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Songtradr acquires Bandcamp, promises continuity and new opportunities

Music distribution and licensing company Songtradr has acquired music marketplace and community platform Bandcamp. Bandcamp is owned by interactive entertainment company Epic Games. As announced on the Songtradr blog, it appears that Bandcamp — which provides track and album e-commerce for independent artists — will continue operating, and one important new licensing opportunity will be in play. Continue Reading

Triton Digital Canada Podcast Ranker (August); 3 new entries; 1 new top-10

Triton Digital released its Canada Podcast Ranker for August, listing the top 100 shows operated by Triton client networks. It shows one new entry in the top 10: 48 Hours (Paramount), entering the list at #10. Interestingly, for the Canada report Triton observes English and French language podcasts, and breaks out the top-3 mini-ranking of both. Click for more and a link to the interactive report. Continue Reading

Spotify gets more social with “Jam” group playlisting

Spotify is raising its social media game with the launch of a new collaborative function called Jam. It’s a group-playlisting feature that builds on the previously released Collaborative Playlist by putting the social activity in realtime, and giving it a phone-touching in-person aspect. Unlike many cautiously incremental launches, Jam is available globally now. Premium users start Jams, then any user can join. Continue Reading

RIAA revenue second look: Not record-breaking when adjusted for inflation

Earlier this week we reported the mid-year update from the Recording Industry Association of America (RIAA), which tabulates revenue for the U.S. recorded music industry. That report broke new ground with the highest dollar amount in the span of the RIAA’s public reporting period (1973-2023). But a different reality emerges when we consider relative dollar value. Click for an illustrated comparison. Continue Reading

Recorded music attains new revenue record; streaming grows from 75% to 84%

The recorded music industry reached an all-time high in total revenue for the first half of 2023 — $8.3-billion across all reported categories. Streaming accounted for $7.0-billion, 84% of the total. On average, there were 96-million music subscriptions in H1 2023. All this and more from the Recording Industry Association of America (RIAA) in its annual mid-year report. Continue Reading