Financials

Warner Music Group Reports Modest 10% Revenue Growth For Q1 2022 — As Digital’s Income Share Decreases

May 10, 2022

Warner Music Group (WMG) posted 10 percent revenue growth for 2022’s first quarter, with digital income having improved by a relatively modest eight percent year over year (YoY). The Big Three record label ... Read More...

Live Nation Reports $1.8 Billion In Quarterly Revenue as 2022 Ticket Sales Surpass 70 Million

Dylan Smith

May 6, 2022

Live Nation (NYSE: LYV) has reported that it turned in the "best first quarter ever" during this year’s opening three months, when revenue jumped from $290.6 million in Q1 2021 to over $1.8 billion in Q1 2022... Read More...

Hybe Posts 59.8% YoY Revenue Growth, Doubles Down On BTS Relationship: ‘We Will Be With Them Until the End’

Dylan Smith

May 4, 2022

Photo Credit: HYBE After posting a 59.8 percent year-over-year revenue jump during Q1 2022, BTS agency Hybe (KRX: 352820) has doubled down on its commitment to the famous K-pop act, indicating that “we will b... Read More...

What Streaming Plateau? Universal Music Group Earnings Jump 21% Year Over Year

Ashley King

May 3, 2022

Photo Credit: Tony Webster / CC by 3.0 Universal Music Group reported better than expected Q1 2022 earnings thanks to growth in subscription and streaming revenue. UMG says it expects a continuation of the b... Read More...

Believe Reports 30.9% Revenue Growth for Q1 2022 As Africa and APAC Income Hikes 56.3%

Dylan Smith

May 3, 2022

Photo Credit: Believe Indie label and distributor Believe achieved a 30.9 percent year-over-year revenue improvement for Q1 2022, which saw the Paris-headquartered company generate €162.5 million, according t... Read More...

SiriusXM Subscribers Stagnate at 34 Million – Pandora Active Users Drop 9%

Ashley King

May 1, 2022

Photo Credit: SiriusXM SiriusXM has revealed its Q1 2022 financial results, showcasing a further slide for Pandora active users. SiriusXM subscribers have also stagnated. Here's why. SiriusXM reported an inc... Read More...

Apple Reports 825 Million Subscriptions Across All Services — Does Apple Music Have More Paid Users Than Spotify?

Dylan Smith

April 29, 2022

Photo Credit: Apple Apple generated $19.82 billion from services including Apple Music during the second quarter of its 2022 fiscal year, as the company’s paid-subscription total surpassed 825 million. The C... Read More...

Spotify Stock Plummets Below $100 Per Share for the First Time Following Q1 2022 Earnings Report

Dylan Smith

April 27, 2022

Spotify stock (NYSE: SPOT) fell beneath $100 per share for the first time in company history today after the service posted its Q1 2022 earnings. Spotify stock (NYSE: SPOT) has fallen beneath $100 per share... Read More...

PRS for Music Reports 22.4% Revenue Increase In 2021 — As Live Performance Royalties Continued to Decline

Dylan Smith

April 25, 2022

PRS for Music achieved a 22.4 percent year-over-year (YoY) revenue increase in 2021, even as royalties from live shows and plays in public establishments remained nearly 40 percent beneath their pre-pandemic ... Read More...

One Media Posts 9.59% Revenue Boost For FY 2021 After Spending $5.5 Million On Music IP ‘At An Average Blended 11.2 Multiple’

Dylan Smith

April 22, 2022

An aerial shot of Furzton Lake in Milton Keynes, Buckinghamshire. Photo Credit: Ethan Wilkinson One Media iP, which describes itself as a “digital media content provider which exploits intellectual digital pr... Read More...

The UK Music Industry Grew By 12.8% In 2021 — As Digital’s Market Share Declined For the First Time

Dylan Smith

April 13, 2022

London, England. Photo Credit: Benjamin Davies The UK music industry generated £1.26 billion (about $1.65 billion) in 2021, up 12.8 percent year over year, as “unabated” demand for vinyl contributed to digita... Read More...

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Anghami Posts 23% Revenue Improvement In First Quarter as a Publicly Traded Company

Tencent Music Posts 31.7% Paid-User Growth — And a 15.1% Revenue Dip — In Q1 2022 After Canceling Exclusive Deals

Endeavor Posts $400 Million+ Q1 2022 Revenue Improvement Amid Live Music Comeback

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Sony Music Entertainment Posts 10% Revenue Increase for Q1 2022 as Annual Streaming Growth Hits 37%

Warner Music Group Reports Modest 10% Revenue Growth For Q1 2022 — As Digital’s Income Share Decreases

Live Nation Reports $1.8 Billion In Quarterly Revenue as 2022 Ticket Sales Surpass 70 Million

Hybe Posts 59.8% YoY Revenue Growth, Doubles Down On BTS Relationship: ‘We Will Be With Them Until the End’

What Streaming Plateau? Universal Music Group Earnings Jump 21% Year Over Year

Believe Reports 30.9% Revenue Growth for Q1 2022 As Africa and APAC Income Hikes 56.3%

SiriusXM Subscribers Stagnate at 34 Million – Pandora Active Users Drop 9%

Apple Reports 825 Million Subscriptions Across All Services — Does Apple Music Have More Paid Users Than Spotify?

Spotify Stock Plummets Below $100 Per Share for the First Time Following Q1 2022 Earnings Report

PRS for Music Reports 22.4% Revenue Increase In 2021 — As Live Performance Royalties Continued to Decline

One Media Posts 9.59% Revenue Boost For FY 2021 After Spending $5.5 Million On Music IP ‘At An Average Blended 11.2 Multiple’

The UK Music Industry Grew By 12.8% In 2021 — As Digital’s Market Share Declined For the First Time