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Digital Economy

Subscriptions to SVoD services will reach 1.64 billion by 2026 with the US and China accounting for 50% of the total

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The world will experience a significant boom in SVoD subscriptions in the next few years, according to the latest figures published by Digital TV Research.

The total number of subscriptions to SVoD services will grow from 491 million in 2021 to 1.64 billion in 2026, with China and the US together accounting for 49% of the global total by 2026, down from 56% in 2021.  

Simon Murray, Principal Analyst at Digital TV Research, said: “China and the US had a similar number of subscription...

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Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Digital Economy

Monaco Foundry taps Kelli Richards as Senior Partner

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Music tech executive Kelli Richards has joined start-up accelerator Monaco Foundry as Senior Partner.

“Kelli is a kind, forward-thinking visionary with a contagious and ambitious drive. She is a proven innovator and will add a lot of value to our existing team of brilliant partners. I would like to personally welcome Kelli onboard," said Arnon Woolfson, Senior Partner at Monaco Foundry and creative entrepreneur.

"I’m thrilled to join Monaco Foundry as a Senior Partner," said Richard...

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Creative Industries

NMPA accuses digital music services of proposing the ‘lowest rates in history’ through the CRB proceeding

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The National Music Publishers' Association (NMPA) has started the latest Copyright Royalty Board (CRB) proceeding — known as CRB IV — to set up mechanical rates for the 2023-2027 period by accusing digital platforms of proposing the “lowest royalty rates in history.”

The CRB IV proceeding is set to determine the royalty rates paid to music publishers by digital streaming services and record labels for the rights to reproduce and distribute musical works. The current proceedings will determin...

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Creative Industries

MaMA 2021 panel looks into the economics of streaming and ponders the need for government intervention

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With the development of streaming as the dominant way to consume music, and the growth in revenue from streaming, many stakeholders are starting to question the framework under which the streaming industry operates.

Several recent initiatives, in particular the report by the British Parliament's DCMS Committee about the economics of streaming, have shone the spotlight on this sector, which is now the growth engine of the music industry. Several voices, in France, across the Channel and in t...

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