September 3, 2015UMG's Digital Income Growth
It was reported this week Universal Music Group recently hit a digital "tipping point", in which their digital income for the first 6 months of the year exceeded 50% of the company's revenue. A boom in streaming income played a large part in UMG's recent 15.2% growth in recorded music revenue, and "digital music revenues were up 7.3% year-on-year at constant currency and perimeter." Physical sales over the past 6 months declined 7.4%. Read more on UMG's digital growth and recorded music revenue here.
September 2, 2015Shazam User #s
A report released this week has revealed that although their earnings have fallen over the last year, music discovery app Shazam now has more users than Spotify, Apple Music and Deezer combined. Shazam now boasts an impressive 120 million users (about a 40% increase ...
September 1, 2015Apple Exploring Original Programming?
It was reported this week that Apple may be in early conversations with Hollywood executives to explore production of original entertainment content. Sources close to Apple say that the discussions may range anywhere from exploratory to the creation of in-house ...
August 31, 2015The VMA's Social Media Success
The Video Music Awards went down on Sunday, and MTV had some impressive success with the social media surrounding the highly publicized event. According to Deadline, the event was the most tweeted nonsports program since Nielsen began tracking Twitter activity in ...
August 28, 2015Facebook Adds Virtual Assistant
This week Facebook began testing their very own virtual assistant, called M. M, which is designed to be on the same level as Apple's Siri, and will be uniquely powered by a combination of artificial intelligence and actual people. M will run through Facebook's ...
August 27, 2015Netflix Adds Teen/Tween Content
Netflix just ramped up their courtship of teen/tween viewers. The popular streaming video service just announced the addition of a handful of exclusive TV shows and movies that target the often neglected demographic, including Smosh: The Movie, and Degrassi: Next ...
August 26, 2015Rdio Launches New Native Ad Package
This week streaming music service Rdio introduced a new advertising product called 'Promoted Music Experience', or PME. This new package is designed to take advantage of 3 major Rdio features: Branded Stations, Branded Profiles, and Branded Home Stories. According to ...
August 25, 2015Cablevision To Offer CBS Streaming Video
Cablevision just updated their carrier deal with CBS to include its standalone video streaming services for Showtime and CBS All Access. According to the LA Times, "Cablevision is the first cable or satellite provider to market CBS' streaming services aimed at the ...
August 18, 2015Periscope's Popularity Continues To Grow
As live streaming continues to gain momentum in the mobile world, Twitter announced last week that its own live streaming app, Periscope, has an impressive 10 million registered accounts. Twitter also revealed that Periscope users are watching the equivalent of over ...
August 17, 2015Apple's Live TV Service Delayed
According to reports last week, the release of Apple's live TV service will be delayed until sometime in 2016. The pushback stems from delays with licensing negotiations with TV networks like CBS and 21st Century Fox, and problems with Apple's computer network capacity ...