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Category: IMI updates and news

Deezer invests in livestream start-up Dreamstage

This article was published on May 05, 2021 Article link: https://www.musicweek.com/digital/read/deezer-invests-in-livestream-start-up-dreamstage/083191

After Spotify’s (slight) price hike, Warner Music Group boss Steve Cooper expects music streaming prices will begin ‘closing the gap’ on video services

This article was published on May 05, 2021 Article link: https://www.musicbusinessworldwide.com/after-spotifys-slight-price-hike-warner-music-group-boss-steve-cooper-expects-music-streaming-prices-will-now-close-the-gap-on-video-services/

BTS label Big Hit (Hybe) generated $161m in revenues in Q1, up 29% year-on-year

This article was published on May 05, 2021 Article link: https://www.musicbusinessworldwide.com/bts-label-big-hit-hybe-generated-161m-in-revenues-in-q1-up-29-year-on-year/

Recording industry takes action against Vimeo for making available infringing music content

This article was published on May 05, 2021 Article link: https://www.ifpi.org/recording-industry-takes-action-against-vimeo-for-making-available-infringing-music-content/

Warner Music’s physical sales up 19% in first three months of 2021

This article was published on May 04, 2021 Article link: https://www.musicweek.com/labels/read/warner-music-s-physical-sales-up-19-in-first-three-months-of-2021/083179

IFPI statement on the publication of the EU Priority Third Countries Report 2021

This article was published on May 04, 2021 Article link: https://www.ifpi.org/ifpi-statement-on-the-publication-of-the-eu-priority-third-countries-report-2021/

Battle of subscribers: Netflix slows down in race with Disney+ Hotstar

This article was published on May 03, 2021 Article link: https://www.business-standard.com/article/entertainment/battle-of-subscribers-netflix-slows-down-in-race-with-disney-hotstar-121042801307_1.html

YouTube is now generating $2bn a month from ads – and grew faster than Netflix in Q1

This article was published on May 03, 2021 Article link: https://www.musicbusinessworldwide.com/youtube-is-now-generating-2bn-a-month-from-ads-and-it-grew-faster-than-netflix-in-q1/

Warner Music group buys stake in virtual concerts platform Wave

This article was published on May 03, 2021 Article link: https://www.musicbusinessworldwide.com/warner-music-group-buys-stake-in-virtual-concerts-platform-wave/

Jay-Z reportedly finalises Tidal sale to Jack Dorsey for $350m as platform boasts of paying ‘4x more per stream’ than rivals

This article was published on May 3, 2021 Article link: https://www.musicbusinessworldwide.com/jay-z-finalizes-tidal-sale-to-jack-dorsey-for-350m-as-platform-boasts-of-paying-4x-more-per-stream-than-rivals/

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