Report claims Twitch has surpassed $1bn in mobile spending
How much money is Twitch making? Amazon doesn’t yet split that out in its financial results. However, research firm App Annie has published a figure. The post Report claims Twitch has surpassed $1bn in mobile spending appeared first on Music Ally. Source: Music ally
Netflix raises its monthly subscriptions in North America
Spotify’s management should probably prepare for a new round of ‘if Netflix can hike its price why can’t you?’ questions in the coming weeks. The post Netflix raises its monthly subscriptions in North America appeared first on Music Ally. Source: Music ally
The latest creator subscriptions app comes from… Tyson Fury?
Fury is backing a new app called My AAA, which is one of the companies springing up to offer a ‘creator subscriptions but not XXX-rated’ alternative to OnlyFans. The post The latest creator subscriptions app comes from… Tyson Fury? appeared first on Music Ally. Source: Music ally
Spotify survey hints at plans for podcasts subscription
Amid all the music industry speculation about whether podcast listening might in the future cannibalise not just streams of music, but royalties for it too, the assumptions were of a continuing single subscription covering both forms of content. But what if Spotify were to launch a standalone podcast subscription? That’s a question the streaming service […]
YouTube now has 30m music and premium subscribers globally
YouTube’s parent company Alphabet reported another big quarter yesterday. Despite the Covid-19 pandemic’s impact on the advertising market, Alphabet’s Q3 revenues were up by 14% year-on-year to $46.17bn, helping the company to an $11.25bn net profit in the third quarter. Within that, there were figures for YouTube advertising revenues, which grew by 32.4% year-on-year to $5.04bn […]
Spotify Premium Duo couples’ subscription expands globally
Spotify started testing its Premium Duo subscription plan in March 2019 in five countries: it was a $12.99-a-month Spotify subscription for couples, complete with a ‘Duo Mix’ playlist blending their tastes. It expanded to 14 more countries in Latin America in September last year, but now it’s going more global, launching in 55 markets. The idea is to tempt […]
Clubify launches subscription-based livestreaming service
The latest startup hoping to make a livestreaming splash is called Clubify, and its pitch to fans is “your favourite DJs, clubs and festivals live at home”. The UK-based startup’s focus is on electronic music, then, but also on charging for access rather than free streams. Its subscription membership will cost £14.90 a month or £149.90 […]
Pandora founder: ‘Subscription businesses are destroying music’
We tend to focus on startups’ tech and business models rather than their founders’ psychology, but new livestreaming startup Sessions is fascinating on both counts – in the latter case, seemingly as a response to CEO Tim Westergren’s experiences at Pandora. “The big piece of unfinished business for me at Pandora was, ironically, the artists,” he told […]
Apple Music paid subscriptions are ‘up strong double-digits’
Apple published its latest quarterly financials yesterday, for the first quarter of 2020 (the company’s fiscal Q2). Services were once again a standout category for the company, setting another quarterly record of $13.3bn in revenues. There was also an announcement (of sorts) about Apple Music’s growth within that segment. “Apple Music and cloud services, both set […]
Report: subscriptions growth ‘relatively unaffected’ by Covid-19
We’ll put the big caveat up front: predicting the impact that the Covid-19 coronavirus will have on any industry or sector this year rests on the supremely shaky notion that anyone can predict what will happen with the pandemic itself over the next eight months. Some countries are getting back to work and easing social […]
Netflix added 15.8m paying subscribers in first quarter of 2020
We’re still waiting to find out what effect the Covid-19 pandemic is having on music streaming subscriptions. All eyes on Spotify’s Q1 financials next week for that. But Netflix’s first-quarter figures were published yesterday, giving us a glimpse at the impact on video subscriptions. Netflix added 15.8 million net new paid subscribers in Q1, benefiting from […]
Report: there were 358m music subscribers by the end of 2019
The IFPI has delayed the publication of its Global Music Report, with no new date yet set for its analysis of recorded music figures for 2019. A new report from Counterpoint Research is plugging one of the knowledge gaps: the number of people subscribing to music services globally. It claims this figure grew by 32% in 2019 […]
US subscriptions surge still accompanied by ‘value gap’ fears
One of the facts that may have gone overlooked in the USA’s recent surge in recorded music revenue is the country’s incredibly strong music subscription numbers, which come under the microscope in our latest US country profile. In 2019 the US averaged 60.4m paid subscriptions, up from 46.9m in 2018, according to the RIAA. If we […]
Canada now has around 7.8m music subscribers says Socan boss
