Financials Archives - Page 36 of 51

Hybe Posts 59.8% YoY Revenue Growth, Doubles Down On BTS Relationship: ‘We Will Be With Them Until the End’

May 4, 2022

After posting a 59.8 percent year-over-year revenue jump during Q1 2022, BTS agency Hybe (KRX: 352820) has doubled down on its commitment to the famous K-pop act, indicating that “we will be with them until t... Read More...

What Streaming Plateau? Universal Music Group Earnings Jump 21% Year Over Year

Ashley King

May 3, 2022

Universal Music Group reported better than expected Q1 2022 earnings thanks to growth in subscription and streaming revenue. UMG says it expects a continuation of the boom in music streaming, led by its stre... Read More...

Believe Reports 30.9% Revenue Growth for Q1 2022 As Africa and APAC Income Hikes 56.3%

Dylan Smith

May 3, 2022

Indie label and distributor Believe achieved a 30.9 percent year-over-year revenue improvement for Q1 2022, which saw the Paris-headquartered company generate €162.5 million, according to a newly released ear... Read More...

SiriusXM Subscribers Stagnate at 34 Million – Pandora Active Users Drop 9%

Ashley King

May 1, 2022

SiriusXM has revealed its Q1 2022 financial results, showcasing a further slide for Pandora active users. SiriusXM subscribers have also stagnated. Here's why. SiriusXM reported an increase of 6% ($2.19 bill... Read More...

Apple Reports 825 Million Subscriptions Across All Services — Does Apple Music Have More Paid Users Than Spotify?

Dylan Smith

April 29, 2022

Apple generated $19.82 billion from services including Apple Music during the second quarter of its 2022 fiscal year, as the company’s paid-subscription total surpassed 825 million. The Cupertino-headquarter... Read More...

Spotify Stock Plummets Below $100 Per Share for the First Time Following Q1 2022 Earnings Report

Dylan Smith

April 27, 2022

Spotify stock (NYSE: SPOT) has fallen beneath $100 per share for the first time in company history following the release of the service's Q1 2022 financials. The Stockholm-based audio-entertainment platfo... Read More...

PRS for Music Reports 22.4% Revenue Increase In 2021 — As Live Performance Royalties Continued to Decline

Dylan Smith

April 25, 2022

PRS for Music achieved a 22.4 percent year-over-year (YoY) revenue increase in 2021, even as royalties from live shows and plays in public establishments remained nearly 40 percent beneath their pre-pandemic ... Read More...

In Its First Full Quarter With Major Label Licensing Deals, Snapchat Explodes With 18% Daily Active User Growth

Dylan Smith

April 22, 2022

Snapchat achieved an 18 percent year-over-year jump in daily active users during Q1 2022 – the first full quarter in which it’s had licensing deals in place with each of the Big Three labels – as an average o... Read More...

One Media Posts 9.59% Revenue Boost For FY 2021 After Spending $5.5 Million On Music IP ‘At An Average Blended 11.2 Multiple’

Dylan Smith

April 22, 2022

One Media iP, which describes itself as a “digital media content provider which exploits intellectual digital property rights around music, video and copyright technology,” achieved a 9.59 percent year-over-y... Read More...

The UK Music Industry Grew By 12.8% In 2021 — As Digital’s Market Share Declined For the First Time

Dylan Smith

April 13, 2022

The UK music industry generated £1.26 billion (about $1.65 billion) in 2021, up 12.8 percent year over year, as “unabated” demand for vinyl contributed to digital’s first YoY decline in revenue share in nearl... Read More...

97% of Latin Music’s U.S. Revenue Now Comes From Streaming, Report Says

Dylan Smith

April 12, 2022

Latin music revenue cracked a record high of $886.1 million in the U.S. during 2021, according to a new report from the Recording Industry Association of America (RIAA), with streaming having generated 96.7 p... Read More...

Spotify Announces Q1 2022 Financial Earnings Call Date — April 27th

Ashley King

April 3, 2022

Spotify has announced the date for its Q1 2022 earnings call with shareholders. Spotify (SPOT) will present its financial results to shareholders on April 27th, 2022, before markets open. The company is also... Read More...

SRR Capital Launches With a VC-Style Approach to Music Investing

What Is Attribution?

So Busy With "The Quiet Time..."

Netflix Won the Streaming Wars. YouTube Changed the Rules.

Indonesia: One of the World’s Most Promising Digital Music Markets

What Politicians Could Learn from the Music Business: A Midterm Election Primer

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

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

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

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

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

Hybe Posts 59.8% YoY Revenue Growth, Doubles Down On BTS Relationship: ‘We Will Be With Them Until the End’

What Streaming Plateau? Universal Music Group Earnings Jump 21% Year Over Year

Believe Reports 30.9% Revenue Growth for Q1 2022 As Africa and APAC Income Hikes 56.3%

SiriusXM Subscribers Stagnate at 34 Million – Pandora Active Users Drop 9%

Apple Reports 825 Million Subscriptions Across All Services — Does Apple Music Have More Paid Users Than Spotify?

Spotify Stock Plummets Below $100 Per Share for the First Time Following Q1 2022 Earnings Report

PRS for Music Reports 22.4% Revenue Increase In 2021 — As Live Performance Royalties Continued to Decline

One Media Posts 9.59% Revenue Boost For FY 2021 After Spending $5.5 Million On Music IP ‘At An Average Blended 11.2 Multiple’

The UK Music Industry Grew By 12.8% In 2021 — As Digital’s Market Share Declined For the First Time

97% of Latin Music’s U.S. Revenue Now Comes From Streaming, Report Says

Spotify Announces Q1 2022 Financial Earnings Call Date — April 27th