Streaming
Digital Media Company LiveXLive Had an OK Quarter, But It’s Got a Long Way to Go
What three letters best explain the modest gains LiveXLive unveiled during its quarterly earnings call Thursday? The would be P-P-P as in the Paycheck Protection Program. Nearly all of the company’s $3.5 million reduction in spending for the quarter appeared to have come from the almost $2 million federal loan it received in March, coupled with $1.4 million in reductions of employee salaries and other expenses during the COVID-19 pandemic. That helped LiveXLive achieve its “best quarter in the history of the company,” according to CEO and chairman Rob Ellin, who reported a 11% increase in revenue and a quarterly loss of $7.5 million, or $0.13 per share. That missed the consensus estimate of a loss of $0.12, but marked a significant improvement from a loss of $0.21 per share a year ago (tot...
Inside Pollen, the Mysterious Hit Spotify Playlist Where No Rules Apply
In mid-2018, a team of Spotify employees were preparing a new, genre-less playlist — one of the first of its kind for the streaming service, which was shaking up the industry with its hit-making hip-hop playlist RapCaviar. But they couldn’t decide on a title and cover design that would encompass the playlist’s eclectic sound without putting a box around it. “It was an eight-month saga,” Spotify North America team lead of music culture & editorial John Stein now remembers with a chuckle — until Spotify then-creative director Cecilia Azcarate began playing around with intricate, anatomical drawings of the insides of flowers. “The word ‘pollen’ was thrown around, and we all liked how symmetrical it felt,” Stein says. “There’s a c...
Google Play Music To Shut Down in December
The time has come for Google Play Music to play dead. The one-time streaming platform is being shut down permanently in December in favor of YouTube Music. This merger between the two Alphabet-owned companies has been in the works since 2017, as Google Play floundered while YouTube became one of… Please click the link below to read the full article. Google Play Music To Shut Down in December Wren Graves You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Pandemic Exacts Toll on Sony’s Music Operations With Double-Digit Revenue Drop
In the company’s fiscal first quarter ended June 30, Sony’s music operations showed the wear and tear of the economic downturn caused by the COVID-19 pandemic, with revenue declining 13.1% to ¥173.735 billion yen ($1.646 billion) from 2019’s first quarter revenue of ¥200.04 billion ($1.84 billion). While operating profit was also down to ¥34.89 billion ($325.3 million), the decline on a percentage basis wasn’t as much, coming in 8.8% down from the ¥38.3 billion ($348 million) tallied in the year earlier first quarter period. Consequently, the company’s already healthy operating margin showed a slight improvement, consisting of 19.7% of revenue this year, versus 18.9% in 2019’s first quarter, which shows the company kept a tight rein on expenses. During t...
Best Movies and TV Shows Streaming on Netflix, Disney Plus, Hulu, HBO Max, and Amazon Prime in August 2020
Life moves pretty fast, to borrow from Ferris Bueller, that’s why there’s no room for skimming. Consequence of Sound doesn’t want any of that for you (or for themselves), which is why they’ve rounded up the greatest hits of all the major streaming networks. Granted, we’ve already shown you everything… Please click the link below to read the full article. Best Movies and TV Shows Streaming on Netflix, Disney Plus, Hulu, HBO Max, and Amazon Prime in August 2020 Michael Roffman You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give us...
Oh, Snap: Snapchat Owner Lands Music Licensing Deals to Bring Songs to Posts
Snap, Inc. has secured licensing deals with several major music companies to incorporate music into posts on its photo- and video-sharing app Snapchat, the company confirmed today (Aug. 3). Snapchat users will soon be able to add music to their posts both pre- and post-capture, from a catalogue including music licensed from Warner Music Group and its publishing arm, Warner Chappell; Universal Music Publishing Group, members of the National Music Publishers Association (NMPA) and indie digital rights agency Merlin. The new feature is now testing in New Zealand and Australia, as Bloomberg first reported, and will reach global users this fall. “We’re constantly building on our relationships within the music industry, and making sure the entire music ecosystem (artists, labels, songwrite...
