Tidying up people | Li Ying Edited | Fan Zhihui
05.25-05.31
<h1 class="pgc-h-arrow-right" > largest company</h1>
On May 27, Instagram officially announced the introduction of advertising in its long-form video platform IGTV.
According to the related article, IGTV's ads will be launched from next week, and Instagram hopes to support their investment in IGTV by sharing advertising revenue with creators. Ads will appear before people click to watch IGTV's video, which can last up to 15 seconds. In an interview with Verge, Instagram CHIEF Operating Officer Justin Osofsky said the platform will share with creators what he calls "industry standard" 55 percent of its advertising revenue.
Meanwhile, Instagram Live, Instagram's live streaming service, will also introduce a new "paid badges" feature to monetize, where fans can support their favorite creators through direct purchases, which are still in beta. The feature, which will begin testing in June, will be extended to countries such as the U.S., Brazil, U.K., Germany, France, Italy, Turkey, Spain, and Mexico, with prices of $0.99, $1.99, and $4.99, respectively, and the platform will not initially be split from it.
On May 27, Sony-owned distribution and services company The Orchard launched a new social feature on its mobile app OrchardGo, which is now available on both iOS and Android. The app was originally launched in 2019 after allowing record labels released through Orchard to view song lists and gig data in real time, as well as pinpoint the market by counting fan data.
The app now allows musicians to view social interaction analytics and market awareness, as well as control social platforms through OrchardGo, track and monitor the interaction behavior of fans through algorithms from the dimensions of social posts, tags, number of fans and geographic location, understand social media trends, and provide a reference for musicians and their teams' decision-making.
On May 27, NetEase Cloud Music × Kuaishou short video "New Singer Program" was officially launched. By singing the specified songs, the entrants will eventually have four "star" voices who will receive resource support from the two major platforms.
On May 28, Apple Music launched a new radio show, Africa Now Radio, which will be hosted by Nigerian DJ and curator Cuppy. Based on the platform's new playlist, Africa Now, the show will showcase the latest "African Voices", including genres such as Amapiano, Afrobeats, Highlife, ALTE, House, Hip-Hop, Afrobongo and Kuduro.
In the first episode, Nigerian producer Kiddominant, known for producing African hits such as Davido's "Fall" and AKA's "Fela In Versace," will discuss his new single "eWallet" with Cuppy through FaceTime, which was completed in collaboration with South African superstar and Def Jam Africa with rapper Cassper Nyovest.
The show will air every Sunday at 6 a.m. Los Angeles time starting May 31.
On May 28, Indian music streaming JioSaavn launched the JioSaavn Pro Rewards feature for paying users, providing a series of lifestyle services to drive the growth of paying users.
JioSaavn will work with Sarva Yoga, 1MG, Businesses such as cure.fit and HealthifyMe have partnered to provide life services including: a three-month SARVA yoga family life free course; a monthly subscription plan for digital nutrition and fitness services worth Rs 799 on HealthyTime; an e-consultation worth Rs.599 from doctors and specialists at Rs 199 per month on 1MG; and an e-consultation for doctors and specialists on cure.fit of 25 per cent. Discounts.
While JioSaavn has yet to disclose its exact number of subscribers, the company claims that its paid subscriber base has grown 4x from the beginning of 2019 to the present. The data shows that the beta version of Pro Rewards was launched in 2019 and covers the offer of live performances and concert discounts, which has contributed to the rise in the number of subscribers to some extent. As of April 29, 2019, the company had 104 million monthly active users.
May 29 news that Amazon's audiobook service Audible is preparing to spend millions of dollars investing in original podcast content to challenge Spotify's growing dominance in the podcast business. The service was acquired by Amazon in 2008 for $300 million.
As Bloomberg points out, Audible has been investing in original content for years, but "celebrity hosts and shows are now prioritizing, which helps to expand audiences." Separately, to compete with Spotify, Audible has acquired a number of shows from comedy geniuses Kevin Hart and Tiffany Haddish and documentary filmmaker John Battsek.
