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Digital Economy

Global SVoD subscriptions to reach 1.68 billion by 2027, up from 1.20 billion in 2021

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Global SVoD subscriptions will will reach 1.68 billion by 2027, an increase of 475 million compared to 2021's 1.20 billion, according to new data from Digital TV Research, which estimates that global SVoD revenues will reach $132 billion by 2027.
Six US-based platforms will account for 47% of the world’s total in 2027, Netflix will remain in the lead with 251 million subscriptions — and will also be the revenue winner, with $30 billion expected by 2027 —, followed by Amazon Prime Video (250 mill...

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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).

Data

Sonovy joins WIN Supporters programme

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Global music technology company Sonovy has joined the WIN Supporters programme, launched by independent labels' global organisation WIN. The scheme is open to those who want to "support WIN’s work, champion the global independent music sector, and engage with its entrepreneurs in a sustainable and mutually beneficial way."
Sonovy provides professional music distribution, rights management, and royalty reporting solutions for independent artists and labels. “Sonovy’s vision is to strengthen the g...

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Creative Industries

Warner Music Group settles with Suno and signs licensing partnership

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Warner Music Group has settled its copyright infringement suit against Suno, and announced a new partnership with the music AI company that will "open new frontiers in music creation, interaction, and discovery, while both compensating and protecting artists, songwriters, and the wider creative community."
WMG said the deal "brings together Suno's best-in-class AI capabilities with WMG's artist development leadership and expertise at the intersection of music and technology." The deal appears to...

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Vobile launches an AI Song Detector to accurately identify AI-generated music

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Digital asset content protection firm Vobile has released its AI Song Detector, a real-time solution designed to accurately identify AI-generated music. The new service is aimed at Digital Service Providers (DSPs), music distributors, and collecting societies to address "the need to distinguish between human-created and AI-generated music."
"AI is unlocking incredible new avenues for human creativity, but that potential must be built on a foundation of fairness and trust," said Amadea Choplin, E...

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