Tencent Music’s Q3 financial results show 51.7 million paying subscribers

Image credit: Tencent Music Chinese technology conglomerate Tencent release revenue and subscriber numbers for music streaming service Tencent Music Entertainment. Tencent Music Entertainment Group published their Q3 2020 results last Tuesday, showing statistics from the…

SiriusXM Q3 2020 results show Pandora’s monthly active users shrinking

US satellite radio broadcaster and owner of streaming platform Pandora report on their latest Q3 2020 earnings. The latest report published by SiriusXM is based on data between July and September 2020. The higlights show…

Loup Ventures predict Apple Music’s 82m subscribers will generate $6.8bn revenue in 2020

Investment firm Loup Ventures published a report detailing Apple Music’s subscriber numbers, market share and revenue for 2020. The report suggests Apple Music’s 82 million paying subscribers equates to $6.8 billion, which makes up around…

Tencent Music’s Q2 financial results show 47.1m paying music users

Tencent publish their Q2 financial results, showing very impressive subscriber, revenue and profit growth in 2020. Tencent Music Entertainment’s Q2 financial highlights are as follows: Online music paying users grew 51.9% year-over-year to 47.1 million,…

Can I split royalties between artists, producers, vocalists and more?

Yes. Upload your music to RouteNote, distribute to stores/streaming services, and use our free split tool to dish out percentages of revenue. Once you’ve distributed your music through RouteNote, to top stores and streaming services…

TikTok’s parent company ByteDance generated $17bn in 2019, more than YouTube’s ad-revenue

Chinese owned company ByteDance, owner of TikTok and (Chinese equivalent app) Douyin generated $17 billion in 2019. The report comes from Bloomberg, with an additional stat of over $3bn in annual net profit. $17bn is…

China’s video streaming platform Bilibili boast staggering numbers

Bilibili has been called China’s YouTube, with millions of content creators and users. Bilibili’s Q1 results show over 172 million monthly active users, a 70% year-on-year growth. Launching as a platform for a niche youth…

Sales statistics for March 2020 now available

You can now view your Sales and Streaming Statistics for March 2020 on your account at www.routenote.com. Log-in to see your earnings, with full breakdowns of your streams and sales across all stores and platforms in…

How to make money from your music in 2020

Is it possible to make a sustainable living in the current music industry without money, connections or a major label? The answer is yes. Here are some top tips to getting yourself heard in a…

Quibi’s founder blames lack of users on coronavirus pandemic

After a relatively small number of signups, short-form video app Quibi’s founder Jeffrey Katzenberg has said “I attribute everything that has gone wrong to coronavirus. Everything.” Former head of Walt Disney Studios and founder of…