Music Business News: Kenya News Recording Academy to expand in Africa and Middle EastThe expansion aims to provide educational resources, advocate for intellectual property rights, and celebrate the musical heritage of these regions News Africa-focused streaming service Mdundo reports 41% jump in active users, as Nigerian currency crisis pressures revenueThe Nigerian naira fell 38% in Q1, putting pressure of Mdundo's revenue even as user growth continued unabated News Spotify challenges YouTube, launching music videos for Premium users in 11 marketsThe 11 markets include the UK, Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, Philippines, Indonesia, and Kenya. News Africa-focused music streaming service Mdundo hits 30.8M monthly active usersThe company reported a steep drop in ad revenue, but large growth in paid subscribers News Africa-focused music streaming service Mdundo reaches 26.6m Monthly Active UsersMdundo also reported a 239% YoY jump in revenue from paid subscriptions News African music streaming service Mdundo forecasts 35% MAU growth in upcoming fiscal yearMdundo said it expects to hit 35 million MAUs in FY 2023-2024 Analysis News African music service Mdundo’s monthly active users reach 21.5m, up 107% YoYMdundo has published its quarterly report for calendar Q3 2022 Interviews ‘I’m confident that in the future, 15-20% of all music on the global charts will be by African artists.’MBW’s World Leaders series interviews Martin Nielsen, CEO of African music streaming service Mdundo1 2 Next
News Recording Academy to expand in Africa and Middle EastThe expansion aims to provide educational resources, advocate for intellectual property rights, and celebrate the musical heritage of these regions
News Africa-focused streaming service Mdundo reports 41% jump in active users, as Nigerian currency crisis pressures revenueThe Nigerian naira fell 38% in Q1, putting pressure of Mdundo's revenue even as user growth continued unabated
News Spotify challenges YouTube, launching music videos for Premium users in 11 marketsThe 11 markets include the UK, Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, Philippines, Indonesia, and Kenya.
News Africa-focused music streaming service Mdundo hits 30.8M monthly active usersThe company reported a steep drop in ad revenue, but large growth in paid subscribers
News Africa-focused music streaming service Mdundo reaches 26.6m Monthly Active UsersMdundo also reported a 239% YoY jump in revenue from paid subscriptions
News African music streaming service Mdundo forecasts 35% MAU growth in upcoming fiscal yearMdundo said it expects to hit 35 million MAUs in FY 2023-2024
Analysis News African music service Mdundo’s monthly active users reach 21.5m, up 107% YoYMdundo has published its quarterly report for calendar Q3 2022
Interviews ‘I’m confident that in the future, 15-20% of all music on the global charts will be by African artists.’MBW’s World Leaders series interviews Martin Nielsen, CEO of African music streaming service Mdundo