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 ...
Tag: Revenue
SM Entertainment reports $185m in Q2 sales, driven by near-doubling of concert revenue
South Korea’s SM Entertainment has recorded a jump in sales from both albums and concerts, but weak performances at some ...
Warner Music Group just bucked the trend of streaming revenue growth slowdowns. How?
MBW Reacts is a series of analytical commentaries from Music Business Worldwide written in response to major recent entertainment events ...
Sony unfazed by streaming music revenue growth slowdown in calendar Q2
As covered by MBW earlier today (August 7), Sony’s global music rights operation posted double-digit growth for calendar Q2 (fiscal ...
Spotify’s audiobook bundling move will swipe 1% of Reservoir’s FY 2025 annual revenue, estimates company
Spotify’s decision to classify its Premium subscription tiers as a bundle (i.e., music streaming plus audiobooks) has upset many in ...
Why UMG’s slowdown in streaming revenue growth is (partly) an illusion… and 4 other things we learned from Universal’s latest earnings call
The news about Universal Music Group following its latest earnings report yesterday (July 24) has been dramatic, to say the ...
US music publishing revenue jumped 10.7% to $6.2bn in 2023… outstripping recorded music’s growth in percentage terms
The US music publishing industry is facing a new challenge in the form of Spotify’s unexpected reduction to its mechanical ...
Sanujeet Bhujabal named Managing Director, Universal Music India and South Asia; Viral Jani appointed Chief Revenue Officer
Universal Music India has announced two new strategic leadership appointments, with Sanujeet Bhujabal being appointed Managing Director, Universal Music India ...
Reservoir reports double-digit revenue jump in latest fiscal year, to $144.9m
Music rights company Reservoir Media has reported a large jump in revenue in the latest quarter and for its recently-ended ...
