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- ROUNDUP: African Artists Are Making Notable Contributions to Major Labels' Revenue Topline
ROUNDUP: African Artists Are Making Notable Contributions to Major Labels' Revenue Topline
This is roundup of the creator economy in the last seven days; ensuring you stay ahead — and mindful — of industry events and dynamics.
Hello there,
I think we're starting to find our rhythm again and getting our email mojo back. How's your week been?
First, let's look into the Afro-Latin collaboration trend that's been making the rounds in Nigerian music lately. It's worth considering how effective these link-ups are and what benefits they actually bring. I've shared some insights on this in a 6-minute clip, but if you're short on time, I've also provided a summary below.
Question would be: Has the Afrobeats/Latin collaboration been effective? What does success look like? Is it making sense revenue-wise?
Quick answer:
- Most likely, yes
- About 70% (32) of Ayra Starr’s top 50 cities on Spotify are Spanish-speaking. Rema’s and Joeboy’s third and second most popular songs on Spotify are Spanish collaborations.
- Revenue-wise, it arguably makes sense — at least compared to what could be generated within Africa. Latin America remains Spotify’s third-largest region for premium subscriptions (where the money is) and MAUs, just behind North America and Europe.
Here are other things you might have missed while we were away
TOP STORIES
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According to Spotify's Managing Director, Jocelyne Muhutu-Remy, Christian podcast streams on Spotify in Nigeria have grown by 482% since 2022.
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Until next time?