Financials

BMG’s 2018 Revenues Jump 7.5% to $613 Million — And It’s All ‘Organic’

March 26, 2019

Parent company Bertelsmann has released 2018 financial results for BMG. The financial report notes that 2018 finally marks a shift from growth through acquisitions to 'organic growth' for the music subsidiar... Read More...

Despite a Profitable Quarter, Sonos’ Stock Plummets More Than 15%

Daniel Sanchez

February 7, 2019

Sonos’ departing CFO and concerns about consumer trends undercut an otherwise successful quarter at the company. Sonos has posted the financial results of its first quarter of 2019, which ended December 29th... Read More...

Warner Music Group's Revenue Surpassed $1 Billion Last Quarter

Warner Music Group’s Quarterly Revenue Tips $1 Billion Again: ‘Our Long-Term Strategy Is Paying Off’

Daniel Sanchez

February 5, 2019

Recorded music revenues continue to climb at yet another major label. This time, Warner Music Group. Warner Music Group (WMG) has released the financial results for its first fiscal quarter ended December 3... Read More...

Sony Music Brought in Over $2 Billion in Streaming Revenue in 2018

Daniel Sanchez

February 1, 2019

Streaming music continues to boost Sony Music’s bottom line. Sony has released its financials for its third fiscal quarter (FY Q3) of 2018, the three months ended December 31st, 2018. Breaking down its 20... Read More...

Pandora CEO Roger Lynch Forced Out Following SiriusXM Acquisition Approval

Daniel Sanchez

January 30, 2019

Pandora CEO Roger Lynch was unable to solve listener engagement issues. SiriusXM has released its operating and financial results for the fourth fiscal quarter and the full-year of 2018. The satellite rad... Read More...

Apple Music Officially Hits 50 Million Subscribers

Daniel Sanchez

January 30, 2019

The busy holiday season pushed Apple Music up to 50 million paid subscriptions. According to a report from the Financial Times last November, Apple Music had 56 million subscribers. The financial newspape... Read More...

PPL Reaches Historic International Collection Revenue in 2018

Daniel Sanchez

January 29, 2019

Thanks to agreements with global CMOs, PPL has just brought in record international revenue. PPL, a UK collection society, has raked in its largest international collection revenue to date. International ... Read More...

SoundCloud Revenue Skyrockets 80% to Reach $102 Million in 2017

Daniel Sanchez

January 29, 2019

SoundCloud continues to post strong revenue numbers, but can it continue to narrow its total losses? Despite a very turbulent 2017, SoundCloud CEO Kerry Trainor has made good on his promise. The Berlin-ba... Read More...

PIAS Revenue Blossoms 18% to Nearly $50 Million (Thank You, Streaming)

Daniel Sanchez

January 11, 2019

PIAS continues to grow in Europe. PIAS, a European indie giant, has released its annual report and financial statement for 2017. The company, which operates 19 offices around the world, revealed a turnove... Read More...

Thanks to Streaming, WMG Posts $4 Billion in Revenue for 2018

Thanks to Streaming, Warner Music Group Posts $4 Billion in Revenue for 2018

Daniel Sanchez

December 20, 2018

Streaming music revenue continues to increase Warner Music Group’s bottom line. Warner Music Group (WMG) has published its results for the fiscal fourth quarter and full year ended September 30th, 2018. F... Read More...

As Acquisitions Continue, a New Report Reveals Hipgnosis Has Burned Through More Money Than It's Brought In

As the Acquisition Spree Continues, Hipgnosis Clocks an Interim Loss of £736,322

Daniel Sanchez

December 17, 2018

The Hipgnosis acquisition machine isn't cheap. This year, Hipgnosis has gone on a massive spending spree. Following its IPO launch, where the specialist investment company sought to raise $264 million, th... Read More...

Tencent Music IPO's Filing Reveals Record Profit

Tencent Music’s IPO Filing Reveals Record Streaming Profits

Daniel Sanchez

December 5, 2018

Tencent Music has turned a profit the past three years. Spotify has only turned a profit once. Any questions? Several months ago, Chinese conglomerate Tencent Holdings unveiled its plan to list its music d... Read More...

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

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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

BMG’s 2018 Revenues Jump 7.5% to $613 Million — And It’s All ‘Organic’

Despite a Profitable Quarter, Sonos’ Stock Plummets More Than 15%

Warner Music Group’s Quarterly Revenue Tips $1 Billion Again: ‘Our Long-Term Strategy Is Paying Off’

Sony Music Brought in Over $2 Billion in Streaming Revenue in 2018

Pandora CEO Roger Lynch Forced Out Following SiriusXM Acquisition Approval

Apple Music Officially Hits 50 Million Subscribers

PPL Reaches Historic International Collection Revenue in 2018

SoundCloud Revenue Skyrockets 80% to Reach $102 Million in 2017

PIAS Revenue Blossoms 18% to Nearly $50 Million (Thank You, Streaming)

Thanks to Streaming, Warner Music Group Posts $4 Billion in Revenue for 2018

As the Acquisition Spree Continues, Hipgnosis Clocks an Interim Loss of £736,322

Tencent Music’s IPO Filing Reveals Record Streaming Profits