Music industry

Tencent now controls 10% of Universal, 9% of Spotify… and nearly 2% of Warner Music Group

Tencent’s ownership of minority stakes in two of the world’s ‘big three’ music rights companies is made a touch more interesting by the fact that the Chinese giant may soon find itself opposite both Warner and Universal at the negotiating table.

Music Business Worldwide

Twitch’s Streaming Boom Is Jolting the Music Industry

Long an afterthought to YouTube, Instagram and TikTok, Twitch has won over musicians. Now it must deal with their lawyers.

Bloomberg

What will the music industry leave behind when lockdown lifts?

Lockdown has taught us many things. But amidst the constant Groundhog Days of Zoom calls and crossed out diary entries, it has been particularly good for realising the things you can’t live without – and rationalising the ones that no longer seem quite so necessary.

Music Week

No Audience? No Problem. Full Production Concerts Are Returning to Empty Venues

Shows like Jason Isbell at Brooklyn Bowl Nashville and Rauw Alejandro at El Coliseo de Puerto Rico in San Juan are a stopgap investment in a stalled live music industry.

Billboard

TikTok, pharmakon de l’industrie musicale

Bien que ce ne soit pas sa fonction principale, TikTok est une plateforme où on écoute de la musique. Les discussions avec les acteurs de l’industrie musicale sont plus lentes que le développement de l’application et cela ne se fait pas toujours au profit des artistes.

France Culture

La industria musical colombiana ¿lejos de la reinvención?

¿Qué hace falta para que el sector de la música pueda reinventarse realmente?

Radionica

La Scala would lose €50,000 a day if it reopened

La Scala would lose €50,000 a day if it reopened, complying with the social distancing guidelines imposed by the law passed on 17 May.

Gramilano

Post-Pandemic Music Industry Predictions: The Consolidation Of Power

Too few transactions or limited value are common reasons for lack of investment into a sector like music, but the industry has been viewed as more favorable in recent years, with a wave of funding, mergers, acquisitions, institutional interest and promising new technology.

Forbes

Japan's music industry explores online concerts to cure virus blues

Concert cancellations began to roll in on February 26, the day Japanese Prime Minister Shinzo Abe requested citizens to avoid large cultural events. As of the end of May, 220 of his shows have been canceled. "We lost sales of 4.2 billion yen ($39 million) due to the cancellations," sighed Hayashi.

Nikkei Asian Review


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