Xbox Scarlett & PlayStation 5 Are A "Major Leap" Says Ubisoft

The Xbox Scarlett and PlayStation 5 are on their way to the worldwide markets. We’re still a year and a half away from the release both consoles, but developers are already playing with the systems to familiarize themselves with the power each. Developer UbiSt’s Executive Director for EMEA territories Alain Corre spoke with Telegraphrecently about the capabilities the new systems, and had nothing but praise for Microst and Sony. Gamers are low-key expecting there not to be much a difference between the current gen and the next. Maybe a little improvement on graphics and power, but cloud gaming seems to be the main focus Sony and Microst. Corre seemingly confirms that there will be a major difference between the current and next-gen systems though. 

“I don’t know! I really don’t know,” said Corre when asked about whether the PS5 and Xbox Scarlett will be the last home consoles now that cloud gaming is becoming a thing. “We don’t know what the fans will want, we don’t know how streaming will increase… what we do know is that the next generation consoles which have been announced are a really major leap from the current generation, and for us creators, it is fantastic because we have always been very excited in trying to capture the cutting edge what technology can fer.” He continued on to explain why developers are excited to utilize this new technology. 

“Developers want to surprise all the time, to innovate – and technology allows us to go into unknown territories and to bring something fresh,” he continued. “Like in Watch Dogs for example. Thanks to the AI that they are mastering now we are able to bring new gameplay. And if the manufactures this world can go on innovating and pushing the boundaries technologies, then we will be able to create better games and convince more fans and the industry will go on growing.”

 

 

LiveXLive Reaches 720,000 Subscribers, Burning Through $9.8 Million in the Process

LiveXLive Media has posted its financials.

The global streaming company posted $9.2 million in revenue for its fiscal Q4 2019 quarter ended March 31st, 2019, up from $9 million in the previous quarter (its Q3 2019).  Contribution margin also rose to $2.2 million in Q4 2019, up from $1.4 million in the previous quarter.  LiveXLive attributed the growth in revenue and contribution margin to strong subscriber growth.

The global streaming company’s paid subscribers also jumped 52% year-over-year – or a net 233,000 subscribers – to over 680,000 subscribers.  Currently, LiveXLive has 720,000 subscribers.

The publicly traded company, however, continues to burn money.  Operating loss totaled $8.5 million in Q4 2019, up from $7.2 million year-over-year.  Net loss also reached $9.8 million, up from last year’s $9.5 million.  Adjusted operating loss totaled $1.9 million, down $500,000 over Q4 2018.

During its Q4 2019, LiveXLive streamed and produced 5 live events and also made “incremental” investments aimed at driving long-term growth.  These growth activities, however, drove the increases in net loss, operating loss, and adjusted operating loss.

Events included ALTerEGO, EDC Mexico, LiveXLive Presents after the Grammys, LiveXLive Presents at CES Las Vegas, and the Weezer Album Release Party.

For its fiscal 2019 year, the company achieved over 50 million livestreams, 400 artist streams, and 400 hours of live music content stream.  For the first two months of its fiscal 2020, LiveXLive has generated over 20 million livestreams as well as 85 artists and 125 hours of live music content streamed.

Speaking about the company’s financials, Michael Zemetra, LiveXLive’s Chief Financial Officer, explained,

We’re pleased with our accelerated subscriber growth and record financial performance throughout fiscal 2019.  We ended fiscal 2019 with over 50% growth in paid subscribers and launched key sponsorships and programming across our music platform.

“With the year-over-year and sequential improvements in our contribution margins and operating results, we remain well positioned to continue investing in our immediate growth objectives.

With its “incremental investments,” it remains to be seen whether the company can actually post a profit.

 


Featured image by Paul Hohmann (CC by 2.0).

LÜM Closes $1.2 Million In Seed Round Funding to 'Democratize Music'

Startup Live Undiscovered Music, aka ‘LÜM,’ has just procured $1.2 million in funding.

Lüm is spinning a social streaming platform that aims to change the way that new artists stream and promote their music.  The company also wants to transform how fans find, share and generally engage with music itself.

It’s a lofty mission to ‘democratize music,’ though now there’s some fuel to test the idea out.

According to LÜM CEO and co-founder Max Fergus, the company hopes that the platform can help artists who have previously struggled with traditional streaming models. Additionally, the company wants consumers to be able to influence music trends without any other external influencers coming into play.

