What does it tell us that no company ultimately bid to buy Twitter over the last month despite several reported brand-name interested buyers?
Twitter is the eighth-most-visited Internet site in the world; the best site in the world for real-time content; and is one of the few public companies in the marketplace that is growing revenue at a 20% annual rate – and no one even submitted a low-ball bid for Twitter? What is going on here?
Apparently, it tells us that there are only two companies in the world that could grow, leverage and monetize Twitter to make it worth roughly $20b under current circumstances – Alphabet-Google and Facebook — and they both practically can’t buy Twitter for antitrust reasons.
Let’s analyze why.
Make sure you’re set up with Shazam on your syncs!
Regina Spektor saw a massive spike in attention on the music discovery app Shazam thanks to the use of her song “Better” on Sunday’s The Good Wife series finale.
Spektor saw about 11,000 Shazams from the episode, according to the company — a substantial increase from the 20 per day she was seeing the week prior to airing.
The “Better” sync was used in a noteworthy scene of self reflection for protagonist Alicia Florrick, considering the different loves of her life.
B2B DIGITAL-MUSIC FIRM OMNIFONE HAS BEEN PLACED INTO ADMINISTRATION, RESULTING IN THE LAYOFF OF UP TO 70 STAFF AS IT SEEKS A BUYER FOR THE COMPANY’S TECHNOLOGY ASSETS.
The UK-based company’s clients include Samsung, SiriusXM, Guvera and Neil Young’s PonoMusic. It is unclear at the present time what the administration means for their services….
The company was facing strong competition, not least from fellow British firm 7digital, which has been picking up a succession of B2B contracts in recent years.
In December 2007, Thom Yorke explained Radiohead’s rationale for releasing their then-new album, In Rainbows, with just 10 days’ warning and a “pay what you like” price tag. It was, quaintly, an unheard-of way of doing things back then. “We were trying to avoid that whole game of who gets in first with the reviews,” he told David Byrne in a Wired interview. “These days there’s so much paper to fill, or digital paper to fill, that whoever writes the first few things gets cut and pasted. Whoever gets their opinion in first has all that power.” Radiohead didn’t want to defer to the whims of grumpy reviewers. They wanted the power.
This stealth release method led to what was, at that time, unusual: a communal listening experience across the globe.
Fascinating story by the erudite Stuart Dredge on YouTube’s Motown-style training camps for YouTube “stars” with this eyepopping quote:
A session on music soundtracks generates a heartfelt group grumble about YouTube’s Content ID system, which music rights holders can use to “claim” videos using their songs, then either get them taken down or collect their advertising revenues.
“Nine times out of 10, content creators haven’t done anything wrong … There’s no penalty for abusing it … Some people claim just to nick your monetisation,” are among the comments from the group. A fortnight later, YouTube announced plans to change the way Content ID works to ensure creators don’t miss out on revenues if they’re hit with a wrongful claim.
This should be a question for every aspect of our business, club owners, labels, publishers, managers.
I met Andrew Stalbow and Petri Järvilehto from Seriously several years ago after they had just left Angry Birds where they were responsible for international business development / licensing and the game studio, respectively.
They had a new company in mind and they posed a question to me
“If Walt Disney were to try and build a movie studio from scratch today — how would he do it?”
I took the bait.
On Friday (April 29), Beyonce’s Lemonade became the biggest album of the year so far in the US.
Within another 24 hours, Drake’s Views had surpassed Lemonade’s entire week-one album download figure, with around 600,000 sales.
Views is now easily on course to smash through a million North American sales before the weekend.
Drake and his team will have breathed a big sigh of relief at this news – early vindication for a digital strategy which was by no means a safe bet.
Aside from its status as one of the most eagerly anticipated records of the year, Views (previously ‘Views From The 6’), is a complete Apple exclusive.
Read it on Music Business Worldwide