SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Creative Industries

Italy’s recorded music market grew by 14.2% in H1 2023 thanks to paid streaming

Published

1 month ago

on

The Italian recorded music market continued its growth trend during the first half of 2023, with revenue up 14.2%,to €175 million, according to figures compiled by Deloitte for record labels' trade organisation FIMI.

Streaming accounted for €139m, up 16% year-over-year, with the subscription segment alone posting a growth of 18.2%. Revenues from ad-supported audio streaming was also up by 22.9%. Meanwhile, there was a slight decrease in revenues from video streaming (-0.5%).

(Source: FIM...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Related Topics:

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).

Continue Reading

Creative Industries

William Hsieh named Managing Director of Universal Music Taiwan and SVP of Universal Music Greater China

Published

11 hours ago

on

September 28, 2023

By

Universal Music Group (UMG) has appointed William Hsieh as Managing Director of Universal Music Taiwan, and Senior Vice President of Universal Music Greater China (UMGC).

Based in Taipei, Hsieh will report directly to Timothy Xu, Chairman and CEO of UMGC. Xu commented, ” We are enthused to welcome William Hsieh to the management team of Universal Music Greater China. I have confidence that, given William’s multifaceted industry experience and his profound grasp of the content business, he is...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Copyright & Regulation

European creators’ organisations call for a human-centric approach to generative AI

Published

22 hours ago

on

September 28, 2023

By

A coalition of 13 organisations representing creatives in Europe have called for a human centric approach to generative AI, built upon principles of "informed consent, transparency, fair remuneration and contractual practices."

While AI represents "an extraordinary technological advancement with immense potential to enhance various aspects of our lives, including in our sectors," the signatories added that it was crucial "to recognise that alongside these benefits, there exists a darker aspe...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

BMG acquires recording rights from Jet

Published

23 hours ago

on

September 28, 2023

By

BMG has acquired the recordings catalogue of Australian rock band Jet, in a deal that includes Australian and New Zealand rights to the band’s first two albums, 'Get Born' and 'Shine On', and the global royalty stream for these albums in perpetuity, as well as global rights to their third album 'Shaka Rock'.

This agreement comes in addition to the band’s existing global publishing deal with BMG signed in 2017, which includes rights to songs such as ‘Are You Gonna Be My Girl’, ‘Look What You’...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending