Marketplace

Has Live Streaming Suddenly Become Music’s Primary Format (and Artist Revenue Stream)?

The live streaming of shows had been a neglected opportunity for the previous two decades, but out of necessity a new sector has been created in the space of a few months. The live streaming of shows started with home performances, with Ben Gibbard and Erykah Badu both early adopters who bravely gave it a go and paved a way for others.

Source: Has Live Streaming Suddenly Become Music’s Primary Format (and Artist Revenue Stream)?

Bold or Reckless? Movie Business Debates AMC and Universal’s Early VOD Deal

The pandemic dramatically shifted the power dynamics between studios and exhibitions, giving content creators more leverage in the debate over how films are made, marketed, and distributed. “Pre-coronavirus, we were marching toward shorter windows,” said Erik Gordon, an associate professor at University of Michigan. “Covid changed the balance of power so now we’re racing toward shorter windows.”

Source: Bold or Reckless? Movie Business Debates AMC and Universal’s Early VOD Deal

Spotify’s Daniel Ek Talks Covid-19, Universal Deal, Launching in Russia and Moving Ahead

Ahead of Spotify’s earnings call for its 2020 second-quarter results on Wednesday morning, the company’s cofounder and CEO Daniel Ek and CFO Paul Vogel got on the phone for a short call with Variety’s Jem Aswad and Todd Spangler. The conversation follows in full.

Source: Spotify’s Daniel Ek Talks Covid-19, Universal Deal, Launching in Russia and Moving Ahead

Universal, AMC Theatres Forge Historic Deal Allowing Theatrical Releases to Debut on Premium VOD Early

Universal Pictures and AMC Theatres have put aside a bitter feud and signed a multi-year agreement that will allow the studio’s films to premiere on premium video on-demand within three weeks of their theatrical debuts. The pact, sure to send shockwaves throughout the exhibition industry, has the potential to reshape the ways that movies are marketed and distributed.

Source: Universal, AMC Theatres Forge Historic Deal Allowing Theatrical Releases to Debut on Premium VOD Early

Instagram’s TikTok Competitor, Reels, Looking To Poach Creators With Six-Figure Payments

It’s unclear which creators have been approached, and whether any subsequent deals would necessitate that creators post exclusively on Reels or not. But interestingly, TikTok just announced a massive $200 million Creator Fund of its own that will look to dole out payments to native creators — though details are still scant on how those funds will be distributed.

Source: Instagram’s TikTok Competitor, Reels, Is Reportedly Looking To Poach Creators With Six-Figure Payments – Tubefilter

The Pandemic Pushed Publishing Into the Digital Realm. So What’s Next?

The whole idea of a New York City–centric trade publishing industry based on relationships nurtured by long lunches and cemented in Midtown high-rises, already increasingly anachronistic, now seems certain to be more rapidly supplanted. In its place will likely be a more geographically and socially diverse author-agent-publisher ecosystem, enabled by a more expansive communications infrastructure.

Source: The Pandemic Pushed Publishing Into the Digital Realm. So What’s Next?

‘We’re starting to see a generation of artists born and raised on TikTok.’

We’re starting to see a generation of artists born and raised on TikTok; The Limba, signed to Believe in Russia, is a good example. We’ve taken him to be the largest artist in Russia in the past several months – both on and outside of TikTok – and TikTok was the No.1 reason why he [was able to] reach the top.

Source: ‘We’re starting to see a generation of artists born and raised on TikTok.’

CES 2021 in Las Vegas Canceled Over COVID-19, Moves to Online Format

What normally happens in Vegas each year in January won’t be in Vegas after all. CES 2021, scheduled to run Jan. 6-9, 2021, will not be held in Las Vegas, the Consumer Technology Association announced. It’s the latest event canceled because of the coronavirus pandemic, which has had a resurgence in the U.S. the past two months.

Source: CES 2021 in Las Vegas Canceled Over COVID-19, Consumer Electronics Show Moves to Online Format

Tencent Music pays indie artists over $84m via ‘Incentive Project’

Tencent Music Entertainment has revealed that 590 million yuan (over $84m) has been paid out to indie artists using its ‘Tencent Musician Program’. Launched three years ago, Tencent Musician is an online service for emerging independent artists to upload their music to TME platforms.

Source: Tencent Music pays indie artists over $84m via ‘Incentive Project’

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