Steven Finch
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Spotify launched in India 5 years ago - and in that time the Indian Music Industry has really matured! RouteNote has a very strong presence in India and we hope to grow that even further in the coming years - it's a market that has immense potential. "With a focus on local artists, Spotify have helped to spotlight Indian artists both in India and abroad. Five years ago, international music made of 70% of the music streamed in India. Now, more than 70% of streams in the country are of Indian artists.Further abroad, consumption of Indian music is up 2,000% worldwide. Songs from Indian artists being featured in Spotify’s global editorial playlists are up 160%."via - https://lnkd.in/e9YDtQnk
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Mark Ryan
Co-Founder at Fanbace
3h
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Huge market both in country and the 500m Indian diaspora around the world, all looking to connect with home.
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Steven Finch
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Concord Floats $1.4 Billion All-Cash Offer to Acquire Hipgnosis https://www.digitalmusicnews.comWell ... well ... well. Hipgnosis Songs Fund has accepted a takeover from Concord Music. Hipgnosis has been in trouble for some time and Concord has had a huge number of backers for a long time (including key pension funds). It will be very interesting to see if this deal goes through. #music #musicindustry #musicbusiness #royalties #musicroyalties #hipgnosis #concordmusic
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Steven Finch
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Amazon Music Gets AI Playlist Generation with Maestro https://www.digitalmusicnews.comAmazon Music is joining the AI Playlist party. It will be interesting to see how Maestro performs. I have been using the Spotify AI Playlist feature with mixed results, but more on that later! #music #amazon #amazonmusic #ai #playlists
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Steven Finch
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RouteNote distributes the soundtrack to Bosco - RouteNote Blog https://routenote.com/blogIt's not just traditional artists or labels that are distributing their music with RouteNote. RouteNote is distributing the soundtrack to Bosco - Peaco*ck original. #music #soundtrack #peaco*ck #bosco
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Steven Finch
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Spotify plans to let subscribers speed up songs – and pay rightsholders when those modified tracks are streamed (report) https://www.musicbusinessworldwide.comPexpublished a studythat analyzed 100 million audio tracks onTikTokand estimated that comfortably more than a third (38.03%)of all songs found onthe platformwere speed or pitch-modified in 2023.This has obviously led Spotify to start thinking about releasing an advanced song modification tool. #music #spotify #tiktok #musicstreaming #musicindustry #musicbusiness
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Steven Finch
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Spotify and Substack Partner To Bring Even More Podcasts to Listeners — Spotify https://newsroom.spotify.comSpotify has partnered with Substack for Podcast Distribution. This is a great deal for Substack creators as this provides even more distribution at no cost - plus the podcasting tools on Substack make it easy for any creator to turn their written content into a podcast. Spotify is just getting bigger and bigger. #audio #spotify #podcasts #substack #tech #distribution
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Steven Finch
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RouteNote has started helping artists sell their merchandise to fans globally. https://lnkd.in/gcDFFUqV Our aim is to simplify the process for musicians so they don't have to worry about all the finer details of running their own merch store. Its currently in private beta with a handful of artists, but its going to be constantly expanding. #music #merch #routenote #musicindustry #musicbusiness #products
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Steven Finch
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Spotify launches personalized AI playlists that you can build using prompts | TechCrunch https://techcrunch.comSpotify is back with more AI - this time it’s the ability to write a prompt to create your perfect playlist. Spotify always seems to be innovating when others just lag behind! #music #spotify #musicindustry #musicbusiness #ai #tech
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Steven Finch
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Confirmed: Warner Music Group won’t be making a bid for Believe https://www.musicbusinessworldwide.comSurprise move again! Warner Music Group won't be making a bid for Believe, which leaves the consortium to complete their bulk purchases. “Warner Music Group Corp. (“WMG”) announced today that, after careful consideration, it has decided not to submit a binding offer for Believe. WMG thanks the Ad Hoc Committee and Believe’s leadership team for their time and cooperation, and wishes the company every success in future.”Believe will become a private company yet again! #music #wmg #warnermusic #believe #musicindustry #musicbusiness #tech #acquisition
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Steven Finch
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BMG refers to themselves as the 4th Major Label, but here are some of the basic numbers. Hybe Revenues = $1.66 billion USDBMG Revenues = EUR 905 millionBelieve Revenues = EUR 880 millionDowntown Music Revenues = $900 million USD#music #musicindustry #musicbusiness #hybe #bmg #believe #downtown
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