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Financials

mlc mechanical licensing collective

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

Dylan Smith
February 3, 2023
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
 
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Have We Hit Bottom? Universal Music Is Having a Non-Disastrous 2012…

Paul Resnikoff
November 14, 2012
There are two ways to look at this, and frankly, only one of them involves long-term survival. The better version is that digital is finally starting to replace physical on the global stage, and heralding a fre... Read More...

The Extremely Chaotic State of Music Pricing Today

Paul Resnikoff
August 29, 2012
19
No wonder music fans are confused! Here's a sampling of some of the most popular ways to pay (or not pay) for music today... ... Read More...
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Sources: Universal Music Is Actively Reconsidering Its VEVO Investment

Paul Resnikoff
July 11, 2012
7
Universal Music Group is now 'actively reconsidering' its major investment stake in VEVO, according to a pair of sources discussing the matter with Digital Music News. One source, an executive at Universal Mus... Read More...
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Pandora Warns: We Will Not Be Profitable In 2012…

Paul Resnikoff
April 2, 2012
Is internet radio completely broken?  It's getting harder not to ask that question: Pandora is one of the biggest streaming radio services on the planet, yet it's struggling to pay its royalty bills, it can't e... Read More...
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Ladies & Gentlemen, Pandora Is Now Profitable

Paul Resnikoff
November 22, 2011
Wall Street remains mostly unimpressed, but by music industry standards, this is a moment.  On Tuesday, Pandora revealed something remarkable: profitability, at least for a fleeting three months.  During its la... Read More...
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$33.8 Million Has Already Been Invested In Music Startups This Year

Paul Resnikoff
February 3, 2011
1
But will anyone be getting rich this time around?   Take a look at the latest investments - and these are just the ones we know about. Rdio, $17.5 Million. (Mangrove Capital Partners, others, announced Februa... Read More...

The RIAA Defends Its Salaries as “Absolutely” Reasonable

Paul Resnikoff
July 12, 2010
Is $2 million a reasonable annual take-home for the head of the RIAA? And, is it also reasonable for more than ten staffers and executives to be making between $200,000 and $1.33 million?  "Absolutely," acco... Read More...
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CD Baby Payouts Cross $100 Million

Paul Resnikoff
April 5, 2009
Sometimes, simplicity pays, and in the case of CD Baby, artist payouts have now passed $100 million. The cumulative payout was recently revealed by the Portland, Oregon-based company, one whose roots are as ol... Read More...

Handleman Negotiates Financial Breathing Room

Alexandra Osorio
May 15, 2008
Physical music distributor Handleman Company negotiated some financial breathing room this week, instead of facing the default gauntlet. The company renegotiated its recovery loan package downward, while pre... Read More...

Buzznet Investment Spells Nice UMG Diversification

Paul Resnikoff
April 17, 2008
Universal Music Group is now officially an investor in Buzznet, according to statements issued Thursday. The investment offers a new direction for Universal, one that will allow the label to shape editorial ... Read More...
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