Streaming round-up – October 2022

by IDOL
News
21.10.22
Every month, this section offers a summary of the latest news about the main streaming platforms, in particular the latest features offered by Apple Music, Amazon Music, Soundcloud, YouTube…

The number of the month is 100,000. It’s how many songs are uploaded every day to music streaming platforms. More info on Music Business Worldwide.

Economy

Apple Music
Speaking of numbers, Apple Music announces a catalog of 100 million tracks. More info on Complete Music Update. Apple Music became the official sponsor of the Super Bowl halftime show. More info on TechCrunch. The company is also about to launch a Classical music streaming app. More info on Digital TV Europe. Mercedes-Benz is the first manufacturer to deploy Apple Music’s Spatial Audio system in its cars. More info on Engadget.

Audius
Web3 music streaming platform Audius acquires virtual concert platform SoundStage.fm. More info on Music Business Worldwide.

ByteDance
Music streaming giant ByteDance plans to expand into music streaming to take on Spotify. More info on le Wall Street Journal.

Chartmetric
Data analytics company Chartmetric acquires UK startup onesheet. More info on Music Business Worldwide.

Deezer
Driift acquires Dreamstage, backed by a £4 million investment from Deezer. More info on Music Ally.

Dolby Atmos
Abbey Road Studios launches a new suite designed for mastering music in Dolby Atmos. More info on Music Week.

Napster
Napster reveals its funding, its web3 investment arm and its new CEO. More info on Music Ally.

Pinterest
Pinterest strikes deals with Warner, Merlin and BMG to expand the music experience on the platform. More info on Music Business Worldwide.

Spotify
The streaming platform now gets its Netflix series. More info on The Verge. Spotify has acquired content moderation company Kinzen to address the platform’s security issues. More info on TechCrunch. Spotify is composing songs for brands like Mastercard and Wendy’s. More info on Marketing Interactive.

Triller
Triller raises $310 million to go public. More info on dot.LA.

Twitch
Twitch cuts the amount its biggest streamers earn from subscriptions. More info on The Verge.

New Features

Apple Music
Apple Music launches a new app for Xbox consoles. More info on Windows Central. Apple Music for Artists adds new features. More info on Music Ally.

Amazon
Amazon Music and Music Ally launch Amazon Music for Artists Pro Series. More info on Music Ally. Amazon launched a weekly livestream concert series on Prime Video. More info on TechCrunch.

Bandlab
After reaching the 50 million user mark, the social music creation platform BandLab is launching a premium service for its users, including tools for analysis, marketing campaigns, etc. More info on Music Business Worldwide.

Deezer
The streaming platform announces that it can now identify the songs you hum. More info on MusicRadar.

Instagram
Instagram Stories under 60 seconds are no longer broken up into clips. More info on TechCrunch. Instagram expands its new option for multiple links in bio. More info on Social Media Today.

Meta
Meta announces a dedicated Facebook app to allow reel sharing via third-party apps. More info on Social Media Today.

Spotify
Spotify may be about to launch a platinum subscription with better audio quality. More info on The Verge. Spotify’s GetReadyWithMusic program creates playlists based on your outfits. More info on StyleCaster.

Soundcloud
The new SoundCloud for artists suite will connect creators with their biggest fans. More info on The Verge. SoundCloud launches a music bot on Discord, which aims to aid discovery and playing of music. More info on Complete Music Update.

TikTok
TikTok adds a photo mode for still images and longer captions for videos. More info on Social Media Today. And launches Profile Kit to add up to six videos on other sites, integrating Linktree first. More info on TechCrunch. TikTok is about to launch live shopping in the U.S. More info on TechCrunch.

Twitter
In its turn, Twitter also launched the scrolling video player, like TikTok. More info on The Verge.

YouTube
YouTube Shorts adds narration voice overs, a popular feature on TikTok. More info on TechCrunch. On channels, YouTube launches @handles, another way to promote its presence on the platform. More info on Social Media Today.

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