According to a blog from YouTube CEO Susan Wojcicki published Friday (February 14), YouTube handed music rightsholders over $3bn from ads and subscriptions combined in the 12 calendar months of 2019. Wojcicki claims that YouTube is successfully partnering with the music biz to “grow revenue, break new artists and promote music”.
Over the past year, 95 million people in the U.S. used a major streaming service, 68 million were self-paying, 25 million had access through a family plan, 13 million were on a free trial, and nearly 11 million were “mooching,” or sharing a log-in that was not from an authorized family plan.
Splice, the popular platform for rights-cleared sounds and beats, has paid out more than $25 million to musicians in its artist-to-artist marketplace, the company has revealed. The milestone marks a significant acceleration since announcing a year ago that it had reached $15 million in payouts.
This week, Beatchain has launched a platform that promises to “help musicians share their talent, connect with fans, and earn money from their music, without having to share profits and creative control with industry middlemen”. The company says that it will add more tools throughout 2020, including subscription fan-clubs, ticketing, AI mastering, lyric videos, and ad-placement functionality.
Spotify is announcing its latest quarterly financial results later this morning, and we can expect to hear some new figures for its push into podcasts. Ahead of that, the Financial Times has published a report suggesting that podcasts are a particularly sensitive point in Spotify’s latest licensing negotiations with major labels.
As Britain now coasts into Brexit, music industry names continue to voice their fears over the uncertain future that faces homegrown touring artists. Last year, the value of the UK’s live music scene surged to £1.1billion, but now many say the implications of Brexit could be “devastating” to artists wishing to tour Europe.
A program that lets Starbucks customers read news publishers’ websites for free on Starbucks via its Wi-Fi service has drawn so-so reviews from participating news media companies. While Starbucks isn’t paying the participants, the publishers involved said they see the program as a good source of new readers.
Creative music supervision agency Big Sync Music, a wholly-owned subsidiary of Santa Monica-based music licensing platform Songtradr, is expanding into Australia, New Zealand, France and Germany with Unilever as its anchor client. Big Sync’s new operations will be headed up by Country Managers Michael Szumowski, Pedro Anacker and Nicolas Farcy.
According to initial sales reports to Nielsen Music, the collected songs performed during the halftime show (which aired live on Fox TV in the U.S.) garnered a 1,013% sales increase in the U.S. on Feb. 2, the day of the big game. In total, the tunes sold 16,000 digital downloads on Sunday, up from a little more than 1,000 sold on Saturday, Feb. 1.
The coronavirus outbreak has forced almost all of China’s movie theaters to go dark — and could strike a multibillion-dollar blow to global box offices, a new report says. The outbreak that has claimed more than 100 lives reportedly led film exhibitors to shut down about 70,000 screens in China, which helped power last year’s record-breaking global movie grosses.