Analysis News India could become the world’s biggest music streaming market by volume in 2024 – overtaking the USA Total on-demand music streams in India were up by nearly half a billion in 2023 vs. 2022, according to Luminate
Analysis Primary Wave could buy a ‘music platform’. Here’s 4 ideas about what it might acquire… Company teased that it was targeting a music platform last week. Which areas will it be considering?
Analysis News From Triller owing rightsholders over $23m to the MLC’s plan to audit DSPs… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days...
Analysis News Merck Mercuriadis seems willing – currently – to trade in his ‘call option’ at Hipgnosis Songs Fund. So why is the company’s board offering to ‘bribe’ potential bidders with a £20 million bung in an attempt to offset it? Yesterday, this saga took a turn for the bizarre
Analysis The music industry is learning Hollywood’s lessons about the power of franchises Would the music industry do well to throw marketing budget behind slightly-forgotten artists from the 'naughts', wonders Tim Ingham
Analysis News Germany generated 213 billion streams in 2023 – 12% more than in 2022 830 million streams were generated on December 24 alone, according to new data from BVMI/GfK
Analysis News Republic Records makes chart history, with 8 of the Top 10 albums on the Billboard 200 for two straight weeks Republic Records' 2024 is off to a flying start
Analysis News Triller owes music rightsholders more than $23m (which it doesn’t have the cash to pay). Oh, and it’s just purged 200m bot/duplicate accounts from its platform. Oh, and it still wants to IPO. Four of Triller's most surprising declarations from its S-1 filing with the SEC
Analysis Observations on Universal Music Group’s 2024 restructuring program The 'why', the 'where', and the 'how many' of the music biz's biggest story of the moment under the microscope
Analysis News Daniel Ek says he’s ‘probably the least powerful person in Spotify,’ and 3 other things we learned from his recent Norges Bank interview Ek also commented on what AI will mean for Spotify subscribers during his interview on the In Good Company podcast hosted by Norges Bank Investment Management (NBIM) CEO Nicolai Tangen
Analysis News Taylor Swift’s music is streamed more in the US than the entire Jazz and Classical genres Swift claimed an audio stream market share of 1.28%; her market share including record sales was even bigger, at 1.79%
Analysis News From 45m unplayed tracks on streaming services to SoundCloud’s potential sale… it’s MBW’s Weekly Round-Up The five biggest stories to hit our headlines over the past seven days...
Analysis News 158 million tracks had 1,000 plays or fewer on music streaming services last year. 45 million had no plays at all. The number of tracks with no plays on audio streaming platforms jumped by 7.7 million over the past year, according to a new Luminate report
Analysis News Global on-demand audio streams reached the 4 trillion mark for the first time ever in a single year in 2023 Market monitor Luminate has published its Year-End report for 2023
Analysis Mark Douglas on AI: ‘We need our legislators to spend less time worrying about killer robots of the future, and really focus on the harms that have already taken place.’ PPL's Chief Information Officer highlights huge problems and gaping legislative holes at the heart of the AI revolution