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Confirming Upcoming Sale, Universal Music Group's Revenue Rise 13.5%

Universal Music Group’s Revenues Jump 13.5% as Sales Chatter Intensifies

Daniel Sanchez
November 16, 2018
Thanks to the massive success of UMG ahead of its upcoming sale, Vivendi’s own bottom line rose 5.5% in Q3 2018. Last summer, after discarding the idea of a $40 billion IPO for its major record label, Vivend... Read More...
Pandora’s Q3 2018 – 6.8 Million Subscribers, Plummeting Active Users and Listening Hours

Pandora’s Q3 2018: 6.8 Million Subscribers, Plummeting Active Users and Listening Hours

Daniel Sanchez
November 6, 2018
2
Pandora’s latest financial report reveals one thing – the digital radio service probably couldn't survive on its own. Two months ago, Liberty Media’s John Malone achieved what he had long fought for.  Sirius... Read More...
Sony's Mixed Q2 2018 - Operating Income Down, Streaming Music Revenue Up

Sony’s Mixed Q2 2018 — Operating Income Down, Streaming Music Revenue Up

Daniel Sanchez
October 30, 2018
Sony Music had some great results (streaming revenue, licensing revenue), and some bad ones (operating income, downloads, and physical revenue). Sony has released its financial report for the second quarter ... Read More...
SiriusXM Now Has 33.7 Million Subscribers

Following a Strong Q3 2018, SiriusXM Now Has 33.7 Million Subscribers

Daniel Sanchez
October 24, 2018
Following its acquisition of Pandora Media, SiriusXM just keeps growing. Last month, Liberty Media’s SiriusXM finally acquired Pandora Radio.  At $3.5 billion, John Malone’s company purchased the digital rad... Read More...

BMG’s Heady Expansion Is Working — H1 Revenues Nearly $300 Million

Marsha Silva
August 31, 2018
BMG reported growth during the first half of 2018 with an increase in sales by 3.3% to $281 million compared to the first half of 2017. When you subtract the negative effects of currency, BMG actually grew b... Read More...
Napster Proves Streaming Music is Profitable

Napster Proves That Streaming Music Can Be Profitable

Daniel Sanchez
August 21, 2018
3
Paid only.  Lower subscriptions.  No IPO.  And, a small profit.  What could Spotify and other streaming music services stand to learn from Napster? Last month, Spotify reported a new record in its Q2 2018 fi... Read More...

Vivendi Is Selling 50% of Universal Music Group — But Who’s Buying?

Paul Resnikoff
July 30, 2018
The biggest label in the world is for sale — or at least half of it is. In case your Monday was getting lackluster, here's a bombshell to spice things up.  French media conglomerate Vivendi is now planning t... Read More...

Why Pandora Still Has a Long, Long Way to Go

Daniel Sanchez
May 4, 2018
6
Pandora Media’s Q1 2018 may look great at first.  But, just look a little closer. Pandora Media has reported better-than-expected first quarter financial results.  The company posted a lower quarterly loss t... Read More...
Streaming Pushes Sony Music's Revenue Over $4 Billion

Streaming Pushes Sony Music’s Revenue Over $4 Billion

Daniel Sanchez
April 27, 2018
Thanks to streaming, Sony Music CEO Rob Stringer had a great first year. Sony Corporation has published its earnings report for the 2017-2018 fiscal year ending March 31st, 2018.  The company’s music divisio... Read More...
SoundCloud's Financial Losses Are Way, Way Worse Than We Thought

SoundCloud’s Financial Losses Are Way, Way Worse Than We Thought

Daniel Sanchez
April 13, 2018
5
SoundCloud’s revenues topped $100 million last year.  That’s great!  But, its losses totaled nearly $100 million in 2016.  It will likely grow even more.  =( Speaking with the Financial Times just over a wee... Read More...
SoundCloud's Revenue Topped $100 Million. Here's Why It Probably Doesn't Matter.

SoundCloud’s Revenue Just Topped $100 Million. Here’s Why That Probably Doesn’t Matter.

Daniel Sanchez
April 3, 2018
6
2017 revenues have skyrocketed. Yet, without a viable long-term strategy, is SoundCloud doomed to repeat its own troubled history? To be honest, SoundCloud didn’t have a great 2017. First, it kicked off t... Read More...

How Much Is the ‘Netflix of China’ Worth? iQIYI Is Preparing a Massive IPO

Ruzanna Azaryan
March 22, 2018
Times are good for streaming companies — at least on Wall Street.  Now, Chinese streaming giant iQIYI is projected to reach a $13 billion valuation on NASDAQ. The iQIYI video streaming company, based in Chin... Read More...
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    Will the Music Industry Ever Get a Handle on Rightsholder Payouts?

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