“LÜM is on a mission to create a platform where artists can finally succeed outside traditional streaming models, and fans can be the sole influencers – determining what music trends hit next.”

LÜM also announced a strategic partnership with Frank Productions. Given its status as one of the largest U.S. concert promoters, Frank Productions has the potential to help LÜM find ways to better connect with live music consumers in addition to those who prefer digital content.

The company says it wants to ‘bridge the gap between live and digital music consumption’.

The LÜM Board of Directors added Frank Productions’ Director of Business Intelligence, Dan Polans, to its ranks.

LÜM says that their platform provides new artists with unlimited uploading and sharing of their digital content. It also offers collaboration tools to facilitate greater creative pair-ups.

For fans, the LÜM app removes traditional audio advertising and premium accounts entirely from the equation.  Fans can also connect directly with artists as superfans and receive exclusive content.

So will it work?   Right now, the concept is in beta.  The company is inviting emerging artists and music fans who want to help LÜM with the creation of this platform to become early testers.  After testing this spring, LÜM plans to officially release the app later this year on iOS first.

Sony Music's 2018 Sales Fall Flat as Revenue Drops Nearly 9% Over Last Year

Sony Music has published its full-year earnings report for its 2018 fiscal year.

For the fiscal year ending March 31st, 2019, the company brought in ¥427 billion ($3.8 billion) in recorded music revenue.  This figure represents an 8.6% drop year-over-year.

In its Q4 2018 (our calendar Q1 2019) report ending March 31st, 2019, Sony Music brought in ¥104.4 billion ($946.3 million) in recorded music revenue, down 5.1% over the same period last year.  The music division of Sony Corp. reported physical revenue plummeted 55.4% to ¥19.5 billion ($176.9 million).  Total digital revenue grew 3.4% to ¥64.6 billion ($585 million).  Of that amount, download revenue declined 31.6% to ¥9 billion ($81.5 million).  Streaming revenue grew 9.2% to ¥55.6 billion ($503.7 million).  Other revenue – including public performance, broadcast, and sync licensing along with merchandise – grew 15.9% to ¥20.3 billion ($184.1 million).

Breaking down Sony Music’s FY 2018 financial report, the major label reported ¥266.8 billion ($2.4 billion) in digital revenue, up 7.3% year-over-year.  Of that amount, download revenue fell 26.9% to ¥39.3 billion ($354 million).  Underscoring its growth has slowed, streaming revenue increased 13.2% to ¥227.5 billion ($2.1 billion).  Physical revenue continues on the decline, dipping 50.8% to ¥89.6 million ($807.6 million).  Other revenue – including public performance, broadcast, and sync licensing along with merchandise – grew 8.5% to ¥70.6 billion ($636.5 million).

For its 2018 fiscal year, the major music label reported an operating income (profit) of ¥232.5 billion ($2.1 billion), up 104.7% year-over-year.

Speaking about its music division, Sony Corp. reported sales remained flat year-over-year.  Sony Music reported higher sales from its music publishing division, Sony/ATV, thanks to its acquisition of EMI Music Publishing.

In the music publishing side, Sony/ATV now owns and administers 2.45 million tracks, up from 2.3 million year-over-year.  EMI Music Publishing owns and administers 2.08 million songs, up slightly from 2.06 million.  In total, Sony now has the rights to 4.53 million tracks, up from 4.36 million year-over-year.

 


Featured image by Sony Music.

Joey Bada$$ Has Announced His New Record Label "Badmind"

Joey Bada$$ has ficially expanded his portfolio. The Pro Era lyricist, who is currently in the midst promoting his upcoming Beast Coast album, has announced the arrival his very own record label, “Badmind.” In the announcement tweet, Joey opened up about the move, teasing the inaugural drop from its first artist N.A.O. Quelly. “Proud to announce the launch my new label #Badmind,” writes the young entrepreneur. “First single from my first artist drops tonight on all streaming platforms. Stay tuned for more.”

Since the tweet surfaced, Joey has made good on his word, dropping f Quelly’s debut look “Mo Betta,” which you can check out on streaming platforms here. While some might wonder whether such an endeavor will have negative repercussions on his Pro Era moves, the answer is no. So fear not, Beast Coast fans. It’s still business as usual.

Congratulations to Joey Badmon for the launch! While his lyrical ability is ten praised, his business acumen can occasionally go unsung. Let this be a reminder that his goals transcend beyond the musical realm. Are you going to be keeping “Badmind” on your radar? 