In addition to adding podcast content through Audible, Bloomberg also reported that podcasts will be added to Amazon Music in the coming months. Meanwhile, according to a report published by news site Axios citing sources, Amazon is looking to invest in localized sports and news podcast content. Axios believes that one reason for Amazon's launch of localized podcasts may be the desire to break into the local advertising market. In the United States alone, this market is worth more than $150 billion.
On May 29, the "Music Authors Association" APP under the China Music Copyright Association was officially launched.
Members can inquire about the distribution of personal copyright royalties through the APP, including the distribution details of various rights, historical distribution data, etc., change personal information, modify correspondence address, contact information and other information, and pre-register music works online.
Songwriter copyright holders (non-members) can learn about copyright and collective management, apply to join the association online, and inquire and claim copyright legal license fees.
Music users can learn about the legal knowledge of music copyright licensing, understand the fees and licensing procedures of copyright royalties, and understand industry-related cases and frequently asked questions.
Relevant members of the industry and the public can inquire about the public data of the Association to understand the latest developments of the Association.
The IOS system can download the software through the Apple Store (Apple store) search for "Audio Author association"; the Android system (Xiaomi, Huawei, Oppo, Vivo) can search for "Audio Author association" through the mobile phone market; other brands of Android mobile phone market is online, and can currently be downloaded by installing "Application Treasure" and searching for "Audio Author association" in the Application Treasure Market.
On May 29, songwriting rights company Sony/ATV Music South Africa entered into a new strategic partnership with Content Connect Africa (CCA), the region's largest provider of local music content. As a result of the partnership, Sony/ATV Music provides music lyric copyright services to CCA's musicians and songwriters. In addition, the collaboration will host digital education workshops across the continent to help songwriters protect their songwriting rights and provide them with further career development.
On May 29, SoundCloud launched its new radio station SoundCloud Radio on digital audio broadcasting platform Dash Radio.
SoundCloud Radio is aimed at members of the company's recently launched musician service, SoundCloud Repost, which aims to take musicians' careers to the next level while allowing them to better remain independent. Musicians of Both Repost and Post Select can post their songs on SoundCloud Radio.
Dash Radio is free to use on more than 50 platforms, including smart speakers, connected cars, mobile devices and smart TVs, with 12 million monthly active users.
<h1 class="pgc-h-arrow-right" > data control</h1>
On May 27, according to data released by the German performance rights organization GEMA, the organization generated revenue of 1.069 billion euros (about $1.2 billion) in 2019, an increase of 50.2 million euros, or about 5% from 2018, of which 905.6 million euros (about $1.02 billion) was distributed to members and rights holders worldwide.
GEMA said total expenses were €163.7 million in 2019 compared to the total cost of €159.7 million in 2018, compared to 15.7% in 2018.
Public performance was GEMA's strongest revenue category in 2019, up 4.9 percent to €407.4 million in 2019 compared to €388.5 million in 2018; digital revenue, driven by the streaming business, grew by more than 72 percent to €181.9 million; while the share of physical records such as CDs continued to decline, but sales revenue from vinyl records showed a positive market trend; mechanical copy revenue fell by almost 25 percent compared to 2018 to €61.1 million.
In other categories, television and radio music revenue edged down 2.2 percent to €295.2 million as private tv advertising revenue declined.
On May 27, According to Bloomberg, TikTok's parent company, ByteDance, had more than $17 billion in revenue in 2019, more than double its 2018 revenue; in addition, its annual net profit exceeded $3 billion.
Analysts predict that ByteDance could achieve a public valuation of between $150 billion and $180 billion through an initial public offering in the coming months.
On May 27, according to a survey of more than 110,000 music fans from the United Kingdom, France, Germany and the Netherlands, according to a survey of more than 110,000 music fans from the United Kingdom, France, Germany and the Netherlands, about 82% of music fans said that they would participate in the festival within 1 to 6 months after the end of the epidemic. Of those, 66 percent said they would attend the festival within one to three months, while 30 percent said they would attend the festival as soon as the COVID-19 lockdown was lifted.
59.5% said they are confident of attending the festival in 2021. 75% of fans believe that the 2021 festival event will not be affected and will book tickets for the 2021 event in the next two months. Correspondingly, they believe they will still spend a lot of money on future festivals, with 34 percent saying they will spend 250 to 500 euros and 24 percent saying they will spend more than 500 euros.
