Financials

PPL Announces £43.2 Million Q4 2022 Distribution, Up 3.4% Year Over Year

December 16, 2022

London, England. Photo Credit: Benjamin Davies Phonographic Performance Limited (PPL) has announced that it distributed £43.2 million (currently $52.62 million) to approximately 148,000 members during the fou... Read More...

Hipgnosis Refuses to Lower Catalog Valuation Despite Tumbling Stock Price, New Earnings Report Shows

Dylan Smith

December 8, 2022

Photo Credit: Hipgnosis Songs Fund Hipgnosis Songs Fund (HSF), the publicly traded entity that’s spent billions on music IP, hasn’t materially lowered its catalog valuation despite suffering a stock-price dec... Read More...

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

DEAG Entertainment Group Posts €102 Million In Q3 Revenue — Up 72% From Pre-Pandemic 2019

Dylan Smith

November 28, 2022

Berlin, Germany. Photo Credit: Stefan Widua Berlin-headquartered concert and festival promoter DEAG Entertainment Group turned in a more than 70 percent Q3 2022 revenue increase compared to the same period in... Read More...

NetEase Cloud Music Posts Double-Digit Q3 Revenue Increase As Gross Profit Cracks $46 Million

Dylan Smith

November 23, 2022

Photo Credit: NetEase NetEase Cloud Music generated CNY 2.36 billion (currently $328.89 million) during Q3 2022, according to a newly released earnings report, representing a more than 22 percent year-over-ye... Read More...

Warner Music Group Stock Spikes Following Q3 2022 Earnings Report, Including a 24% Jump In Publishing Revenue

Dylan Smith

November 22, 2022

Warner Music Group stock (NASDAQ: WMG) spiked after the company achieved a modest year-over-year (YoY) revenue improvement as well as a 63 percent operating income increase during 2022’s third quarter. The ... Read More...

Tencent Music Shares Spike As Q3 Paid Users Jump By 20% and Profit Tops $154 Million

Dylan Smith

November 15, 2022

Tencent Music generated CNY 1.09 billion (currently $154.73 million) in net profit during Q3 2022, according to the Shenzhen-headquartered company’s latest earnings report. Tencent Music (NYSE: TME), which ... Read More...

LiveOne Posts $23.5 Million In Q3 2022 Revenue, Forecasts $1 Billion Annual Income ‘Within a Five-Year Period’

Dylan Smith

November 11, 2022

Photo Credit: LiveOne In late October, LiveOne (NASDAQ: LVO) execs indicated that their company would post record revenue and membership growth for Q3 2022. Now, the Los Angeles-headquartered business has off... Read More...

Peloton Loses 200,000 Members In A Single Quarter as Losses Continue

Ashley King

November 4, 2022

Photo Credit: Steve Jurvetson / CC by 2.0 Peloton lost nearly 200,000 members in a single quarter as losses continue to mount for the exercise company. The company revealed its financial results for Q3 2022,... Read More...

Live Nation Posts Q3 2022 Revenue Jump As Execs Tout ‘Highest Quarterly Attendance Ever’

Dylan Smith

November 4, 2022

Live Nation (NYSE: LYV) achieved its “highest quarterly attendance ever” during Q3 2022, according to a newly released earnings report, as revenue spiked by nearly 130 percent from the same three-month stretc... Read More...

Paris-Based Believe Reports Q3 2022 Financials – Revenues Rose 37% YoY

Ashley King

November 3, 2022

Photo Credit: Anis Martin Believe's revenues rose 37% year-over-year in Q3, with the group increasing its full-year forecast for the second quarter in a row. The Paris-based music company Believe reports su... Read More...

SiriusXM Posts Q3 Revenue Gain As Satellite Radio Subscriber Growth Offsets Pandora Listener Dip

Dylan Smith

November 3, 2022

Photo Credit: SiriusXM SiriusXM posted an almost four percent year-over-year (YoY) revenue improvement for Q3 2022 as an income boost stemming from satellite radio self-pay subscribers helped to offset Pandor... Read More...

Opry Entertainment Group revenues Q3 2022

Opry Entertainment Group Revenues Explode During Q3 as Post-Pandemic Crowds Return

Ashley King

November 2, 2022

Photo Credit: Corkythehornetfan / CC by 4.0 According to its parent Ryman Hospitality Properties, Opry Entertainment Group saw its revenue grow 57.3% to $77.2 million in Q3. The post-pandemic boom is largely... Read More...

Mechanical Licensing Collective ‘Unmatched Royalties’ Approached $562 Million in 2021, Documents Reveal

Sony Music Posts Q4 2022 Revenue Jump Amid Continued Streaming, Publishing Growth

Spotify Posts Record User Growth — And An Increased Operating Loss — In Q4 2022 Earnings Report

Ready to Level Up Your Career in Music? Thoughtful Finance Is the Next Step

PRS for Music Agrees to New Foundation Funding Following Pushback, Citing ‘The Increase In Interest Rates During 2022’

PPL Announces £43.2 Million Q4 2022 Distribution, Up 3.4% Year Over Year

Hipgnosis Refuses to Lower Catalog Valuation Despite Tumbling Stock Price, New Earnings Report Shows

DEAG Entertainment Group Posts €102 Million In Q3 Revenue — Up 72% From Pre-Pandemic 2019

NetEase Cloud Music Posts Double-Digit Q3 Revenue Increase As Gross Profit Cracks $46 Million

Warner Music Group Stock Spikes Following Q3 2022 Earnings Report, Including a 24% Jump In Publishing Revenue

Tencent Music Shares Spike As Q3 Paid Users Jump By 20% and Profit Tops $154 Million

LiveOne Posts $23.5 Million In Q3 2022 Revenue, Forecasts $1 Billion Annual Income ‘Within a Five-Year Period’

Peloton Loses 200,000 Members In A Single Quarter as Losses Continue

Live Nation Posts Q3 2022 Revenue Jump As Execs Tout ‘Highest Quarterly Attendance Ever’

Paris-Based Believe Reports Q3 2022 Financials – Revenues Rose 37% YoY

SiriusXM Posts Q3 Revenue Gain As Satellite Radio Subscriber Growth Offsets Pandora Listener Dip

Opry Entertainment Group Revenues Explode During Q3 as Post-Pandemic Crowds Return