Joey Bada$$ Has Announced His New Record Label "Badmind"

Kevin Winter/Getty s

Netflix’s "Chambers" Is About Everything That Can Go Wrong Following A Heart Transplant

Netflix has dropped f yet another trailer for a mysterious series set to hit the streaming service. Chambers, starring Uma Thurman and Scandal’s Tony Goldwyn follows the crazy happenings one woman who gets a heart transplant and spends time with the family whose fallen daughter was the heart she was given. 

“It’s just so weird that someone had to die in order for me to live,” Sivan Alyra Rose’s character (Sasha Yazzie_ says in the trailer. The ficial description or the show reads: “A young heart attack survivor becomes consumed by the mystery surrounding the heart that saved her life. However, the closer she gets to uncovering the truth about her donor’s sudden death, the more she starts taking on the characteristics the deceased — some which are troublingly sinister.”

The clip below touches on some those “sinister” recollections, leading us to believe that getting a heart transplant may or may not have been an unplanned event. “I think that one day we’re going to look back and realize that this whole heart attack thing, was the best thing that ever happened to you,” Sasha’s supposed father says in the trailer. 

Watch in full below and catch Chambers on Netflix as April 26th.

Lil Uzi Vert Is Officially Dropping Two New Singles Today

It’s possible that one day, the entire truth surrounding Lil Uzi Vert‘s purgatorial label status will emerge by way six-part docuseries. Until that day comes, we’re left picking up the pieces ourselves. With Roc Nation and Generation Now both playing a role behind the scenes, the rollout for Eternal Atake has been a uniquely convoluted hip-hop storyline. Yet perhaps there is light at the end the tunnel. DJ Drama, who has felt like somewhat an antagonist force where Uzi’s album is concerned, appears to be kicking f a rollout sorts. Taking to IG, Drama has promised not one, but two new Lil Uzi Vert songs. 

Lil Uzi Vert Is Officially Dropping Two New Singles Today

Christopher Polk/Getty s 

The tracks, titled “Sanguine Paradise” and “That’s A Rack,” will be arriving at noon courtesy Generation Now and Atlantic Records. Unlike “Free Uzi,” these two will be appearing on all major digital streaming platforms. Curiously, there’s no mention Roc Nation in Drama’s post, though given that they’re set to be taking a more “managerial role,” it’s unclear whether they’ll be playing a role in Eternal Atake’s rollout. After all, it’s likely that much the album has been recorded already, and Uzi has previously alluded to Drama and Cannon being the primary reasons for the delay. 

Perhaps it’s best to spare the deeper analysis, and simply enjoy the fact that Uzi’s new album looks to be imminent. Check back at noon for the first ficial look at Eternal Atake

Apple Event Live Stream: How To Watch

Every time there’s an Apple occasion, you already know that folks will likely be tuning in. The large firm all the time holds gatherings for press and followers to announce their new initiatives and it seems like right this moment will likely be one other large day for Tim Cook & Co. After tons hypothesis that Apple will announce a model new streaming service, right this moment often is the day the place it is lastly unveiled.

The occasion is already underway and that is how one can tune in. Apple has conveniently added a stay stream to its personal web site, which makes it straightforward to tune in. Click here to have the ability to watch all the pieces that goes down.

Apple Event Live Stream: How To Watch
Justin Sullivan/Getty s

"Black Mirror" Season 5 Casts An Avenger & An "Aquaman" Star

Comic ebook film stars are being scooped up at an alarming price for different fantasy/sci-fi franchises, and Black Mirror is the newest sequence to dabble within the superhero appearing pool. The sequence did have an episode with Black Panther star Letitia Wright, however now they’re increasing their MCU ties. According to DeadlineCaptain America: Civil War and Avengers: Infinity War star Anthony Mackie and Aquaman villain Yahya Abdul-Mateen II have been solid within the upcoming fifth season Netflix’s sci-fi sequence Black Mirror. Mackie and Abdul-Mateen II have already got ties with the streaming big, so it is smart for them to double down on their work with Netflix.  Abdul-Mateen II performed a villain within the canceled Netflix sequence The Get Down, and Mackie has taken lead duties for the brand new season  Altered Carbon. 

