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Apple Wallet began offering users a new ticket experience with information like venue maps, local weather forecasts, and recommended Apple Music playlists integrated directly in the wallet. Google Wallet also beefed up its event ticket feature in an August rollout, letting users digitize physical tickets by scanning them in the app. But subscription management features didn鈥檛 catch on.

Sephora鈥檚 new Hulu docuseries examines the dynamic interplay between beauty and music: The show is part of a broader strategy to meet consumers wherever they are.

This year, YouTube Premium (28.6% of subscribers) will take over Apple Music (28.4%). While Spotify鈥檚 share of the digital audio market as a whole will shrink slightly, its podcast listener share is increasing. This year, 27.3% of US podcast listeners will listen on Spotify, and that figure will increase to 28.9% next year.

With 82.3% of streaming hours, Twitch leads the industry but faces stiff competition from YouTube鈥檚 talent poaching and new platforms.

Entertainment: Includes amusement and recreation, box office, film, music, sports, OTT video platforms, and video games (excluding video game hardware).

TikTok has been both a competitor and collaborator to entertainment providers, particularly in the music industry and Hollywood. Platforms like Netflix and Spotify would likely gain users and time spent if the ban goes into effect, but they would also lose an important marketing vehicle. Individual musicians and artists who rely on TikTok for discovery would be hit even harder.

On today's episode, we discuss how Spotify beat expectations, why a price hike is inbound, and the audio streaming company's relationship with artificial intelligence (AI). "In Other News," we talk about AI-powered ads for Google and whether Peacock can survive the streaming wars. Tune in to the discussion with our analyst Daniel Konstantinovic.

This division comprises online subscriptions, such as iCloud and Apple Music, not to mention significant revenues from Google for being the default search engine on Safari. Lauding the segment's performance, Cook noted that major services including the App Store, iCloud, and Apple Music set internal records.

Services, which includes iCloud, Apple Music, and the App Store, raked in $26.3 billion, a 13.9% YoY increase. Wearables revenues declined 1.7% YoY to $11.75 billion. Despite the iPhone 16 launch in September, iPhone profits declined 1% YoY. The company reported $124.3 billion in quarterly revenues last week, up a modest 4% YoY.

YouTube is the flagship of all of Google's activities in video and music and gaming. Google's thrust to evolve from search to video and connected TV, all of that flows through YouTube. Even the live TV product, though it hasn't been a money maker yet for Google, it's inextricable with the YouTube brand.

We know that food and beverage has some of the lowest e-commerce penetration at like 7% according to our forecast, whereas books, music, and video have closer to 70% e-commerce penetration. So the stores need to have in those touch-it, see what that apple looks like.

Slideshow Ads are a form of video ads that include multiple images and can be paired with music and text. When is this format useful? Slideshow Ads offer that dynamic entertainment factor of videos when you don鈥檛 have the time or money for a full production, as they are generally less expensive to produce than video ads, and they can be created faster through existing or stock images. Carousel Ads.

I mean, music remains the main thing, but I think that they are swinging for that next format that will increase time spent, and that can also offer them a lot of valuable ad space, because they're under a lot of investor pressure quarter after quarter to increase ad revenues, since right now they primarily rely on subscriptions. Marcus Johnson:.

The news: TikTok is evolving beyond entertainment, with consumers using it as a search engine for information, recipes, music, and more, per an Adobe study. Nearly 10% of Gen Z users now prefer TikTok over established search engines like Google when looking for information鈥攕uggesting it is gaining trust and usability as a reliable source of information.

The year of streaming price hikes: Streaming services became more expensive than ever in 2023, leading to a focus on bundles and cheaper AVOD tiers.

Advertisers and creators are testing the waters of other short-form video platforms in case the ban goes through, but TikTok has still struck major partnerships with brands like Shopify, Universal Music Group, and others, a sign that brands are relatively unfazed. Users also aren鈥檛 worried.

Delta is partnering with Viasat and T-Mobile to offer free high-speed Wi-Fi for video streaming and other broadband uses on its planes. It will be free for all Delta SkyMiles members. Why it matters: Better connectivity in new areas creates new audiences for media鈥攁nd possibly new services as well. Key Takeaways for Media Companies and Marketers.

AI-generated music is starting to populate Spotify, reducing engagement and earnings for human creators. Rapidly evolving model capabilities make it hard to spot. If these new genAI tools catch on with YouTube creators, thumbnails and headlines could be monotonous or repetitive. This could both dilute creative work on the platform and cause some videos to disappear from recommendation algorithms.

Walmart has made its store more accessible, offering low-sensory shopping times during the 2023 holiday season for customers sensitive to music and light in-store, said our analyst Sarah Marzano. The No. 1 reason respondents to a CivicScience survey said they鈥檇 shop online this holiday season was to avoid crowds. 2. Offering excessive discounting.

How do we change out the music and then increase the output of [this type of] content that TikTok and Facebook are hungry for?鈥�. A word of caution: AI can be incredibly helpful to marketing teams to jump-start the creative process, but it still requires human oversight to be successful. 鈥淵ou need a human copilot with AI, you can鈥檛 let it run wild,鈥� said Phan. 鈥淚 think that鈥檚 one of the key learnings.

Most retailers already have sound systems in stores, and customers are accustomed to hearing music or announcements while they shop. Technology companies like Qsic are partnering with retailers to develop regionally targeted, contextual audio advertising programs. Existing digital screens are a natural fit for early in-store retail media testing.

Alexa+ will come with improved conversation skills, music playback, and a price tag of $19.99 per month. It鈥檚 included in Prime memberships at no additional cost. The assistant, powered by Anthropic, will be able to analyze images, create smart home routines, and execute tasks like purchasing concert tickets or ordering groceries.

While several perks are offered via Amazon-owned businesses like Prime Video and Amazon Music, the retailer has sought to broaden Prime鈥檚 utility by expanding its offerings beyond its ecosystem. For example, in addition to free membership in Grubhub+, it offers fuel discounts at roughly 7,000 bp, Amoco, and ampm locations across the US.

Looking back: Sonos pushed out an app update May 7 that removed local music library support, alarm and sleep timer feature, and upcoming song queue editing. The update replaced the previous app version, preventing users from reverting to a clean version.