Media +Technology Intelligence
Streaming of Neil Young’s songs has increased 38% since his exit from Spotify in a flap over Joe Rogan’s podcasts, according to Merck Mercuriadis, the owner of half of the rights to the Canadian-American rocker’s catalog. Young pulled his music after Spotify refused his demand to sever ties with Rogan, the host of the popular Joe Read More …
Analysts expect Disney+ to add seven million new customers to the service in the quarter, bringing its total to 125.4 million subscribers, according to a FactSet poll. That number would follow a disappointing two million subscribers added in the quarter that ended last October. Source: Disney+ Subscription Growth Has Slumped After a Pandemic Surge. Investors Watch Read More …
Hearst’s newspapers unit, with titles including The Houston Chronicle and The San Francisco Chronicle, ended 2021 with more than 300,000 digital subscriptions, a 50 percent increase over the year before, and nearly doubled digital subscriber revenue. The numbers still pale in comparison with print’s heyday, but the increase is giving some publishers an unusual feeling: Read More …
Plagiarism and fraud have been an issue since NFTs exploded in early 2021, but something shifted last fall, according to NFTTheft, a collective of artists highlighting fraudulent listings. Where before artists saw a few thefts a day — an annoying but manageable number to file takedowns for — suddenly artists were seeing dozens, hundreds, or thousands Read More …
WMG says that the quarter included an additional week, primarily reflected in its recorded music streaming revenue. Additionally, according to WMG, the quarter included the impact of a new deal with an unnamed digital partner, which it says, impacted its Recorded Music streaming revenue. Adjusted for the benefit of the additional week and the impact Read More …