MIDiA Blog - Page 62

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.

Where did Disney and Live Nation’s missing $10 billion go?

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Mark Mulligan

4 Sep 2020

In both economic and pandemic terms, we are in a relatively quiet period compared to the first half of the year. COVID-19 is at much lower levels in most countries and there are multiple sectors, such as housing and auto, that are reporting booms.

min read

Is it time for the music industry to rethink how it wants to participate in the gaming opportunity?

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Karol Severin

4 Sep 2020

cross-entertainment strategy

Music consumption, particularly in the West, is commoditised. Transforming from the economies of ownership to access and the removal of production and distribution barriers led to the devaluation of, not necessarily ‘the song’, but of ‘ listening to a song’ .

min read

Is HBO Max about to disrupt Netflix domestically with relevant scripted drama?

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Tim Mulligan

3 Sep 2020

Streaming video

When Warner Media executives commissioned the retro gothic horror original Lovecraft Country for its new flagship streaming service HBO Max, they could not have imagined just how on message the show would prove to be.

min read

Wanda Sports Group’s financials highlight long-term impact of live hiatus

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Alistair Taylor

3 Sep 2020

Wanda Sports Group’s (WSG) Q2 financials highlight a significant decline in revenues on account of “the broad effects of COVID-19 mitigation efforts”. WSG reported a second successive quarter of decreasing revenues , following its disappointing Q1 results which saw a 26% year-on-year (YoY) decline attributed to losses within the Chinese company’s spectator sports and mass participation divisions.

min read

Does Apple and augmented reality equal Apple TV+ 2.0?

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Tim Mulligan

28 Aug 2020

Bloomberg announced on Wednesday that Apple is planning to integrate augmented reality (AR) into its video subscription service Apple TV+.The new feature will debut next year and allow viewers to access optional AR content – such as characters and objects from Apple TV+ shows – through their iPhones or iPads.

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Who will own the virtual concert space?

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Mark Mulligan

28 Aug 2020

2020 will go down as a rough year for many artists, largely because of the income they lost when live ground to a halt. Unfortunately, the live music sector is still going to be disrupted in 2021 and it may take even longer for the sector to return to ‘normal’.

min read

Can LiveScore learn valuable lessons from Eleven Sports’ UK failings?

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Alistair Taylor

24 Aug 2020

streaming service

Streaming insurgent LiveScore launched its first ever over-the-top (OTT), ad-supported direct-to-consumer (D2C) streaming proposition in the UK back in June, harbouring a similar rights portfolio to that of Eleven Sports’ failed proposition back in 2018 .

min read

The post-peak Twilight Zone: A defining cultural trend of uncertainty

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Hanna Kahlert

24 Aug 2020

It has been eight months since the onset of the global coronavirus pandemic which has created an unprecedented global socio-economic crisis. As Wuhan residents are beginning to attend music festivals once more and UK consumers are incentivised to uplift their local restaurants with the “eat out to help out” scheme, it is beginning to look like the worst may be over and our ‘new normal’ has begun.

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Epic Games takes on the media giants in #freefortnite fiasco

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Karol Severin

21 Aug 2020

Conflict between the gaming world and the tech giants erupted last Thursday, with Fortnite being removed from the App Store and Play Store, two lawsuits being registered, and a (niche) viral outbreak of Epic Games’ #freefortnite campaign.

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MIDiA’s UK video consumer deep dive Q2 2020 report

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Tim Mulligan

20 Aug 2020

Streaming video

MIDiA Research has published its Q2 2020 UK Video Consumer Deep Dive report, with an update on where the leading streaming services are and how they have adapted to the ongoing disruption wrought by COVID-19.

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COVID fallout: BBC no longer considers UK Athletics value for money

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Alistair Taylor

19 Aug 2020

COVID-19 exposed live entertainment as a vulnerable asset class , specifically following the pandemic-enforced postponement of live sports . One of the hardest hit during this hiatus and ensuing uncertainty has been athletics, which saw its largest engagement driver and the ‘greatest show on earth’ in the Olympic games postponed till 2021 .

min read

Fortnite’s Party Royale provides sports untapped avenue for reaching digital natives

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Alistair Taylor

19 Aug 2020

Universal platform

Burgeoning universal platform Fortnite’s ‘ Party Royale ’ is slowly becoming the gateway for rights holders to reach digitally native audiences. Party Royale, Fortnite’s ‘ experimenta l’ game mode has been a breakthrough for the platform ever since it was released.

min read

Facebook’s “Reels” bid to move into TikTok gap will fail

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Hanna Kahlert

17 Aug 2020

The rollout of Instagram Reels comes cleverly timed, sweeping in the wake of the announced TikTok ban to claim the many app users who will be searching for a new proposition on which to spend their attention.

min read

What AWAL’s $100k artists mean for the streaming economy

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Mark Mulligan

14 Aug 2020

Kobalt’s AWAL division announced that‘hundreds of its artists have reached [the] annual streaming revenue threshold [of $100,000]’ . Make no mistake, this is major milestone for a record label that has around 1% global market share.

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The Song Economy Part 3 – creating in the song economy

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Keith Jopling

13 Aug 2020

In ‘ The Song Economy is just getting started ’ I looked at how major catalogue songs such as Journey’s Don’t Stop Believin’, Toto’s Africa and Mariah Carey’s All I Want For Christmas Is You had all spent many years accumulating streams (audio and video), radio plays and ultimately for their copyright owners, revenues.

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Apple to launch subscription bundle – we called it!

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Mark Mulligan

13 Aug 2020

In MIDiA’s 2020 Predictions report published in December 2019 we predicted that tech majors would start creating subscription bundles, with Apple leading the fray. Lo and behold, news has just come out that Apple is working on ‘ Apple One’ – a multi-genre subscription bundle that will includeApple Music, Apple TV+, Apple Arcade and Apple News+.

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Could gaming kill the video star?

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Karol Severin

12 Aug 2020

The Video Games Entertainment & News Network, or ‘ Venn’ , was launched on the 5th of August – marking another important milestone on entertainment’s journey of intertwining across formats and verticals.

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Streaming’s remuneration model cannot be ‘fixed’

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Mark Mulligan

12 Aug 2020

The #brokenrecord debate continues to build momentum and new models such as user-centric are getting increased attention, including at governmental level in the UK. But as Mat Dryhurst correctly observes , there is a risk of the market falling into streaming fatalism; that the obsession with trying to fix a model that might not be fixable distracts us from focusing on trying to build alternative futures.

min read

Trump versus TikTok: The future of the social video app… and US media-tech dominance

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Hanna Kahlert

10 Aug 2020

Media and Marketing

The Trump administration’s executive order to effectively ban Bytedance – and therefore the now hugely popular TikTok, as well as a ‘cease and desist’ on transactions with Tencent’s WeChat, with a more immediate impact on the broader entertainment industry , came down with surprising swiftness.

min read

Newsflash: UMG, WMG and Spotify may have a problem with Tencent

Cover image for Newsflash: UMG, WMG and Spotify may have a problem with Tencent

Mark Mulligan

7 Aug 2020

Tencent Music Entertainment

UPDATE: A White House official confirmed to the LA Times that the announcement, at this stage, will not affect Tencent shareholdings of companies and clarified that the order only refers to transactions 'related to' WeChat.

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