The particulars surrounding Mackie and Abdul-Mateen II’s casting have been saved beneath wraps. Netflix pushed again the premiere  Black Mirror season 5 as a result of exhausting and tedious work that was put into the “select your path” episode “Bandersnatch.” Both actors have seen their careers ascend to new heights since becoming a member of the gathering superhero actors, and Abdul-Mateen II is presently in talks to star in Jordan Peele’s Candyman remake. 

Michael Jackson’s Streaming Numbers Crash After "Leaving Neverland" Telecast

According to Billboard, Michael Jackson’s streaming totals have declined for the reason that airing Dan Reed’s Leaving Neverland exposé. Of course, the choice to drag MJ from radio rotation would not intervene along with his streaming totals. It did, nonetheless, have an effect on public notion, though I would say it is nonetheless arduous to gauge what the top objective is right here.

Michael Jackson's Streaming Numbers Crash After "Leaving Neverland" Telecast

Aaron Lambert-Pool/Getty s

Are folks trying to higher their judgment, their social values, or are they merely searching for a scapegoat that’ll preclude them from doing that work for themselves? Either manner, relating to folks’s every day listening habits, would-be MJ followers appear to be coping with emotions ambivalence, and with the curtain drawn, the considerations turn out to be public and thus extra pressing.

For some purpose, R. Kelly‘s equally disturbing innuendo did not have an effect on his backside line till a lot later. Within the span two weeks, MJ’s album streaming totals fell by 39 p.c, that features the work he did as a baby with The Jackson 5. All the information was compiled by Nielsen Music, the main gross sales measurement the music trade has to fer.

Michael Jackson’s nephews are persevering with the character protection their uncle towards their uncle. The Jackson property even has a category motion lawsuit awaiting trial, with HBO sitting on the accusatory bench. Apparently, HBO agreed to an anti-defamation pact with the household once they signed on to supply a 1992 live performance documentary. Hit us together with your ideas within the remark part beneath.

 

Donald Glover Resolves Royalty Dispute With Former Label

A decision has been present in Donald Glover’s authorized dispute with former label Glassnote Records. It was beneath Glassnote that Glover recorded his first three albums as Childish Gambino and in July 2018, the 2 events went to courtroom over royalties disputes. 

According to Glassnote, it owned the copyrights to all the fabric included within the albums and was entitled to 50 p.c the royalties generated from “non-interactive streaming providers,” which interprets to streaming providers like Pandora, Spotify, SiriusXM and others which might be thought-about to be digital radio.

Under the License Agreement, Glassnote is obligated to pay DJR a “Royalty” equal to 50% the Net Proceeds obtained from the exploitation the grasp recordings topic to that settlement. The Net Proceeds are outlined because the “Gross Revenues” that exceed “Deducted Expenses.” Because SoundExchange royalties obtained by Glassnote, because the purported rights holder, are included within the definition “Gross Revenues” beneath the License Agreement, these royalties are topic to the 50/50 Net Proceeds break up. Thus, to the extent Glassnote has obtained …] royalties from SoundExchange, these royalties should be break up equally between Glassnote and DJR beneath the License Agreement, that are separate and distinct from the royalties which might be paid straight by SoundExchange to the “featured artist” (Glover) and the royalties paid to “non-feature d artists.”

Donald Glover Resolves Royalty Dispute With Former Label

Kevin Winter/Getty s

Glover’s personal imprint McDJ maintained that it owned Gambino’s masters and solely licensed them solely to Glassnote, thus entitling Gambino to greater than half the royalties. The breakdown was that 45 p.c the royalties had been to go to the artist, 50 p.c to the copyright proprietor, and the different 5 p.c to non-featured contributors that embody producers and engineers.

Glassnote acknowledged that they had been entitled to 50 p.c digital royalties as half the licensing deal. Glover and McDJ quickly accused the label  breach  contract, good religion, truthful dealing, and fiduciary responsibility, and negligence.

Now, Variety experiences that each events have been in a position to attain widespread floor, settling after submitting a stipulation on Friday. Both events have agreed to toss their fits towards one another and pay their very own legal professional’s charges.

Netflix’ New "Triple Frontier" Trailer With Ben Affleck Is Action-Packed

The first trailer for Triple Frontier arrived a couple of weeks in the past and ever since then, individuals have been excited to see what the hype is all about for the most recent Netflix movie. Last yr, Netflix was on level with their streaming catalog and though Marvel continues to tug their originals from the service, movies like Triple Frontier are making up for the void. 

