UK MPs launch inquiry into music streaming
News

UK MPs launch inquiry into music streaming

UK MPs launch inquiry into music streaming which will examine what economic impact music streaming is having on artists, record labels and the sustainability of the wider music industry. The Digital, Culture, Media and Sport Committee of the UK Parliament is now accepting evidence from interested parties and the wider public. With streaming currently accounting for more than half of the global music industry’s revenue, the inquiry will look at the business models operated by […]

News

Deezer extends podcasts to 51 more countries

Deezer extends podcasts to 51 more countries giving listeners in 32 additional European and 19 Latin American countries access on the ‘Shows’ tab. According to a recent report, Reuters Institute Digital News Report 2020, over 30% of people have streamed podcasts within the last month with 70% of global podcast listeners actively discovering new shows every week. The ‘Shows’ tab is Deezer’s unique way to help listeners discover and keep track of their podcasts. The tab is […]

Global music streaming growth slows in Q2 2020
News

Global music streaming growth slows in Q2 2020

Global music streaming growth slows in Q2 2020 but grew 13% year on year with revenues of $6.7 Bn according to global research firm, Counterpoint Technology Market Research. This is the first-ever quarter on quarter decline in terms of revenues as music streaming has been gaining strength with every passing quarter. Paid subscriptions grew 29% year on year (YoY) compared to 35% YoY in Q1 2020. Research Analyst Abhilash Kumar said, “The growth slowed down in Q2 and, […]

Spotify tests podcast Polls feature
News

Spotify tests podcast Polls feature

Spotify tests podcast Polls feature which lets podcasters communicate with their listeners and ask their audience questions within the app. Both the host and listeners will be able to see the responses in real time, opening up an entirely new way for creators and listeners to interact. Through Polls, listeners can share feedback and opinions as requested by the show’s hosts, who can use that information to better connect with their fans in future episodes, […]

US Latin music market grew 18.6% in first half of 2020
News

US Latin music market grew 18.6% in first half of 2020

The US Latin music market grew 18.6% in first half of 2020 with streaming accounting for 96% of this market according to the RIAA, the US recording industry association. During this period revenues from Latin music in the US grew to $296.1 million at retail value, the fourth consecutive year of double digit percentage growth. Latin music continued to grow its share of overall US music revenues to 5.2%. Total streaming revenues grew 20.3% to $285.2 […]

YouTube Music rolls out Global Charts
News

YouTube Music rolls out Global Charts

YouTube Music rolls out Global Charts so that people can browse top songs, music videos, artists, and trending content both globally and in 57 individual countries. Earlier this year in April, YouTube Music launched the Explore tab as the go-to destination for music discovery on its service. The Explore tab introduces users to new albums, singles, and music videos, and also helps them easily navigate the catalogue of diverse playlists through the Moods & Genres section. The […]

Amazon Music expands its HiRes catalogue
News

Amazon Music expands its HiRes catalogue

Amazon Music expands its HiRes catalogue with a partnership with Universal Music Group and Warner Music Group to remaster thousands of songs and albums in HiRes. Music from Eagles, Marvin Gaye, Nirvana, Tom Petty, Diana Ross, Linkin Park, J. Cole, Waylon Jennings, Ramones, 2 Chainz, Lady Gaga, The Notorious B.I.G., Ariana Grande, Selena Gomez and more, has been newly remastered in Ultra High Definition – Amazon’s branding of its HiRes service. In addition, music from […]