The US Latin music market grew 24% in 2022, just 3% below the all-time high from 2005 according to the RIAA, the American recorded music industry association. Total revenues of $1.1 Bn represented an all-time high share of overall US recorded music revenues of 6.9%, up from 5.9% in 2021. Revenues from streaming formats were more than $1 Bn, growing 25% to $1.06 Bn, and making up 97% of Latin music revenues. Paid subscriptions were once […]
Deezer launches AnimeVerse channel with Anime themed playlists and quizzes showcasing the iconic Japanese animation style. Dedicated fans and newcomers alike can now enjoy an exciting journey through the world of anime music – including staples such as NARUTO, Attack on Titan, or Studio Ghibli. Available now, the AnimeVerse channel boasts an exceptional collection of music from anime series, movies, and video games, as well as anime-inspired music from around the globe. You can explore the history of anime with […]
TIDAL to support HiRes FLAC was the surprise announcement from Jesse Dorogusker, CEO of TIDAL in an AMA (Ask Me Anything) session on reddit at the beginning of the week. When asked about MQA he gave the following reply: “So many questions about MQA and hi-resolution audio. I hope we don’t spend all of our time on audio format details, but it’s an AMA and you’re asking. TIDAL has cared about high quality and even […]
Streaming is benefitting more artists with streaming success spread across many more artists compared to the CD era according to recent research by the BPI. Based on Official Charts data, the findings show that the 10 leading streaming artists made up just 4.9% of the audio streaming market in the UK last year. This compares to the top 10 artists in 2007, when CD was the leading format, making up 10.9% of that year’s artist […]
MQA goes into administration, the UK’s equivalent to Chapter 11 in the US but is continuing to trade as usual. Recently the company announced the creation of a new HiRes wireless codec originally called MQAir which was recently renamed to SCL6. However, this does not seem to have set the audio world alight with many industry pundits sceptical about another lossy wireless codec to join the likes of aptX, LDAC, and LHDC – none of […]
Qobuz makes a play to be the Classical music streamer saying that 19% of its catalogue is Classical according to a recent statement by the company. Following on from the recent launch of Apple Music Classical, Qobuz points out that its has been streaming Classical music since its founding in 2007 and has offered classical music fans exclusive content, classical music-centred curation, editorial, playlists, and more. As it has evolved from its French roots, through […]
TIDAL launches Live a new in-app feature that makes it easy for HiFi and HiFi Plus TIDAL subscribers to share music in the moment without physically being together. Formerly beta tested as ‘DJ’ through an early access program, Live is a new way for fans to spontaneously share music. The new feature makes it effortless for fans to also find and follow music tastemakers. When starting a Live session, TIDAL subscribers can choose the session […]
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