The challenge for music and podcasts: “Rights are a disaster’
There are big opportunities for the music industry in podcasts, but one of the big barriers is licensing: the cost and complexity for podcasters of securing the rights to actually play music in their shows. This was one...
June 14, 2019
Music streaming in 2019: radio rivalry, Spotify sustainability and ‘west versus east’
Streaming was the big driver behind the recorded-music industry’s 9.7% growth in 2018, according to the IFPI. In fact, streaming revenues grew by 34% to $8.9bn, accounting for 47% of the global total. At the end of 2018,...
June 4, 2019
Spotify now has 100 million premium subscribers
Spotify has published its financial results for the first quarter of 2019, including a significant milestone: 100 million premium subscribers. That's up from 96 million at the end of 2018. and 75 million a year ago. Spotify...
April 29, 2019
Streaming drove 9.7% rise in global recorded-music revenues in 2018
Global recorded-music revenues grew by 9.7% in 2018, according to industry body the IFPI. Its annual Global Music Report, which is published today, reveals that strong growth in streaming revenues more than made up for the...
April 2, 2019
German recorded-music revenues fell slightly in 2018
In lots of countries around the world, the recorded-music industry has bounced back to growth. Last week, for example, the RIAA announced that US revenues grew by 12% in 2018. In the UK, the growth last year was 8.9% according...
March 7, 2019
Spotify has 1m users in India one week after launch
Spotify launched in India last week, amid a controversy surrounding its licensing – and a legal injunction filed by Warner Music Group. That row continues, but how is the Indian launch going otherwise? Spotify has confirmed...
March 4, 2019
Spotify financial results: revenues up by 30% as premium subs reach 96m
Spotify has published its latest quarterly financial results, covering the final quarter of 2018.
February 6, 2019
BPI and ERA figures reveal music’s growth in the UK in 2018
British industry bodies the BPI and ERA have published figures showing how the UK's recorded-music market grew in 2018. One of the headlines: an 8.9% growth last year in recorded-music sales to £1.33bn (around $1.68bn)....
January 3, 2019
And the biggest music-streaming service in the Nordics is…
If you just completed that sentence with 'Spotify', sorry, that's not the answer. At least, it's not the answer according to the 2018 Polaris Nordic Digital Music Survey, which is published by collecting societies Koda, Teosto...
November 7, 2018
10 things we learned from Tencent Music’s IPO filing
Tencent Music published its filing to go public last night. We’ve been filleting the document to pull out some of the most interesting data and strategic titbits on the Chinese digital-music company. 1. The big figures Tencent...
October 3, 2018
Next Big Sound opens up its Pandora data on artists
Music-streaming service Pandora's analytics division Next Big Sound is opening up its data, in an effort to give Pandora metrics a higher profile within the music industry. Until now, artists, managers and labels could...
September 27, 2018
Shazam financials show revenue growth flattened in 2017 ahead of Apple acquisition
Apple completed its acquisition of music-identification app Shazam this week, but now the latter company has published its latest (and likely final) set of public financial results, via the UK’s Companies House. They...
September 26, 2018