Tag: milestones

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BMI revenues topped $1bn in its last financial year

US performance rights body BMI has announced its latest financials, revealing revenues of just over $1bn for its last fiscal year, which ended on 30 June. The company says it paid out $877m to its songwriters, composers and...
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BandPage now driving 1m music fans a month to artist stores

D2C firm BandPage has announced its latest milestone: it says it is sending more than 1m fans a month to musicians’ own stores via its partnerships with Spotify, Rhapsody, Rdio, Vevo and other music services. The company...
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PewDiePie is first YouTube channel to reach 10bn views

Gamer PewDiePie may no longer be the most popular channel on YouTube on a monthly basis, but he’s just become its first to reach 10bn all-time video views. Tubefilter has been running the number and associated data through...
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Snapchat matching Facebook with 4bn daily video views

The number of videos watched in Snapchat’s app every day has doubled since May, according to figures reported by Business Insider. Snapchat is now generating 4bn daily video views, up from 2bn in May and 3bn in July. 4bn...
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More than 1bn people used Facebook on Monday

Facebook CEO Mark Zuckerberg announced the social network’s latest milestone last night. “For the first time ever, one billion people used Facebook in a single day. On Monday, 1 in 7 people on Earth used Facebook to connect...
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Periscope has 2m daily active users watching 40 years of video

Twitter launched its Periscope live-streaming video app earlier this year, but hasn’t published too many stats on how it’s growing. The subsidiary remedied that yesterday with a post on Medium providing some figures....
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SoundExchange passes $3bn payouts milestone

US rights agency SoundExchange has announced its latest milestone: $3bn of payouts to artists and labels since it went independent in 2003. The company cited “the explosive growth of the digital radio space and the crucial...
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Apple Music has 11m trial users five weeks after launch

Apple has released the first official numbers for its Apple Music streaming service, telling USA Today that it has 11 million trialists, five weeks after its launch on 30 June. “We’re thrilled with the numbers so far,”...
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SoundCloud ads: $1m paid to creators and labels since August 2014

Last August, SoundCloud launched its On SoundCloud initiative to run ads around the audio uploaded by some of its creators, and give them a share of the revenues. But how lucrative would those revenues be? Today, the company...
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Rhapsody reaches 2.5m subscribers but won’t ‘pump the brakes’

We already knew that Rhapsody’s subscribers grew 60% in 2014, because RealNetworks – which still owns a stake in the company – said so in its last financial report. Now Rhapsody has put a firm figure to that growth:...
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Will Vevo’s 10bn monthly views finally attract a buyer?

Vevo featured prominently in the end-of-year analyses of what’s popular on YouTube: it accounted for 43 of the top 250 channels in 2014, ahead of nearest rival Maker Studios’ 29 entries in that chart. Now Vevo has...
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How to interpret Spotify’s latest 15m-subscriber milestone

The last quarter of 2014 was a problematic one for Spotify, with Taylor Swift’s pullout sparking a renewed debate about its business model and musicians’ streaming income. However, it was also a period of sharp growth...