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Labels body the IFPI publishes ‘Engaging with Music’ report

The IFPI has been surveying 43,000 people in 21 countries about their music habits for its latest ‘Engaging with Music’ report, which was published today.
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Covid-19 ‘wiped out’ a third of jobs in the UK music industry

Industry body UK Music has published its latest 'This Is Music' annual report, and it has some sobering stats on Covid-19's impact on the British music industry.
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Roblox expects to pay out $500m to its game makers in 2021

Roblox has been holding its annual developers conference this week, and it included some new stats on the ecosystem of individuals and companies building games for the platform.
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UK-based Black Lives in Music Survey reveals troubling findings

A new report published by UK-based organisation Black Lives in Music has surveyed Black artists and industry people about their experiences of racism and discrimination at work.
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eMarketer publishes latest figures on US digital audio listeners

Spotify could have more than 100 million listeners in the US by 2025, if research firm eMarketer’s latest predictions are on the mark.
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Pandemic-reduced marketing costs fuel Beggars profits growth

Independent label Beggars Group has published its financial results for 2020 via Companies House in the UK. The filing, which was first reported on by MBW, reveals that Beggars’ revenues fell slightly from £63.1m...
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DiMA report explores streaming habits of US Latin music fans

The representative body for music streaming services, DiMA, has published a report exploring the habits of fans of Latin music in the US.
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Kids music brand Moonbug made $53.8m of revenues in 2020

Moonbug Entertainment is one of the biggest digital players in the kids music and animation industry. Financial results offer its latest figures.
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TikTok revenues in Europe grew by 545% to $170.8m in 2020

We have some new official data on the growth of TikTok’s business, courtesy of financial results filed by its European subsidiary TikTok Information Technologies UK. First reported on by CNBC, the results can be accessed...
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1 to the b(n): TikTok has more than 1bn monthly active users

If you don't know them, they're one to the bn, coming in hard, you better watch it, er, Instagram. Okay, that's enough TikTok viral rap references. The news is that the short-videos app has officially reached the milestone...
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UK research on music creators’ digital earnings is out today

Earlier this week, the British government said that the UK's Intellectual Property Office (IPO) would soon be publishing its report on music creator's earnings in the digital era. How soon? It's out this morning! To be...
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Believe revenues up 33%, but it has fallen out with SNEP

Having gone public earlier this year, distributor Believe will be providing quarterly updates on its business. The latest came yesterday with its figures for the first half of 2021, during which its revenues grew by 33%...