Warner streaming revenues up 16% in last quarter, but overall recorded music revenues fell 0.8%

“”In this increasingly complex environment, where music is woven into every aspect of our lives, our creative expertise and global reach are more valuable than ever,” says Steve Cooper
Source

The independent artist market is exploding in China – with NetEase and Tencent battling to woo the best indie acts

Stat Of The Week: How indie acts are central to the strategies of China’s two biggest streaming music providers
Source

UK trade paper Music Week ends 60-year run as a weekly publication; parent Future says it will continue as a monthly ‘for the time being’

“The economics of Music Week as a weekly magazine are no longer viable.”
Source