The company’s operating EBITDA reached €49m ($54m) in H1 2020, which was flat year-on-year
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Author archives: Tim Ingham
Triller joins race to buy TikTok via $20bn bid backed by investment giant
Centricus helps fund bid to buy TikTok’s operations in the US and other territories
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Stat Of The Week: Nearly a third of people in the US are using subscription music streaming accounts
Some 51% of the $10.3bn generated by streaming in 2019 was paid out to US labels and distributors
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Jay-Z’s TIDAL makes VR concerts bet, buying $7m in tokens from $100m-backed Sensorium Corporation
“Our relationship with Sensorium provides TIDAL with the opportunity to gain exclusive rights for its stellar artist roster to have their shows and music broadcast exclusively within Sensorium’s themed virtual entertainment worlds.”
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Will Round Hill be the next music company to IPO on the stock exchange?
MBW sources suggest New York-based company is eyeing the London Stock Exchange
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Napster sold to MelodyVR in $70m deal, including $44m owed to record labels and other partners
UK startup MelodyVR says deal will “establish the world’s first entertainment platform that spans immersive live performances and recorded music streaming”
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‘As soon as you enter the stupid deal business, you risk all of your deals becoming stupid.’
Believe’s Denis Ladegaillerie envisions a bright, bold future for the UK market. Trigger warning: major record labels might not completely love it…
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Hipgnosis acquires 50% stake in RZA catalog, including Wu-Tang, Kanye West songs
Deal includes 50% of copyright interest in 814 songs
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Stat Of The Week: The pandemic has hit the major labels this year… but they’re still generating over $1m per hour from streaming
What the majors’ H1 2020 results tell us about their financial strength amid the year of coronavirus
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Despite pandemic, Germany’s recorded music revenues grew 4.8% to $856m in the first half of 2020
Audio streaming now claims more than two thirds of Germany’s revenues
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