subscription fee.
WMG is the launch partner with both recorded music and publishing rights, although BMG Records, Equal Vision Records, Vio Mobile and A-Train Distribution are also part of Adaptr.
The project includes APIs and SDKs to help developers use the pre-cleared music, as well as curation tools. The announcement promises that “rightsholders are paid for every stream” from the resulting apps and services.
The post WMG teams up with FMG for Adaptr startups licensing platform appeared first on Music Ally.
Source: Music ally

Clubhouse has 2m users, new funding and plans for ‘creators’

In our world, chatter about ‘audio’ tends to focus on podcasts, and music streaming services’ drive into that form of content. However, there’s a wider audio trend getting Silicon Valley excited, and Clubhouse is one of the main reasons. It’s the service once described as “a mashup of Spotify, Zoom and even the X Factor“, […]
The post Clubhouse has 2m users, new funding and plans for ‘creators’ appeared first on Music Ally.
Source: Music ally

TikTok’s new creator portal has tips for TikTokers old and new

There’s a long history of video and social media platforms building detailed ‘playbooks’ – resources teaching the people using their services how to build audiences and make good stuff. TikTok is no different: it has just revamped its educational materials with the launch of the TikTok Creator Portal. Aimed at creators old and new, it promises best-practice […]
The post TikTok’s new creator portal has tips for TikTokers old and new appeared first on Music Ally.
Source: Music ally

Nigerian musicians await resolution in battle of the PROs

In January 2019 during a panel on Africa’s music industries at NY:LON Connect, Chocolate City group’s Aibee Abidoye talked about one of the challenges in Nigeria: competing collecting societies causing confusion in the market – including giving broadcasters an excuse for avoiding paying royalties for music usage. Are things looking any more settled two years on? This […]
The post Nigerian musicians await resolution in battle of the PROs appeared first on Music Ally.
Source: Music ally

Indian music company Saregama reports latest financials

Saregama is one of the Indian media firms focusing on both music and films – and, indeed, music for/from films. Its latest financial results reveal that the business is holding up despite the Covid-19 pandemic’s effects on India’s movie industries. Saregama’s quarterly revenues were up by 7% year-on-year to 134.6 crore rupees (around $18.5m) even though its […]
The post Indian music company Saregama reports latest financials appeared first on Music Ally.
Source: Music ally

Sea shanties singer Nathan Evans gets a major label deal

As we write this story, Scottish artist Nathan Evans is on course for a top 10 hit in the UK with ‘Wellerman’ – his sea-shanty cover that took TikTok by storm. There’s an obligatory heartwarming story about him giving up his job as a postman for a career in music. But behind this, there’s an industry move: Evans […]
The post Sea shanties singer Nathan Evans gets a major label deal appeared first on Music Ally.
Source: Music ally

Buying catalogues is a sprint, but managing them is a marathon

It’s easy to buy a catalogue of songs – well, it is if you have the money, obviously – but the challenge of managing them well to grow revenues is an important challenge. “Marketing is absolutely at the core of future success for song catalogues, even if lucky random breaks will continue to happen thanks to […]
The post Buying catalogues is a sprint, but managing them is a marathon appeared first on Music Ally.
Source: Music ally

Native Instruments sells majority stake to Francisco Partners

By the end of 2020, Native Instruments had more than 1.5 million monthly active users of its products for making music and DJing. This, plus the wider buzz around music creation technology, has been making investors’ ears prick up. Native Instruments’ majority owner is an investment company called EMH Partners, which bought in to NI […]
The post Native Instruments sells majority stake to Francisco Partners appeared first on Music Ally.
Source: Music ally

Bob Dylan’s catalogue sale sparks lawsuit over co-writes

Where there’s money, there are invariably lawsuits. There’s certainly money in musicians selling their catalogues and royalty interests to investment companies, and lo and behold, there are lawsuits popping up as a result. Bob Dylan is facing one, after selling his song catalogue to Universal Music Group in December. Billboard reported on the lawsuit from the […]
The post Bob Dylan’s catalogue sale sparks lawsuit over co-writes appeared first on Music Ally.
Source: Music ally

