SM Entertainment’s operating profit soars 261% amid streak of hit K-pop albums, growth at fan platform DearU
South Korea’s SM Entertainment, known for K-pop acts such as NCT 127, EXO, Riize, and aespa, has reported a massive ...
Tag: profit
Sony generated $2.54bn from recorded music and publishing in calendar Q1 2025; Sony Music Group predicted to grow profit by ‘high single digits’ over next 12 months
Sony’s global music rights operation – across recorded music and music publishing – generated USD $2.54 billion in the three ...
Saudi wealth fund exits Live Nation stake, after making $930M in profit
Saudi Arabia’s Public Investment Fund (PIF) has completely divested its position in Live Nation Entertainment, capping off a highly profitable ...
NetEase Cloud Music profit soars as revenue from streaming subscriptions jumps 25.5% YoY
Cloud Music, China’s second-largest operator of music streaming services, has reported at 26.6% YoY jump in revenue from online music ...
Spotify co-founder cashes out $85.8m in stock after streamer posts record profit… as songwriters brace for $150m royalty cut this year
Spotify is a profitable company – and the markets are delighted.The streaming service’s share price shot up around 14% on ...
