Analysis News Music now has over 616 million paying streaming subscribers globally Research firm estimates that Tencent Music Entertainment (TME) overtook Amazon Music to become the third largest DSP globally at the end of 2021
Analysis News TuneCore has paid out $3bn to self-releasing artists to date TuneCore reported further that its music publishing division has paid artists close to $90 million to date
Analysis News Hipgnosis Songs Fund revenues climb 7.5% YoY, streaming revenues up 15.8% YoY, in most recent half-year period Positive signs for Merck Mercuriadis-led company in latest set of public figures
Analysis News From Bad Bunny’s 18.5bn Spotify streams to Universal acquiring a 49% stake in [PIAS]… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis News In 2021, Bad Bunny was the world’s biggest artist on Spotify with 9bn streams. This year, he doubled that tally. Bad Bunny received more than 18.5 billion streams this year
Analysis News Music audio streams just crossed the 1 trillion mark for the first time ever in a single year in the US US market monitor Luminate reports total US music streams figure for 2022
Analysis News Concord music rights to fuel $1.65bn Apollo bond offering – report Report marks the latest news about a music company launching bond offerings via securitized royalties from copyrights
Analysis The music industry isn’t ready for the AI revolution. Fruits Music founder, Stef Van Vugt, believes that AI will create a major opportunity for ambitious companies to challenge the majors
Analysis News From Utopia Music downsizing its workforce to Warner’s $1.5bn in calendar Q3… it’s MBW’s Weekly Round-Up Our biggest stories of the week, brought to you in association with Centtrip
Analysis News Warner Music Group generated $92m from ’emerging platforms’ in calendar Q3 – and other takeaways from Steve Cooper’s last earnings call with WMG Warner's share price soared 15% following the announcement of the earnings on Tuesday
Analysis 10 years ago, Warner Music’s Top 5 superstars generated 15% of its revenue. Today, that number is down to just 5%. MBW drills into the numbers of Steve Cooper's surprising revelation on WMG's earnings call this week
Analysis News Taylor Swift slams ‘excruciating’ tour presale, as Live Nation addresses Ticketmaster competition concerns Live Nation publishes statement after Ticketmaster site crashes during ‘Verified Fan’ sale for Taylor Swift tour
Analysis Blog Are creators being used as cannon fodder in the NFT game? The following MBW op/ed comes from PPL CIO Mark Douglas.
Analysis Blog While in Qatar, gently weep: music and the rancid politics of culture-washing at the World Cup Eamonn Forde gives his views on the upcoming football (soccer) World Cup, and music's involvement
Analysis News Amazon starts making layoffs as part of expected 10,000 job cuts (report) Online shopping giant is expected to reduce its workforce by 3%