British artists criticise UK government over Brexit mess

Musicians in the UK are still angry about the lack of a deal to help them avoid increased costs and red tape when touring Europe, after Brexit. A number of them have written an open letter to the British government lambasting its failure to reach an agreement with the EU on this point. “British musicians, dancers, actors […]
The post British artists criticise UK government over Brexit mess appeared first on Music Ally.
Source: Music ally

UK’s music streaming economics inquiry publishes written evidence

If you had the metaphorical (or, indeed, literal) popcorn out on Tuesday for the latest sessions in the UK parliamentary inquiry into the economics of music streaming… well, perhaps grab a few more bags now and settle in for the day.
The committee behind the inquiry has just published all the written evidence submitted by musicians, industry bodies and other interested parties. You can browse through it here.
We’re going to be rooting through the submissions and drawing out the most interesting arguments made, and will be updating this post with our findings.
The post UK’s music streaming economics inquiry publishes written evidence appeared first on Music Ally.
Source: Music ally

Netflix shares soar as video services passes 200m subscribers

Netflix ended 2020 with 203.7 million paying subscribers, according to its latest financial results. The company added 8.5 million net paid members in the final quarter of the year, and 37 million in 2020 as a whole – a record for Netflix. The video streaming service generated $6.64bn of revenues in Q4, and a net profit […]
The post Netflix shares soar as video services passes 200m subscribers appeared first on Music Ally.
Source: Music ally

Spotify users created more than 12k new sea shanty playlists

Why are sea shanties so popular on TikTok and streaming services right now? Wait for it… Because they arrrrrrrrr! With #ShantyTok establishing itself as 2021’s first unexpected social/streaming music trend, Spotify has revealed some stats on how sea shanties are catching on with its listeners. The company says that its users have created more than […]
The post Spotify users created more than 12k new sea shanty playlists appeared first on Music Ally.
Source: Music ally

BBTV says its music video content gets 391m monthly viewers

BBTV is one of the companies that works with music artists and channels to boost their YouTube performance: clients include mtheory (Major Lazer included); Future Classic (Flume included) and 21 Savage. Now the company has published its latest stats on how its roster of channels and videos is doing on YouTube. It claims that in […]
The post BBTV says its music video content gets 391m monthly viewers appeared first on Music Ally.
Source: Music ally

Smart speakers startup Syng hires Rio Caraeff ahead of launch

We wrote about Syng in May 2020: it was a startup founded by former Apple design team member Christopher Stringer, which was planning to launch its own smart speaker and subscription service. The company is still working on those first products, but as launch nears, it has made a significant hire: former Vevo and Magic Leap […]
The post Smart speakers startup Syng hires Rio Caraeff ahead of launch appeared first on Music Ally.
Source: Music ally

Call for entries: Midemlab 2021 music startups contest

Music tech startups! It’s that time of year again: when industry conference Midem opens the applications process for its Midemlab startups contest. It’s the competition’s 14th year, and as ever Music Ally is delighted to be one of the selecting partners (alongside Panache Ventures and The Lynk) who’ll be rummaging through the applicants to pick […]
The post Call for entries: Midemlab 2021 music startups contest appeared first on Music Ally.
Source: Music ally

Wave is shutting down its VR app to focus ‘outside headsets’

Wave started life as a virtual reality music startup, with an app hosting VR raves. In recent times, it has pivoted to become more of a production tool: artists like The Weeknd have used it to turn their livestreams into hybrid video/animation events, to be broadcast on bigger social and video platforms. Now Wave is […]
The post Wave is shutting down its VR app to focus ‘outside headsets’ appeared first on Music Ally.
Source: Music ally

Live Nation makes its livestreaming move with Veeps deal

If you needed a sign that livestreaming is likely to sit side-by-side with physical concerts even once the latter return at scale, how about Live Nation buying a majority stake in a livestreaming startup? That happened yesterday, as the live giant bought in to Veeps, the company founded by musicians Joel and Benji Madden of Good […]
The post Live Nation makes its livestreaming move with Veeps deal appeared first on Music Ally.
Source: Music ally

Major labels gave evidence to the UK’s music streaming economics inquiry… so what did we learn?

