Tag: revenue

YouTube Shorts to split share of ad revenue between music rightsholders and creators from February 1
Shorts' revenue-sharing model replaces the YouTube Shorts Fund Source...

SiriusXM explores job cuts on slowing revenue growth (Report)
Firm warned of potential job cuts in a November 28 town hall with employees, according to Bloomberg Source...

Now Triller says it’s exploring revenue share deals with major labels (while being sued by Sony)
Triller spokesperson responds to news of labels' music being removed from service and reveals revenue share plans Source...

Live music promoter DEAG’s Q3 revenue up 72% versus pre-Covid level
Company generated $106m in revenue in Q3, accoridng to preliminary earnings results Source...

10 years ago, Warner Music’s Top 5 superstars generated 15% of its revenue. Today, that number is down to just 5%.
MBW drills into the numbers of Steve Cooper's surprising revelation on WMG's earnings call this week Source...

NetEase Cloud Music revenues reach $331m in Q3, up 22.5% YoY
Cloud Music accounted for 9.7% of parent company’s overall revenue in Q3 Source...

BMG buys Harry Nilsson song rights, including publishing catalog, as well as artist and writer revenue streams
Deal includes artist and writer revenue streams of his hit songs Source...

TikTok cuts global revenue target for 2022 by $2bn (report)
Company reportedly initially expected revenue to range between $12bn and $14.5bn Source...

Labels asking TikTok for share of ad revenue in new deal talks (report)
Bloomberg reports that the three majors are asking TikTok for a share of ad revenues in talks for new deals Source...

Elon Musk says Twitter will soon ‘share revenue with content creators’. Will that include music?
Musk says Twitter is planning to host its own longer-form video content – and share revenue with creators Source...

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