How do you measure the value of a theatrical picture on a streamer? Measuring the value of TV series across linear and streaming is intuitive because streaming views and TV ratings are based on the number of people consuming content. Translating streaming views to dollars was a centerpiece of the 2023 strikes because talent felt that they were not being adequately compensated for streaming hits. The result was a metric that rewards content produced for a streamer that garners views representing at least 20% of U.S. subscribers in the first 90 days of release. Theatrical films are harder to compare apples-to-apples, because theatrical releases are measured first and foremost by box office revenue. Read more of Carolyn Finger's analysis here: https://lnkd.in/gR3etJg2
Luminate
Data Infrastructure and Analytics
Los Angeles, California 6,303 followers
Luminate is the world’s most trusted global data provider, unlocking entertainment’s most essential data.
About us
Luminate is the preeminent entertainment data and insights company, unleashing access to the most essential, objective, and trustworthy information across music, film and television, with data compiled from hundreds of verified sources. Today, the company maintains its more than 30-year legacy of accurate storytelling by powering the iconic Billboard music charts, while also acting as the premiere database for the television and film industries. Working closely with record labels, artists, studios, production companies, networks, tech companies, and more, Luminate offers the most valued source of comprehensive, independent, and foundational entertainment data that drives industry forward. Luminate is an independently operated company and a subsidiary of PME TopCo., a joint venture between Penske Media Corporation and Eldridge.
- Website
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http://luminatedata.com
External link for Luminate
- Industry
- Data Infrastructure and Analytics
- Company size
- 51-200 employees
- Headquarters
- Los Angeles, California
- Type
- Privately Held
- Founded
- 2020
- Specialties
- entertainment, music, data, television, film, film production, analytics, recording industry, music data, and entertainment data
Locations
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Primary
Los Angeles, California 90036, US
Employees at Luminate
Updates
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It's no secret that short-form video platforms have become a dominant force in entertainment. Luminate's consumer research data now shows that the average U.S. consumer spends more time on these platforms than engaging in traditional activities like sports and reading, making it a crucial platform for reaching audiences – especially in the breakneck-paced entertainment industry. Our consumer research data also shows TikTok remains the leader among music listeners. However, YouTube Shorts is rapidly gaining ground, signaling a shift in the competitive dynamics of the #shortformvideo ecosystem. Read more: https://lnkd.in/g2k6tuDT
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When we published our Global and U.S. Audio Track Streaming Pyramids for the first time in 2023, one of the questions we received was, “This is fascinating, but can you tell us what’s happening inside these different rank thresholds?” Well, in Luminate’s 2024 Midyear Music Report published last month, we looked to provide more insight throughout the different rankings, but with a couple changes…we converted the streaming tiers to be based on number of artists rather than ISRCs, and we analyzed for the distributor listed on the artist’s most streamed track. Read more: https://lnkd.in/g5tHbQpj
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This past May, The Walt Disney Company and Warner Bros. Discovery announced they would begin offering a Disney+/Hulu/Max bundle, prompting questions: How does a mega-bundle like this impact each participating streamer? And, does this combined force create a true, existential threat to Netflix? Luminate’s Film & TV data gives us some interesting insight. Read more: https://lnkd.in/erYBnz2E
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Luminate reposted this
Netflix's "The Union" was No. 1 on the Variety Streaming Originals Film Chart for the week of Aug. 16-22, logging 1.7 billion minutes watched. https://bit.ly/3WTYIcc
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Luminate reposted this
“American Murder: Laci Peterson” was the most-watched streaming original TV series in the U.S. Aug. 16-22, which marked its first full week of availability, per Luminate. https://bit.ly/3WTYIcc
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Between the music of Charli XCX’s Brat (and its accompanying “Brat Summer”), Post Malone’s “I Had Some Help” and Sabrina Carpenter’s “Espresso,” 2024 has produced several strong contenders for the “Song of the Summer” in the U.S. But what about "genres of the summer"? In a new analysis, we explore which genres U.S. consumers listen to the most when trying to beat the heat through the summer months. Read more: https://lnkd.in/eV_M8DHj
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Mark your calendars! We are hosting a virtual training of our next generation music analytics platform. Hosted by Haley Jones, Head of Independents, and Paul Tuch, Director of Canadian Operations, we will cover exciting new enhancements.
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With the 2024 #SummerOlympics in the rearview, it is undeniable that the event brought significant attention to NBCUniversal’s streaming platform, Peacock. Since 2011, NBCUniversal has held exclusive U.S. broadcasting rights for the Olympic Games, an agreement in effect until 2032. Undoubtedly, this contract was on the minds of executives as Peacock debuted in 2020. Out of the gate, the platform sought to jump into the original content arena with series like Dr. Death and Poker Face. While these titles received critical acclaim, the releases seemed to have had little effect on wrangling new subscribers. As of July, the platform has an estimated 34 million subscribers — modest when compared to its competitors. Read more: https://lnkd.in/eNgPa2E4
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Happy #NationalRelaxationDay from Luminate 🧘♀️ Did you know that the artist known as Pure Relaxing Vibes has over 140 million On-Demand Streams in the U.S. so far in 2024?