It’s actually pretty rare to get genuine smoking-gun ‘gotchas’ from political inquiries in the moment.
When they work well, it’s more about patient, forensic questioning that elicits genuinely enlightening answers – and sometimes quotes that later come back to haunt the speaker.
Did we get that from this morning’s sessions at the UK parliamentary inquiry into music streaming’s economics? Yes and no.
There were some very well-briefed questions for the three major labels’ UK bosses that got to the heart of some of the key issues in the debate about musicians and streaming income… and there were some moments that made me want to bang my head against the desk.
Sometimes unfairly, perhaps. When one MP asked labels why there’s no collective licensing for recordings literally right after taking evidence from recordings collective licensor PPL, they probably just forgot to include ‘for streaming’ in their question.
And when PRS for Music’s boss seemed to be avoiding answering a question about whether a lack of competition is stifling innovation – a topic raised in the collecting society’s own written submission to the hearing – it may have simply been a misunderstanding of the question.
And when the boss of the world’s biggest major label’s UK arm seems to come out in favour of user-centric licensing while slamming the recommendation algorithms of streaming services, but the questioners don’t follow up on either… Well actually, that IS worth an enthusiastic head/desk bang.
Having watched the whole morning: one session with PPL and PRS, and another with the majors, here are some of the key points made. You can also read our report on the first session of the inquiry, which explored the views of the Broken Record campaign, here.
The post Major labels gave evidence to the UK’s music streaming economics inquiry… so what did we learn? appeared first on Music Ally.
Source: Music ally

Laura Marling livestream to be rebroadcast as ticketed event

Last summer, Laura Marling sold 6,500 tickets for her two livestreamed shows from the Union Chapel venue in London: one of the first examples of a ticketed livestream utilising that kind of performance space during the Covid-19 pandemic. Now her team is experimenting again: exploring how much replay value there is in those original concerts. On 31 […]
The post Laura Marling livestream to be rebroadcast as ticketed event appeared first on Music Ally.
Source: Music ally

WMG strikes deal with Punjabi music firm Sky Digital India

As India’s music streaming market grows, so the western major labels continue to seek out partners to grow their foothold there. The latest example is Warner Music Group’s new distribution agreement with Sky Digital India, an aggregator of Punjabi music from more than 42 Indian labels, as well as running a collection of Punjabi music […]
The post WMG strikes deal with Punjabi music firm Sky Digital India appeared first on Music Ally.
Source: Music ally

Scruff of the Neck launches live music shows on Twitch

British live music promoter Scruff of the Neck is trying out a new business model on livestreaming service Twitch. It’s launching a channel called Scruff of the Neck TV, which will be airing three-hour shows with live music performances, with 10 planned this month before settling into a schedule of performances, podcasts and artist interviews from […]
The post Scruff of the Neck launches live music shows on Twitch appeared first on Music Ally.
Source: Music ally

Feat guide offers anti-touting tips for agents and promoters

Ticket touting has dropped out of the music industry headlines over the last nine months – unsurprisingly, given that in many countries there aren’t many tickets to tout due to the Covid-19 pandemic. But as the live industry continues its preparations for a return at scale (hopefully) later this year, so the murkier side of secondary […]
The post Feat guide offers anti-touting tips for agents and promoters appeared first on Music Ally.
Source: Music ally

Publishers and PROs ‘disappointed’ as US consent decrees are unchanged

The US Justice Department has decided to leave the ‘consent decrees’ governing public performances of music unchanged, sparking an unimpressed response from publishers and collecting societies there. This is the legislation that means Ascap and BMI have to license their entire catalogue of music for public performance by any company that requests it. Both PROs […]
The post Publishers and PROs ‘disappointed’ as US consent decrees are unchanged appeared first on Music Ally.
Source: Music ally

Bicep turn their ‘Isles’ artwork into an Instagram filter

The latest artist to turn their artwork into a whizzy Instagram filter is Bicep. Signed to Ninja Tune, their new album ‘Isles’ comes out on 22 January, with the filter launching ahead of it – tap on this link from your phone to try it. It’s not just a fun effect though: fans creating videos with it […]
The post Bicep turn their ‘Isles’ artwork into an Instagram filter appeared first on Music Ally.
Source: Music ally

UK and European Comission disagree over who’s to blame for Brexit music woes

While musicians in the UK and Europe fret about the Brexit deal’s impact on touring, the British government and European Commission are arguing about who’s fault it is. “We sought a mutually beneficial agreement that would have allowed performers to continue working and perform across the continent without the need for work permits. Musicians, artists, […]
The post UK and European Comission disagree over who’s to blame for Brexit music woes appeared first on Music Ally.
Source: Music ally

