MIDiA Blog - Page 60

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.

Why TikTok’s regulatory countdown has been extended yet again

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Tim Mulligan

20 Nov 2020

One of the many knock-on effects of this month’s US Presidential election has been the temporary reprieve granted to social video app TikTok. The app is owned and operated by ByteDance, the Beijing-based Chinese tech company which has been propelled into the ranks of the leading tech majors follow...

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DraftKings is making its own strategic bet on the rise of the US sports betting market

Cover image for DraftKings is making its own strategic bet on the rise of the US sports betting market

Alistair Taylor

19 Nov 2020

betting company

US-based sports betting company DraftKings’ stock value has grown 11% following a strong third-quarter performance in which its revenues increased 98% year on year (YoY) to reach $132.8 million, up from $67 million in Q3 2019.

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YouTube at two billion: Still much more music opportunity to be had

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Mark Mulligan

17 Nov 2020

YouTube just announced its milestone of reaching two billion music users on the platform . YouTube has long been the largest music service on the planet, and it has just extended that lead. In 2019, its official total user number was two billion.

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Virtual Reality: The flying cars of the 21st century

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Hanna Kahlert

16 Nov 2020

Virtual reality – or “VR” – has been described as a potentially media transforming technology for years now . Desperate trend seekers have long harked its “potential”, certain that this little-understood, sci-fi-esque innovation will feature heavily in our digital futures (although, as M...

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Are rights holders missing the point with Twitch?

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Mark Mulligan

13 Nov 2020

Twitch has apologised to its users for the growing volume of rights holder takedown notices for music used in Twitch videos . Twitch is in an awkward transitionary phase with music rights holders, not dissimilar to where YouTube was when it was acquired by Google.

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Post-pandemic programming webinar replay

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Dara Jegede

12 Nov 2020

If you missed the Post-Pandemic Programming webinar on Tuesday, November 10, you can relive the discussions in the video below. To ensure you don't miss another MIDiA event, register here to stay in touch .

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WWE Q3 Earnings – An innovative digital strategy helps WWE overcome COVID-19 disruption

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Alistair Taylor

12 Nov 2020

World Wrestling Entertainment

WWE’s Q3 2020 results provide a fascinating insight into how a live event-focused entertainment business has successfully navigated a global pandemic. In its financials for the quarter , WWE saw a 19% revenue increase year-on-year (YoY), with Q3 2020 revenue at $221.

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MIDiA expands academia support to gaming community through MetArena partnership

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Dara Jegede

11 Nov 2020

We are pleased to announce that the University of Kentucky is the first to benefit from a new partnership between MIDiA Research and MetArena, which will see students receive access to the MIDiA platform for 12 months, at no additional cost to the universities or students.

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Catch up with MIDiA's post-pandemic programming podcast series

Cover image for Catch up with MIDiA's post-pandemic programming podcast series

Dara Jegede

11 Nov 2020

MIDiA has long said that podcasts are a rising force in the audio entertainment market – and we’ve put our efforts where our insights are, launching our first podcast series. Our episodes are now available to listen to on Spotify , Apple Podcasts and Amazon Music .

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Why Take-Two Interactive does not need to adopt games subscriptions yet

Cover image for Why Take-Two Interactive does not need to adopt games subscriptions yet

Karol Severin

10 Nov 2020

take two interactive

games subscriptions

Take-Two Interactive (T2) reported quarterly results, with revenue dipping slightly, but profitability improving. On the call, T2 reiterated scepticism over the future of the games subscription models.

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Disney+, one year on…

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Tim Mulligan

10 Nov 2020

On Thursday 12 November, Disney will announce its Q4 (Calendar Q3) earnings. The date is particularly poignant, as it is exactly one year since Disney launched its direct-to-consumer (D2C) service Disney+ in North America, Australia and the Netherlands.

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Why the sports broadcast model is now under threat

Cover image for Why the sports broadcast model is now under threat

Alistair Taylor

6 Nov 2020

Sinclair Broadcast Group

sports broadcast

The Sinclair Broadcast Group reported its Q3 2020 results earlier this week, which highlighted the detrimental impact sporting investments had on its balance sheet. A 37% year-on-year (YoY) increase in consolidated revenue (to $1.

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The video streaming shift from sports to news

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Tim Mulligan

5 Nov 2020

Yesterday the Sinclair Broadcast Group reported its Q3 2020 results . A 37% increase in consolidated revenues was undone by a $4.2 billion impairment on the local sports segment due to the COVID-19 disruption wrought on its regional sports network.

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Discovery Mode: Understanding how Spotify thinks

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Mark Mulligan

4 Nov 2020

Spotify’s Discovery Mode announcement looked at the very best a poorly timed announcement, coming at a time when artists and songwriters are more concerned about their income than at any other since the music business returned to growth more than half a decade ago.

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We’re hiring!

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Mark Mulligan

2 Nov 2020

MIDiA Research is hiring for a consultant to join our fast growing consulting division. Want to be a part of exciting strategic projects, helping some of the world’s biggest entertainment companies solve market shaping projects? Then send us your CV! More details on the role and how to apply here.

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Live streaming centre stage for 2021

Cover image for Live streaming centre stage for 2021

Keith Jopling

2 Nov 2020

Live music industry

The longer the pandemic continues, the harder it gets for the live music business (and other cultural sectors built around live performance) to sustain hope of a ‘return to normal’. I hate saying it, but there it is.

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Among Us: What brands can learn from gamer communities

Cover image for Among Us: What brands can learn from gamer communities

Hanna Kahlert

2 Nov 2020

Last Tuesday, 27 October, a new record was set for the third-largest games stream in Twitch history , with an audience of between 300,000 and 400,000 over three and a half hours. It was not driven by a big-name gamer or high-profile tournament, however – but by Alexandria Ocasio Cortez (AOC), the ...

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PS5 and Travis Scott partnership illustrate PlayStation’s/Sony’s cross-entertainment future

Cover image for PS5 and Travis Scott partnership illustrate PlayStation’s/Sony’s cross-entertainment future

Karol Severin

29 Oct 2020

Over the last year we have written a number of times that Sony’s future is cross-entertainment , while Xbox’s future is cross platform . This stems from their respective strengths and weaknesses. Sony would find it, at best, incredibly challenging to compete with Microsoft on cloud, cross-platfo...

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Spotify Q3 2020: What price growth?

Cover image for Spotify Q3 2020: What price growth?

Mark Mulligan

29 Oct 2020

Spotify reported another strong quarter in Q3 2020, with subscriber growth up 27% year-on-year (YoY) and ad-supported user growth up 21%. Spotify continues to set the pace for the global streaming market and has demonstrated that streaming has proven resilient to lockdown.

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Post-Pandemic Programming

Cover image for Post-Pandemic Programming

Mark Mulligan

29 Oct 2020

COVID-19 caused dislocation and disruption to the global entertainment business. Now, the recession and the prospect of further pandemic peaks create an unprecedented outlook for entertainment companies.

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