The survey also found that fans wanted to introduce safety measures at live events, such as handwashing stations and free cancellation of tickets. More than 82 percent said that being able to cancel tickets free of charge will be a key consideration when booking future events.
On May 28, according to Alpha Data, Rolling Stone magazine released data comparing the number of streaming views on Apple Music in the first week of each album's release with the total number of on-demand audio streaming in the United States, which can determine Apple Music's approximate market share relative to its competitors (Amazon Music, YouTube Music, Spotify, etc.) in various cases.
According to Apple's internal statistics, Apple Music accounts for 45% of the total market share of on-demand audio streaming of rap music in the United States. Unlike rival Spotify, Apple Music doesn't have a free service package, so Apple's share of the pay-to-play space is likely to exceed 50%.
<h1 class="pgc-h-arrow-right" > capital market</h1>
On May 26, live entertainment giant Live Nation told shareholders that it had formally withdrawn from its acquisition of a majority stake in OCESA, Latin America's largest live music promotion company. The company had planned to acquire a 51 percent stake in OCESA for more than $400 million in cash.
According to a filing filed by the U.S. Securities and Exchange Commission (SEC) in the summer of 2019, Live Nation signed a definitive agreement to acquire a 51 percent stake in OCESA for a purchase price of 8.835 billion Mexican pesos (about $462 million), of which 7.93 billion Mexican pesos (about $414 million) will be paid in cash. Mexican regulators approved the acquisition in April after initial opposition.
However, given the impact of the epidemic, Live Nation hopes to delay the payment of the cost of the transaction. But in a filing filed with the U.S. Securities and Exchange Commission (SEC) on May 26, Live Nation confirmed: "Live Nation has discussed with CIE and TV about possible changes to the timing and terms of the acquisition, but the parties have not been able to agree on the revised terms." "
On May 26, South Korean entertainment company Big Hit Entertainment acquired a portion of its stake in Seoul-based K-Pop label Pledis Entertainment, becoming the company's largest shareholder.
Pledis was founded in 2007 by CEO Han Sung Soo, whose artists include NU'EST, Seventeen, Nana, Bumzu, Kyulkyung, Yehana and Sungyeon.
According to reports, Big Hit acquired a majority stake in Pledis as part of the company's strategy to "seek synergies through multi-domain label expansion and optimization of professional operations (360, IP, platform)." "Pledis will remain independent after joining Big Hit, but its artists will receive professional support from Big Hit, and the global network and platform technology based on Big Hit will be better developed in overseas markets."
In March, Pledis group Seventeen joined Weverse, a global fan community platform developed and operated by Big Hit's subsidiary beNX.
On May 26, according to Music Business Worldwide, Warner Music Group (WMG) has submitted a revised S1/A document to the U.S. Securities and Exchange Commission (SEC), confirming its intention to list on the NASDAQ stock exchange and will issue 70 million A-class common shares. The price of the IPO will be between $23.00 and $26.00 per share, with a fundraising size of $1.61 billion to $1.82 billion. If Warner is successfully listed, its ticker symbol on nasdaq will be "WMG."
The IPO's underwriters include Morgan Stanley, Barclays, Credit Suisse, Goldman Sachs, Citigroup and JPMorgan Chase, the report said. These investment banks can also purchase up to 10.5 million additional shares from WMG's current owner, Access Industries, within 30 days at an initial offering price lower than the underwriting discounts and commissions.
The latest S1/A filing shows that even after Warner goes public on the NASDAQ, it will remain a "controlled company" because Access Industries will continue to control the majority of the company's total voting interest in the issued common stock.
It is worth mentioning that WMG was originally expected to initially raise shares in March, and the global economic crisis caused by the new crown pneumonia epidemic prompted Warner to postpone this action. As of the end of March 2020, WMG had $484 million in cash and cash equivalents.
On May 28, South Korean entertainment company Big Hit reportedly applied to list in South Korea, and according to a report released by the company, the company had applied to the Korea Stock Exchange for pre-IPO review on May 21.
