Organizer | Liying Editor | Fan Zhihui
08.02-08.08
Big company
Brand new B2B digital music distribution platform DistroDirect officially launched
· On August 2, Australian software company GYROstream launched a new B2B digital music distribution solution DistroDirect, allowing any music company to publish digitally to the platform and indicate its own brand.
DistroDirect's SaaS (Software as a Service) product provides a fully automated and customizable distribution platform, and has launched more than 100 digital service platforms around the world, including Spotify, Apple Music, Amazon, Deezer, TikTok, etc. At the same time, the tool also provides customers with features such as collaborator split payments, music analysis, reporting and monthly reports on streaming platforms, and will also handle artist customer support limited to data functions.
GYROstream was established in 2018 and has driven more than 1 billion music playbacks in total. Its CEO Andy Irvin believes that "the DistroDirect model is also intended to replace the increasingly monopoly of global distribution giants. Wherever it is, this high-quality microdistribution model allows small and medium-sized music companies that have already gained insight into the local music market to build sustainable distribution businesses using their network of artists."
Editor: breaks the monopoly and grows freely.
Spotify competitor Anghami will expand the operation of offline entertainment venues
·On August 3, Spotify's competitor Anghami, in Middle East , announced plans to expand offline venue operations in many cities around the world, and establish a new comprehensive entertainment venue called Anghami Lab.
It is reported that the first venue will be opened in Dubai in early 2022, and will then be launched in Riyadh , Jeddah , Cairo , Beirut , and other global cities such as London, New York and Los Angeles.
In order to speed up the implementation of the concept, Anghami also reached a cooperation with hotel group Addmind, which has restaurants, bars, lounges, beach clubs and nightclubs in cities such as Dubai, Abu Dhabi , Beirut, Qatar and London.
Anghami said that the concept of Anghami is "the first comprehensive entertainment facility to combine online and offline to connect digital and traditional entertainment." The venue will have a lounge, stage and studio where musicians can work together to create music and perform in the venue. The music created will be available only on Anghami.
Editor said: , from Universal Music to Modern Sky to Music Streaming Media Platform, has begun to develop offline space.
B2B music platform Adapter signed a license agreement with Merlin
· On August 4, B2B music platform Adapter signed a license agreement with Merlin, an independent music digital copyright agency.
The platform was launched in January by San Francisco tech company Feed Media Group (FMG) and allows developers to legally integrate music into the platform, designed for startups that raise less than $7.5 million in financing and earn less than $4.5 million.
Under the new agreement, record companies, publishers and other rights holders in Merlin global members can provide their music through Adapter.
X-ray Touring expands its cooperation with investment company Yucaipa Companys
·On August 4, brokerage X-ray Touring expanded its joint venture partnership with investment company Yucaipa Companys and established a new strategic alliance with Artist Group International (AGI) of Yucaipa's Y Entertainment Group.
After working with Yucaipa, X-ray will continue to be led by founding partners Martin Horne, Ian Huffam, Steve Strange and Scott Thomas to expand its position in the global agency business.
In its more than 400 performances, it includes musicians such as Coldplay, Eminem, Robbie Williams, Gorillaz, Queens Of The Stone Age, Linkin Park, Pixies, Stereophonics, Bombay Bicycle Club, Phoebe Bridgers, The Internet, The Offspring, Enter Shikari and Fever 333.
AGI musicians include Billy Joel, Metallica, Rod Stewart, Neil Young, Linkin Park, Motley Crue, Def Leppard, Strokes and Cage The Elephant.
Tencent Musicians launch the "Music Person Advertising Plan"
·On August 4, Tencent Musicians, a subsidiary of Tencent Music Entertainment Group (TME), officially launched the "Music Person Advertising Plan", which not only guarantees users' listening experience, but also increases the musician's song advertising revenue, encourages musicians to release their creative talents, and continues to help musicians develop.
