Category: Uncategorized

While time-spent streaming may have lost some momentum last year as pandemic lockdowns lifted, consumer spending on streaming video nevertheless jumped 20%, to $25.3 billion, last year, according to estimates from DEG: The Digital Entertainment Group. Source: Digital News Daily: Consumer Spend On Streaming Up 20%, All Other Home Entertainment Down Last Year

After some of the music business’ attention turned from HitPiece to NFT platform NFT Music Stream, also known as Streamer, on Monday, the site posted on Twitter early Tuesday (Feb. 8) that it would soon release a statement responding to allegations of music appearing on its site without artists’ consent. Source: Music Industry Turns Ire to Read More …

The NFT market, according to the report, generated $1.5bn in trading in the first three months of 2021 and grew 2,627% over the previous quarter. But despite the possibility of money laundering in both the blockchain-based and traditional art markets, the Treasury came down against enacting new regulations on the art market and suggested focusing Read More …

AT&T and Discovery have gained clearance for their much-anticipated deal to spin off WarnerMedia so it can merge with Discovery, a deal that has already been approved in Europe. The approval of Discovery shareholders is the last barrier to the deal moving forward. Source: AT&T, Discovery Gain U.S. Clearance for WarnerMedia Deal

Spotify stock has lost an astounding 50% of its value over the past year alone, a dip of more than $32 billion in market cap. The exact reasons are difficult to pinpoint, though both internal and external headwinds are broadly driving the plunge. Since November, SPOT has been dropping precipitously, with broader economic concerns and Read More …