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Digital Economy

Beatstar has generated $73m in revenue with $16m paid to labels and publishers

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The Beatstar app, launched by Space Ape Games, has been downloaded 38 million times in its first year.

London-based Space Ape released the game August 31, 2021. During that period, the mobile rhythm game has generated $73 million in revenue with 2.5 billion song plays, with $16 million of the revenue allocated to music labels and publishers. Over 300 songs and artists are featured in the game.

Artists who have collaborated artists such as Eminem, Camilla Cabello & Ed Sheeran, The Ch...

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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).

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Creative Industries

Quotes of the week — Week 46, 2022

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"I’ve had a bad month.”By Sam Bankman-Fried, the founder and CEO of bankrupt crypto platform FTX, speaking at the New York Times' DealBook Summit, in his first public appearance since the collapse of his company amid allegations of fund mismanagement.

“The fact that companies have to deliver their apps exclusively from platforms controlled by competitors — there is a conflict of interest there.”By Mark Zuckerberg, founder of Meta, the parent company of Facebook and Instagram, expla...

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Creative Industries

Main stories — Week 46, 2022

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Here’s a list of the main stories published this week by Creative Industries News:

LEAD STORY> The UK’s CMA completes its market study into music and streaming services without calling for a full market investigation> British industry reacts to CMA’s report on the economy of music streaming

COPYRIGHT & REGULATION> musicFIRST calls for US radio stations to provide ‘equal time’ for creators to promote the American Music Fairness Act> Singapore regulators seek comments on...

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Copyright & Regulation

The UK’s CMA completes its market study into music and streaming services without calling for a full market investigation

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The UK's Competition & Markets Authority (CMA) has concluded its market study into music and streaming services by deciding not to undertake a full market investigation, considering that the outcomes from streaming "are good for consumers."

"We have found that it is unlikely that the outcomes that concern many stakeholders are primarily driven by competition," reads the final report from the CMA. "Consequently, it is unlikely that a competition intervention would improve outcomes overall...

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