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July 30 · Issue #989 · View online |
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The Music Industry Has an Advertising Problem
Numbers suggest that alarm bells are starting to ring for Universal, Sony and Warner over ad revenue — especially in “mature” streaming markets. Will they take action?
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Spotify hits 138 million subscribers, as total listeners near milestone
“Gone are the days of Top 40, it’s now the Top 43,000,” Spotify said.
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Spotify podcast consumption doubles as overall listening recovers
The amount of content listened to on Spotify had returned to the same levels they were at prior to the pandemic, the company says. It also said that overall podcast consumption has more than doubled.
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Renée Fleming To Perform for Metropolitan Opera’s ‘Live in Concert’ Series
Renée Fleming continues the Metropolitan Opera’s “Met Stars Live in Concert” series on August 1.
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Delfeayo Marsalis working to 'Keep New Orleans Music Alive' with live streaming birthday concert
“Who knows how long they’ll be out of work?”
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A Rquiem For Rdio
There are several interesting details about the Rdio service but perhaps the most revealing for me was discovering that this music service took “queuing” seriously almost a decade ago.
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Music streaming turns up volume of pretax profit for Warner Music
Irish business of studio giant amplified by annual revenue rise of 7%
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DDB’s ECD discusses how music streaming sparks creativity
“Before streaming platforms, it was near impossible to practically and affordably sample new music the way we do now. And this makes streaming platforms a useful tool for creative inspiration, one that we should all probably use more,”
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Four ways a brand can communicate with the youth through music streaming
Music streaming has become an essential part of a young person’s lifestyle.
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British MPs Demand a Formal Investigation Into Streaming Music Royalties
In a recently published report, several British MPs appeared to suggest that a formal investigation into streaming music royalties is forthcoming.
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K-pop music license exchange gaining attraction as fandom monetization means
Backing music of favorite K-pop artists and making money out of it is gaining attraction as a hybrid investment to monetize on K-pop fever and fandom.
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