Tencent Music [TME] will launch its scaled down U.S. IPO on Wednesday. China’s largest music streamer priced shares at $13 ahead of its NYSE listing hoping to raise $1.1 billion. The IPO had originally been scheduled for October 18th. Tencent was valued at $30 billion in the Fall of this…
Author archives: Bruce Houghton
This Week’s YouTube Music Charts: Ariana Grande, Mariah Cary and More
This week’s YouTube Music Charts finds Ariana Grande’s “thank u, next’ at #1 on the Global Charts, the Charlie Puth and Selena Gomez collaboration crossed 2 billion views and Christmas classics are climbing the charts. Highlights: After its record breaking debut, Ariana Grande’s “thank u, next” lands the #1 on…
There’s "nothing social anymore about Spotify," say Users
Spotify is steadily becoming a less social service, even as most social platforms from Facebook to TikToc are putting music front and center. It’s a contradiction that’s not lost on some Spotify users. "Today I found out that in the section ‘Discovered On’ there are no other playlists anymore than…
Top Jukebox Artists and Songs 2018 From TouchTunes
Modern U.S. jukebox leader TouchTunes has released its annual Year-End Charts reporting its top-played songs and artists of 2018. TouchTunes’ annual jukebox charts are based on music played by consumers across its domestic network of digital jukeboxes. The charts offer a unique in-venue perspective of popular songs played by consumers…
Netflix To Release Fyre Festival Doc: Watch The Teaser
The failed Fyre Festival is the subject of a documentary to be released on Netflix next month. The doc “gives a first-hand look into the disastrous crash of Fyre as told by the organizers themselves.” Promoter Billy McFarland received a six-year prison sentence. Get your exclusive first look at FYRE…
Pitchfork Names Best Albums Of 2018
Pitchfork has named its Best Albums of 2018, following yesterday’s Best Songs Of 2018 list. While some heavy hitters in pop and hip-hop returned, there were many new comers. Topping Pitchfork’s list is "Be The Cowboy" by Mitski. Second is Kacey Musgrave’s "Golden Hour" followed by DJ Koze’s "Knock Knock."…
Ticketmaster Adds Verified Fan To Fan Ticket Resales
Ticketmaster has added a fan-to-fan resale feature within their app. The launch follows a rough 2018 for Ticketmaster which was marred by scalping accusations, a major lawsuit and the closure of the company’s secondary ticketing platforms, GetMeIn And Seatwave, where tickets were regularly being sold at insanely inflated prices. Now,…
Kobalt’s AWAL Adds Toronto Team
AWAL, Kobalt’s indie label and label services arm, will add a Tronto office early in 2019. New hires will be made in marketing, client relations and A&R. This announcement caps a big year for AWAL, including a $150 million investment from Kobalt, the acquisition of radio promotion and music marketer…
PPL, SAMI Partner With Max Martin Startup Auddly For Metadata Management
PPL and SAMI–collective management organizations from the UK and Sweden–have joined forces with Swedish start-up Auddly to support performers with the management of their sound recording metadata. The agreement has led to the creation of a performer verification mechanism which will allow members of the PPL and SAMI to retrieve…
TUE. BRIEF: Tencent Music Fights Back • MelodyVR Goes Live • Women In Music Database Launches • More
TUESDAY 12.11.18
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