Paid streaming subscriptions grew just 2.7% YoY in the US in H1 2024 – but overall market revenue topped $8.6bn
Two important data points for you.Important Data Point 1: There were 131.43 million households in the US last year, according ...
Tag: Streaming
Turntable Labs raises $8.2m to launch social music streaming platform Hangout
Turntable Labs Inc., the company behind the upcoming social music platform Hangout, has secured seed funding totaling $8.2 million to ...
Tech startup Miris raises $26m to enable streaming of AR, VR content
Spatial computing – in simplest terms, creating digital 3D models of reality – could potentially revolutionize music in the years ...
It’s time for streaming services to act on AI music
The following MBW Views op/ed comes from Ed Newton-Rex (pictured inset), CEO of the ethical generative AI non-profit, Fairly Trained. A ...
Is Warner Music Really Achieving ‘Strong Subscription Streaming Growth’? We Crunched the Numbers to Find Out
For Universal Music Group and Warner Music Group, calendar Q2 2024 was a tale of two earnings reports — and ...
Indian streaming service Wynk Music to shut down; subscribers pushed to Apple Music via new Airtel partnership
Wynk Music, one of the leading music streaming platforms in India, is shutting down.That’s according to local sources close to ...
KakaoBank buys 15% stake in music streaming startup Naivy
KakaoBank, an internet-only bank in South Korea, has made a strategic investment in Naivy, a fintech startup specializing in music ...
Travis Scott Releases ‘Days Before Rodeo’ On Streaming Services With Additional Songs — Stream
A few days ago, the ten-year anniversary of Travis Scott’s Days Before Rodeo passed and Travis celebrated with some news ...
NetEase Cloud Music profit soars as revenue from streaming subscriptions jumps 25.5% YoY
Cloud Music, China’s second-largest operator of music streaming services, has reported at 26.6% YoY jump in revenue from online music ...
From Universal’s Meta deal to a new AI-powered music streaming service… it’s MBW’s Weekly Round-Up
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines ...
