No less than 60% of new subscribers in the past year were 45 or older
The post Stat Of The Week: People over 45, not Millennials, are driving music subscription growth in the UK appeared first on Music Business Worldwide.
Author archives: Tim Ingham
Universal’s TuneCore rival Spinnup gives away free single upload to artists during COVID-19 lockdown
Spinnup has now worked with 80 artists who have gone on to sign to Universal labels
The post Universal’s TuneCore rival Spinnup gives away free single upload to artists during COVID-19 lockdown appeared first on Music Business Worldwide.
The parent company of JioSaavn just raised over $6bn from Facebook, Silver Lake deals
Silver Lake takes small stake via $750m investment in Reliance subsidiary
The post The parent company of JioSaavn just raised over $6bn from Facebook, Silver Lake deals appeared first on Music Business Worldwide.
Global recorded music industry revenues topped $20bn last year – but streaming growth slowed
The global recorded music industry generated $20.2bn in wholesale revenues – that’s the money making its way back to labels and artists – in 2019. This figure was up 8.2% on the prior year ($18.7bn), according to official industry data revealed i…
Daniel Ek says Spotify’s subscription growth is increasing. But that’s not true in monetary terms.
It all depends on whether you’re counting heads, or you’re counting money
The post Daniel Ek says Spotify’s subscription growth is increasing. But that’s not true in monetary terms. appeared first on Music Business Worldwide.
YouTube is generating $32k every minute – but how much of that money is being driven by music?
Data from Pex gives us clues as to how much money YouTube pays out to the music business in ad revenue
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Live Nation just sold 5.7% of its company to a Saudi Arabian fund for around $500m. It may soon need the money.
What you need to know about ‘event-related deferred revenue’… and Live Nation doing the right thing
The post Live Nation just sold 5.7% of its company to a Saudi Arabian fund for around $500m. It may soon need the money. appeared first on Music Busin…
Taylor Swift: Scooter Braun paying $330m for Big Machine ‘wasn’t exactly a wise choice’
“Just another case of shameless greed in the time of Coronavirus. So tasteless, but very transparent.”
The post Taylor Swift: Scooter Braun paying $330m for Big Machine ‘wasn’t exactly a wise choice’ appeared first on Music Business W…
Hipgnosis acquires majority stake in Mark Ronson’s catalog, including Uptown Funk and Shallow
Two of Ronson’s songs have more than a billion streams on Spotify
The post Hipgnosis acquires majority stake in Mark Ronson’s catalog, including Uptown Funk and Shallow appeared first on Music Business Worldwide.
Netflix added over 5m paying subscribers per month in Q1 2020. Is this a promising sign for Spotify?
Could music streaming see a similar COVID-driven subscription bump? We’re about to find out.
The post Netflix added over 5m paying subscribers per month in Q1 2020. Is this a promising sign for Spotify? appeared first on Music Business Worldwide.