German tv, radio and media group ProSiebenSat.1 has taken a major stake in international music streamer Deezer, according to Die Welt. Details of the deal were not revealed, but sources put the new holding at less than 50%. To date, Deezer has raised $150 million; $130 million of which came last year from WMG and Beats investor Access Industries. As part of the deal, ProSiebenSat.1 music service AMPYA will be merged into Deezer. Together the music services will be a dominate player in Germany, the world's 4th biggest music market. “Deezer and ProSiebenSat.1 are moving forward together. With Deezer we...
How about using online technology to fuel richer experiences, deeper engagement, and greater monetization offline, in the physical world of live events? Few artists and venues have yet harnessed this potential, but it is here, now, and it gives even more reason for optimism.
Most artists will bristle when contemplating the idea that the fine-tuning of their work could be taken over by software and automation. How can a code or algorithm adequately capture the nuances they envision in their work or understand the emotional impact an artistic creation can have on its beholder? The [...]
The music sector has licensed an unprecedented number of digital services and has developed many new business models. Over the past few years, Europe’s digital music market has boomed, with music joining the video games sector as a leading digital content provider, driving consumer take-up of legitimate online services and the take-up of new technologies, from broadband subscriptions to the purchase of smartphones and tablets. Music also fuels social media: 9 of the 10 most like people on Facebook, 9 of the top 10 YouTube videos and 7 of the 10 most followed people on Twitter are artists.
Today, EU consumers have access to over 37,000,000 tracks across over 230 legal digital services. These services offer unparalleled choice to consumers in the EU, with many different ways to consume music, including downloading, ad supported or subscription streaming, online radio and cloud storage.