Financials

Tencent Music Boasts 39.9 Million Paying Subs — Tops Wall Street Estimates

March 17, 2020

Tencent Music closed 2019 with nearly 40 million paying music subscribers worldwide. Tencent Music Entertainment Group (TME) runs three different music streaming services in China. Those include QQ Music, Ku... Read More...

TIDAL Rolls Out MQA Option for Hi-Fi Subscribers

Jay-Z’s Tidal Lost $37 Million In 2018 — More Than 100,000 Subscribers Jumped Ship

Marsha Silva

February 10, 2020

Jay-Z’s Tidal lost approximately $37 million and 100,000 American subscribers in 2018, according to newly released figures. The music streaming service’s overall revenue grew by more than 25 percent from 2... Read More...

BTS Is Basically a Cash Machine — Big Hit Annual Revenues Hitting $500 Million

Marsha Silva

February 5, 2020

BTS label/management group Big Hit Entertainment just doubled its earnings and substantially increased its 2019 profits. Big Hit Entertainment, the company behind BTS, earned nearly $500 million in 2019, acc... Read More...

Pandora Is Losing Subscribers — 88,000 Left the Service Last Quarter

Ashley King

February 4, 2020

SiriusXM revealed some new information about its subscribers' growth rate for its satellite service and Pandora. First, the good news. SiriusXM added 355,000 satellite radio subscribers during Q4 2019. Th... Read More...

YouTube Has More Than 20 Million Paying Subscribers — Music Subscriber Numbers Remain Elusive

Ashley King

February 4, 2020

Google's Q4 2019 financial results finally shed some light the number of YouTube Music paying subscribers. But exact details remain elusive. YouTube Music and YouTube Premium have more than 20 million payin... Read More...

Lil Nas X Drives a Financial Boom at Sony Music — Quarterly Revenues Approach $2 Billion

Marsha Silva

February 4, 2020

Sony Music Entertainment just posted a strong increase in Q3 revenue, across both recorded music and publishing. Lil Nas X — inked to Columbia/Sony back in March of 2019 — helped to drive the results. After... Read More...

Warner Music Group Quarterly Earnings Jump 42% (Thank You, Streaming)

Marsha Silva

January 31, 2020

Warner Music Group (WMG) just reported a very solid first-quarter growth. Warner Music Group (WMG) recorded substantial profits in the first quarter of its fiscal year, which began in October of 2019 and end... Read More...

AirPods, iPhone 11 Sales Propel Apple’s Quarterly Earnings to All-Time High of $91.8 Billion

Paul Resnikoff

January 28, 2020

During the first quarter of Apple’s fiscal year, which ended on December 28th, 2019, revenues jumped nine percent from the same period in 2018, to an all-time high of $91.8 billion. Additionally, Apple’s di... Read More...

TikTok Revenue Surges 310% to $50MM in Q4, According to Latest Estimates

Colin Cohen

January 6, 2020

According to recent data compiled by Apptopia, TikTok saw a massive surge in its in-app revenue during the fourth quarter of 2019. The figures show that the company's in-app revenue surged by an astounding 31... Read More...

Tencent Music Announces $400 Million Stock Repurchase Plan

Colin Cohen

December 17, 2019

The board of directors of Tencent Music Entertainment announced that the company plans to repurchase $400 million of its shares. The repurchase relates to U.S.-traded Class A ordinary shares, in the form of ... Read More...

Warner Music Group Corp. Reports Results for Fourth Quarter and Year Ending September 30

Colin Cohen

November 27, 2019

Warner Music Group has reported its financial results for both its fiscal fourth-quarter and the year ending September 30, 2019, and the news is good. In terms of the fourth quarter, revenue rose 8.2% at the... Read More...

Tencent Music Earnings Surge 31% in the Latest Quarter

Colin Cohen

November 12, 2019

Tencent Music Entertainment Group has released its third-quarter financials for 2019, with revenue surging a staggering 31% and beating the expectations of Wall Street analysts. In spite of the news, shares ... 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

Tencent Music Boasts 39.9 Million Paying Subs — Tops Wall Street Estimates

Jay-Z’s Tidal Lost $37 Million In 2018 — More Than 100,000 Subscribers Jumped Ship

BTS Is Basically a Cash Machine — Big Hit Annual Revenues Hitting $500 Million

Pandora Is Losing Subscribers — 88,000 Left the Service Last Quarter

YouTube Has More Than 20 Million Paying Subscribers — Music Subscriber Numbers Remain Elusive

Lil Nas X Drives a Financial Boom at Sony Music — Quarterly Revenues Approach $2 Billion

Warner Music Group Quarterly Earnings Jump 42% (Thank You, Streaming)

AirPods, iPhone 11 Sales Propel Apple’s Quarterly Earnings to All-Time High of $91.8 Billion

TikTok Revenue Surges 310% to $50MM in Q4, According to Latest Estimates

Tencent Music Announces $400 Million Stock Repurchase Plan

Warner Music Group Corp. Reports Results for Fourth Quarter and Year Ending September 30

Tencent Music Earnings Surge 31% in the Latest Quarter