It is reported that the "Music People Advertising Plan" model is the first in the domestic music industry. Unlike the model of ordinary advertisements sharing according to the song playback share, this model brings a brand new form of musician recommendation advertising, which is settled and shared with musicians according to the amount of advertisement exposure, which will help musicians obtain additional recommended advertising revenue based on the original ordinary income. All signed songs on Tencent Musician Platform will automatically be added to the "Musician Advertising Plan" and enjoy a maximum share of 100%.
beats trading platform Beatclub reached a cooperation with fintech company Horizon Fintex
· On August 5, Beatclub, a beats trading platform founded by Timbaland and Gary Marella, reached a cooperation with fintech company Horizon Fintex, which provides support for the upstream of the digital stock exchange and the fan participation platform Global Fan Exchange (GFX).
It is said that the cooperation aims to provide fans with opportunities to participate in the transaction, allowing fans to own music shares and NFTs of producers and songwriters, or conduct transactions.
Horizon said its collaboration with Beatclub will allow creators to provide fans with a percentage of songs, albums and mastering. In turn, fans will become "brand ambassadors" to help increase the spread of music.
The British government launched the "Online Events Reinsurance Scheme" for US$1 billion
· On August 6, the British government launched a Live Events Reinsurance Scheme.
The plan will be implemented through cooperation with insurance companies, and event organizers can purchase relevant insurance to deal with situations where the event cannot be held legally due to the COVID-19 pandemic. The plan, worth over £750 million (about $1 billion), is "one of the only insurance plans in the world covering such a wide range of live events and there is no cap on the claims cost per event," according to the government.
If the activity does have to be cancelled, the insurance company will have an agreed risk sharing for each claim after the organizer pays the agreed excess fee. These include the government paying 95% of the fees, the insurer paying 5%, the insurer paying 97% and 3% respectively, and the government paying 100% of the fees, depending on the losses suffered by the insurer in the scheme so far.
The plan will be implemented in September 2021 and will continue until the end of September 2022.
Editor said: Performance industry has been so miserable in the past two years, so it is recommended to learn in China.
Indian record company Venus music changed its name to Ishtar
· On August 6, Indian record company Venus music changed its name to Ishtar, which was acquired by Paris distribution service company Believe in 2019.
Live performance ticketing company Eventim Live Asia will launch a multi-functional arena in Italy
·On August 6, Eventim Live Asia (ELA), a live performance promotion and ticketing company, launched by CTS Eventim and former senior vice president of Live Nation, jointly launched by Jason Miller, Live Nation, plans to build the MSG Arena in Milan, Italy, which will be the largest multi-functional arena in Italy. The total investment during the
project is approximately 180 million euros (about US$212 million). The arena is scheduled to be completed in autumn 2025, with a capacity of 16,000 people, and will also have more than 10,000 square meters of outdoor activity venues. The construction plan will begin in autumn 2022.
The venue will apply to International Olympic Committee as the Winter Olympics venue in early 2026. After that, Eventim will continue to operate the venue. Eventim AG&Co.KGaA signed an agreement with project company Milano Santa Giulia S.p.A. on August 5.
Milan 's EventimGroup project company will acquire a 50,000m² piece of land in southeastern Milan where it plans, builds and operates a new arena including outdoor facilities and two multi-storey parking lots that can accommodate 2,750 vehicles.
Editor said: is a big deal.
Data control
Warner Music's revenue exceeded US$1 billion for the third consecutive quarter, and physical records increased by more than 154%
·On August 3, Warner Music Group (WMG) released its quarterly financial report, with quarterly music revenue exceeding US$1 billion for the third consecutive quarter.
In the three months ended June, the company's total quarterly recorded music revenue reached US$1.152 billion, a year-on-year increase of 34% (or 27.6% as the fixed exchange rate ); total revenue in the previous quarter was US$1.059 billion, a 16.8% increase; and recorded music revenue in the fourth quarter of 2020 was US$1.16 billion, a year-on-year increase of 4.5%.
