Music Business Worldwide
Fortnite Festival and Spotify's $10k earners: Talking Trends
Mar 29, 2024
In this episode of Talking Trends, music gaming expert Charlie D'Atri joins Tim Ingham to discuss Fortnite's music festival, Spotify's $10k earners, and the impact of non-English artists. They explore Fortnite's in-game music store, Epic Games' acquisition of Harmonix, and global artist earnings on Spotify. The conversation delves into the evolving music industry landscape and the growing importance of diverse revenue streams.
18:14
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Quick takeaways
- Fortnite's integration of a music store in the game has created a new revenue stream for major labels and enhanced interactive music experiences for players.
- Spotify's data shows that over half of $10k+ earning artists in 2023 come from non-English speaking countries, reflecting the platform's global inclusivity and support for diverse music.
Deep dives
Fortnite's Influence on the Music Industry
The podcast discusses the significant impact of the Fortnite video game on the music industry. The integration of a music store within Fortnite where players can purchase individual songs for gameplay has created a new revenue stream for major music labels like UMG and Sony Music. The collaboration between Epic Games and Harmonix, known for Rock Band, has revitalized the interactive music experience within Fortnite and expanded the audience's interaction with music through the game's diverse musical offerings.
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