Report: global startups funding grew by 4% in 2020 to $300bn

We’ve written a lot about what the Covid-19 pandemic meant for the music industry, but what about the wider tech world – and funding for startups in particular? CrunchBase has published its annual review of the figures. It claims that global venture funding grew by 4% year-on-year to $300bn in 2020, and then breaks this […]
The post Report: global startups funding grew by 4% in 2020 to $300bn appeared first on Music Ally.
Source: Music ally

UMG signs music licensing deal with fitness service Variis

Variis isn’t a fitness startup as such: it’s a fitness app launched last March by Equinox Media, owner of a chain of gyms in the US. The app works with a Peloton-style connected exercise bike, which costs $2,500, and provides video lessons from instructors. Now, like Peloton, Variis is signing licensing deals with major music labels. […]
The post UMG signs music licensing deal with fitness service Variis appeared first on Music Ally.
Source: Music ally

Tencent Music could raise $3.5bn from secondary offering

Chinese digital music giant Tencent Music went public in 2018 with an IPO on the New York Stock Exchange. Now, however, the company may be preparing a secondary offering in Hong Kong that could raise up to $3.5bn. That’s according to Nikkei Asia, which suggested that TME’s plans are part of a trend for Chinese companies that are […]
The post Tencent Music could raise $3.5bn from secondary offering appeared first on Music Ally.
Source: Music ally

Sonos Radio is the third most-streamed service on its devices

The latest musicians to curate channels on Sonos Radio were announced yesterday: D’Angelo, FKA Twigs, Björk and the Chemical Brothers are the latest artists to turn DJ for the hardware firm’s streaming service. But another detail in the announcement caught our eye: the fact that Sonos Radio is now “the third most streamed service on Sonos”. That’s […]
The post Sonos Radio is the third most-streamed service on its devices appeared first on Music Ally.
Source: Music ally

Sandbox Issue 267 :: The Optimism Issue. 2021

Lead: 2021 – The Optimism Issue:  Let’s not dwell any longer than necessary on the seemingly never-ending year of challenges that was 2020. In this issue we look forward with optimism and find many reasons to be cheerful in 2021. We asked our international panel of industry experts to explain what gave them hope in […]
The post Sandbox Issue 267 :: The Optimism Issue. 2021 appeared first on Music Ally.
Source: Music ally

Report claims Twitch viewing hours grew by 83% in 2020

Video streaming industry firm StreamElements has published its latest report on the state of the livestreaming market, using data from analytics firm Arsenal·gg. Among the claims: that Twitch saw its viewing hours grow by 83%, from 9bn hours in 2019 to 17bn in 2020. The report also suggests that in December 2020 alone, people watched Twitch […]
The post Report claims Twitch viewing hours grew by 83% in 2020 appeared first on Music Ally.
Source: Music ally

Expect more rows in 2021 over platform moderation of podcasts

Hot Pod News founder Nicholas Quah is one of the sharpest analysts of the podcasting industry, so his ‘2021 Year in Preview‘ post is well worth a read. Among its predictions: more moderation rows ahead over the content of podcasts made available through big platforms like Spotify and Apple Podcasts. “I have a strong feeling […]
The post Expect more rows in 2021 over platform moderation of podcasts appeared first on Music Ally.
Source: Music ally

The latest unexpected TikTok trend is… sea shanties?

“Soon may the Wellerman come, to bring us sugar and tea and rum…” In a day of news with plenty of worries for our industry – Brexit, concert cancellations etc – here’s some light relief: the latest music craze on TikTok is sea shanties. A growing number of TikTokers are singing traditional sailors’ songs, often […]
The post The latest unexpected TikTok trend is… sea shanties? appeared first on Music Ally.
Source: Music ally

Aim calls for UK / EU cooperation to resolve Brexit mess

Anger is still reverberating around the British music industry about the costs and red tape musicians will face touring in Europe following Brexit. News that Brits running training seminars on the continent wouldn’t need a permit spurred artist Tim Burgess to note that “setting up The Charlatans Business Consultancy Inc – where people buy tickets and I sing […]
The post Aim calls for UK / EU cooperation to resolve Brexit mess appeared first on Music Ally.
Source: Music ally

