Smart Artists are Live Streaming Their Album Launches
Hypebot reports: “A growing number of artists are throwing online listening parties for fans and live streaming their album launches.”
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Twitter Opens Up Tipping to All Users as Part of its Continued Push to Facilitate Creator Monetization
Social Media Today reports: “After launching an initial test of the option with selected users back in May, Twitter is now taking the next step with its creator monetization push, by making on-profile tipping available to all users.”
Welcome to the New Record Business Warner Music Group is Now Generating Over $270M from TikTok, Peloton, Facebook, and Other ‘Alternative’ Platforms Annually
Music Business Worldwide reports: “Speaking during an interview at the Goldman Sachs‘ Communacopia event this afternoon, Cooper confirmed that Warner Music Group’s recorded music operation has a present run-rate of $235 million per year in revenue from “alternative offerings that create new use cases for music”.”
Amazon Assembles Video Streaming Apps to Fight with Netflix and Disney in India
TechCrunch reports: “Amazon has launched Prime Video Channels in India, allowing its customers to subscribe to eight streaming services including Discovery+ and Mubi from one hub (Prime Video website or app), the latest in a series of efforts by the U.S. giant to win customers in the South Asian nation.”
Nintendo Adds New Switch Online Tier with n64, Mega Drive Games
Gamesindustry.biz reports: “A new tier will be added to the Nintendo Switch Online subscription next month, giving users access to more retro titles.”
Roblox Unveils Listening Parties for Music Artists
Venture Beat reports: “Roblox unveiled Listening Parties for music artists, and its first one will be hosted by Grammy-nominated artist Poppy. With Roblox Listening Parties, artists premiere a new album in select top experiences on Roblox.”
Social Platform Riff Secures $4M Investment from Empire, Top Dawg Entertainment, and Quality Control
Music Business Worldwide reports: “This new investment round was joined by a trio of powerhouse music companies: Quality Control Music (home to Lil Baby, Migos, City Girls, Lil Yachty), EMPIRE (Yung Bleu, Tyga, D Smoke, Tink, Fireboy DML and more) and Top Dawg Entertainment (home to Kendrick Lamar, Isaiah Rashad, Schoolboy Q, SZA and more).”
Crypto Asset Management Platform Cobo Bags $40M Series B
TechCrunch reports: “Cobo, a Singapore-based crypto asset management platform, raised a $40 million Series B to accelerate the development of decentralized finance as a service (DFaaS). The round was co-led by DST Global, A&T Capital and IMO Ventures.”
BBC and NBCUniversal Agree on Unscripted Partnership
Forbes reports: “British public service broadcaster, the BBC, and NBCUniversal – who own streaming service Peacock, NBC, Dreamworks, Universal Pictures and a host of other entities – have agreed on a pact to find unscripted shows that will work in both the U.K. and U.S. marketplaces.”
Misfits Gaming Group Secures $35m Investment
Gamesindustry.biz reports: “Misfits Gaming Group has completed a new investment round to the tune of $35 million. Based in Florida, the company owns three esports teams in the League of Legends, Overwatch and Call of Duty leagues.”
