News 224 - RAIN News

Spotlight on China: How long will Tencent stay in control?

Posted on November 27, 2017 by Anna Washenko

China is in position to be the next center of international music deals, according to a profile in the Financial Times (paywall). The publication cited data from iResearch claiming that China could see its paid online music market grow 59% this year, reaching about 3 billion renminbi ($455 million). Tencent was responsible for 78% of the Chinese market in 2016, and that dominance has allowed the conglomerate to secure licensing and copyright deals with several of the larger western music businesses. Continue Reading →

Nuvoodoo survey questions radio ad relevance and creative quality

Posted on November 27, 2017 by Anna Washenko

Nuvoodoo dug into its latest Ratings Prospects Study of radio listeners for their reactions to advertising. The survey asked about ad relevance, and creative quality — whether the ads “sound good.” Continue Reading →

Spotify for Artists adds two updates to the Artist’s Pick feature

Posted on November 22, 2017 by Anna Washenko

Spotify for Artists has made a few new additions to the Artist’s Pick feature. This section, which debuted last year, allows a performer to select music to highlight at the top of their Spotify profile with accompanying text. Continue Reading →

Neil Young Archive will be free at launch on December 1

Posted on November 21, 2017 by Anna Washenko

Here’s an update for those of you following the yarn of Neil Young in the digital music space. In August, the rocker announced plans to make his entire catalog available in an online archive. Now, the Neil Young Archive has a planned launch date of December 1. Continue Reading →

Streaming reaches 52% of Australian record industry revenue in H1 2017

Posted on November 21, 2017 by Anna Washenko

Australia saw streaming revenue of A$96.9 million in the first half of 2017. That result marked a 57% increase from the year-ago period, according to data from the Australian Recording Industry Association. Continue Reading →

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Saavn gets investors, new stats for latest in-house track

Posted on November 21, 2017 by Anna Washenko

Saavn, a specialist in Indian and Bollywood music, has shared two business developments. First, the company added two strategic investors to its music platform. Second, the company also announced some results from its efforts as an in-house label. Continue Reading →

Spotify to double London team in next two years

Posted on November 20, 2017 by Anna Washenko

Spotify has announced plans to move into a new office in London. Not only will the streaming company’s square footage be growing in the UK capital, but so will its workforce. Bloomberg reported that Spotify expects to double its London team over the next two years. Continue Reading →

Yandex Music is Russia’s top app that isn’t a game

Posted on November 20, 2017 by Anna Washenko

Streaming service Yandex Music is the top non-game mobile app in Russia based on iOS and Android sales, according to App Annie. Although detailed numbers are scarce, Russian music companies appear to be doing a solid business despite longstanding trends toward piracy within the market. Continue Reading →

Webinar details TechSurvey 13 results, technical background on streaming

Posted on November 17, 2017 by Anna Washenko

StreamGuys, Jacobs Media Strategies, and jacapps collaborated on a webinar with pertinent data and advice about streaming for radio broadcasters. The presentation began with audience survey data from Jacobs’ TechSurvey 13. The survey showed a steady trend of traditional platforms in a gradual decline since TechSurvey 9 as digital platforms have been on a slow and steady rise. Continue Reading →

UMG could see $2 billion in streaming revenue this year

Posted on November 17, 2017 by Anna Washenko

Universal Music Group has posted streaming revenue of €1.44 billion ($1.6 billion) in the first nine months of 2017, up 40.8% over the same period. In just the third quarter, the label’s streaming revenue reached €481 million ($535 million). Continue Reading →

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XAPPmedia brings Alexa skills to first UK radio station

Posted on November 17, 2017 by Anna Washenko

XAPPmedia launched a custom Alexa skill for Jazz FM. The debut makes Jazz FM the first UK radio station to roll out a custom Alexa skill. The station’s voice command has also launched in the U.S. and in India. Continue Reading →

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Spotify acquires music creation and collaboration company

Posted on November 17, 2017 by Anna Washenko

Spotify has acquired Soundtrap, an online music studio that lets people collaborate on music creation in real time. Financial details of the deal were not disclosed. Soundtrap’s service will continue to be available. Continue Reading →