News & Noteworthy (Week of July 19)
A lot goes on in our world each week — some news you may catch, and some may slip by your radar. Below are a few articles that caught our attention, and we didn’t want you to miss ’em!
Audio Streaming Beats CDs in Germany: According to Billboard, “Audio streaming now represents nearly half of revenues and has replaced CDs as the largest sales segment on the German record market.” Wolfgang Spahr reports: “From the late 1980s on, CDs enjoyed an almost 30-year reign as the dominating format of music consumption.” The article also states that the second-biggest growth segment is video streaming. Spahr quotes Bernd Dopp, President, Warner Music Central Europe: “We’re pushing ahead with our strategy of investing in A&R, signing and promoting the local artists who are helping to grow the streaming market.”
Cirque du Soleil Joins Forces With Paw Patrol Live!
Linda Deckard reports for Venues Today that Cirque du Soleil Entertainment Group has acquired VStar Entertainment, which includes Paw Patrol Live! and Neil Goldberg’s Cirque Dreams. Deckard points out two of the benefits for VStar of being acquired by CDS: access to a global platform and more capital. For Cirque, Deckard adds, “the addition of VStar brings a new venue type and a new audience type — kids and families.”
Springsteen Special Coming to Netflix: Variety reports that “Bruce Springsteen’s one-man show Springsteen on Broadway is coming to Netflix as a special to bow Dec. 15, the final night of the rock legend’s run.” Springsteen on Broadway has been a phenomenal success. The article explains: The show “opened last October to rave reviews and sold-out crowds. Springsteen extended his run three times, and is now scheduled to finish off with 236 performances … The two-hour show features Springsteen performing on acoustic guitar and piano and spinning yarns from his 2016 biography Born to Run.”
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