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Trending
  • 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

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Is SoundCloud's 'Desperate' Funding Fake News? Probably Not

Near-Bankrupt SoundCloud Calls the Financial Times ‘Fake News’

Daniel Sanchez
February 14, 2017
1
If it looks like a duck, walks like a duck, quacks like a duck, then, according to SoundCloud, it’s probably fake news. First, Spotify walked away from a rumored acquisition deal.  According to the Swedish c... Read More...

Is SoundCloud Imploding? Top Execs Jump Ship as ‘Desperate’ Fundraising Begins

Daniel Sanchez
February 13, 2017
6
Will 2017 see the end of SoundCloud? 2017 is shaping up to be a difficult year for SoundCloud.  Several months ago, Spotify walked away from SoundCloud acquisition talks.  In fact, SoundCloud co-founder Alex... Read More...
Tim Westergren's Resignation Letter Makes You Wonder What's Next

Will Pandora Ever Make Money? Two-Year Losses Top $512.7 Million

Daniel Sanchez
February 10, 2017
2
How will Pandora survive in the streaming market when it keeps posting triple-digit annual losses? For the fourth quarter of 2016, Pandora reported revenue of $392.6 million. Although the figures beat Wall S... Read More...
Thank You, Streaming and Bruno Mars: WMG Posts Strong Q1

Thank You, Bruno Mars and Streaming: WMG Posts Strong Q1

Daniel Sanchez
February 7, 2017
2
It’s a good time to be a Warner Music Group artist. Today, Warner Music Group released their first quarter financials ending on December 31, 2016. As expected, streaming pushed overall label revenues higher ... Read More...
Handshake

UMG and Global Eagle Entertainment Reach $20 Million Settlement

Daniel Sanchez
August 15, 2016
After 2 years of litigation, Global Eagle Entertainment and UMG Recordings have finally reached a settlement. According to an 8-K filed with the United States Securities and Exchange Commission, both parties... Read More...
The Get Down

“The Get Down,” Netflix’s Most Expensive Series, Premieres Today

Daniel Sanchez
August 12, 2016
1
With a price tag of $120 million just to produce, and around $10 million for each episode produced, 'The Get Down' has a lot to live up to. With Marco Polo previously holding the title of one of the most exp... Read More...
Bkstg.com

CEO and President Pushed Out of $20 Million-Backed BKSTG

Daniel Sanchez
August 8, 2016
The social music startup scene hasn’t been doing so hot. The UK Business Insider reported in July that UK-based Crowdmix would be going into administration, leaving 130 jobs up in the air.  Staff will be wit... Read More...
Advertising

The US Government Is About to Close a Huge Artist Windfall…

Daniel Sanchez
August 8, 2016
1
The FTC is kiboshing deceptive artist advertising. Celebrity endorsements are usually unclear, even more so in the social media realm. Are they posting photos of their favorite products like alcoholic drinks... Read More...
Warner Music Group Logo

Thanks to Streaming Revenue, Warner Music Group Posts Strong 3Q Earnings

Daniel Sanchez
August 4, 2016
In very, very good news for the music group, in a conference call announcing its third-quarter financial results ended on June 30, Warner Music Group posted only a $9 million loss on revenues of $811 million, a... Read More...

Two-Thirds of All Music Sold Comes from Just 3 Companies

Paul Resnikoff
August 3, 2016
5
There are hundreds of record labels in the world.  Three of them sell most of the music. Despite massive disruption and upheaval over nearly two decades, the recorded music industry remains highly concentrat... Read More...
Guvera Faces Federal Investigation Over Shocking $180 Million Loss

Guvera’s Indian Hope Flounders Under the Weight of Debt

Daniel Sanchez
August 3, 2016
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Here at Digital Music News, we’ve reported on troubled music streaming start-up closing down shop in Australia after failing to open their IPO to better focus on emerging markets like India, Indonesia, Saudi Ar... Read More...
SeungRi TMG

How to Run a Profitable Music Streaming Business, by QQ Music

Daniel Sanchez
August 2, 2016
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Will the world's first profitable streaming music company come from China? QQ Music says it's already in the black. Spotify is beating out Apple Music with 40 million paying subscribers.  They have an impres... Read More...
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  • Photo: Tsunami Green

    Will the Music Industry Ever Get a Handle on Rightsholder Payouts?

    Digital formats have been around for decades. So why is the music industry still struggling with sluggish payouts, met... Read More...
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