MIDiA Blog - Page 55

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.

BE THE CHANGE: WOMEN MAKING MUSIC 2021

Cover image for BE THE CHANGE: WOMEN MAKING MUSIC 2021

Dara Jegede

25 Mar 2021

Content Creators

Independent artists

BE THE CHANGE: WOMEN MAKING MUSIC 2021 TuneCore and Believe Partner with MIDiA for First of its Kind Global Study LONDON, BROOKLYN AND PARIS —Thursday, March 25 2021: MIDIA Research and TuneCore/Believe today release a new study on women creators, revealing the challenges, experiences, inspirations and their ambitions in today’s music industry.

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Addison Rae will not be owned: The pitfalls of the major label business model

Cover image for Addison Rae will not be owned: The pitfalls of the major label business model

Kriss Thakrar

25 Mar 2021

Independent artists

TikTok stars are rejecting major labels. It is no secret that major labels are being outpaced by independent artists in the overall market. Addison Rae has a combined following of over 100 million between TikTok and Instagram alone, and she has leveraged her position to independently put together an all-star team for her first release.

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F1 Drive to Survive: The rise of a Motorsport Multiverse

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Srishti Das

24 Mar 2021

Drive to Survive

Netflix’s Drive to Survive was one of the first media projects taken up by Liberty Media after it bought the keys to Formula One (F1) in 2017. The first season aired in March 2019, bringing with it a much-needed digital reboot to a historically linear TV sports offering.

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IFPI confirms global recorded music revenue growth

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Mark Mulligan

23 Mar 2021

Business Strategy

Last week MIDiA reported that recorded music revenues grew by 7% in 2020. Today the IFPI confirmed that figure, reporting 7.4% growth. (Similarly, the IFPI reported 19.9% growth for streaming, MIDiA had 19.

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The billion-dollar content play: Why Amazon is intentionally overpaying for its NFL rights

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Tim Mulligan

22 Mar 2021

Last Thursday , the sports ecosystem breathed a collective sigh of relief. The NFL, the world’s most valuable sports league, secured an 11-year broadcast deal worth a staggering $100 billion. This huge sum was secured despite the increasing disengagement of younger demographics with live TV sports viewing; less than 10% of US TV sports audiences are now 16-19 years old (source MIDiA Research Q4 2020 consumer survey).

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Women creators: This is also our business

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Srishti Das

22 Mar 2021

MIDiA, in conjunction with TuneCore and Believe, is about to publish the findings of a global survey on the experiences of 401 female creators in the music industry: artists, songwriters, producers, DJs and creator managers, asking them to tell their own stories as the foundation for greater industry change.

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Roblox, piracy and the future of music in UGC 2.0

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Kriss Thakrar

19 Mar 2021

user-generated content

A community of Roblox users are losing a battle against moderation as the platform cracks down on music piracy, due to the platform’s newly public status bringing with it a new level of responsibility.

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What does the NFT hype mean for artists?

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Hanna Kahlert

18 Mar 2021

Media and Marketing

non fungible token

Soon after the #GameStonks event of January 2021 , Elon Musk reined in the increasingly investment-savvy digital sphere back around to cryptocurrency, using his Tesla company to purchase $1.5 billion worth of Bitcoin, and announcing that it planned to accept Bitcoin as payment.

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Why Roblox is well set to withstand the COVID bounce effect

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Karol Severin

15 Mar 2021

lean-in consumption

Roblox has launched an initial public offering (IPO) this week. Timing-wise, the twice-delayed IPO aligns with the world getting closer to opening up, and out-of-home competitive pressures returning. This invites questions around how much of the current valuation is aided by a temporary, artificial COVID-related boost, as opposed to fundamental trends which will drive growth for Roblox during the ‘new normal’.

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Recorded music revenues hit $23.1 billion in 2020, with artists direct the winners – again

Cover image for Recorded music revenues hit $23.1 billion in 2020, with artists direct the winners – again

Mark Mulligan

15 Mar 2021

Recorded music revenue 2020

musc revenues 2020

label market shares 2020

The global pandemic caused widespread disruption to the music business, in particular decimating the live business and impacting publisher public performance royalties. Although the recorded music business experienced a dip in the earlier months of the pandemic, the remainder of the year saw industry revenue rebound, making it the sixth successive year of growth.

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Streaming censorship: The threat to India’s growing importance in the global marketplace

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Srishti Das

12 Mar 2021

Video streaming services like Netflix, Amazon Prime Video and Disney+ Hotstar have been fortunate to experience minimum restrictions on content from Indian regulators as they established themselves. However, this is all now changing.

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Native Instruments and iZotope: creator tools major in the making

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Mark Mulligan

11 Mar 2021

Business Strategy

At the start of the year private equity firm Francisco Partners acquired a majority stake in creator tools stalwart Native Instruments. It always looked like it was going to be the start of something big and today we saw the next step on Native’s new journey, with leading audio plugin company iZotope added to the Francisco roster .

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Disney+ at 100 million: The second shockwave of the D2C big bang moment has begun

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Tim Mulligan

10 Mar 2021

At its annual shareholder meeting yesterday, Disney announced that Disney+ had reached the 100 million subscriber mark in the 16 months since it first launched. For comparison, global subscription video on demand (SVOD) leader Netflix has taken 14 years to reach 203 million subscribers.

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Is gaming the solution to sports’ Gen Z problem?

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Alistair Taylor

8 Mar 2021

It has been well-documented that Gen Z’s and Generation Alpha’s interest in watching live sports has waned . It is important to dispel the notion that the younger cohorts are less likely to engage with sports, but rather to appreciate that they just consume them differently .

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Women making music: The COVID impact

Cover image for Women making music: The COVID impact

Hanna Kahlert

8 Mar 2021

international womens day

The last 12 months have been marked mostly by the coronavirus pandemic, which has pushed much of life to the digital world. 70% of independent artists overall spent much of the time over lockdowns creating more music, many taking more autonomy over their own marketing and production.

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The music business in 2021: Joining the dots

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Mark Mulligan

4 Mar 2021

Cultural trends

It has been one of those weeks, with impactful music business announcements coming thick and fast. As is often the case, a succession of apparently unrelated events actually have a connecting thread. In this instance there are three: 1.

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Fans come first in the attention recession

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Hanna Kahlert

2 Mar 2021

Media and Marketing

As vaccine rollouts gain momentum, the clock is ticking on the attention boom enabled by lockdowns over the last 12 months. The 12% of additional time spent on entertainment is going to contract sharply as consumers are freed to spend time outside of their homes on pre-pandemic activities and compelled to take back up the commute.

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Smaller independents and artists direct grew fastest in 2020

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Mark Mulligan

1 Mar 2021

Streaming Music

Independent labels

Last year we identified a small but crucial metric from Spotify’s annual report: the share of all streams accounted for by majors and independent licensing body Merlin. It was crucial because it enabled us to segment the streaming market in detail, when combined with market data from majors and independent artist platforms .

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Reach over revenue: India’s lesson for developed sports markets

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Srishti Das

26 Feb 2021

India is growing as a sporting nation, with athletes performing across different international sports outside of cricket like kabaddi, motorsports, basketball, chess and so on. The majority of media consumption in India’s sports industry, however, comes from the Indian Premier League (IPL).

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Paramount + gets ready to compete outside the traditional video streaming lane

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Tim Mulligan

25 Feb 2021

Yesterday was a big day for ViacomCBS. The year of integration and uncertainty following the merger of Viacom and CBS in December 2019 has finally ended. The core rationale behind both key constituents of the National Amusements media empire to join together is now coming to fruition.

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