Tune In: Code Orange, Fleshgod Apocalypse, and Between the Buried and Me to Perform Livestream Concerts
Metal bands continue to make the best of the live music pause, taking to streaming platforms to perform for fans while social distancing. Code Orange, Fleshgod Apocalypse, and Between the Buried and Me will all perform upcoming livestream concerts, joining other acts who’ve begun hosting similar virtual shows. Code Orange… Please click the link below to read the full article. Tune In: Code Orange, Fleshgod Apocalypse, and Between the Buried and Me to Perform Livestream Concerts Jon Hadusek You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back ...
Microsoft Exploring TikTok Acquisition
Microsoft said Sunday (Aug. 2) that it would continue to explore an acquisition of TikTok after discussing the matter with President Donald Trump. The statement follows Trump’s Friday evening comments to reporters that he would take action as soon as Saturday to ban the app over national security concerns. Microsoft CEO Satya Nadella spoke to Trump over the weekend, the company disclosed. “Microsoft fully appreciates the importance of addressing the President’s concerns,” reads part of the company’s statement. “It is committed to acquiring TikTok subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury.” {“nid”:”9428152″,”type”:”...
AI-Driven Rights Management Agency Muserk Forms Joint Venture to Reduce Piracy of Japanese Content
Muserk, the AI tech-driven global rights management agency for music and video, has partnered with leading Japanese marketing and media research company Video Research on a new joint venture designed to cut down on piracy of Japanese content worldwide. Dubbed Muserk V.I.D., the venture “will service, manage and protect the online rights of the major broadcasters, networks, and production companies of Japan, around the world,” according to a release announcing the deal. Through the partnership with Muserk, Video Research – which provides marketing, media and TV audience research for leading media firms and advertisers in Japan – will utilize Muserk’s AI technologies, M-Match and M-PAC, to manage and protect its clients’ online video rights. Founded by CEO Paul Goldman – who will serve as CE...
Executive Turntable: TalentX Founder Named Triller Chief Strategy Officer, Radio Promo Vets Launch New Company
Social media star, entrepreneur and TalentX Entertainment co-founder Josh Richards has been named chief strategy officer at AI-driven music video and entertainment platform Triller, which he also invested in. In his new role, Richards will lead strategy at Triller while also overseeing the company’s implementation of live streaming and monetization tools. Triller, a rival to the wildly popular video-sharing platform TikTok, last year raised $28 million in a funding round led by Proxima Media last year, also drawing investors including Snoop Dogg and Lil Wayne. In June, the platform — which currently has music licensing partnerships with Warner, Sony Music and UMG — hit 50 million monthly active users. “After seeing the US and other countries’ governments’ concerns over Tik...
Amazon Prospers During Pandemic With Expectation-Beating Results
Amazon dodged a coronavirus bullet in its second quarter, posting big gains in sales and operating income as shoppers around the world stayed home and did the bulk of their shopping online. The online retail giant, which operates the Amazon Music streaming platform and is one of a small handful of tech companies in the “trillion-dollar club”, reported net sales of $88.9 billion in the quarter ending June 30, 2020, beating analysts’ expectations with a whopping 40 per cent improvement on the same period last year. Also during the period, operating income almost doubled to $5.8 billion, up from $3.1 billion in second quarter of the previous year. Revenue from subscription services ballooned to $6 billion, well advanced from the $4.6 billion reported in the corresponding per...
Disney+ Tackling Adaptation of Broadway Musical ‘Once On This Island’
With Hamilton on Disney+ being a runaway sensation, The Hollywood Reporter has learned that the streaming service is working to bring another Broadway musical to the screen. Playwright Jocelyn Bioh and director Wanuri Kahiu are developing Once On This Island, a feature adaptation of the 1990 Broadway musical that is based on the Rosa Guy novel, My Love, My Love; or, The Peasant Girl. Marc Platt, the producer behind Broadway’s Wicked as well as movies ranging from Legally Blonde to La La Land, is producing. As opposed to Hamilton, which was a recording of a stage performance, Island will be a more traditional adaptation. Disney’s live-action division is running point on the project. The story is set in the French Antilles in the Caribbean Sea and tells of a peasant girl who falls in l...
