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    Recent

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Trending
  • Latest Music Industry Hires: RCS Worldwide, Ground Control Touring, Arc28 Entertainment, Nebula17, SeatGeek, Dolly Parton Estate, More
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Financials

Live Nation revenue

What Lawsuits? Live Nation Posts ‘Record’ Q3 2026 Financials, Now Expects ‘To Welcome Nearly 180 Million Fans’ This Year

Dylan Smith
November 6, 2026
Sony Music earnings

Sony Music Q3 2026 Revenue Approaches $3.2 Billion Amid Double-Digit Recorded Music and Live/Merch Growth

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November 5, 2026
Hybe revenue

BTS Tour = Record Hybe Revenue: K-Pop Giant Posts Strong Q3 2026 Financials, Teases BTS Members’ Post-Arirang Projects

Dylan Smith
November 3, 2026
Apple Music revenue

Apple Reports Double-Digit Calendar Q3 2026 Growth as Subscriber Gains Drive Record Services Revenue

Dylan Smith
November 3, 2026
SiriusXM financials

SiriusXM Reports 5,000 Self-Pay Net Additions for Q3 2026, Says ‘Morgan Wallen Radio’ Helped Drive a 5% Average Listening Time Increase

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ascap

ASCAP Reports ‘Record-High’ 2022 Revenue and Distribution, Emphasizes Role As ‘America’s Only Not-for-Profit PRO’

Dylan Smith
March 8, 2023
The American Society of Composers, Authors and Publishers (ASCAP) has reported a record high of $1.52 billion in collections for 2022, with over $1.38 billion having been made available for distribution to me... Read More...
Universal revenues Q3 2022

Universal Music Group Posts Double-Digit Q4 Revenue Growth, Reiterates Streaming-Reform Plans

Dylan Smith
March 3, 2023
Universal Music Group (UMG) generated north of €2.94 billion (currently $3.12 billion) during 2022’s final three months, when recorded music streaming revenue grew by nearly 19% year over year (YoY), accordin... Read More...

German Music Industry Annual Revenues Cross the 2 Billion Euro Mark for the First Time in Two Decades

Raha Muhammad
March 2, 2023
BVMI revealed that the German music industry generated €2.07 billion in 2022. This is not the first time the German music industry has hit the €2 billion mark — though it's been a while. Back in 2002, the in... Read More...
The MLC Has Distributed Over $1.5 Billion in Royalties to Members, ‘Met Every Milestone Set by Congress’

Mechanical Licensing Collective (MLC) Refuses to Disclose ‘Black Box’ Account Figures as Total Payouts Top $1 Billion

Paul Resnikoff
February 27, 2023
More questions than answers continue to surround the Mechanical Licensing Collective (MLC) as both royalty payouts and unallocated 'black box' holding accounts reach astronomical levels. The Mechanical Licen... Read More...
NetEase Cloud Music revenue 2022

NetEase Cloud Music Tops 38.3 Million Paying Subscribers — Up 32.5% YoY

Ashley King
February 26, 2023
NetEase Cloud Music is continuing its explosive growth by adding nearly 10 million paying subscribers. The company added 9.4 million paid users, growing from 28.9 million in 2021 to 38.3 million at the end o... Read More...
Live Nation earnings

Live Nation Stock Tumbles Despite Double-Digit Q4 Revenue Growth, Optimistic 2023 Forecast

Dylan Smith
February 24, 2023
Live Nation (NYSE: LYV) posted continued revenue growth (including a 66 percent year-over-year improvement in concerts income) during Q4 2022, but has nevertheless seen its stock price slip. The Beverly Hill... Read More...
Big Hit

Hybe Posts Double-Digit Q4 Revenue Growth Despite BTS Hiatus

Dylan Smith
February 21, 2023
Notwithstanding K-pop sensation BTS’ hiatus, Hybe achieved double-digit revenue growth – and suffered a more than $144 million net loss – during Q4 2022, according to a newly released earnings report. The Q... Read More...

Warner Music Group Reports 7.8% Revenue Decrease, 34% Net Income Falloff in ‘Tough’ Q4 2022

Dylan Smith
February 9, 2023
Warner Music Group (WMG) suffered a 7.8 percent year-over-year (YoY) revenue dip during 2022’s final three months, when net income slipped by approximately 34 percent. The Big Three label revealed these and... Read More...
Believe Q3 financials

Believe Generated Over $1 Billion From ‘Digital Music Sales’ During 2022, Execs Announce

Dylan Smith
February 7, 2023
Paris-headquartered Believe has officially announced that its annual digital music sales cracked €1 billion ($1.07 billion at the present exchange rate) during 2022. The TuneCore owner Believe unveiled the ... Read More...
The MLC Has Distributed Over $1.5 Billion in Royalties to Members, ‘Met Every Milestone Set by Congress’

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

Dylan Smith
February 3, 2023
The Mechanical Licensing Collective (MLC) had accumulated at least $561 million in unmatched royalties as of 2021's end, according to tax documents reviewed by Digital Music News. The music industry can coun... Read More...
sony music earnings

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

Dylan Smith
February 2, 2023
Sony Music Entertainment achieved a double-digit year-over-year (YoY) revenue improvement during 2022’s final three months (the third quarter of Sony Group’s 2022 fiscal year), as publishing and recorded stre... Read More...
make money on spotify

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

Dylan Smith
January 31, 2023
Spotify stock (NYSE: SPOT) has surged after the Stockholm-headquartered company disclosed that it had added a record high of 33 million users during Q4 2022 – including about 10 million subscribers. The audi... Read More...
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