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Investment firm Raine Group has a keen interest in the independent music and DIY artists sectors, having put funding into SoundCloud and Amuse, while advising Downtown on its acquisitions of CD Baby and Fuga. Now the company...

Chinese music streaming firm Tencent Music has published its latest financial results, and they reveal significant growth in its number of paying users, and a 60.1% increase in its music subscription revenues year-on-year. The...

UK music industry body the BPI has published its annual figures for British labels' trade income – the money that labels actually earn, rather than the 'retail value' of consumer spending on music that was reported by fellow...

Billie Eilish is going to need to build a new awards cabinet soon: her latest trophy is the IFPI’s award for the biggest global single of 2019, awarded to ‘Bad Guy’. The track notched up 19.5m ‘global converted...

Indian music streaming service Gaana recently said that it now has more than 150 million monthly active users, with an independent study backing up its position as the most popular DSP in India. What about its paid...

Every year, artist-rights blog The Trichordist publishes an updated ‘streaming price bible’ comparing the per-stream payouts of the major music streaming services. The latest version, for 2019, was published overnight,...

Music industry body the IFPI will publish its latest Global Music Report on 24 March, revealing the size and growth of the recorded music market in 2019. However, in recent years consultancy firm Midia Research has made...

It appears to be the day for new figures on the US music market. Industry body the RIAA published its year-end numbers for 2019 last night, revealing that recorded music’s retail value grew by 13% to $11.1bn last year. Meanwhile...

Sometimes the statistics around how many people are streaming music – and how many are paying for it – can lead to confusion and misinterpretation. Recently, for example, we've seen one story suggesting that Amazon...

British collecting society PPL has announced that its international collections in 2019 set a new record: £86.7m (around $112.2m), representing 22% growth year-on-year. The collections came through PPL’s agreements...

Amazon has announced a big milestone for its music-streaming business: more than 55 million users. “The streaming service has reached more than 55 million customers globally, with subscriptions to Amazon Music Unlimited...

Consumer spending on music streaming in the UK passed the symbolic £1bn mark for the first time last year, according to figures published by the Entertainment Retailers Association (ERA) today. Brits spent just over £1bn...