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...
January 30, 2019
‘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...
January 29, 2019
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....
January 23, 2019
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...
January 14, 2019
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....
December 19, 2018
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.
August 8, 2016
Amazon Q2 revenues up 31%, surpassing analyst forecasts
Online retailer Amazon soared past analysts’ expectations to rise 31% to $30.4bn in the second quarter. Within that, its profits were $857m, compared with $92m in 2015.
July 29, 2016
Pokemon Go is a bona-fide craze – and a privacy headache
We’re not sure how many music-industry folk are hunting down virtual Pokemon in the streets around them, but the runaway success of Nintendo’s AR/location-based mobile game Pokemon Go this week is worth following.
July 13, 2016
Analyst claims Spotify’s clout with labels is on the rise
Will Spotify’s 100m-users milestone give it more clout when negotiating licensing deals with major labels? Edison Investment Research analyst Richard Windsor made exactly that claim yesterday.
June 22, 2016
The impact on Netflix of price rise and recommendations
Two separate studies shed some interesting light on how Netflix’s pricing strategy and recommendations engine affect the video-streaming service’s finances.
June 21, 2016
iHeartRadio launches on Snapchat as Warner Music is pushed out
Snapchat has updated its Discover portal by adding both iHeartRadio and BuzzFeed but – seemingly in a one in, one out strategy – it is dropping Yahoo and Warner Music Group. Discover lets partners share up to 20 stories...
July 28, 2015