MIDiA Blog - Page 17

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.

The AI revolution sweeping video creator tools

Cover image for The AI revolution sweeping video creator tools

Ben Woods

12 Mar 2024

Streamlining the content creation process has become a key battleground for social video platforms. They are banking on AI shouldering most of the menial tasks associated with publishing a video, freeing up creator time to publish more content.

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New audiobook pricing gives Spotify the best of both worlds

Cover image for New audiobook pricing gives Spotify the best of both worlds

Rutger Rosenborg

6 Mar 2024

In late 2023, Spotify slowly started rolling out audiobooks to Premium subscribers in select markets . In contrast with Spotify’s unlimited supply of music, Premium subscribers were allotted 15 hours (roughly two audiobook equivalents, according to Spotify) of audiobook listening per month.

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Is BritBox International the missing commercial streaming catalyst for the BBC?

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Tim Mulligan

4 Mar 2024

Business Strategy

Last Friday, ITV announced the sale of its entire 50% interest subscription video on demand (SVOD) service to its partner and fellow shareholder, BBC Studios (the commercial arm of the BBC). BritBox was Launched in in 2017 as a joint venture between BBC Studios and ITV.

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Why don’t we hear popular music on popular podcasts?

Cover image for Why don’t we hear popular music on popular podcasts?

Rutger Rosenborg

29 Feb 2024

There are a number of popular podcasts that dissect popular music. One is called, well, Dissect . Others are Popcast , Song Exploder , and Switched on Pop . Podcasts like these usually play extended sections — if not whole recordings — of popular tracks, but beyond that, it is virtually impossible to find a podcast where you can hear music that is not a commissioned theme song or ‘royalty-free’.

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TikTok highlights the importance of publishing — and lack of songwriter services

Cover image for TikTok highlights the importance of publishing — and lack of songwriter services

Tatiana Cirisano

29 Feb 2024

It is no news flash that the music business has a reputation for undervaluing songwriters. Despite being arguably the most important part of the song, the shift to streaming has been even more disastrous for songwriters’ remuneration than artists.

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Niche is mainstream. So… what next?

Cover image for Niche is mainstream. So… what next?

Hanna Kahlert

29 Feb 2024

Entertainment industries today are navigating two contrasting pressures. On the one side is the demand for niche personalisation: algorithms drive hyper-targeted content to just the right audiences, who identify strongly with it and form small, powerful communities, which can allow those propositions to carve out durable success.

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Paramount is on the right track but does it have enough time?

Cover image for Paramount is on the right track but does it have enough time?

Tim Mulligan

29 Feb 2024

Yesterday, Paramount announced its full year 2023 financial results. The numbers were stark, with revenues down 2% to $29.7 billion and an operating loss of $451 million. The stock price declined at the end of the day by 1.

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Quick take: The games industry health check

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Karol Severin

27 Feb 2024

In recent weeks and months, a growing number of people have been asking: “What is going on with the games industry?”, “Is the games industry doomed now?”, “Is it done growing?”, “If neither a new Switch or GTA 6 are getting released this year, is the games industry going to have a weak year?”, or some other typically sceptical permutation thereof.

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What indie book publishers can gain from audiobooks

Cover image for What indie book publishers can gain from audiobooks

Rutger Rosenborg

22 Feb 2024

Music streaming

In the music industry, three major labels generate the lion’s share of revenue: Universal, Sony, and Warner. In the book publishing industry, the “big five” publishers dominate: Penguin Random House, Hachette, Macmillan, Simon & Schuster, and HarperCollins.

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Could YouTube be the music-first social platform the industry needs?

Cover image for Could YouTube be the music-first social platform the industry needs?

Tatiana Cirisano

22 Feb 2024

In December, we mused on what could happen if artists collectively stepped off the content treadmill. With Universal Music Group (UMG) removing its catalogue from TikTok, that thought experiment came startlingly close to fruition.

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Social is the new streaming… but the cracks are already showing

Cover image for Social is the new streaming… but the cracks are already showing

Hanna Kahlert

22 Feb 2024

When streaming first overtook music, it did so by force. Audiences quickly latched on to the freedoms of digital life and the accessibility of music on the internet. Piracy was on the rise and downloading music via Napster and LimeWire became a shared memory for millennials.

