Luminate In The News

From $26.2 billion to TikTok defending itself… it’s MBW’s Weekly Round-Up

The biggest stories on MBW from the past seven days

38 million tracks on music streaming services were played ZERO times in 2022. (Or: why Spotify should take a leaf out of Elon Musk’s book.)

Should Spotify, in a quest to improve its margin, start playing hardball with its least successful artists?

Scooter Braun and HYBE want to build a ‘major’ music label. How will their $300m bet on Quality Control play into that aim?

An in-depth look at the biggest music industry deal of 2023 so far

Taylor Swift’s recorded music generated more money globally than any other artist in 2022

MBW explains why Bad Bunny didn't make the Top 3 - despite having the biggest streaming album by far in the US last year

Penske Media Eldridge acquires Dick Clark Productions – producer of the Golden Globes and Billboard Music Awards

PME is a PMC subsidiary and joint venture between Penske Media Corporation and Eldridge

From Sir Lucian Grainge on music’s streaming payout model to Kakao Entertainment’s $966m investment… it’s MBW’s Weekly Round-Up

Our biggest stories of the week, brought to you in association with Centtrip

The Top 10 hits in the US last year accounted for fewer than 1 in every 200 streams

The US's Top 10 streaming hits, combined, were cumulatively responsible for less than 0.5% of all on-demand audio plays in the US annually

On-demand song streams grew 12.2% in the US last year, and 25.6% globally

US market monitor Luminate publishes Year-End report for 2022