Analysis News US recorded music revenues hit $7.7bn in H1 2022, but growth slowed compared to H1 2021RIAA has published its 2022 Mid-Year Music Industry Revenue Report
Analysis News YouTube says it paid the music industry over $6bn in the past year – with around $2bn coming from UGCRight now, YouTube and Spotify appear to be keeping pace with one another
Analysis News UK record labels spent $41m on A&R every month in 2021BPI says that this A&R spend, which includes artist advances, creating new recordings, video costs and tour support, was 106.6% more in 2021 than the £173.3 million ($225m) spent in 2016.
Analysis News BLACKPINK’s virtual concert on PUBG MOBILE was watched by 15.7m viewersVideo marked the first time BLACKPINK have appeared in avatar form for a music video
Analysis News Live Nation has already sold 100m tickets for concerts in 2022 – more than it sold in the whole of 2019Company generated revenues of $6.2bn across all divisions in the first six months of the year, according to new investor filing
News Snapchat to pay DistroKid artists monthly grants up to $100,000 via new ‘Sounds’ creator fundSnapchat now reaches over 600m monthly active users worldwide
Analysis News Universal’s virtual band KINGSHIP just sold out its entire collection of 5,000 NFT ‘Key Cards’KINGSHIP's members include four Bored Ape Yacht Club NFTs
News Content sampled from long-form YouTube videos generated over 100bn views on TikTok rival Shorts in AprilYouTube's TiktTok rival Shorts was rolled out globally in July 2021
News 1 in 3 music listeners in the US discover new music through Twitch, according to new reportStudy from Twitch and analytics platform Luminate sheds light on how the platform is driving music discovery in the US
Analysis News Becky G is giving away $500,000 worth of Bitcoin to fans via Cash AppApproximately 27,500 winners will receive a Bitcoin payment via Cash App
Analysis Nearly 80% of artists on Spotify have fewer than 50 monthly listenersThere is an ocean of music on Spotify that is a very long way from being popular
Analysis News Kanye West just sold 10,000 Stem Players in 3 days… as he claims he rejected a $100m deal from AppleOne of the most interesting release experiments in modern music is about to take place via Ye's Donda 2
Analysis News YouTube is making close to $100m from advertising revenues every dayYouTube generated over $28 billion across the course of 2021
Analysis News Music piracy has plummeted in the past 5 years. But in 2021, it slowly started growing again.New stats from MUSO offer food for thought for the global music business
Analysis Peloton has lost nearly $40bn in market cap value in the past year. Could Apple swoop for a cut-price acquisition?Lay-offs now look inevitable for Peloton, as production of equipment ceases. Is a takeover on the cards?