SiriusXM Media’s Post

Summary and link of one of this year's best SXSW keynotes: Top Entertainment Trends for 2024: What the Data Says with Rob Jonas (https://buff.ly/3PQ59dT) 👍 INSIGHTS: - Global on-demand audio streams grew by 22% in 2023, hitting 4 trillion for the first time - Latin music, especially Regional Mexican, saw significant streaming growth in the US, driven by cultural/demographic factors - Younger audiences are driving the rise of country music on streaming platforms - Music discovery is increasingly happening through visual mediums like movies, TV shows, video games, and short-form video apps - Multilingual music listeners use community platforms and messaging apps like Discord, Reddit, and WhatsApp for discovery - Superfans spend significantly more on music, merch, and physical products compared to average listeners - Direct-to-consumer (D2C) physical sales were up nearly 30% in 2023, with 60% of D2C titles being current releases - The share of English-language content in top global tracks continues to decline as non-English music rises - Female artists' share of top streaming grew to over 30% in 2023, with Taylor Swift's massive success - Live music events drive significant local streaming increases for artists before/after shows - Metadata challenges persist, with unmatched royalties and potential manipulation as AI content grows 🔧 TOOLS: - Streaming viewership model for analyzing TV/film popularity - Analysis of music streaming data correlated with concert ticket sales - Identification of unmatched royalties and rights holder issues - Tracking of new audio ISRCs uploaded daily to streaming platforms 💡 TRENDS: - Continued growth of music and video streaming - Rise of short-form video for music discovery, especially among Gen Z - Increasing impact of non-English/multilingual music globally - Growth of current female artists in streaming share - Resurgence of the live music industry post-COVID - Challenges around metadata, rights management, and royalty payments - Proliferation of creator-uploaded content overwhelming top streaming tiers 🥇 HACKS: - Leveraging music/TV/film soundtrack connections for artist discovery - Utilizing streaming data to optimize concert touring routing/ticket pricing - Nurturing superfen relationships through direct-to-consumer offerings - Adapting music marketing to visually-driven discovery by younger audiences - Focusing on local/regional demographics and cultural tie-ins for music promotion - Exploring messaging apps like WhatsApp for multilingual/cross-border fan outreach

Unlocking the Power of Streaming Data for the Entertainment Industry 🎥📊 Have you ever wondered how your favorite show, movie, or song makes its way to the top? At Luminate, we track streaming data that shapes the entertainment industry, providing key insights that impact market share, chart rankings, artist royalties, and pop culture trends. From music to TV and film, we source data from hundreds of verified outlets, powering iconic rankings like Billboard charts and Variety’s Streaming Originals. Major players in music, film, tech, and finance rely on Luminate to make data-driven decisions. Learn more about our significant investment in data infrastructure and delivery with Snowflake: https://lnkd.in/gRyY7s-m

Read this deep dive on improving the quality of #StadiumSound and #ArenaSound. There are driving forces from audiences, who want to hear the same quality during sports events as at concerts. And from venues too – they face increasingly specific artists' riders for sound systems, want to explore the potential for #ImmersiveAudio, and to consider how better PAs could generate media spend. It's a complex equation: good quality sound to every seat (both badass bass and speech intelligibility), future-proofed systems that can accommodate immersive sound with d&b audiotechnik #dbSoundscape, and #NoizCalc software to ensure all that power doesn't annoy the neighbours. Happily, that's what we do best! “Keeping the sound on the seats and away from neighbouring residential areas has become more important in recent years" – the piece quotes Stephen Seable, Business Development – Installations, #dbaudio https://bit.ly/49COvoV

Luminate's 2024 Midyear Report is out, and I love seeing this slide. In short, the opportunity for independently distributed artists to gain large streaming volumes is growing - Independent artists with 1M-10M streams YTD - ⬆ 0.6 pts Independent artists with 10M-50M  streams YTD - ⬆  2.3 pts (now almost 40% of artists in this tier!) Independent artists with 50M-100M streams YTD - ⬆ 1.8 pts Independent artists with 100M-500M streams YTD - ⬆ 1.4 pts Independent artists with 500M+ streams YTD - ⬆ 2.7 pts With more competition from independently distributed artists, and those indies actually creating more sustainable revenue streams for themselves, I think we're going to see positive effects on not only the industry but on art as a whole. Which is especially important given we've reached a point where I think we need to support, protect, and value human artistry more than ever. And with all of this, comes even more of a need for artists and the teams around them to gain a better understanding into how they can drive this consumption, which is a good reminder on why we're doing what we do at Immensity.ai Kudos to Jaime Marconette and the whole Luminate team for yet another amazing report!! #musicindustry #musicstreaming

"Warner Music Group streamlined their AR reporting with SplashBI—faster month-end closes and more accurate data with significantly reduced manual effort."   Read the case study now- https://lnkd.in/gtDrA_Nq     #financialreporting #splashbi #oraclereporting #businessintelligence #datadriven

What more a consumer can expect from a so-called mean global company that illegitimately forces a senior citizen elite LG consumer under a safe package of protection of the nexus of corruption and corruptible modus operandi behind the scenes to accept illegitimate non-mandatory documents of an illegal debit note dated 26.6.21, an invalid suspicious tax invoice dated 12.2.22 and a delivery challan dated 8.7.21 under irrelevant narratives of non-mandatory defective LG policies not reoriented to meet the legitimate compliance with legitimate compulsory mandatory provisions about invoice and e-receipt as a substitute for legitimate mandatory documents as prescribed in para 5 of the new Consumer Protection (General) Rules,2020 read with Section 2 (47)(vii) of the new CP Act,2019 and Section 31 Rule 46 of GST Rules,2017. My son is a doctor and his wife too. They purchased a new 3BHK flat in a new scheme and possession is expected shortly and requires the purchase of all new household equipment and appliances and asked for my advice when I had to express my bitter experience with LG company and advised him and other neighbours and his friends circle to purchase any product except LG, a shameless so-called global company that does not afford to give legitimate legal valid invoice and e-receipt containing mandatory contents of name and address of recipient and consignee even after collecting NEFT Rs.9632 on 25.6.21 to date. How to trust such a mean so-called insensitive, arrogant, and adamant global company with a sense of entitlement and NPD, and why choose LG products that offer the worst services after sales and evade/refuse to give a legitimate legally valid invoice and e-receipt and exploit the consumer rights victimizing a senior citizen elite LG consumer for the last more than 3 years in a silly issue damaging its own credibility for silly narratives? Reference No: GCP241112022678 Date: 12/11/2024 20:04 57    Type of Inquiry: E-mail to CEO

Musictech Companies and Their Domain Name Choices Believe.com became one of the fastest-growing companies in the music streaming industry due to its proactive investments in emerging markets like Asia. Believe supports an impressive 1.3M artists worldwide, helping them launch and grow their careers online. This artist-first approach has earned Believe significant recognition, including being named one of France’s 40 most promising start-ups in the French Tech Next40 index in 2019. https://lnkd.in/dkBHtyuc Believe

Welcome to the era of social media and streaming dominance, where music and sound shape our everyday experiences. Crafting impactful sonic identities is now essential for brands, revolutionizing their marketing strategies. Explore how tailored music and soundscapes capture the essence of brands, resonating in virtual spaces and enhancing user experiences. 🎶✨ Read more in our latest article, link in comments. #branding #brandidentity #sounddesign #sonicbranding