Local regulations in South Korea stipulate that companies applying for an IPO must enter a negotiation process to discuss the more detailed details of the application, which usually takes about a week.
Bloomberg quoted the Korea Economic Daily as saying that the size and timing of the IPO have not yet been revealed, but "this transaction could bring the market value of Big Hit as high as 2 trillion won (about $1.6 billion)".
On May 29, according to the latest report published by the Wall Street Journal, Tencent is currently negotiating to acquire a minority stake in Warner Music for $200 million. WMG reportedly hopes these "anchor" investors will help them raise more than $1 billion in secured stock before going public.
<h1 class="pgc-h-arrow-right" > music variety show</h1>
On May 28, Tencent Video's "Children of Tomorrow Orchestra Season" mentor lineup was announced: Lang Lang, Zhou Zhennan, Deng Ziqi, Ouyang Nana, Liang Long, the ultimate goal of the program is to find a five-member orchestra.
On May 30, iQIYI's "Youth with You 2" ended, and the girl group named THE NINE this season was Liu Yuxin, Yu Shuxin, Xu Jiaqi, Yu Yan, Xie Keyin, An Qi, Zhao Xiaotang, Kong Xueer, and Lu Kelan.
<h1 class="pgc-h-arrow-right" > new this week</h1>
On May 25, Bo Xian released a new EP "Delight" EP with a total of 7 songs, released by SM Entertainment.
On May 25, Xu Liang released a new single "Fengqing", which was composed by Zhao Jingyi and composed by Zhao Jialin, and released by New Law Culture.
On May 25, Miyako released a new single "Wake Up After a Landslide", which was written and composed by Miyako and released by GONG Studio.
On May 25, Rocket Girl 101 released a new single "11 Heartbeats", the single was written by Wang Yajun as the Chinese lyrics, the Rocket Girl 101 Yaamy as the Rap lyrics, and shenzhen Tencent Computer released.
On May 26, CAS released a new single, "You're All I Want", which was written and composed by Gregory Steven Gonzales and released by Partisan Records.
On May 26, Liu Ruiqi released the latest single "Sea and Island" of the second season of NetEase Cloud Music's special project "Star Collection", which was composed by Amaj, composed by Amaj and thank you, and released by NetEase musicians.
On May 26, Dai Quan released NetEase Cloud Music x Qin Shi Mingyue "National Creation Plan" Qin Shi Mingyue character Wei Zhuang single "Long Empty End", the single was written by Mu Qingming, composed by Ge Zan, and released by NetEase Cloud Music.
On May 26, Xiao Jingteng and Lin Junjie cooperated to release a new single "Hello (Studio Version)", which was composed by Yorick Chen, composed by Xiao Jingteng and Lin Junjie, and released by Warner Records.
On May 26, Liu Xijun released the theme song of the TV series "Who Said I Can't Get Married", "I Loved You", the single was written and composed by Takashi Fukuda, and released by Huayu Expo.
On May 26, Good Sister released a new single "Hero Hidden in the Heart", which was composed by Qin Hao and composed by Zhang Xiaohou, and released by Beijing Youshan.
On May 26, Monsta X released a new EP "FANTASIA X", a total of 7 EP songs, released by Starship.
On May 26, Zhao Lusi released the tv series "Rumored Chen Qianqian" episode "Time Words", the single was written and composed by JBS Music, and the new law culture was released.
On May 26, Park Ji-hoon released a new EP "The W", a total of 6 EP songs, released by NHN BUGS.
On May 27, Lu Han released a new EP "π-volume.3", a total of 2 EP songs, distributed by Shanghai Fenghua Qiushi Culture Media.
On May 27, Highter Brothers member Psy.P released a new album "PSYLIFE.25", a total of 18 songs, released by StreetVoice and 88rising.
On May 27, Panta.Q and Zhou Shen cooperated to release the new single "Discourse", which was written and composed by Panta.Q and released by NetEase Musicians.
On May 27, Yu Jiayun released the latest single "True Love Your Cloud" planned by NetEase Cloud Music "Replica", which was composed by Hong Ruiye, composed by Huang Guojun, and released by NetEase musicians.
