August 2020

Entertainment and Subscription Market at end June 2020

Streaming subscriptions soar in Australia during pandemic

31/08/2020

Streaming subscriptions soar in Australia during pandemic adding 5.6 million new subscriptions to the end of June 2020, an increase of 18% from a year ago. This growth was across streaming video on demand (SVOD), streaming music and games related subscription services. The COVID-19 pandemic has boosted home entertainment subscription services in Australia according to new research from emerging technology analyst firm Telsyte. The Telsyte Australian Entertainment Subscriptions Study 2020 found SVOD and streaming music […]

SoundCloud launches Australian radio channel

30/08/2020

SoundCloud launches Australian radio channel in a partnership with SCA to launch on web and DAB+ from the 24th August. SoundCloud Radio is SCA’s first and only station dedicated to music discovery, curated by the experts at SoundCloud. SoundCloud Radio will give you a front-row seat to only the newest drops happening on SoundCloud so you can get to know the artists who should be on your radar right now. And with the ability to […]

Streaming is the engine of US music industry growth

29/08/2020

Streaming is the engine of US music industry growth according to a report from the Digital Media Association (DiMA). DiMA represents the world’s leading streaming companies with members Amazon, Apple, Google, Pandora, Spotify and YouTube. The report is the result of research conducted by MIDiA Research published as the Streaming Forward Report. According to the association, ‘After years of declining sales and waning fan enthusiasm, the rise of streaming has ushered in a new golden […]

German music industry continues to grow despite COVID-19

29/08/2020

German music industry continues to grow despite COVID-19 with a 4.8% increase in sales in the first half of 2020 according to the BVMI, Germany’s recorded music industry association. The industry generated a total of 783.7 million euros from audio streams as well as from the sale of CDs, downloads and vinyl in this period. This is 4.8% more than in the same period last year (H1 2019: 748.1 million euros sales after the full […]

Five hurdles to HiRes audio adoption

27/08/2020

There are five hurdles to HiRes audio adoption according to a recent report by Futuresource Consulting entitled ‘Perspective on HiResolution Audio’. HiRes audio has been around for over 15 years yet despite the availability of affordable recording equipment enabling artists to produce music in HiRes and more audio devices capable of higher quality playback there remain five hurdles to overcome before HiRes reaches the mass market. Limited content library Music content delivered in HiRes to […]

jazzed to get HD lossless audio service

26/08/2020

jazzed to get HD lossless audio service supplied by 7digital a global leader in B2B end-to-end digital music solutions for its jazzed premium subscription plan. 7digital’s Music Platform-as-a-Service will also support jazzed – the world’s first dedicated audio-visual streaming service for jazz and jazz-influenced music – to launch globally in new territories. jazzed is a multi-tier jazz streaming subscription service which has been developed by ETA Productions Ltd, a specialist in creating new digital media platforms […]

National Album Day 2020 returns on 10th October

25/08/2020

National Album Day 2020 returns on 10th October celebrating the Eighties arguably music’s greatest decade. This year’s 80s theme is a first in a series of musical themes for National Album Day that will be rolled out annually and coincides with the current resurgence of 80s popular culture that is loved by audiences both young and old. The Eighties has been voted the UK’s favourite music decade and gave us artists like Madonna, Eurythmics, Culture […]