Starring Ben Affleck, Oscar Isaac and extra, the upcoming film appears to be like set to be an exhilarating, action-packed experience with tons drama to maintain you the entire method by way of. The latest trailer for Triple Frontier is out now and whereas it is not too totally different from the primary showcase, it nonetheless offers a adequate thought what we will count on. An all-star solid plans to rob a South American drug lord in order that they might get pleasure from a brand new life with tons cash. The trailer does not reveal a lot the plot nevertheless it fers sufficient room for there to nonetheless be some thriller when the complete factor drops.

They encounter some difficulties alongside the way in which, as anticipated, and it will be thrilling to see how issues fare. Triple Frontier will probably be accessible for streaming on Netflix on March 6. Will you be tuning in?

"Loki" Series Lands "Rick & Morty" Veteran As Showrunner

In one other world, it is solely attainable that Loki, Rick, and Morty might have crossed paths. In reality, the banter between The Trickster God and Rick Sanchez would have been nothing quick legendary, a battle wits for the ages.  Alas, such a crossover will solely be left to the darkest creativeness sleep-deprived fanfiction writers. The subsequent neatest thing, nevertheless, will quickly be upon us. The upcoming Loki collection, which can premiere solely on Disney’s upcoming streaming service, has ficially appointed Rick And Morty alumni Michael Waldron as showrunner. 

 "Loki" Series Lands "Rick & Morty" Veteran As Showrunner

Kevin Winter/Getty s

Aside from dealing with showrunner duties, Waldron will pen the primary episode, in addition to dealing with government producing obligations. While we have identified that Tom Hiddleston might be reprising his position, it is unclear to what capability his involvement would possibly attain. Still, the notion Rick And Morty author is stepping as much as the plate bodes effectively, a probable affirmation that Loki’s silver tongue will stay his most valued weapon, pause.

Keep a watch out for that Loki collection, which is about to reach with the arrival  Disney+ later this 12 months. Will you be making the transition?

Ariana Grande Fans Are Boycotting "7 Rings" To Boost Other "Thank U, Next" Tracks

Ariana Grande seemingly has probably the most loyal fan base on the market. The “God Is A Woman” singer’s “7 Rings” single is presently sitting at #1 on the Billboard Hot 100 and though her followers are ecstatic concerning the information, they suppose different tracks from her Thank, U Next album deserves the pedestal as effectively. 

The hashtag #Boycott7Rings has began to take over Twitter the place Ariana lovers are urging different followers to cease listening to “7 Rings” and begin streaming her different music “Break Up With Your Girlfriend, I am Bored” so it may have its flip at primary. “y’all are so insane and humorous and i really like u. nothings funnier than ‘boycott seven rings’….. i can’t lmao. no matter’s meant to be will likely be, infants i ain’t goin nowhere,” Ariana tweeted concerning the considerate plan. 

One Twitter consumer explained just why this boycott must occur: “To those that don’t perceive why we’ve to STOP streaming 7 rings, buwygfib NEEDS to debut at #1 to make ariana the one artist in HISTORY to debut three songs at #1. y’all can return to streaming 7 rings after break up debuts at #1.”

Peep extra explanations and reactions beneath, and should you’re a critical Ariana fan as effectively, then be part of the boycott. 

Stream Wiz Khalifa & Curren$y’s "2009" Project

Ten years faraway from their first collaborative venture, How Fly, Wiz Khalifa and Curren$y resolve to return via in the present day and share their long-awaited joint album 2009, which is a reference to the 12 months How Fly got here out. 

Laced with 14 tracks, the comply with as much as Live In Concert options visitor appearances from Ty Dolla $ign and Problem, the latter which who seems on the music “Getting Loose.” Meanwhile, manufacturing is dealt with by the likes Cardo, DJ Fresh, Naija Beats, Harry Fraud and Monstabeatz, amongst others. It consists songs like “Benz Boys,” “Stoned Gentlemen” & “Bottle Poppers” to call just a few. The art work, which is finished by FortyFPS, is in fact a duplicate the New Orleans residence Curren$y and Wiz Khalifa stayed at in 2009 after they recorded the venture.

In assist the venture, the 2 weed fanatics are about to embark on a 22-date North American Tour kicking f later in the present day in Seattle, Washington If you’re all for seeing them, peep tour dates proper right here.

Out now, followers can stream the lengthy awaited venture in its entirety anybody the streaming platforms. Hit play and tell us what you assume.