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Music creators – take our survey!

Cover image for Music creators – take our survey!

Mark Mulligan

21 Feb 2024

Cultural trends

MIDiA is fielding its annual music creator survey and if you are a music creator we would like you to take part. Whether you are a songwriter, artist, producer, engineer, vocalist, DJ, instrumentalist, soundtrack composer, or whatever you may be, we want to hear from you.

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Expect Warner Bros. Discovery’s forthcoming full year 2023 results to open up vital strategic choices

Cover image for Expect Warner Bros. Discovery’s forthcoming full year 2023 results to open up vital strategic choices

Tim Mulligan

20 Feb 2024

Warner Bros. Discovery

On Friday, Warner Bros. Discovery (WBD) will announce its full year 2023 financial results to investors in its fourth quarter 2023 earnings call . It is going to make for hard reading by both investors and WBD senior management alike.

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Are Prime Gaming subscriptions the drug that Twitch cannot live without?

Cover image for Are Prime Gaming subscriptions the drug that Twitch cannot live without?

Ben Woods

19 Feb 2024

Twitch chief executive Dan Clancy has been quick to reshape the livestreaming platform since taking charge just shy of a year ago. Clancy has cooled competition with YouTube and Kick and taken the wind out of exclusive deals by backing multi-streaming.

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Why the Xbox announcement is an important and strategically smart nod to developers

Cover image for Why the Xbox announcement is an important and strategically smart nod to developers

Karol Severin

16 Feb 2024

Xbox announcement

Xbox announced on its podcast with Phil Spencer, Sarah Bond and Matt Booty, that it is bringing four of its titles to other consoles. While no specific titles were named, it ruled out Starfield and Indiana Jones, and mentioned that two of the games are community driven and the remainder are smaller games that may have reached a plateau on Xbox.

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Is embracing RSS a smart move for YouTube?

Cover image for Is embracing RSS a smart move for YouTube?

Rutger Rosenborg

15 Feb 2024

2023 saw YouTube bring podcasts to YouTube Music, but it did so without one of the podcast industry’s fundamental building blocks: RSS. However, just months later, YouTube has announced in a video posted to their Creator Insider channel that they are opening up RSS feed distribution.

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The context behind Disney’s investment into Epic Games

Cover image for The context behind Disney’s investment into Epic Games

Karol Severin

15 Feb 2024

Disney announced it is investing $1.5 billion into Epic Games. The same announcement talks about a creation of an “ expansive and open games and entertainment universe connected to Fortnite ”. This move makes sense for Disney on several levels and is perhaps one of the most impactful games-related moves for Disney’s overall cultural relevance, engagement, monetisation capabilities, and profitability.

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Was 2024 the year of peak ad revenues for Paramount and the Super Bowl?

Cover image for Was 2024 the year of peak ad revenues for Paramount and the Super Bowl?

Tim Mulligan

13 Feb 2024

Sunday saw the Super Bowl LVIII broadcast on CBS, Paramount+, and Nickelodeon, providing a bumper advertising windfall estimated at between $650-$700 million for parent company Paramount. The media majors’ entire business model is under intense scrutiny from investors made nervous by its losses (-$855 million for 2023 as of Q3 2023), and the overall share price being down 40% year-to-date.

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Why Disney’s Epic Games investment challenges YouTube

Cover image for Why Disney’s Epic Games investment challenges YouTube

Ben Woods

9 Feb 2024

YouTube’s chief executive, Neil Mohan's, latest open letter was full of confidence . A little over a week since YouTube recorded a 16% jump in advertising revenue to $9.2 billion for Q4 2023 , he outlined four big bets to advance the business this year.

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Music subscriber market shares 2023: New momentum

Cover image for Music subscriber market shares 2023: New momentum

Mark Mulligan

8 Feb 2024

music subscriber market shares

Streaming market share

With UMG leading the charge to reshape the music industry into a more label-friendly form, 2023 may, with hindsight, go down as the year before everything changed . Whatever lies ahead though, new models will take time to deliver benefits.

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