Why, in a post-Tencent/Universal world, the three major music companies are worth nearly $90bn

MBW estimates that Universal, Sony and Warner are now collectively worth just shy of $89bn
The post Why, in a post-Tencent/Universal world, the three major music companies are worth nearly $90bn appeared first on Music Business Worldwide.

The major labels are close to generating $1m from streaming every hour – but global growth is actually slowing down

MBW analysis shows that global major label streaming revenue growth slowed by 19.1% YoY in the first six months of this year
The post The major labels are close to generating $1m from streaming every hour – but global growth is actually slowing down ap…

Pandora user base fell by 6.5m in Q2 – but parent SiriusXM posts record $2bn in quarterly revenues

SiriusXM’s radio platform ended Q2 with 29.3 million self-pay subscribers
The post Pandora user base fell by 6.5m in Q2 – but parent SiriusXM posts record $2bn in quarterly revenues appeared first on Music Business Worldwide.

Live Nation has pushed concert prices up.. and it’s paid off to the tune of $500m

Live Nation has raised ticket prices, globally, for the best seats at amphitheater and arena shows by close to a third since Q1 2018
The post Live Nation has pushed concert prices up.. and it’s paid off to the tune of $500m appeared first on Musi…

AI in the music industry is nothing to be scared of – it’s a step towards an exciting new future.

Mubert’s Alexey Kochetkov enters the debate over human versus algorithmic music creation
The post AI in the music industry is nothing to be scared of – it’s a step towards an exciting new future. appeared first on Music Business Worldwide.

Apple is investing in original podcasts – and Spotify investors aren’t happy about it

Daniel Ek’s company has earmarked between $400m and $500m to spend on acquiring podcast content and tools this year
The post Apple is investing in original podcasts – and Spotify investors aren’t happy about it appeared first on Music Busin…

Ed Sheeran’s No.6 Collaborations album isn’t a record-breaker – but it just cleared 100m Spotify streams in three days

Album generated $500,000 for Sheeran and Atlantic Records on Spotify in its first three days of availability
The post Ed Sheeran’s No.6 Collaborations album isn’t a record-breaker – but it just cleared 100m Spotify streams in three da…

Spotify needs to scale its ad business. Can podcasts fix the problem, and if so, how?

How does Spotify’s ad revenue strategy line up with its podcast initiatives?
The post Spotify needs to scale its ad business. Can podcasts fix the problem, and if so, how? appeared first on Music Business Worldwide.

How to Turn a $147 Song into a $79 million Tour (Or: How Songwriters Are Getting Stiffed On Live Music Royalties)

TuneCore’s Chris Dampier explains the measly rewards being passed to songwriters from sell-out concerts
The post How to Turn a $147 Song into a $79 million Tour (Or: How Songwriters Are Getting Stiffed On Live Music Royalties) appeared first on Music B…