Deezer Doubles Down on Latin America; The Enduring Influence of Yacht Rock; Tencent Spending Billions Investing in Major Music Companies
Deezer claims $1.4bn valuation with TV Azteca partnership in Mexico — musically.com
Deezer is doubling down on Latin America courtesy of a partnership with Mexican broadcaster TV Azteca that values the music streaming service at $1.4bn.
Why Is Chinese Media Giant Tencent Spending Billions Investing in Major Music Companies? — variety.com
Over the past few years, Chinese media giant Tencent has spent more than $6 billion investing in major music companies — what’s the goal?
The Enduring, Undeniable Influence of Yacht Rock — www.insidehook.com
For years, yacht rock was merely a forgotten piece of early 1980s kitsch. Recently, though, it’s found a new life and audience online.
Buy or Sell? Spotify Stock Price Targets Upped by Analysts With Differing Recommendations — www.billboard.com
Guggenheim Partners and Morgan Stanley have nearly a $10 billion difference between their Spotify valuations, largely rooted in forecasts on the streaming platform’s podcast strategy.
Apple Music’s new ‘INDIY’ playlist focuses on DIY artists — musically.com
Hotly-tipped Brits Beabadoobee and Alfie Templeman are among the artists included in this week’s ‘INDIY’ playlist.
Survey suggests Covid-19 is sparking music streaming growth in Japan — musically.com
More Japanese people are willing to engage with music via streaming during the ongoing Covid-19 pandemic, according to a survey of the industry.
Hipgnosis revenues topped $80m in FY2020 — now it’s raising another $250m — www.musicbusinessworldwide.com
More money for Merck coming as firm beats management expectations for annual revenues.
What is Primephonic? The classical music streaming service explained — www.pocket-lint.com
Primephonic is a music streaming service like rivals Spotify, Apple Music, Amazon Music, Deezer and Tidal but with a difference. It only offers classical.
Lend Me Your Ears: How podcasts bring voice amid quarantine — www.newindianexpress.com
With many parts of India still in quarantine, people are turning to podcasts like never before for entertainment and knowledge but the industry should have moved from niche to mainstream.
5 surprising music hacks to try with your Amazon Echo — www.cnet.com
These Amazon Music features will give you a better music listening experience.
Matt Pincus-backed HIFI launches to help artists ‘actually see what they’re earning — and what they’re worth’ — www.musicbusinessworldwide.com
Founder and CEO, Damian Manning, talks MBW through HIFI’s new product offerings.
Live broadcasting platform Caffeine raises $113m in Series D funding round — www.musicbusinessworldwide.com
Platform claims to have added 2m new registered users over the last year.
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