IT’S A STREAMING WORLD AND WE’RE JUST LIVING IN IT: Over the past few months we’ve covered the US Record Label’s return to profitability due to the surge in streaming royalties. Now a research firm called Strategy Analytics takes the growth one step further by forecasting streaming’s impact on global label royalties out to 2022. The prediction is pretty shocking – ad supported royalties growing by 2.5x to $1.9B and paid subscription royalties growing by 3.5x to $9.5B. While the methodology used to come up with these numbers isn’t totally clear, stats like smartphone proliferation and streaming service distribution in 2nd and 3rd world countries were factored in. Even if these numbers are close to accurate, it’s safe to say we’ll be living in music streaming world within the next five years. http://rainnews.com/streaming-pegged-to-dominate-global-mobile-music-market-by-2022/
A DATA MARRIAGE: And finally, yesterday news broke about Salesforce’s acquisition of Krux. This is a pretty smart move for SF who needed a DMP like Krux to self-monetize the data it already possessed in its Salesforce Marketing Cloud (SMC). In fact, up to now SF has been selling its data to DMPs like Oracle and Adobe. Now they’ll be able to leverage the power of that data within their own ecosystem. As you probably know, Krux has a data partnership with Pandora. I wouldn’t expect this M&A to change anything about that arrangement. But we may see enhanced offerings from Krux once the SMC data is incorporated. http://adexchanger.com/data-exchanges/salesforce-buy-krux-closing-ad-tech-gap-rival-marketing-clouds/?mkt_tok=eyJpIjoiTm1ZM016Z3lZakptWkRVdyIsInQiOiJpdm03cmFmemVBZUVlXC9zaUxvSGFLRHNXOWJKWFB4S3pNYTlaOFJZSjNGeVdkV1RGRnd6YjVqVk9JcHB6SjNWaU4xU0IxcE8yWE1GazdnUGRwZFwvZFRWRjMxb0tyVitDck5paFZITXM3c2EwPSJ9
Have a great Tuesday guy!