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Digital Economy

Spotify had 456m users in the world at the end of Q3 2022, with 195m paid subscribers

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Spotify posted a net loss of €166 million on revenues of €3.036bn in the third quarter of 2022, up 21% year-on-year, against a profit of €2m and revenues of €2.501bn for the same period a year ago. Cost of revenues — the share of revenues used to pay for content — reached €2.28bn during the quarter, up from €1.83bn a year before. The Luxembourg-based music streaming service reported a strong revenues from subscriptions at €2.61bn, up 22% year-on-year, while advertising revenues were up 19% y-o-y...

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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).

Creative Industries

Calendar — Week 2, 2026

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JANUARY 2026 – Jan. 14-17 Eurosonic conference & festival in Groningen, The Netherlands. – Jan. 22-23 Music Ally Connect 2026 at The Brewery in London. FEBRUARY 2026 – Feb. 1 The 68th GRAMMY Awards, organised by the Recording Academy, at the Staples Center in Los Angeles. – Feb. 4-7 MIDEM 2026 at the Palais des Festivals in Cannes, France. – Feb. 12 ASCAP Experience 2026, at the Skirball Cultural Center in Los Angeles. The event is organised by US rights society ASCAP for music creators...

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Digital Economy

Digital deals — Week 2, 2026

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These are some of the digital deals announced in the past weeks:

Universal Music Group and tech company NVIDIA are collaborating “to pioneer responsible AI for music discovery, creation, and engagement.” The new partnership will leverage NVIDIA’s AI infrastructure and UMG’s music catalogue “to enrich and enhance the music experience” of music consumers worldwide. NVIDIA and UMG will engage in collaborative research and development “to promote shared objectives of advancing human music creatio...

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Creative Industries

Key figures — Week 2, 2026

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$4 trillion That’s the market capitalisation of Google parent company Alphabet on January 12, becoming the fourth company to hit ​the $4 trillion milestone after Nvidia, Microsoft and Apple. At the start of the year Alphabet has surpassed Apple in market capitalisation for the first time since 2019, becoming the second most valuable company in the world, noted Reuters. $350 billion That's the estimated market value of AI start-up Anthropic, parent company of the Claude chatbot, after it will clo...

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