Tomorrowland received more than 1 million paid online viewers / YouTube's second-quarter ad revenue exceeded $26.4 billion MAC DATA
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:"Bandcamp Friday" Sales breakthroughBillion. As a result of the new crown outbreak, many musicians have lost their most important source of income because they cannot host tours and other live events, and are under financial pressure.In early March, Bandcamp, the U.S. platform for independent musicians, announced that it would cancel its share of the musicians' sales revenue on March 20th, and that all revenue earned in those 24 hours would be "in the musician's pocket."Then, on three Fridays in May, June and July, Bandcamp did the same.Bandcamp revealed thatThe platform also announced that the monthly "Bandcamp Fridays" will be extended until the end of the year.Bandcamp delivers 100% of its sales directly to musicians on August 7, September 4, October 2, November 6 and December 4.In response, Bandcamp said, "We launched the 'Bandcamp Fridays' campaign in March to support musicians affected by the outbreak, and the music industry has come together to a great extent over the past few months.” "But since the outbreak is not over, we will still hold this event on the first Friday of every month until the end of the year.""Typically, the Bandcamp platform charges a commission of 10% to 15% of the artist's work sales revenue.The platform chose to cancel the commission on a one-day-a-month "Bandcamp Fridays", meaning artists could use the extra revenue to pay for venues, record records and maintain team members.At the same time, many artists choose to release new digital albums on this day. So far, indeso musiciansand record companies “ Bandcamp Fridays ” The series has sold for $75 million (5 billions of peopleCurrency.）music and merchandise, during this time D2C The platform gave up its share of revenue. workFor. Bandcamp decide on the first Friday of every monthPart of the decision to make the sale. :The report says TikTok could sell for as much as $208.7 billion Last month, it was rumoured that the spin-off TikTok could be worth $50 billion.Now it seems that if Microsoft manages to buy social apps, it could cost less. CNBC reported yesterday:"Microsoft may buy TikTok for $30 billion (ABOUT 208.7 billion yuan).” Although the deal could cost as little as $10 billion ($69.5 billion).The report says:"If the deal is done, Microsoft has reached an agreement with the U.S. government to bring TikTok's code from China to the U.S. within a year.In other TikTok news, the company announced changes to the U.S. for "combat misinfo, false information, and other content that could disrupt the 2020 election."This includes prohibiting "synthetic or manipulation of content that misleads users by distorting the truth of events in a manner that could cause harm" (malicious "counterfeits"), as well as expanding its fact-checking partnership and adding the option to report election results to misinformation." :Music content accounts for 22% of Total YouTube views in 2019, according to Pex Startup Pex spent much of last year observing YouTube on its platform and analyzing videos being uploaded and viewed. Now they have released a report containing their findings. It is estimated that the music category will account for 5% of YouTube's total content in 2019, but 22% of total views. According to the same study a year ago, the latter's statistics are up from 20% in 2018. There's also some interesting data about the distribution of views on YouTube. "In 2019, only 0.77 percent of videos generated 82.83 percent of views," Pex claims. "Many of the most advanced layers of YouTube videos also fall into the music category in terms of views. According to the report, 30 percent of videos viewed between 10 million and 100 million were music, and 57 percent of videos viewed between 100 million and 1 billion were music. Of the more than 1 billion videos viewed in 2019, only a handful? Music accounts for 83% of this. :Sony Music's recording music revenue fell 10.5% in the second quarter Sony Music today released its parent company's latest quarterly financial results. According to MBW's data analysis:Sony Music's recorded music revenue fell 10.5 percent year-on-year in the second quarter of this year, although its recorded music streaming revenue rose 5.9 percent to $4,452.Physical sales fell 41% to $821 million, while "other" revenue (including licensing, sales, etc.) fell 38.8% to $570 million. Meanwhile, Sony's music publishing division, which includes Sony/ATV and Japan's Sony Music Publishing, fell 19.2 percent to $2,011 million.So let's compare the performance of the big three (global) companies in the second quarter.In terms of record music revenue, UMG decreased by 4.5% YoY, WMG by 5.7% and Sony Music by 10.5%.At the same time, UMG's distribution revenue grew by 24.5%, WMG's by 1.4% and Sony's by 19.2%. - END -
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