Five on Friday: Music and OTT Revenue Trends, Ads and Acquisitions
Featuring RIAA, Google, Facebook, Adobe, Marketo and Twitch
In this week’s edition of Five on Friday, RIAA reports mid-year results, revealing that streaming music is dominating music industry revenue, a new report shows that over-the-top TV revenue will jump 26 percent this year to $28.8 billion, Bloomberg says that Google and Facebook will comprise more than half of the digital ad market in 2018, Adobe will acquire Marketo for $4.75 billion, and China has blocked Amazon-owned Twitch.
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