BTS label Big Hit Entertainment turned over $166m in H1 2019 – close to its revenues in the whole of 2018

“The core of Big Hit’s IP business vision is to enhance of the brand power created through artists and secure powerful impact and influence, which can then be expanded into a sustained brand business.”
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Taylor Swift is getting friendly with Spotify ahead of her new album, Lover. Times have changed.

In the lead-up to launch day, two former foes are getting remarkably cozy…
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After pivot away from DIY distribution, Stem welcomes ex-Venmo COO Mike Vaughan to Board of Directors

Fintech expert will “provide industry insights and connections that will propel Stem’s artist and label offerings”
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Official: Subscription streaming revenue growth is slowing down in the UK

Is key global market showing very first signs of streaming saturation?
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Daniel Ek rubbishes iHeart boss Pittman’s claim that ‘73% of Spotify’s listening comes from just 3% of their audience’

iHeart now reaches 275 million Americans monthly – more than the top two closest broadcast radio competitors combined
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Why, in a post-Tencent/Universal world, the three major music companies are worth nearly $90bn

MBW estimates that Universal, Sony and Warner are now collectively worth just shy of $89bn
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