Disney veteran Rebecca Campbell will succeed him as chairman of director-to-consumer and international. Kevin Mayer, the Disney executive who oversaw the launch of the streaming service Disney+, is leaving his post at the entertainment giant to become CEO of the fast-growing social media app TikTok. Disney veteran Rebecca Campbell will succeed him as chairman of director-to-consumer and international. “I am very proud of what our extraordinarily talented direct-to-consumer and international team has accomplished in creating and delivering a world-class portfolio of streaming services, particularly Disney+,” Mayer said Monday in a statement. Mayer joins TikTok at a pivotal moment for the app, which is owned by Chinese conglomerate ByteDance. Less than three years old, it has bee...
From Dua Lipa to Blue Oyster Cult to Joan Jett & The Blackhearts, bands have been figuring out how to perform remotely during the pandemic. Blue Öyster Cult has played its rampaging-beast classic “Godzilla” 2,270 times, in theaters and casinos, at state fairs and festivals — the first time at the Maple Leaf Gardens, in Toronto, on June 21, 1977, and the last time at Robins Theatre, in Warren, Ohio, on March 8. But until late April, the pioneering hard-rock band’s five members had never done it remotely from their homes, during quarantine, mixed together into a YouTube grid of separate rectangular boxes. “We basically treated it like a gig,” says Richie Castellano, the band’s guitarist and keyboardist, who produced the “lock-down” ve...
The Chinese music streaming company took a hit, but still grew earnings 27.4% year-over-year. Tencent Music Entertainment (TME), the Chinese music streaming company with 657 million monthly listeners, took a hit from the coronavirus pandemic in the first quarter but was able to grow both music subscribers and revenue. According to the company’s earnings report released Monday, Q1 music revenues leapt 27.4% year over year to $288 million while monthly average users grew 0.5%. Even though the pandemic led people to spend more time with entertainment, TME’s social media revenue rose just 3.3% even though 256 million people, a 13.3% gain, used its social app, WeSing. Still, music is a relatively low earner for TME; social media delivered an average revenue per media revenue per user of $15.65 ...
As Google looks to phase out its music streaming service Google Play by the end of the year, it has begun the process of migrating users over to the Google-owned YouTube Music. Starting today (May 12), Google Play users can expect an email instructing them on how to easily transfer their music libraries, listening histories and playlists to YouTube Music. All users’ Google Play podcast subscriptions, on the other hand, will be moved over to the company’s free Google Podcasts app. Google says in a press release that users will continue to have access to both services until it officially kicks Google Play to the curb later this year. Paying Google Music subscribers will be automatically granted the equivalent tier on YouTube Music, at the same price. As it retires Google Play, th...