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%) […]

Country Profile – Mexico 2020

In a fast-growing region for recorded music income, Mexico has continued to shine, its impressive annual results showing continued growth and impressive numbers. The post Country Profile – Mexico 2020 appeared first on Music Ally. Source: Music ally

Deezer claims $1.4bn valuation with TV Azteca partnership in Mexico

Deezer is doubling down on Latin America courtesy of a partnership with Mexican broadcaster TV Azteca that it says values the music streaming service at €1.3bn ($1.4bn). That’s based on a $40m investment in Deezer by TV Azteca over “a multi-year period”, and would mean that Deezer has not just maintained its ‘unicorn’ status – the […]

Latin America gets electronic-music conference Cancun Music Week

Mexico will be the location for Latin America’s latest new music conference, Cancun Music Week. It will take place in Cancun from 3-9 August, and will focus on electronic music with a mixture of DJ sets, branded parties, conference keynotes, panels and workshops, and even early-morning wellness sessions. XKYY Entertainment is the company behind the event, […]

Mexican music industry optimistic for more growth ahead

We’ve all heard of the smartphone as a driver of digital music consumption. Well how about music as a driver of smartphone adoption? That, according to Tomás Rodriguez, managing director of Warner Music Mexico, is what we are seeing in Mexico, as the country continues a hot digital streak that has seen recorded music revenue […]

Country Profile – Mexico 2019

Mexico has turned its world upside down in an unlikely situation where music is driving smartphone adoption rather than the other way around. And it’s all helping to send recorded music revenue to new heights. The post Country Profile – Mexico 2019 appeared first on Music Ally. Source: Music ally

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