On May 27, Hiroyuki Sawano and Ruikui released a new single "CRY", which was written by Hiroyuki Sawano, Benjamin and mpi, composed by Hiroyuki Sawano, and released by SACRA MUSIC.
On May 27, Liu Boxin Lexie released the theme song of the 2020 Dancing Peacock Season "Pupil Sparrow", the single was written and composed by Liu Boxin, and released by Tencent.
On May 28, Lady Gaga and BLACKPINK collaborated to release the new single "Sour Candy", which was written and composed by BloodPop ®, Lady Gaga, Matthew Burns, Rami Yacoub, Madison Emiko Love, and Hong Jun Park, and released by Universal Records.
On May 28, the New School Waste Choir released the third song of the "Sunset" of the "In the Name of Love" rock compilation album specially planned by NetEase Musicians, with the single lyrics and composition by Liu Ou and released by NetEase Musicians.
On May 28, Rocket Girl 101 Duan Aojuan released the theme song "Taming Expert" of the web drama "Chieftain's Man", the single was written by Song Baoyu, composed by Chen Shaoqing, running monsters, Le YouQisi music release.
On May 28, Bai Yu released a new single "Over", the single was written by Xu Letong and Zhan Yijun, and composed by Xu Letong, and it was released reliably anyway.
On May 28, Jin Weiqi released TME's special project "Return" of "Chinese Golden Song: 10 20 30" EP07 "Heart Like a Knife", the original single was sung by Jacky Cheung, lyrics and composition by Li Boiling, and distributed by the producer.
On May 29, Kygo released a new album "Golden Hour", a total of 18 songs, released by Sony Music.
On May 29, Chen Linong released a new album "Out of Place", a total of 12 songs, released by Universal Records.
On May 29, Kim Ji-moon released a new album "All In", a total of 9 albums, released by Lu Yin Yuan.
On May 29, Dust Ah released a new single "Changting Outside the Rain", which was written by Li Hongyu and composed by Tian Hao, and released by NetEase Cloud Music.
On May 29, Ayunga and Li Siguang released the soundtrack album of the TV series "Burning", a total of 2 albums, released by Moby Dick Music.
On May 29, Manshuk and Jony J cooperated to release a new single "Best Partner", which was written and composed by Manshuk and Jony J, and released by Modern Sky.
On May 29, Armin van Buuren released a new album "RELAXED", a total of 30 songs, released by Armada Music Bundles.
On May 29, Katy Perry and MK collaborated to release a new single "Daisies (MK Remix)", which was directed by Katheryn Hudson, Jonathan Bellion, Jacob Kasher Hindlin, Michael Pollack, Jordan K. Johnson and Stefan Johnson wrote and composed the music and published by Capitol Records.
On May 29, Lady Gaga released her new album Chromatica, a total of 16 songs, released by Interscope.
On May 30, Hu Xia released the NetEase Cloud Music Youth Reset Program "Drama Good" Track 04 "Rewind", the original single was Jolin Tsai, lyrics by Fang Wenshan, composed by Jay Chou, and released by Wisdom Big Dog and NetEase Cloud Music.
On May 30, Zhu Jingxi jing released a new single "7Night", the single was written and composed by Zhu Jingxi, and released by Beijing Coconut Island Creative Culture.
On May 30, Gou Xueying released a new single "A Piece of Sugar", which was written by Gou Xueying and Liu Ziyuan, composed by Liu Xuandou, and released by Beijing Qingwa Entertainment.
On May 30, Hu Yanbin released a new single "Stars", the single was written by Hu Yanbin and Zhong Wen, composed by Hu Yanbin, and released by Taitu Culture.
On May 30, Mario and Oh Leak jointly performed NetEase Cloud Music's latest national style single "Kyushu Sigh", which was written and composed by Franky French and released by NetEase Cloud Music.
On May 31, Wang Ziyi released the new single "Gone" of the "Memoirs" project, the original single was sung by Zhang Huimei, written and composed by Wu Qingfeng, and released by Music Power.
On May 31, Tan Songyun released her first EP advance song "I Am", the single was written and composed by Tan Songyun, and released by Shaocheng Times.
Typography | Anlin
This article is the original manuscript of Music Herald, reprinted and business cooperation, please contact us.