Universal Music Group’s recorded music subscription streaming revenues topped $5bn in 2024, up 9.1% YoY
Universal Music Group‘s latest FY results are out.Within UMG’s financial figures for the 2024 fiscal/calendar year lies this pearl: the ...
Tag: revenues
Superstruct revenues jumped 26% to $222m in 2023 – the year before it was acquired by KKR in a $1.4bn deal
Live music events organizer and promoter Superstruct Entertainment reported a 25.9% YoY increase in revenue for 2023 – the year ...
BTS, once HYBE’s top earner, accounted for below 20% of the K-Pop giant’s revenues in 2024
June 15, 2022, was a pivotal day for BTS and their record company HYBE.It was the day that HYBE confirmed ...
Universal Music generated $3.15bn in Q3; subscription streaming revenues grew 8.2% YoY
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of ...
YouTube ad revenues reached $8.92bn in Q3, up 12.2% YoY
For the first time ever, YouTube’s subscription and advertising revenues have surpassed $50 billion over four quarters.Sundar Pichai, CEO of ...
Latin Music generated $685m in US recorded music revenues in the first half of 2024 – up 7% YoY
It’s no secret that Latin Music has become a huge part of the US music industry (not to mention the ...
France’s recorded music market generated $450m in H1, as paid subscription revenues grow 11.3% YoY
MBW’s Stat Of The Week is a series in which we highlight a data point that deserves the attention of ...
Spain’s recorded music industry revenues reached $269m in H1, up 16.6% YoY
Spain generated recorded music revenues of €249.8 million (USD $269m) in H1 2024, up 16.6% YoY.That’s according to Promuscae, the ...
Sony generated $2.54bn from recorded music and publishing in calendar Q2, up 11.4% YoY; recorded music streaming revenues up 5.0% YoY
Sony’s global music rights operation – across recorded music and music publishing – generated USD $2.54 billion in the three ...
YouTube ad revenues jump 13% to $8.7B in Q2, but fall short of analysts’ expectations
YouTube’s business is growing – though perhaps not as quickly as markets would like.The video streaming service’s parent company, Alphabet, ...
