Music tourism generated £3.1 billion in spending in the UK last year, as 9.5 million music tourists attended live music events. And there were more than half-a-million overseas music tourists visiting the UK, a demographic which has spiked 39% since 2011. The average spend by and overseas music tourist in the UK? That would be over £750, according to UK Music’s Wish You Were Here 2015 report.
Saavn, India’s answer to Spotify, has just raised $100 million in funding from VCs and plans to use the cash to build out its music-streaming offering. Saavn’s music catalogue has tracks from 900 labels and boasts music in 11 languages. Hindi accounts for 65% of Saavn listening, English 15% and Punjabi 5%.
Three-quarters of 18-to-34 year-olds head to news brands for a balanced viewpoint and close to 80% says their news source introduces them to stories they wouldn’t otherwise read, according to the Generation News survey conducted by Newsworks and the University of Bath. The report also found that the news habits of millennials and boomers are more influenced by engagement and interest in news than by their generation group.
Amazon has rolled out Launchpad, a new marketplace for products supplied solely by start-ups, and is partnering with a raft of Silicon Valley VC firms, including Andreessen Horowitz and Y Combinator, to help it identify outfits and goods for the new online destination. Launchpad start-ups will get their own, dedicated product pages and consumers will be able make pre-orders for items through Amazon, which will deal with the shipping side of the business.
Aussie music streamer Guvera has opened up its House of Guvera content division in downtown Los Angeles, promising that the location will serve as a creative and event space for artists, musicians and brand partners, hosting live performances with established and emerging artists. Guvera also says House of Guvera will offer curation and creation of original content, “to create deeper more engaging experiences on the Guvera streaming platform”.
The number of global ‘Mobile Addicts’ – consumers who launch apps 60 times or more a day – hit 280 million in the second quarter of 2015, up from 176 million in the same quarter last year, according to Flurry Mobile. “Just to put things in perspective, if the number of Mobile Addicts there were in 2014 had been the population of a country, such country would have been the eighth-largest in the world last year, slightly below Nigeria,” says Flurry.
There were seven newcomers to the BrandZ Top 100 Most Valuable Global Brands this year and, reflecting the shift away from Europe and North America, three of those brands are Chinese, plus one each from Australia, India, Japan and the US. And a trio of them are also telecoms providers, in the shape of Australia’s Telstra, SoftBank from Japan and China Telecom, while Chinese telecoms supplier Huawei also features in the ranking.
Netherlands-based Fairphone has begun accepting orders for its new ethical smartphone. The device has a new modular architecture so that users can easily replace damaged components like screens without having to send then to the repair shop, while it also boasts non-conflict metals. The first Fairphone shifted 60,000 units and the company is looking to sell 15,000 Fairphone 2s – which carry a €525 price tag – in the pre-order period up to end-September.