Marketplace

Spotify will now make a playlist for your cat

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.

Source: Spotify will now make a playlist for your cat

Mechanical Licensing Collective appoints Kris Ahrend as CEO

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

Has Amazon Already Figured Out the Future of the Music Streaming Business?

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 “[50] million songs, a search box and good f*ckin’ luck” — all for $9.99/£9.99 per month.

Source: Has Amazon Already Figured Out the Future of the Music Streaming Business?

MIDiA: The Meta Trends that Will Shape the 2020s

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.

Source: The Meta Trends that Will Shape the 2020s

Streaming wars push Hollywood to a record number of new TV series

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.

Source: Streaming wars push Hollywood to a record number of new TV series

Top Hollywood Execs Look Ahead to a Year of Disruption

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.

Source: Top Hollywood Execs Look Ahead to a Year of Disruption

Change or Die: 50% of Media and Entertainment Execs Say They Can’t Rely on Old Biz Models, Survey Finds

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.

Source: Change or Die: 50% of Media and Entertainment Execs Say They Can’t Rely on Old Biz Models, Survey Finds

It’s crunch time for Seattle-based photo giant Getty Images, and for photographers

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.

Source: It’s crunch time for Seattle-based photo giant Getty Images, and for photographers

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