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  • 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

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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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Hybe revenue

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Apple Music revenue

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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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Live Nation Denmark Acquires PHD Music; UK Watchdog Confirms Investigation Into the Global Promoter

Live Nation Shows Off Healthy Q2 2019 Earnings — And Says Smaller Artist Tours Are Booming

Marsha Silva
July 26, 2019
Live Nation has posted encouraging Q2 2019 profits — and Wall Street is taking notice. Having secured earnings equal to $.41 per share during the second quarter of 2019, Live Nation was able to top the $.39 ... Read More...

Double-Digital Revenue Growth at Universal Music Buoys Vivendi’s Bottom Line

Marsha Silva
July 26, 2019
French conglomerate Vivendi saw its revenues increase by close to 14% during the first half of 2019, to just over $8 billion.  This growth was due in large part to the company's music division—namely Universa... Read More...

Filter Cancels Their 20th Anniversary Album Because PledgeMusic Froze Their Funds

Ashley King
July 19, 2019
Filter has canceled their 20th-anniversary reunion album thanks to Pledge Music freezing funds. Original members Richard Patrick and Brian Liesegang were reuniting for the album, reBus. Filter was using P... Read More...

As Bankruptcy Looms, 7Digital Announces Key Changes to Its Board of Directors

Ashley King
July 16, 2019
Following an urgent bulletin that 7digital needs roughly $5.7 million to avoid bankruptcy, the company is now announcing changes to its board. Insert 'rearranging deck chairs on the Titanic' quip here. Am... Read More...
Music Streaming Now Accounts for 66% of Germany's Total Record Music Revenue

Streaming Now Accounts for 66% of Germany’s Total Recorded Music Revenue

Daniel Sanchez
July 11, 2019
Last year, despite the growth of music streaming in the country, German’s music industry remained stagnant – at best. German music association Bundesverband Musikindustrie (BVMI) revealed that the country ha... Read More...
SOCAN Members Only Received $41 From Digital Sources Last Year

SOCAN Members, On Average, Received Just $41 From Streaming Services Last Year

Daniel Sanchez
June 20, 2019
1
The Society of Composers, Authors, and Music Publishers of Canada, or SOCAN, has published its financials for 2018. Breaking down total collections, the Canadian performance rights organization collected $37... Read More...
Merlin Pays Out $845 Million to Labels and Distributor Members in 2018, Reaching Over $2 Billion in Payouts

Merlin Pays Out $845 Million to Labels and Distributor Members in 2018, Reaching Over $2 Billion in Payouts

Daniel Sanchez
June 19, 2019
Indie label collective Merlin Network has posted its financials for the 12 months ending March 31st, 2019. Publishing its 2019 Membership Report & Survey, the company paid out $845 million to its label a... Read More...
LiveXLive Reaches 720,000 Subscribers, Burning Through $9.7 Million in the Process

LiveXLive Reaches 720,000 Subscribers, Burning Through $9.8 Million in the Process

Daniel Sanchez
June 13, 2019
LiveXLive Media, a global live streaming company, has posted its financial results for the fiscal Q4 2019 quarter ended on March 31st, 2019. The company has reported a revenue of $9.2 million, which is a slig... Read More...

BTS Agency Big Hit Entertainment Valued at More than $1 Billion

Marsha Silva
June 7, 2019
The music industry has undergone a massive transformation in recent years. With the rise of digital streaming platforms, the way we consume and pay for music has changed dramatically. According to a new repor... Read More...
CTS Eventim's Q1 2019 — $316 Million in Total Revenue and $116 Million in Ticketing Revenue

CTS Eventim’s Q1 2019 — $316 Million in Total Revenue and $116 Million in Ticketing Revenue

Daniel Sanchez
May 23, 2019
CTS Eventim has posted the financial results of its first fiscal quarter (Q1 2019). For the three months ended March 31st, 2019, the German live entertainment company’s revenue totaled €282.7 million ($316.1... Read More...

eOne Entertainment Earnings Fall on Weak Film Unit Revenues

Ashley King
May 21, 2019
Canadian indie producer and distributor Entertainment One saw a 9% full-year revenue drop on pre-tax profit. eOne's film business was weak this year, and only offset by sales of Peppa Pig brands. The Toro... Read More...
Tencent Music Posts $175 Million in Profit with 28.4 Million Subscribers in Q1 2019

Tencent Music Posts a $175 Million in Profit With 28.4 Million Subscribers in Q1 2019

Daniel Sanchez
May 14, 2019
Tencent Music Entertainment (TME) has released its financial report for the first quarter of 2019. In the three months ended March 31st, 2019, TME reported ¥5.74 billion ($855 million) in overall revenue.  T... Read More...
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