Canadian collecting society Socan says that Canada is home to around 7.8m music subscribers, or 22% of the country’s total population, after Nielsen figures revealed a 31.2% increase in on-demand audio song streams in Canada last year. Socan CEO Eric Baptiste, talking in our Canada Country Profile, cautions that that Socan works with total subscriber […]
Amazon Prime membership has now grown to 150m worldwide
Usually when Music Ally reports on Amazon’s financial results, we add in a sentence noting that the company hasn’t disclosed any useful numbers for its music services. This time round, the reason is different: the company already disclosed some earlier in the month, when it revealed that it now has more than 55 million Amazon […]
Amazon Prime now has 112m members in the US alone claims CIRP
Amazon’s Prime membership is a huge driver for its music-streaming services, so how is it growing in the US? Research firm Consumer Intelligence Research Partners (CIRP) has put out some new estimates. It claims that the number of American Prime members grew by 11% to 112 million at the end of 2019, with 52% of those […]
Spotify offers half-price annual subscription in India
Spotify’s annual subscription promotions are of and running in the western world, but the streaming service also has a discount for one of its newest markets: India. The company has halved the price of its annual subscription there from 1,189 rupees (around $16.57) to 699 rupees. The Hindustan Times reported that the offer lasts until 31 December, […]
Gaana financials include growth in subscriptions revenue
We’ve seen lots of big numbers this year for the amount of people streaming music in India, but what is that growth in listeners meaning for the underlying financials of the platforms providing those streams? One of the biggest ones, Gaana, has just published some figures that offer an insight into its business, at least. […]
Sonos is testing a subscription plan for its speakers
Fancy a Sonos speaker but aren’t sure about buying one? If you’re Dutch, you may be in luck. Well, if you’re one of 500 Dutch households chosen for the test of a new subscription plan called ‘Sonos Flex‘, you may be in luck. The Verge reports that the plan has several tiers: €15 a month […]
Spotify’s family plan launches in India for $2.50 a month
When Spotify launched in India earlier this year, its family plan wasn’t part of the offering. Now it is. The plan launched yesterday for INR 179 a month (around $2.50) covering up to six people in a household as in other markets. “Spotify’s Premium Family plan has been loved across markets, and we know that […]
MelodyVR to launch a music-VR subscription later this year
How is that brave new world of musical virtual-reality doing? The latest financial results from startup MelodyVR offer some clues, as well as news of the company’s plans to shift from a a-la-carte pricing to a subscription model later this year. Financials first: MelodyVR generated £128.4k of revenues ($160.1k) in the first six months of 2019, but […]
SiriusXM debuts $4-a-month streaming subscription for students
SiriusXM is the latest company trying to tempt students into paid subscriptions. In its case, the satellite-radio company is offering a new $4-a-month streaming package for students, which will offer a bundle of its music and talk stations to stream on smartphones, other in-home devices, and the SiriusXM web player. The pitch is this: “Today’s […]
Report: Spotify to test 13% rise in family-plan subscription
Spotify will launch another test of a subscription price-increase in Scandinavia, according to a Bloomberg report published yesterday. While the company hasn’t itself announced the plans, Bloomberg cited several ‘people familiar with the matter’ as suggesting that the test will see the cost of a family plan rising by around 13% – so from €14.99 a month […]
YouTube and Amazon push for US students’ music subscriptions
The summer holidays are just a couple of weeks in here in the UK where Music Ally is written from, so seeing ‘back to school’ headlines from the US already is a strange experience. Part of that, though, is the upcoming start of another academic year for older students, and music-streaming services are joining the […]
Bandzoogle launches fan-subscriptions feature for artists
Artists using the Bandzoogle platform to create their own websites can now offer premium subscriptions to their fans. The new feature launched this week, and enables artists to put content including blog posts, music, videos, photos and merchandise behind their new paywall, with tools to email subscribers included. Bandzoogle also says it will provide analytics on each […]
Study explores patterns of ‘high-subscriber’ YouTube channels
If you’re thinking about YouTube and music, you should definitely read the latest report by research company the Pew Research Center, which came out yesterday. Titled ‘A Week in the Life of Popular YouTube Channels’, it’s based on an analysis of the videos posted by channels with more than 250,000 subscribers in the first week of […]
Tech body predicts 33% growth for US music subscriptions in 2019
The US recorded-music market enjoyed healthy growth in 2018, with retail revenues up by 12% to $9.8bn, while on the industry-revenues side, music subscription income grew by 32% to $5.4bn. It was the third straight year of double-digit growth overall for the world’s biggest music market, as the US averaged 50.2m paid subscriptions for the year. […]
