Twitch has a new music partnerships manager: Athena Koumis, formerly of Spotify and Xcite Networks. She announced her new job in social posts yesterday, making it clear that Amazon’s live-video platform wants to get more musicians streaming.
Spotify is launching a silly new playlist generator today that promises to create a playlist that both you and your pet will enjoy. The whole thing seems to be designed to go viral, which is one of the ways Spotify has had luck standing out from competitors like Apple Music that have largely the same exact music offering.
The Mechanical Licensing Collective (MLC) has appointed respected music industry executive Kris Ahrend as CEO. Ahrend will begin his tenure with the MLC effective immediately. MLC Board Chair Alisa Coleman said: “Kris was selected by our Board after a months-long competitive process; both his background and vision stood out amongst many qualified candidates.
NashvilleSource: Mechanical Licensing Collective appoints Kris Ahrend as CEO
A key observation of the current market is that the streaming market offers little differentiation in both content and pricing. Most services these days, to paraphrase former Pandora CEO Tim Westergren, offer a set menu of “ million songs, a search box and good f*ckin’ luck” — all for $9.99/£9.99 per month.
Amazon.com is well-known for dominating the U.S. book-retail market, but it is also a force as a book publisher, signing up blue-chip authors such as Dean Koontz and Patricia Cornwell who could make the tech giant an even more formidable threat to the traditional industry.
Progressively more of what we consume has reached us after being adapted by someone else, whether that be personal recommendations, likes or comments. Additionally, more of the content we view has been modified, such as memes, captioned photos, Instagram photos, and TikToks. 2020 will be see the rise of user-modified content (UMC) with more audiences leaning forward and taking ownership of the content they view.
The streaming revolution has helped set a brand new record for the number of scripted dramas and comedies available on TV and video platforms. According to data collected by Disney-owned basic cable channel FX, 532 scripted series were produced in 2019, an increase of 7 percent over 2018.
With all the glam and glitz of the just-wrapped Golden Globes ceremony giving way to the coming madness of January — TCA! CES! Sundance! NATPE! — Hollywood is bracing for a momentous year ahead. The largest media conglomerates are in the throes of a transition that has been simplistically described as the onset of “streaming wars,” a response to the disruption that has touched every corner of the industry.
About 50% of M&E executives said their company cannot rely on traditional business models to survive the shifting landscapes, according to a new survey by consulting and professional services firm EY. Indeed, 34% of those surveyed indicated that their company will no longer exist in five years unless their business undergoes reinvention.
The stock photo business is highly competitive, with Getty and its rivals, such as Adobe and Shutterstock, steadily cutting prices to keep market share. But if lower prices have benefited Getty’s customers, they’ve also meant less money for stock photographers, whose once-generous earnings have in some cases fallen to as low as a few pennies per image.