EU to launch ‘full-scale’ investigation into UMG’s $775m Downtown deal, Reuters reports
The European Commission is planning to open a “full-scale” investigation into Universal Music Group‘s proposed acquisition of Downtown Music Holdings.That’s ...
Tag: Reports
Live events and ticketing company DEAG reports 18% jump in revenue to record high $400m in 2024
Germany-headquartered live events and ticketing company DEAG has reported an 18% YoY increase in revenue for 2024.In an earnings report ...
NetEase Cloud Music reports 23.1% jump in music revenue for 2024 as profits soar
NetEase Cloud Music, China’s second-largest provider of music streaming services, reported a 23.1% year-on-year jump in revenue from online music ...
Streaming service Mdundo reports 45% surge in subscription revenue as it sets sights on users outside Africa
Mdundo, an Africa-focused music streaming service, has released its earnings for the first half of its fiscal year, showing a ...
India’s Tips Music reports 20% revenue jump in latest quarter
Mumbai-headquartered Tips Music, formerly Tips Industries, has reported a surge in revenue in its latest fiscal quarter, as well as ...
Producers who worked on Kanye West and Ty Dolla $ign’s Vultures albums have not been paid, per reports
Producers who worked on Kanye West and Ty Dolla $ign’s Vultures albums have still not been paid, according to reports.Per ...
Trump allies say he’s likely to reverse TikTok ban (reports)
US President-elect Donald Trump, who once sought to ban TikTok during his first term, is now expected to take measures ...
Deezer reports 11% revenue growth for calendar Q3
France-headquartered music streaming service Deezer has reported 11% revenue growth for calendar Q3 2024, even as the company’s paying subscriber ...
Global songwriter royalty collections rose 7.6% to $12.7bn in 2023, CISAC reports
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of ...
Alliance Entertainment reports increase in CD sales, thanks to K-pop and Taylor Swift
CD sales may be declining worldwide, but a prominent US distributor and wholesaler of physical music media says its CD ...
