Deezer Strengthens Support for French Festivals; Sonos Updates App With Universal Streaming Search
Deezer Strengthens Support for French Festivals; Sonos Updates App With Universal Streaming Search1923 | Your Daily Dose of Music Streaming NewsOn Thursday, May 9th, from 1-2pm ET, hear OpenPlay's co-founder Edward Ginis talk about the new model of distribution, and why delivery is a technical commodity and shouldn’t break the bank. Register for the webinar by clicking here to learn how you can save your dollars for marketing! ReverbNation and Warner Chappell Music partnership aims to empower emerging artistsReverbNation, the artist opportunities platform of BandLab Technologies, has teamed up with Warner Chappel Music, the global music publishing arm of Warner Music Group. The new ReverbNation Publishing venture lets rising artists, producers and songwriters apply for major label-grade music publishing services. Spotify CEO Daniel Ek outlines 3 new 'core' opportunities for musicAnalyst Rich Greenfield of Lightshed Ventures asked EK about the possible US TikTok ban and how Spotify might take advantage of the opportunity. EK declined to comment on TikTok’s troubles while still offering an expansive response. Sonos Updates App With Universal Streaming SearchSonos has unveiled its newest app for its music streaming system, which is designed so you can access your music faster than before. It will be available worldwide in early May. Deezer Strengthens Support for French FestivalsDeezer has pledged its “renewed and strengthened support” to French music festivals this summer under its “Live the Music” banner. The Paris-headquartered company will continue to work with events such as We Love Green, Garorock, Eurockéennes, Vieilles Charrues, Rock en Seine, Rose Festival, Delta Festival and Golden Coast to curate “unique and immersive” festival experiences. Sony Music Germany launches ‘noted. records’ for electronic music, with A&R and strategy led by Jean-Sebastien PermalThe market value of the global dance music scene grew by double digits in 2023. Bandcamp improves its Music DiscoveryUsers of Discover can now refine their search by combining multiple genre tags. The Shared Impact of Touring and StreamingOur analysis reveals a median event’s yield of +42% growth in local U.S. DMA On-Demand Audio Streaming during event weeks. However, genre does appear to matter when it comes to the consumption bump from a live music event. Streaming Audio Amplifies Success for Retail Media Network AdvertisersIt’s no secret that retail media is one of the largest and fastest-growing ad verticals in the U.S. According to the most recent eMarketer forecast, U.S. retail media ad spending will grow at a minimum of 21% every year through 2027. This will make retail media the fastest-growing ad spending channel in all media, and off-site media’s share of ad spending is a big part of this growth Radio Takes A Digital Audio Lead Over Pureplays In Edison DataWhile smart speaker ownership has plateaued since the pandemic, the platform still has an important role to play in radio listenership. This comes as Edison Research’s Share of Ear reveals that AM/FM streaming has surged by 25%, surpassing pureplays. Spotify’s 100 ‘greatest’ modern R&B tracks have been streamed 43.2bn timesSpotify’s recently-launched ‘Classics’ initiative has compiled a list of “the 100 greatest R&B songs of the streaming era”. — Send story ideas & feedback to: jeff@platformandstream.com ️— Interested in sponsoring the newsletter? You'll find all the details here. You're currently a free subscriber to Platform & Stream. For the full experience, upgrade your subscription. |
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Global Electronic Music Business Worth $11.8B in 2023; How Phish Turned Las Vegas’ Sphere Into the Ultimate Music …
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Audiomack Signs Merlin Partnership; Clive Davis Hosts, Curates Own Channel; TikTok Goes Big on Taylor Swift’s New …
Friday, April 19, 2024
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