MIDiA Blog - Page 99

Read our latest daily deep dives, hot takes, and exciting updates about the entertainment world. Check out the latest insight from your favourite analyst, or search by coverage areas - music, entertainment and fandom, creator economy and social.

What’s In A Number: Can Streaming Really Be Worth $28 Billion?

Mark Mulligan

30 Aug 2017

lehman brothers

Goldman Sachs just made some headlines with its assessment that Universal Music is worth $23.5 billion and that the paid streaming market will be worth $28 billion in 2030 (up from $3.5 billion in 2016 and close to double the size of the entire recorded music business in 2016).

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GamesCom Takeaways – Gaming Has Become A Fully Fledged Cultural Movement

Karol Severin

25 Aug 2017

As we descended upon Cologne to attend GamesCom 2017, various expectation scenarios were playing out in my head. It’s safe to say that the reality beat most of them. Having spent three days at this monster rendezvous, it was a real eye-opener to the sheer force that the global gaming industry has become and where it is heading.

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Netflix Acquires Millarworld – The Looming Content Wars

Cover image for Netflix Acquires Millarworld – The Looming Content Wars

Tim Mulligan

25 Aug 2017

During the summer recess streaming video reached yet another significant milestone. For the first time, a Streaming Video On Demand (SVOD) service has bought a company for its original content creation capability.

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If Amazon Swallows Retail, Could Facebook Do the Same with Media?

Zach Fuller

25 Aug 2017

amazon advertising

amazon media group

Former President and CEO of Netscape James L. Barksdale once said he knew of two ways to make money, ‘Bundling and Unbundling’. Whilst much of the focus has been on the unbundling factor of media, with consumers increasingly opting for more affordable SVOD services over cumbersome and expensive Pay-TV offerings, we could soon see another re-bundling factor occur.

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Rovio’s ‘Games-First’ Strategy Is Not Just About Games

Karol Severin

17 Aug 2017

cross-entertainment strategy

cross-platform entertainment

Rovio reported its Q2 results this week. Total revenue was €86.2 million, a year-on-year (YoY) increase of 94%. While the majority of Rovio’s revenue was driven by games (€61.3 million, 65% YoY increase), its brand licensing revenue grew the fastest with a 242.

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Elvis Presley and the Two Recorded Music Industries

Zach Fuller

16 Aug 2017

music subscribers

Today marks 40 years since the passing of Elvis Presley. Whilst ‘The King’s’ emergence has come to represent a cultural year zero for the music industry, his icon status in recent years has taken a hit.

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Why The Creator Of Scandal Has Found A Home In Netflix

Tim Mulligan

15 Aug 2017

How to get Away with Murder

Shonda Rhimes is now a ‘Netflixer’, in the words of Netflix’s chief content officer Ted Sarandos. Rhimes is renowned for being the creator of hit shows such as Grey’s Anatomy and Scandal , which have generated more than $2 billion in licensing for ABC – one of the big three TV broadcast networks in the US.

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Quick Take: Snap Inc’s Q2 Earnings

Zach Fuller

11 Aug 2017

After much anticipation, Snap Inc has released its Q2 earnings outlining the company’s progress in the past three months. Of course, much of the attention has focused on missing growth and revenue targets, as Snap continues to feel the pressure of competition with Facebook and other messaging services.

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Super Evil Megacorp Pushes Mobile Gaming Boundaries

Karol Severin

10 Aug 2017

e.v.i.l. engine

The company most known for its multiplayer online battle arena (MOBA) title Vainglory, has announced that it successfully raised $19 million to further expand its studio space. Besides its name, Super Evil Megacorp is worth watching because of its persistent vision of mobile gamers deserving more than sub-par gameplay experiences, due to the limitations of their mobile device.

