Why Legacy Acts are Finally Joining the Streaming Game; 10 Trends That Will Reshape the Music Industry
Why Legacy Acts Are Finally Joining the Streaming Game — www.billboard.com
For years, veteran acts avoided the platforms they felt devalued their art (and shrank their royalty checks). But with the promise of new listeners — and renewed relevance — they’re starting to change their minds.
The IFPI has reported that global recorded music revenues have hit $19.1 billion, which means that MIDiA’s own estimates published in March were within 1.6% of the actual results.
Next Clio Music awards submission deadline is May 17 — musically.com
Clio Music lives as a section within the annual Clio Awards, this year celebrating the 60th-anniversary milestone and scheduled to be held on September 25th during advertising week in NYC.
Feature.fm President David Porter on why ‘sponsored songs’ will be big business for streaming.
YouTube Music has just launched in Poland, Czechia, Romania, Hungary, Bulgaria, North Macedonia, and Cyprus.
The record industry is booming again — but the digital services who rescued it deserve better — www.musicbusinessworldwide.com
Kim Bayley: ‘An insidious rise in name-calling towards digital services and an apparently wilful dismissal of their contribution is on the rise.’
Marshall, the headphone company and not the loudspeaker company of the same vintage, today announced two new portable speakers. Like the company’s previous offerings, these speaks ooze a retro vibe.
Nashville music tech startup Soundstripe has closed a $4 million Series A financing round led by Vocap Investment Partners.
Sonos Launches Google Assistant Support for Its Entire Speaker Line-Up — variety.com
The feature will come to the UK, Germany, Canada, Australia, France, and the Netherlands in July.
BIGSOUND Tech will return this year, putting tech entrepreneurs working on products for the music industry centre stage.
Tencent Music Entertainment Group to move more content behind paywall — channels.theinnovationenterprise.com
Tencent Music Entertainment Group announces increase of 27.4% in the number of paid users as pay-for-streaming accounts climb to total 28.4 million
SoundCloud has launched its latest DJ software integration with Pioneer DJ. Through its We DJ app, SoundCloud users can instantly stream and mix SoundCloud’s catalog of 200 million tracks from 20 million creators.
— — — — — — — — — -
Send news tips, comments, sponsorship questions to Jeff: email@example.com
Want to sponsor an edition of Platform & Stream? Get more info here.