MBW’s Stat Of The Week is a series in which we highlight a single data point that deserves the attention of the global music industry. Stat Of the Week is supported by Cinq Music Group, a technology-driven record label, distribution, and rights management company.

Web3 music platform Public Pressure has raised USD $6 million in its new round of funding led by digital asset manager Scytale, which invests in blockchain solutions.

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.