Tag: revenues

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Report predicts $45.3bn of global streaming revenue by 2026

The rate of growth in global streaming revenues (retail, not trade) is going to slow down every year between now and 2026. Boo! But wait: those revenues are going to more than double between 2018 and 2026. Hurray! This is...
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Subscription streaming now more than half UK labels’ income

New figures from industry body the BPI show that streaming subscriptions accounted for 54% of British labels’ income in 2018, as the revenue from these subscriptions grew by 34.9% year-on-year to £467.6m (around $615m)....
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Report: YouTube generates 40% of Indian labels’ digital revenue

A report published by business association the Federation of Indian Chambers of Commerce and Industry (FICCI) includes some new estimates for the Indian music industry in 2018. It includes the claim that recorded-music revenues...
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Report: TikTok’s parent company lost $1.2bn in 2018

The recent $5.7m settlement between TikTok and the US Federal Trade Commission was the biggest ever fine in a child-privacy case. But the amount pales next to the amount TikTok’s parent company Bytedance lost in 2018,...
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US enjoyed third straight year of double-digit music growth

We won’t know the full figures on how 2018 went for the global recorded-music industry until next month, when the IFPI publishes its annual report. But based on the largest market in the world, the US, it’s going to be...
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Esports economy tipped to pass $1bn for first time in 2019

When we wrote about the competitive-gaming (esports) market last year, we noted that many of the reports about that market’s size quoted from a February 2018 study by research firm Newzoo. Now it’s back again with some...
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SoundCloud financials reveal revenues grew to $102m in 2017

SoundCloud isn’t a public company, so it doesn’t have to publish its financial results every quarter: instead, it publishes annual figures some time after the year in question. Thus, yesterday it released its financial...
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‘Streaming Price Bible’ reveals one label’s 2018 per-stream rates

Every year, artist-rights blog The Trichordist publishes a new ‘Streaming Price Bible’ comparing the latest per-stream rates for the main music-streaming services. This year’s went live this morning, based as ever on...
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Analyst claims Instagram will make $14bn of revenues this year

Facebook doesn’t break out revenues for Instagram when publishing its financial results – just like Alphabet doesn’t give standalone figures for YouTube. That leaves a gap for analysts to fill with their own estimates....
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Spotify has 200m users… but labels restless over falling ARPU

It should come as no surprise that Spotify ended 2018 with 200 million monthly active users (MAUs), since the company’s Q3 financials, published in early November, predicted that it would reach 199-206 million MAUs by the...
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Midia predicts $643m of ‘artists direct’ revenues in 2018

Consultancy firm Midia Research has published its predictions for the size of the global recorded-music market in 2018. The headline figure is $18.9bn, which would represent 8.2% growth from 2017, matching that year’s increase....
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Pokémon Go has (probably) passed $200m in revenues

We say “probably” because there are still no official figures for how much money the Pokémon Go mobile game has made.