Former CNN CEO Jeff Zucker has launched a joint venture with private equity firm RedBird Capital Partners and Abu Dhabi-based International Media Investments to acquire and invest in “large scale media, entertainment and sports content properties” on a global scale.
Chartmetric has told MBW that the improvements and additions within the recent ‘V2’ update to its platform reflect not only the need for increasingly granular data, but also the ongoing shift in balance of emphasis from artists to tracks. As well as categories such as genre, audience, Spotify streams, YouTube views, TikTok posts, Shazams etc., ‘Tracks List’ results can be filtered by growth metrics (100-1K% 7-day change, for instance) to instantly highlight fast-rising tracks.
Streaming service Deezer has published its latest financial results, revealing that its revenues grew by 12.1% year-on-year in the first six months of 2022. That meant revenues of €219.4m ($219.6m) split between Deezer’s consumer business (up 12.2% to €155m) and its B2B revenues (up 7.9% to €57.6m). Its home country France accounted for €132.4m of Deezer’s revenues in the first half of this year though: 60.3% of the total, only slightly less than the 60.9% for the same period last year.
Through the sheer weight of on-platform promotional power, YouTube has driven its Shorts format to 30bn daily views. Now it’s ready to start pulling the levers to make money from that through advertising.
“Since 2020, the portion of our Global Weekly Top Songs Chart represented by catalog has increased by 155%,” explained the streaming service. “As of 2022, almost a third of charting songs are catalog.” That’s up from 13% in 2020 and 23% in 2021.
The company says that it analysed 77.6m Instagram posts to compare their performance. It found that Reels were 22.1% of those posts, compared to 42.2% that were images, 26.2% that were carousel posts, and 9.6% that were non-Reels videos. However, Reels accounted for 35.4% of the likes for all this content, and 33.8% of the ‘estimated reach distribution’.
