Financials

BMG generated €663 million ($734.07 million at the present exchange rate) during 2021, for a year-over-year increase of 10.1 percent, according to a newly released earnings report. The Berlin-headquartered ... Read More...

The UK’s Phonographic Performance Limited (PPL) has announced that it paid out almost $35 million (£26.3 million) in international revenue to some 26,000 rightsholders and performers for the first quarter of ... Read More...

SoundExchange distributed $235 million during 2022’s first quarter – for a total of over $9 billion since its 2003 debut as a standalone organization – according to higher-ups. SoundExchange, which said las... Read More...

Continued streaming and publishing growth helped Universal Music Group (UMG) turn in a 17.05 percent quarter-over-quarter revenue improvement during Q4 2021 and a nearly identical YoY revenue hike for all of ... Read More...

The American Society of Composers, Authors and Publishers (ASCAP) turned in a roughly .60 percent year-over-year revenue increase in 2021 and distributed approximately $1.254 billion to member creators during... Read More...

Reservoir Media (NASDAQ: RSVR) generated $27.1 million during Q4 2021, and CEO Golnar Khosrowshahi relayed that the New York City-based company has “$3 billion worth of deals in the pipeline.” These and othe... Read More...