A Little Knowledge... #92
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📬 BULLETIN NEWS: Kate Nash defends OnlyFans move
Musician Kate Nash’s decision to launch an OnlyFans account last week is sparking a lot of debate within the industry and the wider media. So much so that in a new post to Instagram this week, Nash firmly defended the move.
👉 Read the article in full here.
🕰️ TIME MACHINE: What we were writing about this week five and 10 years ago
Change in the music industry happens fast - even faster than the world's fastest tiny house, built on top of a Tesla. Here’s what Music Ally was writing about five and ten years ago:
5️⃣ In 2019 we were writing about then-WMG boss Steve Cooper predicting “plenty of room for more growth” in streaming, after his company’s annual streaming revenues surpassed $2bn for the first time. Five years on, that total has more than doubled: this month WMG reported just under $4.2bn of streaming revenues for its last financial year – $3.44bn from recorded music and $752m from publishing.
🔟 In 2014 we reported on global labels body the IFPI’s latest ‘Investing in Music’ report, which noted that its members’ spent $2.5bn on A&R and $1.8bn on marketing in 2013. How have those investments grown since? In the same body’s Global Music Report this year, it said labels spent $3.9bn on A&R and $3.2bn on marketing in 2023. That’s a combined spend of $7.1bn, up 65% from a decade ago – although we’re not correcting for inflation there.
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🤔 A LITTLE SOMETHING EXTRA...
Our daily Bulletin newsletter is loved by subscribers for its instant industry analysis - but secretly, the part they like most is the ‘A Little Something Extra’ section at the bottom of the email. Here's a few of the best recent links:
💼 MUSIC ALLY JOBS
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