Snapchat ended 2022 with 375m users but flat revenue growth
Snapchat’s parent company Snap announced its latest quarterly financial results yesterday. Its app ended 2022 with 375 million daily users.
The post Snapchat ended 2022 with 375m users but flat revenue growth appeared first on Music Ally.
Source: Music ally
Beatport buys a majority stake in electronic music brand IMS
Beatport has been one of the more acquisitive music companies in recent years, and yesterday it announced its latest deal.
The post Beatport buys a majority stake in electronic music brand IMS appeared first on Music Ally.
Source: Music ally
Encore Music Tech Solutions launches with Empire Publishing deal
Startup Encore Music Tech Solutions has launched to help more music companies modernise their royalties and payments systems.
The post Encore Music Tech Solutions launches with Empire Publishing deal appeared first on Music Ally.
Source: Music ally
Aimi’s new app lets listeners interact with its musical AI
We know startup Aimi as the company behind an app that provides adaptive electronic music using its AI system.
The post Aimi’s new app lets listeners interact with its musical AI appeared first on Music Ally.
Source: Music ally
Unison files new lawsuit against Spanish collecting society SGAE
The collecting societies sector in Spain has a chequered history. SGAE was expelled from global societies body CISAC in 2019.
The post Unison files new lawsuit against Spanish collecting society SGAE appeared first on Music Ally.
Source: Music ally
Utopia Music promises a ‘faster, leaner’ company as CEO departs
Changes are brewing at Utopia Music with the announcement yesterday that CEO Markku Mäkeläinen has left the company.
The post Utopia Music promises a ‘faster, leaner’ company as CEO departs appeared first on Music Ally.
Source: Music ally
UMG’s DSP talks include bonus pools and superfan subscriptions
We reported on Universal Music Group’s announcement yesterday that it’s working with Tidal on a new economic model for streaming.
The post UMG’s DSP talks include bonus pools and superfan subscriptions appeared first on Music Ally.
Source: Music ally
Spotify CEO on spending decisions: ‘I probably got a little carried away’
Regrets? He had a few, but Spotify CEO Daniel Ek also defended his company’s spending decisions in 2022 in the company’s Q4 earnings call.
The post Spotify CEO on spending decisions: ‘I probably got a little carried away’ appeared first on Music Ally.
Source: Music ally