Tag: stats

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Musical.ly now has 40m daily active users

Social app Musical.ly continues to grow at a clip, with CEO Alex Zhu claiming yesterday that it now has 40 million daily active users uploading a million new videos a day. More than 130 million people have so far registered...
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2017 could bring a profitable Spotify (says investor)

In 2014, Spotify recorded a net loss of €162.3m, and in 2015 that grew to €173.1m. We don’t know 2016’s figures yet, but could 2017 be the year Spotify turns a profit? According to one of its earliest investors, perhaps....
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Dubsmash fights back against Musical.ly with €9m funding

Dubsmash was a big craze in 2015 with its app for sharing lip-dub videos, but in 2016 its thunder has been well and truly stolen by Musical.ly. Earlier in the year, Dubsmash got a revamp with more emphasis on private sharing...
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Taylor Swift tops 2016’s highest-paid musicians chart

Taylor Swift may not have released a new album (yet) in 2016, but she has still been the highest-earning musician according to Forbes’ annual chart of musical moneymakers. The magazine estimates that Swift earned $170m...
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There are 149m messaging-app users in western Europe

Research firm eMarketer has published its latest analysis of the mobile messaging market, claiming that in 2016, messaging apps will be used by 149 million people in western Europe. It claims almost a fifth (so just under...
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High-end speakers manufacturer Devialet raises €100m

While Amazon’s Echo, Google’s new Home and established firm Sonos tend to get most of the headlines around connected speakers, new models and companies are emerging too. French startup Devialet has been winning praise...
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Vevo takes a pop at ‘wallpaper’ audio-streaming services

Vevo has been defending its current ad-supported music-videos model, while reiterating its plans to move into the subscriptions market. “Because of the nature of video, we have an ability to monetise the advertising side...
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Pandora analyst brackets Spotify with YouTube for royalties

As Pandora prepares to enter the on-demand streaming market, its music insights and analytics man Glenn Peoples has been firing a few shots in the direction of YouTube… and Spotify. His latest blog post takes aim at on-demand...
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Anti-piracy firm Rightscorp unsure about future

Rightscorp may have played a major role in BMG’s successful lawsuit against ISP Cox Communications over copyright infringement, but the anti-piracy firm continues to face financial challenges in its business. Its latest...
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Snapchat has filed (secretly) for its IPO

Snapchat’s parent company Snap has filed for its long-awaited IPO, although for now financial data about the company remains under wraps. That’s because it has taken advantage of US legislation that enables companies...
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UK ticket agency Gigantic signs deal with Twickets

Face-value resale platform Twickets has another partnership to announce: with British ticket agency Gigantic. Twickets is now Gigantic’s official ticket resale partner: when a concert is sold out, Gigantic’s site will...
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VR music startup MelodyVR raised £3.4m before launch

British virtual reality music startup MelodyVR is preparing to launch its app, which will provide a catalogue of live performances filmed for VR headsets. Ahead of that the startup, whose parent company EVR Holdings is publicly...