Music Business News: Chile News Sony Music and CTS EVENTIM acquire two ticketing firms in South America via joint ventureEVENTIM joint venture to acquire majority stakes in Punto Ticket in Chile and Teleticket in Peru Analysis News ‘Super listeners’ make up 2% of artists’ monthly listeners on Spotify, but account for over 18% of monthly streamsSpotify publishes a study on what it calls 'Super listeners' aka superfans Analysis News Spotify says it can hit 1bn users globally by 2030. But its MAU growth is slowing in Latin America.MBW analysis shows that Spotify's LatAm MAU growth was smaller in 2021 than it was in 2020 News Hi-Res music service Qobuz expands into Latin America and PortugalQobuz is now available in 25 countries News PortalDisc App is a new a ‘hyper-localized and hyper-targeted’ music streaming service in ChilePlatform offers 130,000 Chilean songs from 300 national labels and more than 7,000 independent artists, News Music startups saw funding levels sink by 67% in 2020 (report)Funding for music startups fell from over $1bn in 2019 to $328.9m last year News Spotify users in Santiago, Chile are responsible for 400m reggaetón streams on the platform each monthListeners in Santiago are responsible for 10% of the world's reggaetón streams News Spotify expands pilot of Premium Duo plan into 14 new Latin American countriesPlan is available in all Latin American countries that have Spotify except for Brazil1 2 Next
News Sony Music and CTS EVENTIM acquire two ticketing firms in South America via joint ventureEVENTIM joint venture to acquire majority stakes in Punto Ticket in Chile and Teleticket in Peru
Analysis News ‘Super listeners’ make up 2% of artists’ monthly listeners on Spotify, but account for over 18% of monthly streamsSpotify publishes a study on what it calls 'Super listeners' aka superfans
Analysis News Spotify says it can hit 1bn users globally by 2030. But its MAU growth is slowing in Latin America.MBW analysis shows that Spotify's LatAm MAU growth was smaller in 2021 than it was in 2020
News Hi-Res music service Qobuz expands into Latin America and PortugalQobuz is now available in 25 countries
News PortalDisc App is a new a ‘hyper-localized and hyper-targeted’ music streaming service in ChilePlatform offers 130,000 Chilean songs from 300 national labels and more than 7,000 independent artists,
News Music startups saw funding levels sink by 67% in 2020 (report)Funding for music startups fell from over $1bn in 2019 to $328.9m last year
News Spotify users in Santiago, Chile are responsible for 400m reggaetón streams on the platform each monthListeners in Santiago are responsible for 10% of the world's reggaetón streams
News Spotify expands pilot of Premium Duo plan into 14 new Latin American countriesPlan is available in all Latin American countries that have Spotify except for Brazil