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Chartmetric launches new charts tracking music on Twitch

Twitch has been doing more with music and musicians, and analytics firm Chartmetric has been tracking that. The result is four new charts for music on Amazon's live-video platform, presenting the top users by viewer hours...
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US recorded music revenues grew by 5.6% in first half of 2020

US music industry body the RIAA has published its annual mid-year stats for the recorded music market there. They show that revenues grew by 5.6% year-on-year to $5.7bn in the first half of 2020. The story here, as in...
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Spain’s recorded music revenues growing despite Covid-19

The latest national music body to reveal recorded music figures that include the initial impact of the Covid-19 pandemic is Promusicae in Spain. Recorded revenues for the first half of 2020 grew by 4% year-on-year to €145.1m. That's...
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Facebook Watch now has more than 1.25bn monthly visitors

Facebook Watch is the dedicated video hub on Facebook, and it's one of the main places that official music videos live on the social network, since that content was added in late July in the US. Now Facebook has provided...
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Loup Ventures claims Apple Music will make $8.6bn in 2020

Investment firm Loup Ventures keeps a close eye on Apple's business, including its music activity. Now it has put out some estimates for Apple Music's progress. "Apple Music has room to grow with 82m subs out of 980m active...
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Survey: 30% of musicians are planning weekly livestreams

Bandsintown has been one of the companies around live music that has pivoted during Covid-19 – in its case, turning its site and app into places for fans to discover livestreams by artists, as well as launching its own...
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TikTok’s Trump lawsuit reveals it has 689m users worldwide

TikTok has followed through on its promise to sue President Trump's administration over its recent executive order setting a deadline for the app's US operations to be sold or shut down. The lawsuit includes some important...
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Spotify survey explores music listening trends in India

In India, Spotify is in the atypical position of being the non-dominant player in a fairly over-crowded audio-streaming market. The service has yet to update its figure of over two million MAUs for the country, announced...
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NetEase Cloud Music saw ‘triple-digit revenue growth’ in Q2

Chinese technology firm NetEase published its latest financial results last week, with no new figures for its NetEase Cloud Music streaming service. However, the service was mentioned in the subsequent earnings call with...
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Beggars Group financials reveal £63.1m revenues for 2019

Independent label Beggars Group has filed its latest annual financial results with Companies House in the UK. The company's revenues fell from £74.2m in 2018 to £63.1m in 2019. The report notes that the 2018 figure...
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Covid-19 sparked ‘boom’ in paid subscriptions in UK says ERA

'How Britain entertained itself during lockdown' is the title of the latest press release from UK body the Entertainment Retailers Association (Era). Surprisingly, the answer isn't 'doomscrolling Twitter in tears and making...
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Chinese music subscribers have doubled to 60m in two years

Music Ally has just published our latest country profile, of China, and it includes some new figures on the growth of the recorded music industry there. We already knew from the IFPI that in 2019 China's market grew by...