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Digital Economy

Comcast-owned streaming service Peacock ended 2022 with 20 million paid subs

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Video streaming service Peacock has passed the 20 million subscribers mark at the end of 2022, according to financial information released by parent company Comcast.

The service added 5 million subscribers in the last quarter of 2022, delivering the best quarterly result since its launch in 2020. The company said the good performance was fueled by live sports, recent films and originals.

Elsewhere in the group, entertainment division NBCUniversal posted adjusted EBITDA up 4.9% year-on-yea...

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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

Merlin renews licensing agreement with Meta; partnership includes access to a new suite of tools to drive fandom and discovery

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Independent labels' digital music licensing company Merlin has renewed its global licensing agreement with Meta Platforms, in a strategic partnership that includes access to a new suite of tools and features that will enable Meta users to discover artists and boost the visibility of new releases.

In a statement the two companies said the new agreement underscores Meta’s "recognition of the value and importance of the world’s leading independent labels and distributors," and "reinforces the ...

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Digital Economy

DiMA outlines key reform proposals as part of the MLC’s redesignation process

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DiMA President and CEO Graham Davies has laid out the key reforms that the organisation representing the main DSPs is seeking in the redesignation process for the Mechanical Licensing Collective (The MLC), which administers the blanket license for mechanical rights in the US.

The US Copyright Office has started the review procedures for The MLC, which was created as part of the Music Modernisation Act (MMA) of 2019. While expressing the organisation’s "strong and ongoing support" for the Mus...

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Creative Industries

Music deals — Week 23, 2024

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Here's a list of the main deals announced in the past week.

Pictured (l. to r.): UMPG’s Grace Gao and Cheerful Music’s Snow.J.

Universal Music Publishing China has signed Chinese music company Cheerful Music to an exclusive worldwide publishing deal, excluding mainland China. The agreement will see UMPG represent Cheerful Music’s catalogue outside of mainland China and contribute to the company’s international development. Cheerful Music was founded by songwriter and artist Snow.J (SnowJia...

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