Report: Amazon had 32m music subscribers by April 2019
Amazon is famously cagey when it comes to releasing meaningful numbers for its music services, but a well-briefed report by the Financial Times this morning offers some new numbers. “The number of people subscribing to Amazon Music Unlimited has grown by about 70 per cent in the past year, according to people briefed on its performance,” it […]
Twitch launches ‘subscriber streams’ feature in beta
Amazon’s live-video service Twitch is trying a new way to persuade people to stump up cash to support their favourite broadcasters: subscriber streams. Those would be exclusive streams for subscribers only, although casual visitors to a channel will see previews, as a way to persuade them to upgrade. “We could definitely see competitive streamers taking […]
Gaana may split premium features into cheaper subscriptions
Indian music-streaming service Gaana is planning to test cheaper subscription options that separate out some of the features from its current premium tier. That’s according to CEO Prashan Agarwal, in an interview with the BusinessLine website. “We need to de-couple Gaana Plus offerings. Currently, there are three key benefits that a user gets from Gaana Plus: ad-free […]
Beatport launches Beatport Link subscription service for DJs
Beatport is taking its latest shot at launching a subscription service for its DJ customers. It’s called Beatport Link, and launched in beta yesterday as a way for DJs to stream the Beatport catalogue directly to their performance software, during sets. The first software to support it is Pioneer DJ’s WeDJ, which is aimed at beginner […]
Tencent Music now has 28.4m paying users for online music
Tencent Music Entertainment (TME) reported its financial results for the first quarter of 2019 overnight, and there are plenty of big numbers as you’d expect. Overall revenues grew by 39.4% year-on-year to RMB 5.74bn ($855m) as TME recorded an RMB 987m ($147m) net profit – as usual benefitting from the fact that a significant chunk of its […]
Report claims Google has 15m paying music subscribers
Google hasn’t revealed how many paying subscribers its YouTube Music subscription service has, and it’s been a long time since we saw any numbers for its existing Google Play Music. Now Bloomberg has tried to plug that gap with a report mooting a number for the combined figure of both services. “Google’s paid music services have eclipsed […]
Amazon’s ad-supported music service launched in the US first
Some of its thunder may have been stolen by YouTube Music’s free, ad-supported launch on Google Home and other smart speakers, but Amazon has nevertheless launched its own free tier for Alexa-enabled devices. As reported prior to the launch, the tier is supported by advertising, and can be used by people without a Prime membership. […]
Microsoft, Sony and Nintendo under investigation over online gaming subscriptions
The Competition & Markets Authority (CMA) in the UK is investigating how three major companies – Microsoft, Sony and Nintendo – are handling renewals for their online gaming services. The CMA will look at the T&Cs they offer users alongside how they process subscription cancellations and refunds. At the heart of this is the issue […]
Mixcloud adds more creators to its Select subscriptions
In December 2018, streaming service Mixcloud launched a new program called Mixcloud Select, to enable curators and channels on its platform to charge fans monthly subscription fees. Yesterday, the company announced a new group of musicians and curators who are going to be using the feature. They include The Pharcyde, Anja Scheiner, Worldwide FM, Dekmantel, J. […]
Subscription streaming now more than half UK labels’ income
New figures from industry body the BPI show that streaming subscriptions accounted for 54% of British labels’ income in 2018, as the revenue from these subscriptions grew by 34.9% year-on-year to £467.6m (around $615m). That contributed to a 32.8% rise in all music-streaming revenues for labels to £516.4m, with ad-funded audio-streams generating £19.1m (up 25.8%) […]
Analyst thinks Apple can sign up 100m video-streaming subs
Apple’s next press event is on 25 March, and it’s expected to focus on services – including the long-rumoured launch of a Netflix-style video-streaming service. Analyst Wedbush has published its thoughts on what this could mean. “If Apple executes with minimal speed bumps and aggressively acquires content given the company’s massive installed base and unmatched brand loyalty […]
Terms revealed for Facebook’s fan-subscriptions feature
Facebook is launching a ‘Fan Subscription’ feature where creators (including, potentially, musicians) will be able to charge fans for access to some of their content. Now the terms of the deals that creators will be expected to sign have been revealed, in a document leaked to TechCrunch. It shows that Facebook will take up to 30% […]
Apple clarifies rules for iOS in-app subscriptions
Apple has published some new rules for how in-app subscriptions should be advertised to people using iOS apps. Those rules include clearly explaining the terms of a subscription to new customers, including the billing amount. “In the purchase flow, the amount that will be billed must be the most prominent pricing element in the layout. […]