SOURCE: MIDiA Research - Global music revenues and market shares, 2018
News

Global music revenues forecast to hit $18.9 Bn in 2018

Global music revenues forecast to hit $18.9 Bn in 2018 according to media and technology analysts, MIDiA Research. Full year results from the major labels and IFPI won’t be available until March/April next year but Warner Music Group has published its full year results to 30th September 2018 here. MIDiA has produced forecasts for 2018 based on the first three quarters of the year and early indicators for Q4 using data from record labels, national […]

Pushing money ball
News

Spotify settles $1.6 Bn copyright claim

Spotify settles $1.6 Bn copyright claim brought by Wixen Music Publishing who represent over 2000 songwriters and publishers including Neil Young, Tom Petty and the Black Keys. Wixen Music Publishing had been seeking $1.6 Bn in damages for copyright infringement of more than 10,000 songs but settled out of court for an undisclosed sum which is likely to be significantly less than this as Spotify has not been required to disclose the amount to the […]

HMV Flagship Store, Causeway Bay, Hong Kong
News

HMV closes its Hong Kong stores

HMV closes its Hong Kong stores giving the growth of streaming and the decline in physical sales as the main reason for the decision to wind up the business. HMV Digital China Group Ltd, the ultimate owners of the stores, applied to the Hong Kong Stock exchange to wind up HMV Marketing Ltd (HMV Retail) on the 18th December 2018. In its winding up petition the company declared that the revenue generated from HMV Retail […]

Spotify Wrapped 2018
News

Your year in music with Spotify Wrapped 2018

Relive your year in music with Spotify Wrapped 2018, a collection of the music and podcasts that formed your personal soundtrack in 2018. Wrapped is a customised, interactive experience based on the music you’ve listened to this year. You can guess, then check, how many total minutes you streamed, explore the number of new artists you discovered, your most-played songs and artists, and your top genres and then share your results to your Instagram, Twitter […]

Flag of Japan
News

Japanese charts to include streams and downloads

Japanese charts to include streams and downloads from 19th December 2018. Chart rankings from Oricon, Japan’s official chart organisation, will add the number of CD sales, digital downloads and streams to produce three new weekly charts: a combined single chart a combined album chart a streaming chart The combined singles chart will be calculated using a points system where a CD single will count for 1 point, 2.5 song downloads will equal 1 point and […]

My Mix splash screen
News

TIDAL launches My Mix playlist

TIDAL launches My Mix playlist which is ‘a personalized curation of songs that offers an easy way to enjoy more of the music you love.’ My Mix is personalized to your specific listening habits to create the perfect mix based on your most recent listening patterns and what’s saved to your collection. This enhancement has been rolled out with a change in its Track and Artist Radio feature and an extension to its Black Friday […]

Pioneer MQA Update
Hardware

Pioneer extends MQA support to its networked streamers

Pioneer extends MQA support to its networked streamers continuing the firmware updates it started in October 2018. The updates activate MQA audio playback capability and support for TIDAL Masters audio streaming on its network-enabled stereo hi-fi components. A paid TIDAL HiFi subscription is required to stream TIDAL Masters on MQA enabled Pioneer network HiFi audio equipment. MQA delivers HiRes sound in a file that’s small enough to stream and download. TIDAL Masters is TIDAL’s bandwidth-friendly […]