The 1975 cancel all their scheduled concerts for 2021

Remember the days, in March last year, when concerts and festivals were being postponed to the autumn? Those were optimistic times. Live music is coming back in a number of countries that have Covid-19 under control, but in many major music markets it’s still unclear whether autumn *this* year will be possible for concerts at […]
The post The 1975 cancel all their scheduled concerts for 2021 appeared first on Music Ally.
Source: Music ally

Shakira and KT Tunstall sell stakes in their music catalogues

Two 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 100% of her music publishing rights for her entire catalogue of 145 songs. “One of the most serious and successful songwriters […]
The post Shakira and KT Tunstall sell stakes in their music catalogues appeared first on Music Ally.
Source: Music ally

Music Ally Startup Files: Bitfury Surround – After the initial hype disappointed, can blockchain tech have a second coming for music?

Bitfury Surround says it is about to provide a platform that can take all your data, attach it to the blockchain, and standardise it. Then, you can look at this vast, interconnected set of data and figure out, for instance, the money you’ve not recovered, and who you need to get it from. Or figure out who to market to […]
The post Music Ally Startup Files: Bitfury Surround – After the initial hype disappointed, can blockchain tech have a second coming for music? appeared first on Music Ally.
Source: Music ally

Social app Parler faces app store removals and partner pullouts

“Ban him @discogs, just in case,” from musician Damon Krukowski was one of the tweets that raised a smile after Twitter and a host of other social and video platforms banned or suspended US president Donald Trump’s accounts. The crackdown en masse by mainstream platforms also sparked debate about where Trump and his supporters will move, online-wise. […]
The post Social app Parler faces app store removals and partner pullouts appeared first on Music Ally.
Source: Music ally

Sony unveils its first 360 Reality Audio smart speakers

Sony’s consumer electronics arm has been showing off its new smart speakers, which are its first to use the company’s 360 Reality Audio format. They do stick to some Sony traditions though: numberwangtastic product names: the SRS-RA5000 and SRS-RA3000 will be launching in the next couple of months. Both devices will offer a choice of voice […]
The post Sony unveils its first 360 Reality Audio smart speakers appeared first on Music Ally.
Source: Music ally

Primavera-funded study explores Covid-safe concert measures

A study commissioned by Spanish festival Primavera Sound has offered some pointers to the kind of safety measures that could be used at concerts when they start to return later this year. A gig at an indoors venue for 463 people who’d been tested (negative!) on the same day for Covid-19 took place on 12 […]
The post Primavera-funded study explores Covid-safe concert measures appeared first on Music Ally.
Source: Music ally

UK recorded music market grew by 6.8% to £1.55bn in 2020

We reported last week on industry body the BPI’s report that music consumption grew by 8.2% in the UK last year. Now we have some revenue figures to set alongside that, courtesy of the Entertainment Retailers Association (Era). It claims that Brits spent £1.55bn on music across physical sales, download sales and streaming subscriptions in 2020, up by […]
The post UK recorded music market grew by 6.8% to £1.55bn in 2020 appeared first on Music Ally.
Source: Music ally

SiriusXM writes down Pandora value by $1bn citing royalties

US satellite radio firm SiriusXM has revealed that it is writing down the value of Pandora, its music streaming subsidiary, by around $1bn. The news came in SiriusXM’s announcement to investors of its expectations for 2021 under newly-installed CEO Jennifer Witz. “In connection with its annual impairment assessment of goodwill and other indefinite-lived intangible assets, the company […]
The post SiriusXM writes down Pandora value by $1bn citing royalties appeared first on Music Ally.
Source: Music ally

UK music industry enraged by post-Brexit touring revelation

“Immigration arrangements for members of the armed forces, musicians and other performers are completely unchanged, and those routes will operate as they do now,” said the UK’s home secretary Priti Patel in February 2020, during a parliamentary debate on plans for a new points-based immigration system after the UK Brexited from the European Union. 11 months […]
The post UK music industry enraged by post-Brexit touring revelation appeared first on Music Ally.
Source: Music ally

Report: games and interactive media made $139.9bn in 2020

It isn’t news that the games industry is now much bigger than the recorded music industry, and rather than that getting us down, it should fuel our excitement about the potential collaborations between the two industries. Some new figures on exactly how big the games market is are out this week from research firm SuperData. Its […]
The post Report: games and interactive media made $139.9bn in 2020 appeared first on Music Ally.
Source: Music ally