In the second quarter of 2021, WMG's streaming revenue was US$781 million, an increase of US$192 million (27.2% at a fixed exchange rate); physical record revenue increased from US$51 million in the same period last year to US$130 million, an increase of 154.9%; artist service and expanded copyright revenue increased by 7.3% on the reported benchmark, from US$124 million in the second quarter last year to US$133 million. Warner Chappell Music, the music copyright management business of
WMG, grew 26.8% in the second quarter of 2021 to US$189 million. This is mainly due to the fact that digital music revenue grew 25.6% in the second quarter to $113 million, accounting for 59.8% of total lyrics and music rights management revenue, up from 60.4% in the same period last year; synchronous licensing revenue is the second largest source of lyrics and music rights management revenue, growing from $22 million in the first quarter of 2020 to $34 million in the second quarter of 2021.
Editor said: Why did physical records rise again?
Sony Music 's total revenue in the second quarter reached US$1.82 billion, and streaming revenue increased by 50.2% year-on-year 7
· On August 4, Sony Music released its second quarter financial report for 2021. In the three months ended June, the company's total revenue was US$1.82 billion, of which quarterly recorded music revenue increased by 48.2% year-on-year to US$1.39 billion, an increase of US$451 million compared with the same period last year.
Among them, streaming media revenue was US$996.4 million, a record high, a year-on-year increase of 50.2% compared with US$663.4 million in the same period last year.
The company's global lyrics and music rights management business, including Sony Music Publishing and Sony Music Publishing Japan, had revenue of US$430.4 million, a year-on-year increase of 48.9% compared with US$289 million in the same period last year; of which revenue from streaming was US$215.6 million.
Editor said: is interesting. Compared with Warner Music, Sony music has the strongest growth in streaming media.
Live NationQ2 revenue increased by 677% year-on-year
·On August 4, according to the second quarter 2021 financial report released by live entertainment giant Live Nation, the company's revenue increased from US$74.1 million in the same period last year to US$575.9 million, a year-on-year increase of US$501.9 million, an increase of 677%.
In the second quarter of 2021, Live Nation's concert revenue increased by about US$145 million year-on-year, up 102%, to US$287 million, up from US$141.8 million in the same period last year; the number of performances exceeded 1,600, compared with about 100 in the same period last year; the number of fans increased from about 50,000 in the same period last year to 1.3 million, and the growth mainly comes from the US and Asia-Pacific markets.
ticket revenue increased by $331 million, from a loss of $87 million a year ago to $244 million. According to Live Nation, the company sold 30 million tickets this quarter (excluding refunds), while 2 million tickets sold in the same period last year, with the number of refunds falling from 11 million in the second quarter of 2020 to 4 million.
As of the end of the second quarter of 2021, Live Nation's cash and cash equivalents totaled $4 billion, including $1.1 billion in free cash. Live Nation said the free cash combined with $971 million in available debt capacity provides the company with $2.1 billion in liquidity.
Editor said: is likely to be related to the coexistence of the new crown abroad.
HYBE's total revenue in the second quarter reached US$244 million, a year-on-year increase of 79.2%
· On August 5, South Korean entertainment company HYBE released its financial report for the second quarter of 2021 (three months ended June).
financial report shows that revenue in the second quarter was 278.6 billion won (about US$244 million), an increase of 79.2% from 123.2 billion won (about US$108 million) in the same period last year and a 56.2% increase from 178.3 billion won (about US$156 million) in the previous quarter.
In the second quarter, HYBE's net profit was 20.8 billion won (about US$18 million), a year-on-year increase of 9.9%, that is, 1.9 billion won (about US$1.6 million); album sales increased by 105.4% year-on-year to 107 billion won (about US$94 million), an increase of 96.2% compared with the 54.5 billion won (about US$48 million) in the previous quarter.
One of the factors driving revenue growth is revenue from online meetings and other content, which increased by 236.9% year-on-year to 91.3 billion won (about US$80 million). HYBE's fan community app Weverse also grew to 5.3 million monthly active users in the second quarter of 2021, a 9% increase from the previous quarter, and average revenue per paid user (ARPPU) increased by 53% compared with the previous quarter.
Editor-in-chief said: offline revenue decreased, and the development of online revenue became a new export.
