Day: 3 février 2021

Tools. Community: Supercharging text to make connecting one-to-Community as easy as connecting one-to-one

SMS marketing platform Community first made it onto our radar in January 2019, after Ashton Kutcher had invested into the company and a flurry of high-profile artists started using the platform (like Eminem, Paul McCartney and Jennifer Lopez). Since then, artists wanting to make use of Community have had to join a waitlist and little […]
The post Tools. Community: Supercharging text to make connecting one-to-Community as easy as connecting one-to-one appeared first on Music Ally.
Source: Music ally

Spotify ended 2020 with 345m users including 155m subscribers

Spotify’s latest financial results are out, covering the fourth quarter of 2020, and thus the full calendar year.
The streaming service ended the year with 345 million monthly active users, including 155 million premium subscribers. That was year-on-year growth of 27% and 24% respectively, with ad-supported (free) users up 30% to 199 million.
Spotify’s quarterly revenues grew by 17% year-on-year to €2.17bn, although the company remains in the red with a quarterly operating loss of €69m, and a net loss of €125m.
The post Spotify ended 2020 with 345m users including 155m subscribers appeared first on Music Ally.
Source: Music ally

ByteDance sues Tencent in China over WeChat and QQ policies

Chinese tech giants ByteDance and Tencent have been locking horns on the app stores for some time, but now they may be heading to court. ByteDance has sued Tencent alleging monopolistic behaviour in the latter’s WeChat and QQ social platforms. Specifically, it claimed that they are blocking content from ByteDance’s Douyin – the Chinese version of TikTok […]
The post ByteDance sues Tencent in China over WeChat and QQ policies appeared first on Music Ally.
Source: Music ally

Amazon posts its first $100bn quarter as CEO Bezos steps down

Apple posted its first ever $100bn-revenues quarter last week, and now Amazon has hit the same milestone. In fact, Amazon’s net sales grew by 44% year-on-year to $125.6bn in the fourth quarter of 2020, fuelled by pandemic home-shopping habits. That helped the company to post an operating profit of $6.9bn. For the full year, Amazon’s revenues were […]
The post Amazon posts its first $100bn quarter as CEO Bezos steps down appeared first on Music Ally.
Source: Music ally

Breakr wants to help artists find influencers to work with

As the ‘TikTok-fuelled hit’ stories keep coming, so the idea of enlisting influencers on that and other social apps to help break a new track becomes more appealing – even if manufacturing such virality remains challenging. Breakr is one of the startups popping up promising to help. It’s a platform for ‘music influencers’ and artists, who can […]
The post Breakr wants to help artists find influencers to work with appeared first on Music Ally.
Source: Music ally

CreateSafe makes a publishing simulator for streaming income

Last September, we wrote about startup CreateSafe’s launch of a ‘record deal simulator’, which let anyone plug in figures for advances, recording and marketing costs, as well as artist/label splits, to gauge how many streams an artist would need in order to recoup. It was widely shared within the industry, and was also cited in the […]
The post CreateSafe makes a publishing simulator for streaming income appeared first on Music Ally.
Source: Music ally

Jonathan Azu launches Diversity in Music employment database

Culture Collective managing partner Jonathan Azu was one of the speakers on our NY:LON Connect ‘label evolution’ panel last year. Now he’s starting a new project that aims to help the wider music industry evolve. It’s called Diversity in Music, and is a talent database of Bipoc (Black, Indigenous, People of Colour) and women music professionals looking for […]
The post Jonathan Azu launches Diversity in Music employment database appeared first on Music Ally.
Source: Music ally

Viagogo told to sell StubHub’s business outside North America

The UK’s Competition and Markets Authority (CMA) has issued its verdict on secondary ticketing firm Viagogo’s acquisition of rival StubHub. The regulator says Viagogo will have to sell StubHub’s business outside North America, and that the CMA will have to approve the purchaser of the business before any sale can go through. The body had concluded that […]
The post Viagogo told to sell StubHub’s business outside North America appeared first on Music Ally.
Source: Music ally

YouTube advertising revenues grew 46% to $6.9bn in Q4 2020

Google and YouTube’s parent company Alphabet published its latest financial numbers yesterday, including advertising revenue figures for YouTube. They show a big bounce-back from the initial hit caused by the Covid-19 pandemic: YouTube ads made $6.89bn in the final quarter of 2020, up 46% year-on-year. That means YouTube advertising accounted for just over 12% of Alphabet’s overall […]
The post YouTube advertising revenues grew 46% to $6.9bn in Q4 2020 appeared first on Music Ally.
Source: Music ally

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