Tag: revenue

‘We need a change in approach to ensure songwriters are fairly remunerated for music that hugely enhances the gaming experience.’
George Rose, Head of Broadcast and Digital and Graham Best, Senior Manager - New Digital Markets, PRS for Music, look at the changing and crucial relationship between music and games, along with the l...

SM Entertainment revenues up 5% to $166m in Q1 2025 on music, concert growth
The South Korean entertainment giant attributed its revenue growth to increased music and concert turnover Source...

Live Nation posts Q1 revenue decline, but says 2025 will be ‘historic year for live music’
Currency fluctuations, non-concert activities and the effort to optimize ticket prices dragged down Live Nation's earnings Source...

NMPA says Spotify’s Q1 growth due to ‘undercutting of songwriters’ via audiobook bundling
The NMPA says Spotify’s global subscriber and revenue growth is "being subsidized by US songwriters” Source...

Deezer’s revenue increased to $141m in Q1 as streaming service forecasts swing to positive EBITDA this year
Despite a drop in total subscribers, CEO Alexis Lanternier says the company is confident of 'reaching profitability this year' Source...

HYBE revenues soared 39% YoY to record $349m in Q1, driven by tours and merch from SEVENTEEN, j-hope, ENHYPEN and other K-Pop stars
HYBE surpassed the 500 billion South Korean won quarterly revenue mark for the first time in the first quarter of 2025. Source...

Live events and ticketing company DEAG reports 18% jump in revenue to record high $400m in 2024
The company says it made a 'conscious' decision to increase spending on longer-term investments, even if it meant a shrinking EBITDA Source...

Oscar Höglund talks Epidemic Sound’s revenue growth and vast reach: ‘We get roughly 3bn daily views. That’s 20 Super Bowls per day, 365 days per year.’
MBW's World Leaders series meets Oscar Höglund, CEO of Epidemic Sound Source...

Tariff-proof, recession-proof music industry will thrive despite global uncertainty, TD Cowen analysts say
TD Cowen analysts see lots of runway for music revenue growth, and little risk from tariffs or a potential recession Source...

Africa-focused music streamer Mdundo hits 39.2m users as it expands into first francophone market
Mdundo maintained its lowered annual revenue guidance due to billing issues with its two largest telecom partners Source...

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