Germany’s recorded music revenues increased 4.8% in the first half of 2020 despite COVID-19

Thanks to huge continued growth of music streaming, Germany’s recorded music revenues rose, despite physical media taking a hit during the global pandemic. Coronavirus has negatively impacted a large portion of the recorded music industry…

YouTube TV increases to $65/mo after adding new ViacomCBS channels

New and existing YouTube TV subscriptions are increasing after new channels from ViacomCBS are added. Launched in 2017, YouTube TV is the US only, online, live TV service from Google. After signing a deal with…

TikTok sees growth as countries go into lockdown

The video sharing app see impressive user and revenue growth as more and more residents around the world are being ordered to stay home. In the US, week-on-week downloads are up 18%. With 2 million…

Music streaming creates second year of massive revenue growth in 2017

The music industry has been showing massive surges in growth in recent years and new reports show it’s only getting bigger. Thanks to the meteoric rise of music streaming in recent years profits in the…

Giant music streaming rises cause record $1B+ revenues for ASCAP & a LANDR partnership

ASCAP have revealed record levels of income thanks to music streaming booming, and announce LANDR partnership for member benefits. The American Society of Composers, Authors and Publishers (ASCAP) have announced their revenues from last year…

Music streaming is soaring in Australia as profits fly upwards

As music streaming boosts profits in the industry around the world Australia is seeing massive growth with 2 consecutive years of booming music popularity. The music industry in Australia is on the rise for another…

Spotify Payouts Up 85% To $1.8 Billion in a Year for Music Industry

Spotify’s road of success is showing no signs of slowing down as it’s been revealed that Spotify’s revenue has increased 80% in 2015, with an 85% increase in payouts to the music industry. Whoever said…

iTunes Releases Variable Pricing Model

The anticipation is now over, as music fans everywhere can now pay more for their favorite tracks on the iTunes Store. On Tuesday morning the iTunes store switched over to a variable pricing scheme with…

Universal Music, Are They Starting To Adopt Digital Business Models Correctly?

In the last year or so it has been tough times for the major record labels. The majors have not really been moving into the digital as fast as they should, whilst at the same…