Analysis News Global songwriter royalty collections topped $10bn in 2021, but were still below pre-pandemic levels CISAC has published its Global Collections Report 2021
Analysis News The three major music publishers now own or control over 10 million songs between them (kind of) Investor figures from the three majors suggest they are – or will soon be – looking after double-digit millions of songs
Analysis News After a ‘challenging’ H1, Netflix beats expectations to add 2.4m subs in Q3 Netflix's total paid subscriber base at the end of Q3 was 223 million
Analysis News With revenues of $510m in H1, Latin Music is still on course to generate $1 billion in the US this year According to new mid-year data released by the RIAA, on a retail basis, Latin Music revenues grew 23% in the US in H1 2022
Analysis News It’s happened: 100,000 tracks are now being uploaded to streaming services like Spotify each day Figure confirmed by both Universal and Warner bosses – but who, exactly, is it benefitting?
News Two thirds of TikTok’s viral hits are sparked by organic content, with no spend on advertising or influencers (report) Creative consulting agency ContraBrand publishes report on How Artists are Going Viral on TikTok in 2022
Analysis News US recorded music revenues hit $7.7bn in H1 2022, but growth slowed compared to H1 2021 RIAA 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 UGC Right 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 2021 BPI 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 viewers Video marked the first time BLACKPINK have appeared in avatar form for a music video
Analysis News Apple’s Shazam surpasses 70bn song recognitions Timeline of key milestones and stats released by Apple for its song recognition app, Shazam
Analysis News Spotify has spent $1.2bn+ on companies to scale its non-music business over the past 3 years A round-up on acquisitions made by Spotify over the past three years
Analysis News Live Nation has already sold 100m tickets for concerts in 2022 – more than it sold in the whole of 2019 Company 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 fund Snapchat 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