Capital Market
NFT platform MakersPlace completed a US$30 million Series A financing
·On August 4, San Francisco NFT platform MakersPlace raised US$30 million in Series A financing, led by Bessemer Venture Partners and Pantera Capital.
participated in this round of financing. Sony Music Entertainment, Uncork Capital, Draper Dragon Digital Assets, 9Yards Capital and Coinbase Ventures. Other strategic investors include Eminem, Paul Rosenberg and 3LAU.
MakersPlace said that the number of collectibles using its platform has increased 10 times in the past year, with transactions on the platform exceeding US$100 million. In February this year, MakersPlace and Christie's jointly auctioned Beeple's "Every Day: First 5,000 Days", which was sold for over 69.34 million US dollars.
Artist dynamics
Five associations speak out about the incident of Wu Yifan, and multiple music platforms remove Wu Yifan's works
·On August 2, China Film Association , China Music Association , China Video Association , China Performance Industry Association , and China Network Audio-Visual Association spoke out about the incident of Wu Yifan.
China Film Association: Celebrities should abide by the rules and emphasize morality. China Music Association: The first to follow the arts is to establish morality. China Television Association: Law and morality are all red lines. China Performance Industry Association: The law punishes severely, the industry resists, and "stars" will never tolerate evil. China Online Audiovisual Program Service Association : Resolutely resist illegal and morally offenders speaking out.
At present, music platforms such as QQ Music, NetEase Cloud Music, Kugou Music, and Kuwo Music have all removed Wu Yifan's singer information and music works. Earlier, Wu Yifan and his studio's Weibo , TikTok and other social media accounts were all banned.
Grammy Award winner Carlos Santana signed a global music recording agreement with BMG
· On August 4, Grammy Award-winning musician and guitarist Carlos Santana signed a new global music recording agreement with BMG to release his full-length studio album "Blessings and Miracle". The first single on the album is expected to be released later this month.
To date, Santana has won 10 Grammy Awards and 3 Latin Grammy Awards. He has won the Billboard Century Awards, selected for the Rock and Roll Hall of Fame, won the Billboard Latin Music Awards’ Lifetime Achievement Honor and the Kennedy Center Honors Awards. He was also named 15th among the 100 greatest guitarists ever by Rolling Stone Magazine; and joined the Rolling Stone Band.
· On August 4, Sony Music Copyright Co., Ltd. signed a global lyrics and music copyright agreement with Olivia Rodrigo, a multi-platinum singer-songwriter, actor and musician.
Rodrigo set a record for the most popular first album of the year with her debut album "SOUR" on May 21, 2021, gaining the most views in history in the United States, and breaking the record for the most views in a week for female musicians' first albums in Spotify history, with more than 385 million views worldwide.
In addition to being awarded RIAA’s gold certification in the first week, all 11 tracks on the album were in the top 30 of the Billboard’s Hot 100.
At the same time, Rodrigo also won second place in the Billboard Hot 100 with her hit single "good 4u", and ranked first in the Hot Rock & Alternative rankings with the album's first single "brutal". On June 2, she finished No. 1 on Rolling Stone’s Artists 500 Chart rankings with 283.7 million views, becoming the third female artist to make all three of Rolling Stone’s lists in a week.
Primary Wave acquires a large number of shares of famous singer Prince
·On August 6, copyright agency Primary Wave acquired a large number of shares of famous American singer Prince, including a majority stake in the copyright library of Stevie Nicks, a member of Fleetwood Mac.
Last week, Primary Wave allegedly acquired all shares of Omarr Baker, the youngest of Prince's six siblings, as well as 90% of sister Tyka Nelson and all shares of Alfred Jackson. The Wall Street Journal then published an article stating through these deals, "Primary Wave will own about 42% of the singer's property, worth between $100 million and $300 million." Primary Wave confirmed in a news release in official media that it has obtained an expected interest in the estate from Prince's siblings. However, the exact percentage of interest has not been disclosed, including the singer's music copyright, mastering, name, portrait and brand assets.
