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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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Source: Music ally