Financials

Endeavor Posts $1.31 Billion In Q2 Revenue Amid Live Concerts Comeback

August 12, 2022

Endeavor (NYSE: EDR) generated north of $1.31 billion during Q2 2022 – a year-over-year increase of about 18 percent – as both events and representation revenue improved amid the return of live concerts. Be... Read More...

Vivid Seats Announces Big Quarterly Gains Amid Post-COVID Resurgence

Ashley King

August 11, 2022

Photo Credit: Danny Howe Vivid Seats posts significant quarterly gains as post-COVID live resurgence continues. Leading ticket marketplace Vivid Seats announced positive financial results for the second quar... Read More...

YouTube doesn't have to disclose the personal info of copyright infringers, court rules.

German Music Industry Revenue Approached $1 Billion During 2022’s First Half Amid Continued Streaming and Vinyl Growth, Report Says

Dylan Smith

August 11, 2022

Berlin, Germany. Photo Credit: Stefan Widua The German music industry generated €967 million during 2022’s first half, according to a newly released report, with digital having accounted for more than 80 perc... Read More...

Warner Music Group Posts Q2 2022 Revenue Increase Even As Recorded Music Suffers First-Ever Digital Decline

Dylan Smith

August 9, 2022

Warner Music Group (WMG) posted a small revenue increase (quarterly and year over year) for Q2 2022, but during the three-month stretch, recorded music slipped in the digital category for the first time. The... Read More...

Reservoir Media Posts 46% Year-Over-Year Revenue Jump — And a Quarterly Falloff — For Q2 2022

Dylan Smith

August 5, 2022

Reservoir Media (NASDAQ: RSVR) turned in a 14 percent year-over-year revenue jump (excluding acquisitions) during Q2 2022, according to a newly released earnings report, generating $24.3 million in the proces... Read More...

Live Nation Reports Highest Quarterly Concert Attendance Ever — More Tickets Have Already Been Sold In 2022 Than All of 2019

Ashley King

August 5, 2022

Photo Credit: Zach Cierzan / CC by 4.0 Live Nation has shared its Q2 financials, with the highest concert attendance ever. Here's the breakdown. "We have sold over 100 million tickets for our concerts this y... Read More...

What BTS Breakup? Hybe Posts Double-Digit Q2 2022 Revenue Hike

Dylan Smith

August 4, 2022

Photo Credit: AJeong_JM / CC by 4.0 Notwithstanding BTS members’ much-publicized plans to pursue solo careers, Hybe (KRX: 352820) reported an 83.8% year-over-year revenue hike during 2022’s second quarter. ... Read More...

Sony Music Revenue Jumps As Q2 2022 Streaming Growth Surpasses 15%

Dylan Smith

July 29, 2022

Amid continued streaming growth as well as a rebound for physical sales, Sony Group generated about $2.31 billion from its music operations during 2022’s second quarter – marking a 20.87 percent year-over-yea... Read More...

What Are the Pillars of a Serious Music Industry Financial Stack? We Asked Fintech Powerhouse Tipalti to Break It Down

Paul Resnikoff

July 28, 2022

The past ten years have witnessed an explosion in ‘marketing tech’—digitizing labor-intensive processes and liberating time for value-adding employees. Now, we’re seeing a similar evolution in financial tech.... Read More...

Universal Music Group Posts Double-Digit Revenue Jump As Streaming Growth Continues

Dylan Smith

July 27, 2022

Photo Credit: Tony Webster / CC by 3.0 Universal Music Group (UMG) revenue jumped by 25.4 percent year over year during Q2 2022, as streaming income once again improved by double digits. The Big Three recor... Read More...

Hipgnosis Songs Fund Posts $168 Million In Net Revenue For the 2022 Fiscal Year — As Net Debt Nears $570 Million

Dylan Smith

July 14, 2022

Hipgnosis Songs Fund posted a 24.7 percent year-over-year (YoY) gross revenue improvement during the fiscal year ending on March 31st, 2022. But gross debt rested at $600 million when the period concluded, an... Read More...

Live Nation Head Michael Rapino Inks $30 Million Annual Contract Following Multimillion-Dollar Stock Selloff

Dylan Smith

July 7, 2022

Michael Rapino has officially signed a half-decade contract to remain president and CEO of Live Nation, which could pay the Ontario native a staggering $30 million per year – in addition to a $6 million once-... Read More...

Mechanical Licensing Collective ‘Unmatched Royalties’ Approached $562 Million in 2021, Tax Document Shows

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

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

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

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

Endeavor Posts $1.31 Billion In Q2 Revenue Amid Live Concerts Comeback

Vivid Seats Announces Big Quarterly Gains Amid Post-COVID Resurgence

German Music Industry Revenue Approached $1 Billion During 2022’s First Half Amid Continued Streaming and Vinyl Growth, Report Says

Warner Music Group Posts Q2 2022 Revenue Increase Even As Recorded Music Suffers First-Ever Digital Decline

Reservoir Media Posts 46% Year-Over-Year Revenue Jump — And a Quarterly Falloff — For Q2 2022

Live Nation Reports Highest Quarterly Concert Attendance Ever — More Tickets Have Already Been Sold In 2022 Than All of 2019

What BTS Breakup? Hybe Posts Double-Digit Q2 2022 Revenue Hike

Sony Music Revenue Jumps As Q2 2022 Streaming Growth Surpasses 15%

What Are the Pillars of a Serious Music Industry Financial Stack? We Asked Fintech Powerhouse Tipalti to Break It Down

Universal Music Group Posts Double-Digit Revenue Jump As Streaming Growth Continues

Hipgnosis Songs Fund Posts $168 Million In Net Revenue For the 2022 Fiscal Year — As Net Debt Nears $570 Million

Live Nation Head Michael Rapino Inks $30 Million Annual Contract Following Multimillion-Dollar Stock Selloff