This acquisition includes Prince's popular songs "When You Were Mine", "I Wanna Be Your Lover", "1999", "Little Red Corvette", "When Doves Cry", and all unreleased music.
Music variety show
· On August 6, Mango TV's "Brother Who Overcomes Troubles" officially announced its full lineup: Huang Guanzhong, Lin Zhixuan, Chen Xiaochun, Xie Tianhua, Laughing, Lin Xiaofeng, Zhang Zhilin , Liang Hanwen , Zhao Wenzhuo , faces Chen Hui, Huang Zheng, Zhang Jin, Hu Haiquan, Jerry Yan, MCHOTDOG Hot Dog, Zhang Qi, Ouyang Jing, Li Yundi, Ao Quan, Li Chengxuan, Liu Duanduan, Yin Zheng, GAI Zhou Yan, Zhang Yunlong, Li Zhuxian, Liu Cong, Ricky, Gao Hanyu, McHenry, Huo Zun, Liu Jia, Li Xiang, Bai Jugang, and Brigji.
· On August 7, iQiyi's "Explosive Stage" premiered. The program lineup includes: manager Han Hong , burst girl Liu Boxin , Shan Yichun, Song Yuqi, THE9 Anqi , THE9 Lu Keran, VaVa, Wu Xuanyi , Yamy Guo Ying, Hard Candy Girl 303 Chen Zhuoxuan , Zhou Jieqiong , and the program will be broadcast every Thursday and Friday night at 8 o'clock.
· On August 7, the first phase of iQiyi "Youth Rap Plan" officially started.
· On August 8, the three-person feat competition for Mango TV's " Rap Listen to My " started. The best rappers in this issue are Ah Joli Muslati (FEElevn) and Liao Dan (K.ila).
Live Entertainment
· On August 2, due to the impact of the new crown epidemic, the Fuzhou Strawberry Music Festival, which was originally scheduled to be held from August 14 to 15, announced that it will be postponed to October 6 to 7.
Policy dynamics
The Central Cyberspace Affairs Office has dealt with more than 4,000 illegal accounts
· According to August 3, recently, the Central Cyberspace Affairs Office has thoroughly cleaned up illegal and bad information involving fan groups. At present, more than 150,000 negative and harmful information have been cleaned up, more than 4,000 illegal accounts have been dealt with, more than 1,300 problem groups have been closed, and 814 bad topics have been dissolved. In addition, the Central Cyberspace Affairs Office urged the website platform to strengthen the management of key links such as lists and group circles by canceling the product functions that induce fans to support and play the rankings.
The General Office of the Ministry of Culture and Tourism issued an emergency notice on comprehensively strengthening the current epidemic prevention and control work
· On August 3, the General Office of the Ministry of Culture and Tourism issued an emergency notice, saying that the epidemic situation was severe and complex, and the pressure on prevention and control continued to increase. The national cultural and tourism industry is required to strictly designate measures and take decisive actions, strictly and strictly, and meticulously carry out epidemic prevention and control work, and strictly prevent the spread of the epidemic through cultural and tourism channels.
Strengthen epidemic prevention and control in star-rated hotels, theaters and other performance venues, museums, public libraries, cultural centers (stations), art galleries, A-level tourist attractions, as well as relatively closed places such as entertainment venues and Internet service venues, strengthen sanitation management, and strengthen ventilation and disinfection. Strictly implement prevention and control measures such as scanning codes and temperature measurement for people entering the venue, and strengthen health monitoring and management of practitioners. Minimize gatherings in confined places. For indoor cultural and tourism activity venues, we must resolutely block the transmission channels of the epidemic in accordance with the local epidemic prevention and control deployment requirements.
State Administration of Radio and Television carried out special investigation and rectification of online variety shows
· On August 3, it is understood that the State Administration of Radio and Television carried out a one-month special investigation and rectification of online variety shows, and issued a notice on further strengthening the management of online variety shows, requiring strict control of idol training programs, focusing on strengthening the management of talent shows online variety shows, and strictly controlling the setting of voting links; resolutely resisting bad tendencies such as star chasing, star speculation, and pan-entertainment, and deformed values such as "traffic first" and materialism; further strengthening the main responsibility of online variety shows production and broadcasting institutions, strengthening positive guidance of fan groups, and strengthening the governance of platform "water army" and "black fans".
