The company has announced plans to suspend its streaming service in Taiwan, describing the decision as a “service transition”.
Music NFTs news: Opulous x Line, Timbaland, Interpol…
There is another flurry of stories about music and NFTs to report on today, including Interpol with David Lynch
Line Music to add freemium tier and music videos this year
Japanese music-streaming service Line Music has just celebrated its fourth anniversary, and it’s promising some significant new features over the coming months. The service, run by social-media firm Line, now has 11 […]
Messenger creates sticker pack for BT21/BTS
You’ll be very familiar with BTS but perhaps less so with BT21. Yet they are the same. Sort of. The K-pop group created animated versions of themselves, gave them back […]
K-Pop band BTS team up with Line for characters and merch
Japanese messaging app Line has always made a big thing of its animated characters, which are used as ‘stickers’ in its users’ conversations, as well as appearing in mobile games, merchandise and cartoons.
Now the company is working with one of the biggest K-Pop bands, BTS, on their own range of characters. BT21 are eight characters ‘designed’ by the band, and made available through Line’s range of apps on 26 September.
Twitter has at least five bidders for Vine
Last week, Twitter announced that it was preparing to shut down its Vine video-sharing app. This week, it may have won a reprieve: through a sale to another technology company. […]
Line Music gets a chatbot as Line invests in Snow
Messaging firm Line made a series of announcements yesterday showing its latest technology bets.
First, the company wants more developers to create chatbots for its main app. It’s creating a new messaging API and software development kit for chatots, and launching an ‘awards scheme’ with a top prize of ¥10m (around $99k) for the best bots created for its app.
Campaigns: Major Lazer launches digital stickers on line – Sandbox 154
Artists like Paul McCartney and Psy have both launched successful sticker packs for messaging app Line and now Major Lazer is joining in.
The digital stickers were released last week but, different to previous packs, these ones can be downloaded for free for anyone who adds Major Lazer’s official account as a friend. So rather than working as an additional revenue source, which has proven quite lucrative for artists like Psy and Snoop Dogg, this one works as a way to build up the newly launched account. At the time of writing (6th April), some 171,370 people have added Major Lazer.
Line IPO could raise more than $1bn for social network
Japanese messaging app Line is preparing for its delayed IPO on the Tokyo and New York stock exchanges.
The company has announced that it will price its IPO at between $26.50 and $31.50 a share, potentially raising as much as $1.09bn from the flotation. The final price will be set on 11 July, according to Line, which has 218 million monthly active users – albeit with two thirds of them concentrated in its four biggest markets, Japan included
Line is making $271m a year from digital stickers
We reported yesterday on messaging app Line’s plans for an IPO split between Tokyo and New York.
Now TechCrunch has ferreted out some interesting data on one aspect of the company’s business: the sale of digital ‘stickers’ within its apps.
Messaging app Line has 218m active users – and an IPO
Messaging app Line’s parent company has filed to go public in mid-July with the aim of raising $1bn in an IPO that would value the company at $5.5bn.
The company also announced a new figure for its user base: 218 million monthly active users of the core Line app and its various spin-offs.
152 million of those people are in the company’s top four markets in Asia though, with its momentum in the west appearing to have stalled.
Sandbox 154 – Playlists+
Despite the hype that playlists are “the new radio”, there are a lot of moving parts here that need to be attended to and a playlist placing can never be seen as a one-shot route to victory. We speak to the people building playlists as well as those jockeying for prominence on them about what is solid footing and what is hot air.