2018 was a big year for SoundCloud, according to new financial filings – and so was 2019, the company tells MBW...
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Spotify Kerry Trainor
SoundCloud, with more than 200m tracks on its platform, saw 12-monthly revenue run-rate top $200m last year
//www.musicbusinessworldwide.com
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1d Edited Music Business Worldwide [MBW], in association with Goldman Sachs, has launched a new annual award - our global Entrepreneur Of The Year. This award doesn’t only recognize commercial performance, or other traditional metrics of business growth. Instead, it’s bestowed upon an individual whose company has shown serious potential to irrevocably alter the way the music business works for decades to come. Having consulted with an expert judging panel over the past few weeks, MBW’s Entrepreneur Of The Year winner for 2023/2024 comfortably fulfills this criterion: Meng Ru Kuok, founder and CEO of Singapore-based Caldecott Music Group, home to music tech company BandLab Technologies – and its flagship music-making platform, BandLab. MBW explained back in January just how disruptive BandLab was becoming – with over 60 million registered users on the platform, cumulatively generating around 17 million new tracks each month. According to Meng, this is merely scratching the surface of a future whereby the number of music ‘creators’ in the world becomes comparable to the number of music ‘consumers’ – and where these two terms become somewhat interchangeable...
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BandLab CEO, Meng Ru Kuok: ‘I think there will be over 1 billion music creators by 2030, potentially even sooner.’
//www.musicbusinessworldwide.com
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On this podcast, MBW founder Tim Ingham is joined by two people who know all about music superfans: Alexander Seidl, the CEO of Aviator, and the company's COO, Lindsay Jones. Aviator, headquartered in Hamburg, Germany, specializes in serving these superfans rare content from the artists they love – often with archive video that has long gone undiscovered and has been gathering dust. It’s worked with artists including Mark Knopfler, James Taylor, Cliff Richard, Cher, James Brown and Olivia Newton-John. Aviator also specializes in rights clearance and rights management. You can see how that expertise marries with its archive content business – Aviator finds, for example, long-forgotten content from a French TV performance in 1986, clears the rights, smartens up the audio and video using hi-tech tools, before finally releasing it to superfans. This expertise in serving superfans, especially superfans of catalog artists, puts Aviator squarely in the center of one of the defining questions of today’s music business: Is the industry getting enough money from superfans – and is it serving them adequately? Listen to the podcast or read an abridged version of the Q&A through here. Thanks to Voly Entertainment for the support.
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MarkKnopfler,
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OliviaNewtonJohn
What album is on top of the world by Imagine Dragons?
Night Visions
What do Imagine Dragons sing about?
Elsewhere on Origins, the band reflects on the many dimensions of romantic love, embodying everything from the restless intensity of “Boomerang” to the dreamy melancholy of “Cool Out” to the epic balladry of “Bad Liar.” And on the soulful and stomping “West Coast,” Reynolds muses on a “fear of neglecting relationships ...
Does Imagine Dragons have any number 1 hits?
Third single "Demons" reached No. 1 on the Billboard Pop Songs, peaked at No. 6 on the Billboard Hot 100 and spent 61 weeks on it. In 2021, RIAA declared that the song has become the band's third diamond selling song in the US.
What song did Imagine Dragon break up?
"Bad Liar" was co-written by Imagine Dragons lead vocalist Dan Reynolds and his wife Aja Volkman shortly before they separated.