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Financials

sony music earnings

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

Dylan Smith
February 2, 2023
make money on spotify

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

Dylan Smith
January 31, 2023
what is sound royalties and how can financing help my music career

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

Ashley King
January 23, 2023

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

Dylan Smith
January 17, 2023
music industry

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

Dylan Smith
December 16, 2022
 
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Mood Media, Muzak’s Parent Company, Seeks Federal Bankruptcy Court Protection

Daniel Sanchez
May 25, 2017
3
Does Mood Media’s bankruptcy court filing mean we won’t hear anymore Muzak inside elevators? Updated, 2:45 pm Thursday May 25: Mood Media has stated to DMN that they are not insolvent or declaring bankruptcy... Read More...

Universal Music Group Has Its Best Financial Start In 15 Years

Paul Resnikoff
May 12, 2017
2
Universal Music Group chairman Lucian Grainge with (l to r) Sat Bisla (A&R Worldwide); Monte Lipman (Republic Records); Avery Lipman (Republic Records); May, 2017. Reports of major label deaths have been ... Read More...
The Writing On The Wall: Snap Loses $6 Billion Overnight

While You Were Sleeping, Snapchat Lost $6 Billion In Value

Daniel Sanchez
May 11, 2017
Snap CEO Evan Spiegel (photo: TechCrunch, CC by 2.0) Snapchat’s parent company proves that building a business model around live filters with dog noses (oh, and some messaging features, too) doesn’t turn a pr... Read More...
With Losses Out of Control, Will Pandora Radio Finally Be Up For Grabs?

For Sale: Pandora Internet Radio (Serious Offers Only)

Daniel Sanchez
May 9, 2017
3
Steven Toomey (CC by 2.0) In the past two years, you’ve lost nearly $750 million.  Yet, you don’t want to sell your company for less than $20 a share.  Now, after receiving $150 million against losses of $133... Read More...
Streaming Now Accounts For Over Half of WMG's Revenue

Why Warner Music Is Taking YouTube’s Dirty Money

Daniel Sanchez
May 8, 2017
3
Mark Kent (CC by 2.0) Thanks to streaming (once again), Warner Music Group has posted strong financial gains.  But as Warner's position becomes less desperate, it may be focusing on 'fixing the YouTube proble... Read More...
Will iHeartRadio Parent Company Go Bankrupt In 12 Months?

April 24th, 2018: iHeartRadio Declares Bankruptcy…

Daniel Sanchez
April 24, 2017
14
Rori (and Marty, Floyd and Dot) Zendek (CC by 2.0) iHeartRadio’s parent company, iHeartMedia, will, admittedly, face a very difficult 2017. iHeartMedia’s equity owners tried to pull off a way to balance the ... Read More...
YouTube Pushes GEMA Collections Over $1 Billion In 2016

YouTube Pushes GEMA Collections Over $1 Billion In 2016

Daniel Sanchez
April 20, 2017
2
Esther Vargas (CC by 2.0) GEMA reaps the fruit of their settlement with YouTube. Back in 2009, YouTube stopped showing music videos in Germany after their deal with GEMA came to a close. The German performan... Read More...
Paid Streaming Generates 6 Times More Revenue Than Ad-Supported Streaming

Paid Streaming Generates 6 Times More Revenue Than Ad-Supported Streaming

Daniel Sanchez
April 20, 2017
2
Valery Marchive (CC by 2.0) If paid numbers are so high, and ad-supported so low, should streaming services like Spotify and Apple Music do away with the free model? Would placing limitations help? Across al... Read More...
After a Decade, the Latin Music Market Finally Experiences Growth

After a Decade of Loss, the Latin Music Market Finally Experiences Growth

Daniel Sanchez
April 20, 2017
YourWay Magazine (CC by 2.0) After a decade of brutal declines, Latin sales are steadily on the rise in the US. Luis Fonsi’s ‘Despacito’ featuring Daddy Yankee recently attained diamond status under the RIAA... Read More...
Is SoundCloud's 'Desperate' Funding Fake News? Probably Not

Near-Bankrupt SoundCloud Calls the Financial Times ‘Fake News’

Daniel Sanchez
February 14, 2017
1
zsoolt (CC by 2.0) If it looks like a duck, walks like a duck, quacks like a duck, then, according to SoundCloud, it’s probably fake news. First, Spotify walked away from a rumored acquisition deal.  Accordi... Read More...

Is SoundCloud Imploding? Top Execs Jump Ship as ‘Desperate’ Fundraising Begins

Daniel Sanchez
February 13, 2017
6
Will 2017 see the end of SoundCloud? 2017 is shaping up to be a difficult year for SoundCloud.  Several months ago, Spotify walked away from SoundCloud acquisition talks.  In fact, SoundCloud co-founder Alex... Read More...
Tim Westergren's Resignation Letter Makes You Wonder What's Next

Will Pandora Ever Make Money? Two-Year Losses Top $512.7 Million

Daniel Sanchez
February 10, 2017
2
Image by Corey Denis (CC by 2.0) How will Pandora survive in the streaming market when it keeps posting triple-digit annual losses? For the fourth quarter of 2016, Pandora reported revenue of $392.6 million.... Read More...
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