France H1 music report: Streaming is 63% of total revenue
French trade body SNEP has released its mid-year report on the domestic music industry. The nation saw its revenue increase 12.7% to €277.1 million in the first half. Continue Reading
News
Sirius, Pandora land creative partnership with Drake
Sirius XM announced that it has inked a deal with Drake. The hugely popular artist is at the center of an extensive new partnership. The deal includes “a dedicated station, curated music, and collaborations with creative talent.” Continue Reading
A departure and a promotion at Spotify
Spotify’s personnel changes continue, with news today of another exit from the ranks along with a promotion for regional management. Continue Reading
Amazon Q2 results: Billions in revenue and more support for Alexa
Amazon released its financial results for the second quarter. The company generated net sales of $63.4 billion in the period. Despite the eye-popping size of the totals, Amazon’s performance caused consternation in the market. Continue Reading
Merlin promotes vice president of global operations
Merlin has promoted Jim Mahoney to the post of vice president of global operations. He assumes the newly created role immediately and will continue to work out of the global rights management and indie label group’s New York office. Continue Reading
Targetspot promotes Dominick Milano to broader role in North America
Targetspot announced a new promotion for its North American branch. Dominick Milano has been promoted to senior vice president of sales and business development for North America. Continue Reading
Queen’s Bohemian Rhapsody breaks 1 billion views on YouTube
YouTube may seem to be dominated by the new and the young, but there’s a place for the catalog to shine on the video platform too. Queen’s Bohemian Rhapsody is the first music video released before the 1990s to surpass 1 billion views on YouTube. Continue Reading
Will Page is the latest Spotify exec to leave the company
Another longtime member of Spotify’s leadership is leaving the company. Will Page is planning to exit his post of chief economist for the streaming service later this summer. He has been with Spotify since 2012. Continue Reading
Apple Music rebrands its hip-hop playlist and adds new Beats 1 show
Apple Music and Spotify have been making changes to their streaming services over the years to compete more directly with each other. The latest dig in the rivalry is around hip-hop playlist curation. Continue Reading
YouTube Music now lets listeners switch from audio to video (and back)
YouTube Music has launched a new tool that takes advantage of one of its key distinguishing features. Listeners on YouTube Premium and YouTube Music Premium now have the option to toggle between the audio version of a song and its official music video at will. Continue Reading
Spotify up to 2 million users in India
Spotify is reaching a larger international audience, and is seeing particular success in India. Cecilia Qvist, head of global markets, shared some insights about the company’s global growth during a conference in Hong Kong. Continue Reading
7digital swaps CEO, CFO, and board of directors
7digital has been making leadership changes in an effort to improve its financial situation. After a shake-up in the board of directors, the B2B music company has announced that its CEO and CFO are stepping down after just a few months in those roles. Continue Reading