Financials

Music Festival Platform Festicket Files ‘Commencement of Moratorium’ Amid Executive Departures, Refund Demands

August 25, 2022

Fans attend a music festival in England. Photo Credit: Aranxa Esteve London-headquartered music-festival platform Festicket has officially filed a “notice of commencement of moratorium” with the UK’s Companie... Read More...

China’s Cloud Music Narrows Financial Losses As Subscribers Spike

Ashley King

August 19, 2022

Photo Credit: NetEase Cloud Music Inc. has announced its financial results for the first half of 2022, showcasing subscriber growth. Cloud Music says its online music services monthly active users (MAUs) sto... Read More...

XL Recordings Reports Double-Digit 2021 Revenue Increase After Adele Album Rights Revert

Dylan Smith

August 18, 2022

Photo Credit: CBS XL Recordings Limited achieved a material revenue increase during 2021 after securing the stateside rights to Adele’s first three studio albums, according to a newly released earnings report... Read More...

Beggars Group Posts £18.3 Million Revenue Hike For 2021 Despite Scaled-Back Release Schedule

Dylan Smith

August 18, 2022

Sohn, who's set to release an album entitled Trust via 4AD on September 2nd. Photo Credit: Henry W. Laurisch Beggars Group, which encompasses XL Recordings, Rough Trade Records, Matador Records, 4AD, and othe... Read More...

A Closer Look at Trolley — The Canadian Fintech Taking Aim at Royalty Payment Complexity

Paul Resnikoff

August 16, 2022

Trolley leadership team, from left, Jordan Cohen (VP Sales), Sasha Kossovsky (VP Engineering, Vincent Guérin (VP Marketing), Tim Nixon (CEO & Founder), and Natalie Loop (VP People & Culture). Not pictu... Read More...

Tencent Music Posts 25% Paid User Growth For Q2 2022 As Net Profit Cracks $131 Million

Dylan Smith

August 16, 2022

Tencent Music (NYSE: TME) generated over $131 million in net profit during Q2 2022, when a double-digit jump in paid users helped to offset material declines in total users for streaming as well as social ent... Read More...

Anghami Announces 46% H1 2022 User Growth, Says Arabic Music Now Accounts For 60% of Total Streams

Dylan Smith

August 15, 2022

Middle Eastern streaming service Anghami achieved a 29 percent year-over-year revenue increase during 2022’s opening half, according to a newly released earnings report, as “monthly paying subscribers” hiked ... Read More...

Endeavor Posts $1.31 Billion In Q2 Revenue Amid Live Concerts Comeback

Dylan Smith

August 12, 2022

Endeavor (NYSE: EDR) generated north of $1.31 billion during Q2 2022 – a year-over-year increase of about 18 percent – as both events and representation revenue improved amid the return of live concerts. Be... Read More...

Vivid Seats Announces Big Quarterly Gains Amid Post-COVID Resurgence

Ashley King

August 11, 2022

Photo Credit: Danny Howe Vivid Seats posts significant quarterly gains as post-COVID live resurgence continues. Leading ticket marketplace Vivid Seats announced positive financial results for the second quar... Read More...

YouTube doesn't have to disclose the personal info of copyright infringers, court rules.

German Music Industry Revenue Approached $1 Billion During 2022’s First Half Amid Continued Streaming and Vinyl Growth, Report Says

Dylan Smith

August 11, 2022

Berlin, Germany. Photo Credit: Stefan Widua The German music industry generated €967 million during 2022’s first half, according to a newly released report, with digital having accounted for more than 80 perc... Read More...

Warner Music Group Posts Q2 2022 Revenue Increase Even As Recorded Music Suffers First-Ever Digital Decline

Dylan Smith

August 9, 2022

Warner Music Group (WMG) posted a small revenue increase (quarterly and year over year) for Q2 2022, but during the three-month stretch, recorded music slipped in the digital category for the first time. The... Read More...

Reservoir Media Posts 46% Year-Over-Year Revenue Jump — And a Quarterly Falloff — For Q2 2022

Dylan Smith

August 5, 2022

Reservoir Media (NASDAQ: RSVR) turned in a 14 percent year-over-year revenue jump (excluding acquisitions) during Q2 2022, according to a newly released earnings report, generating $24.3 million in the proces... Read More...

Sync Licensing: It's Much Bigger Than TV, Film, and Commercials

Unauthorized Music Usage on TikTok Can Cost Brands Big — But There’s a Way to Avoid Expensive Licensing Headaches

Sync Licensing Is Evolving — Now There’s a Comprehensive Analysis of the Music Industry’s Most Exciting Segment

How Sync Licensing Helped Musicians Thrive When Live Music Was Paused

Kate Bush Thanks Stranger Things Fans for Giving ‘Running Up That Hill’ a New Lease on Life

Here’s How Apple Has Dominated Sync Licensing for Two Decades Running

The Methodology Behind Great Sync: A Breakdown for Brands, Content Creators and Supervisors

Now That the Music Modernization Act Has Passed, Who's Gonna Run the Damn Thing?

Spotify Is Riddled With Fake Streams — Or Is It? Our Latest Podcast

Spotify, Apple Music, and YouTube Music Are Only Getting Bigger — Which Is Great News for Niche Streaming Platforms

Meet the Artist Who Is Literally Saving His Fans’ Lives — Our Latest Podcast

How to Game the Billboard Charts (And Why You Shouldn’t)

Stop Chasing Playlists and Start Building a Music Career — Our Latest Podcast

‘Bone Conduction’ Headphones Don’t Go Over Your Ears — But Still Transmit Sound to Your Inner Cochlea

Despite H1 2022 Subscriber Dip, Deezer CEO Says His Company Will Break Even ‘By 2025’

Hipgnosis Songs Fund Has ‘Burned Through Its Funds and Is Unable to Raise More,’ Financial Times Reports

Italy’s Music Industry Grew By 18.3% In H1 2022, Report Says — As Italian Acts Released Each of the Top-10 Singles and Albums

BMG Reports 25% Revenue Jump For H1 2022 As Catalog Expenditures Triple

Peloton Loses $1.2 Billion In A Single Quarter As Hardware Sales Plunge

Music Festival Platform Festicket Files ‘Commencement of Moratorium’ Amid Executive Departures, Refund Demands

China’s Cloud Music Narrows Financial Losses As Subscribers Spike

XL Recordings Reports Double-Digit 2021 Revenue Increase After Adele Album Rights Revert

Beggars Group Posts £18.3 Million Revenue Hike For 2021 Despite Scaled-Back Release Schedule

A Closer Look at Trolley — The Canadian Fintech Taking Aim at Royalty Payment Complexity

Tencent Music Posts 25% Paid User Growth For Q2 2022 As Net Profit Cracks $131 Million

Anghami Announces 46% H1 2022 User Growth, Says Arabic Music Now Accounts For 60% of Total Streams

Endeavor Posts $1.31 Billion In Q2 Revenue Amid Live Concerts Comeback

Vivid Seats Announces Big Quarterly Gains Amid Post-COVID Resurgence

German Music Industry Revenue Approached $1 Billion During 2022’s First Half Amid Continued Streaming and Vinyl Growth, Report Says

Warner Music Group Posts Q2 2022 Revenue Increase Even As Recorded Music Suffers First-Ever Digital Decline

Reservoir Media Posts 46% Year-Over-Year Revenue Jump — And a Quarterly Falloff — For Q2 2022