Bumper Bites

Can Virtual Concerts Be A Good Substitute For Touring?

Market Trends:
Live Nation To Increase Burden On Artists For Live Concerts In 2021

As Live Streaming Grows, Focus On Proper Licensing Grows As Well

UMG Becomes First Major To Expand Into Israel And Morocco

SiriusXM Acquires Simplecast, Becoming An All-In-One Podcast Platform

Big Winners:
BTS Earns $20 Million From One Virtual Concert

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Entertainment Industry – Adapt Or Die

Market Trends:
Coachella And Stagecoach Postponed To 2021
Country Music Streaming See Biggest Streaming Increases
Scooter Braun And Entertainment Celebrities Invest In Virtual Concert Startup Wave
Creator – New AI-Driven Tool That Produces Higher Quality Content More Efficiently

Big Winners:
Kenny Mason

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IPOS & #theshowmustbepaused

Market Trends:
Warner Music’s IPO Enjoyed A Positive First Week
#Theshowmustbepaused
Merge Records Signs Neighboring Rights Deal With PRO Agency
Spotify For Artists Adding More Features
Amazon Pushing Into Podcasting With Audible Brand

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Are Live Music Events Back?

Market Trends:
YouTube’s Foundry Selects 2020 Batch
Joe Rogan’s Exclusive Contract With Spotify Increased Spotify Valuation By $4B (8.56%)
Bipartisan Push For More Transparency Behind SBA Loans

Big Winners:
Dyal Capital Partners Looks To Purchase Minority Stakes In NBA Franchises

Live Concert Updates:
First Music Venues Experimenting With Live Concerts Again At Reduced Capacity

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AI Music Coming Soon?

Market Trends:
Independent Festivals In Big Trouble From Lack Of COVID-19 Insurance
AI Song Contest Announces Winner
Houseparty: A 3-Day Virtual Concert That Encourages Watch Parties

Big Winners:
Broadway Enters Online Streaming Universe

Music Venue Updates:
Troubadour Struggling To Stay Open

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Are Drive-In Concerts In?

Market Trends:
Drive-In Concerts: The New Live Concert Alternative?
COVID-19 Impact Aside, Streaming Market Optimistic
Disney Considering No Theater Releases

Big Losers:
Monetization Of Short Films And Series

Notable Deaths:
Little Richard Died At 87 From Bone Cancer

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Should The Music Industry Follow The Video Game Industry?

Market Trends:
Universal Studios Brings Record Online Streaming Revenue At Theaters’ Expense
Spotify’s Premium User Base Increased By 6M In Q1 2020/ What This Means For Streaming
Streaming Leading Australian Music Industry Success

Big Winners:
Artists X Video Games

Market Shifts:
Proposal To Restructure The Music Industry Like Epic Games

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Are Live Events Over For 2020?

Market Trends:
Spotify Launches “Artist Fundraising Pick”
800 Music Venues Band Together Asking For Additional Congressional Support
Netflix Adds 16 Million New Subscribers During Quarantine

Big Winners:
Madonna And Tyler Perry

Big Losers:
Large Gathering Events

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