Facebook redesigns pages with focus on followers over likes

How many likes does your top artist’s or company’s Facebook page have? Who cares?! At least, that’s one of the messages coming from Facebook’s latest redesign of how its pages look and work. “We are removing Likes and focusing on Followers to simplify the way people connect with their favorite Pages,” explained Facebook in a blog […]
The post Facebook redesigns pages with focus on followers over likes appeared first on Music Ally.
Source: Music ally

Apple hails Apple Music’s ‘record year’ (without user figure)

It’s our strong suspicion that Apple Music will soon have more than 100 million paying users, and that Apple is waiting for that milestone before updating its official stat from the 60 million figure it revealed in June 2019. If so, that’s why a new users stat is missing from Apple’s announcement reviewing its services’ performance in […]
The post Apple hails Apple Music’s ‘record year’ (without user figure) appeared first on Music Ally.
Source: Music ally

Hunter Walk’s ‘creator wellness’ ideas apply to music too

Former YouTube executive Hunter Walk, who’s now an investor, has published an interesting article with some suggestions for dealing with ‘creator burnout’ on platforms like Instagram, YouTube and TikTok. We think it may have some useful ideas for the music industry too, where many artists feel like they’re on a similar algorithm-driven treadmill of content creation. “What’s […]
The post Hunter Walk’s ‘creator wellness’ ideas apply to music too appeared first on Music Ally.
Source: Music ally

Roblox raises $520m funding round from investors including WMG

Gaming platform Roblox was all set to go public in late 2020, before putting off its IPO until this year to give more time to decide how to price it. Now the company has sprung a surprise with a new funding round of $520m – its Series H round – valuing Roblox at $29.5bn. The round was led by VC […]
The post Roblox raises $520m funding round from investors including WMG appeared first on Music Ally.
Source: Music ally

Cameo sold 1.3m videos in 2020, with revenues of $100m

Another Covid-19 pandemic trend has been a flood of celebrities joining Cameo, the service set up for fans to pay their favourite (or comically obscure) stars to record video messages for their friends, family or colleagues. Now Cameo has revealed some stats on what this meant for its business in 2020. According to Axios, Cameo sold […]
The post Cameo sold 1.3m videos in 2020, with revenues of $100m appeared first on Music Ally.
Source: Music ally

Swedish startup Staccs preps music concerts streaming service

A lot has been written about the growth of livestreamed music performances during the Covid-19 pandemic – including some shows that were pre-recorded. Meanwhile, some artists and labels with archives of past concerts have been exploring YouTube as a way to keep fans entertained, including using its premieres feature to turn them into social events. Now […]
The post Swedish startup Staccs preps music concerts streaming service appeared first on Music Ally.
Source: Music ally

Neil Young sells 50% of his song catalogue to Hipgnosis

The first few working days of 2021 have been a powerful statement of intent for Hipgnosis Songs Fund, albeit a pretty blistering one for its corporate wallet. Hot on the heels of its deals with Jimmy Iovine and Lindsey Buckingham, today the company has announced a swoop for Neil Young’s songs catalogue. Well, 50% of […]
The post Neil Young sells 50% of his song catalogue to Hipgnosis appeared first on Music Ally.
Source: Music ally

UK Music sets its sights on summer for live music’s return

We’ll be avoiding generalisations about Covid-19 and live music this year: in countries whose governments have dealt with the epidemic decisively and effectively, concerts are already coming back. In others… that’s not the case. Talking of which: UK Music has published a report targeting this summer for the restarting of the UK’s live music industry. Accompanied […]
The post UK Music sets its sights on summer for live music’s return appeared first on Music Ally.
Source: Music ally

Investment firm Shuaa Capital buys stake in Anghami

Early last year, there were rumours that Middle Eastern streaming service Anghami might be up for sale, fresh from generating more than 10bn streams in 2019. A year on, and Anghami remains independent, but it is raising money. Dubai-based investment firm Shuaa Capital has taken a stake in Anghami, although the terms of the transaction have yet […]
The post Investment firm Shuaa Capital buys stake in Anghami appeared first on Music Ally.
Source: Music ally

Aller à la barre d’outils