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Iflix And The Emerging Market Opportunity For Video

Tim Mulligan

9 Aug 2017

Subscription video service Iflix yesterday announced that it had secured $133 million in a new round of funding. It brings the total investment in the company to date to $298 million. Iflix was launched in Malaysia in 2015 and originally focused only on the South East Asian markets.

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Apple, Eros And The Billion Dollar Content Play

Tim Mulligan

8 Aug 2017

emerging markets

On August 7th the Economic Times ran a story on Apple’s perceived interest in acquiring the film and music catalogue of the Eros Group, which is the largest movie producer in India. Although not particularly well-known outside of India, the Eros Group is a content heavyweight in the Indian market, producing over 60 films a year.

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Neymar to PSG: The Collision of Peak Pay-TV and New Media Economics

Zach Fuller

4 Aug 2017

Reactions to Neymar Jr’s $260M move to Paris Saint-Germain (PSG) are divisive. Many will bemoan it as a marker of how far football has gone from the days when the chasm between player and fan was less immense, back when my grandfather would drink with David O’Leary and co in North London after Arsenal matches.

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Quick Take: Zynga Swings To Profit in Q2

Karol Severin

3 Aug 2017

forever franchise

Zynga is turning things around. Its Q2 2017 revenue and booking performance were the best in four years. The company’s revenue was $209.2 million, up from $181.7million in Q2 2016. What’s more, Zynga had a $5.

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Spotify at 60 Million Paid Subscribers: What’s Next?

Zach Fuller

2 Aug 2017

Spotify announced on August 1 thatit hadreached 60 million paid subscribers, just five months after the company hit 50 million. This ispositive news for the music streaming economy, but with a prospective IPO, Spotify will need to continue this growth trajectory expected of tech stocks by Wall Street, and continue to seek new revenue streams.

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The Three Eras Of Paid Streaming

Cover image for The Three Eras Of Paid Streaming

Mark Mulligan

28 Jul 2017

3 ages of streaming

3 eras of streaming

3 phases of streaming

Streaming has driven such a revenue renaissance within the major record labels that the financial markets are now falling over themselves to work out where they can invest in the market, and indeed whether they should.

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Nintendo’s Results Beat Expectations

Karol Severin

27 Jul 2017

Nintendo is going from strength to strength. According to its quarterlyearnings results released yesterday, the company earned ¥154.1 billion, surpassing analysts’ median forecast of ¥136.5 billion.

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The Relentless Rise of YouTube

Tim Mulligan

27 Jul 2017

emerging markets

Monday unfurled the latest chapter in the YouTube Journey. At the Q2 earnings announcement for Alphabet, Google CEO Sundar Pichai revealed that Alphabet’s growth in revenues in Q2 2016 was largely due to the increased performance of its YouTube division.

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Bertelsmann and Penguin Random House: A Strategy Based on Extremes

Zach Fuller

24 Jul 2017

Having created a next-gen music publisher in BMG, German media giant Bertlesmann are applying a similar strategy to their publishing division. Consistent with BMG’s tactic of investing heavily in legacy music publishing assets as well as niche Indie labels, Bertlesmann are doubling down on their most valuable publishing asset by moving to acquire an increased stake in Penguin Random House.

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How Social Influences Impact Tech Innovation

Zach Fuller

21 Jul 2017

artificial intelligence

We know we cannot predict the future, yet the fortunes of investors and entrepreneurs continue to be made and lost in trying. Whether you are Nostradamus or a staff writer on Black Mirror , the future remains an amorphous misfit, forever teasing our understanding of how to prepare for its revelations.

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YouTube And Latin America Are Taking Over The World

Cover image for YouTube And Latin America Are Taking Over The World

Mark Mulligan

20 Jul 2017

1 billion streams

2 billion streams

Unless you have been on Mars for the last couple of days you will have seen the news that Luis Fonsi’s ‘Despacito’ has become the most streamed track in history with 4.6 billion streams. The figure includes a couple of versions of the track (ie the one include a certain Justin Bieber) but is an impressive tally nonetheless.

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