Music industry

Sony Music’s streaming revenues grew 15.6% in H1 2020

Sony’s recorded music streaming revenues reached $1.282bn in the first half of calendar 2020. That was up by 15.6% on the $1.109bn streaming haul the company posted in the same period of 2019, according to MBW’s calculations based on Sony Corp’s latest quarterly results.

Music Business Worldwide

Latin Music Listening Up Nearly 16% in 2020 With Bad Bunny Leading the Pack

Audio consumption of Latin music grew to 14.56 million units in the first six months of 2020, up 15.9% from the 12.6 million units registered for 2019’s midyear total. That number helped the overall growth of the genre.

Billboard

Spotify hits 138m premium subscribers as growth slows

The subscriber figure was “well above expectations” and grew in all regions in the three months to June 30, Spotify revealed in its Q2 report this week.

The Music Network

“Concerts debout touchés en plein cœur”

Dans une lettre ouverte publiée ce 23 juillet, salles de spectacles, lieux évènementiels, tourneur·euses, artistes, syndicats, labels, festivals et indépendant·es de l'industrie musicale française se mobilisent pour demander au gouvernement “des perspectives claires et cohérentes de scenarii et des échéances [...] afin de pouvoir travailler au redémarrage de [leurs] activités”.

Les InRocks

El streaming vence a la piratería y la facturación de la industria musical ya roza máximos históricos

En 2019, los ingresos generados por la industria musical rompieron la barrera los 20.000 millones de dólares.

Libre Mercado

Here is the future of music: monetized livestreams

Despite the increased interaction between musicians and their audiences, most of these online concerts come free of charge, thus, threatening how the music industry makes money.

Bandwagon

Good vibrations: how Bandcamp became the heroes of streaming

They waive their fees, raise cash for Juneteenth and champion everything from vaporwave to eco-grime. Founder Ethan Diamond explains how he did it.

The Guardian

Concerts Disappeared. Piano Sales Survived.

With their showrooms closed this spring, instrument dealers around the country report surprise at the robust numbers.

The New York Times

NetEase have made a large investment in an AI music composer

NetEase, a notable rival to Chinese tech company Tencent, have just made a $1.68 million investment in a new music AI company.

Routenote


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