This week, new
· On August 2, Chen Jue released the new single "Let's and Relations", written by Liu Ziyuan and composed by Ma Yuan, and released by Beijing Qingwa Entertainment.
· On August 2, NINEONE# released its new single "Perfect Role", which was written and composed by NINEONE# and released by WR/OC Records.
· On August 2, Wei Li'an released his new single "Suddenly", which was written and composed by Wei Li'an and released by Awesome Music.
· On August 3, Shan Yichun released the new single "Hey", which was written and composed by Liu Fengyao and released by Baimu Entertainment.
· On August 3, Saber Liang Weijia released his new album "STONE HEART", with a total of 11 albums, released by Modern Sky .
· On August 3, BLACKPINK released the Japanese version of the new single "Pretty Savage". The single was written and composed by TEDDY, LØREN, Vince, Danny Chung, and released by Universal Music.
· On August 3, THE9-Liu Yuxin released the theme song of the sixth anniversary of "Qiuqiu Battle", "Hello, Qiuqiu", the single was written by Zhao Yiteng, composed by Korean Sin Chew , and released by Shanghai Giant Network Technology.
· On August 3, the travel group band released the new single "Flower Son", which was written by Lisa Wu and Kong Yichan, composed by Kong Yichan, and released by Modern Sky.
· On August 3, Yue Yunpeng released the new single "You", which was written by Dong Yufang and composed by Zhao Jialin, and released by Zhao Jialin Music Studio in Shanghai.
· On August 4, Zhang Yixing released the Remix collection "Picture Scroll", with a total of 6 albums, released by Zhang Yixing Film and Television Studio in Hengdian, Dongyang.
·On August 4, ONER released the new EP "Relife", with 3 EPs in total, published by Kunyin Entertainment.
· On August 5, Tanya Tsai and Carla Bruni jointly released the new single "Photographs". The single was written and composed by Tanya Tsai and released by Universal Music China.
· On August 5, Zhang Yanqi released the new single "Lonely Friend Please Don't Be Fear". The single was written by Zhang Yanqi, Liu Mingxiang, The Ways, composed by Zhang Yanqi and The Ways, and released by SEVENATION and 88riseing.
· On August 5, Li Daben released the new single "Money Waiting for Us to Make TOO MUCH MONEY TO TAKE", the single was written and composed by Li Daben and released by Modern Sky.
· On August 5, Lizzy Wang and Sylvia Sylvia jointly released the new single "Shining". The single was written by Cui Weikai, composed by Tizzy Wang, Karra, Varun Sony, and released by Warner Records.
· On August 5, Lin Yanjun released the new single "The Way to Rest". The single was written by Duan Sisi and Lin Yanjun, composed by mOnSteR nO.9, Jay Hong, Ryo Ito, and released by Sony Music.
· On August 6, Jay Chou and Ma Jia collaborated to release the new single "I", the single was written by Mi Liu and composed by Jay Chou, and released by Warner Records.
· On August 6, Lil Ghost and NYK jointly released the new single "Super Villain". The single was written by Lil Ghost, NYK, Isaac Miranda, and composed by Lil Ghost, Isaac Miranda, and was indeed released by Sky.
·On August 6, The Weeknd released the new single "Take My Breath", which was written and composed by Max Martin, Oscar Golter, Abel Tesfaye, and Ahmad Balshe, and was released by XO and Republic Records.
· On August 7, I also used a coupon to release the new single "As well as a book and a poem". The single was written and composed by Li Shiyi and published by Najibian.
· On August 8, the modern brother Liu Yuning released the opening song of the TV series "Song of You" "Chang'an", the single was written by Duan Sisi and composed by Tan Xuan, and released by Shanghai Xigua Music.
typesetting | Anlin
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