Tag: financial https://www.earlsmusic.net/taxonomy/term/70/all en Warner Music Group generated $1.48bn in calendar Q1 2025; subscription streaming revenues rose 3.2% YoY https://www.earlsmusic.net/warner-music-group-generated-148bn-calendar-q1-2025-subscription-streaming-revenues-rose-32-yoy Warner Music Group has issued its financial results for the three months ended March 31, 2025 (calendar Q1 – the company’s fiscal Q2). <p><a href="https://www.musicbusinessworldwide.com/warner-music-group-generated-1-48bn-in-calendar-q1-2025-subscription-streaming-revenues-rose-3-2-yoy/" rel="nofollow">Source</a></p> financial Thu, 08 May 2025 14:22:04 +0000 admin 499440 at https://www.earlsmusic.net Spotify posts record-high operating profit for Q1, as subscriber base grows by 5m to 268m paid users https://www.earlsmusic.net/spotify-posts-record-high-operating-profit-q1-subscriber-base-grows-5m-268m-paid-users SPOT's latest financial results (for Q1 2025) were filed today (April 29) <p><a href="https://www.musicbusinessworldwide.com/spotify-posts-record-high-operating-profit-for-q1-as-subscriber-base-grows-by-5m-to-268m-paid-users/" rel="nofollow">Source</a></p> financial Tue, 29 Apr 2025 11:56:05 +0000 admin 499384 at https://www.earlsmusic.net India’s Tips Music generated $9.1m in calendar Q1 as EBITDA grew 24% YoY https://www.earlsmusic.net/india%E2%80%99s-tips-music-generated-91m-calendar-q1-ebitda-grew-24-yoy Tips' operating EBITDA grew 24% YoY in calendar Q1 to reach USD $4.3m <p><a href="https://www.musicbusinessworldwide.com/indias-tips-music-generated-9-1m-in-calendar-q1-as-ebitda-grew-24-yoy/" rel="nofollow">Source</a></p> financial Thu, 24 Apr 2025 15:24:38 +0000 admin 499365 at https://www.earlsmusic.net Bill Ackman, who wants to move UMG’s financial HQ to the US, calls for ‘time out’ on Trump’s tariff war https://www.earlsmusic.net/bill-ackman-who-wants-move-umg%E2%80%99s-financial-hq-us-calls-%E2%80%98time-out%E2%80%99-trump%E2%80%99s-tariff-war Ackman, a Trump supporter, says the tariff war could destroy international confidence in the US as a trading partner and investment destination. <p><a href="https://www.musicbusinessworldwide.com/bill-ackman-who-wants-to-move-umgs-financial-hq-to-the-us-calls-for-time-out-on-trumps-tariff-war/" rel="nofollow">Source</a></p> financial trading Tue, 08 Apr 2025 10:19:41 +0000 admin 499282 at https://www.earlsmusic.net 5 million songs and $288m spent on catalogs: 8 Things We Learned from Universal Music Group’s 2024 Annual Report https://www.earlsmusic.net/5-million-songs-and-288m-spent-catalogs-8-things-we-learned-universal-music-group%E2%80%99s-2024-annual-repo From the balance of catalog and frontline to granular financial details, MBW wades through a treasure trove of data <p><a href="https://www.musicbusinessworldwide.com/5-million-songs-and-288m-spend-on-catalog-8-things-we-learned-from-universal-music-groups-2024-annual-report/" rel="nofollow">Source</a></p> financial Tue, 01 Apr 2025 11:34:45 +0000 admin 499246 at https://www.earlsmusic.net 22,100 artists generated over $50k on Spotify last year. The company argues that ‘way more artists are generating meaningful money now than in any previous era of the music industry’. https://www.earlsmusic.net/22100-artists-generated-over-50k-spotify-last-year-company-argues-%E2%80%98way-more-artists-are-generating-m MBW interviews Charlie Hellman, Spotify's Global Head of Music Vertical <p><a href="https://www.musicbusinessworldwide.com/charlie-hellman-22100-artists-generated-over-50-meaningful/" rel="nofollow">Source</a></p> financial money Thu, 27 Mar 2025 19:35:37 +0000 admin 499225 at https://www.earlsmusic.net Deezer’s revenues grew 12.7% YoY to $586m in 2024, as operating loss narrows https://www.earlsmusic.net/deezer%E2%80%99s-revenues-grew-127-yoy-586m-2024-operating-loss-narrows Deezer has published its financial results for the full year ending December 31, 2024 <p><a href="https://www.musicbusinessworldwide.com/deezers-revenues-grew-12-7-yoy-to-586m-in-2024-as-operating-loss-narrows/" rel="nofollow">Source</a></p> financial Tue, 18 Mar 2025 19:45:53 +0000 admin 499158 at https://www.earlsmusic.net Believe generated over $1bn in 2024, as company’s annual revenues grow 11.5% YoY https://www.earlsmusic.net/believe-generated-over-1bn-2024-company%E2%80%99s-annual-revenues-grow-115-yoy Paris-headquartered music company has published its financial results for FY 2024 <p><a href="https://www.musicbusinessworldwide.com/believe-generated-over-1-billion-in-2024-as-annual-revenues-grow-11-5-yoy/" rel="nofollow">Source</a></p> financial Thu, 13 Mar 2025 19:31:33 +0000 admin 499139 at https://www.earlsmusic.net The MLC asks court to reconsider dismissal of Spotify ‘bundling’ lawsuit https://www.earlsmusic.net/mlc-asks-court-reconsider-dismissal-spotify-%E2%80%98bundling%E2%80%99-lawsuit "At stake is an unprecedented interpretation of regulatory language that would have far-reaching and profound financial consequences on an entire creative industry." <p><a href="https://www.musicbusinessworldwide.com/the-mlc-asks-court-to-reconsider-dismissal-of-spotify-bundling-lawsuit/" rel="nofollow">Source</a></p> financial Thu, 13 Feb 2025 16:42:58 +0000 admin 498992 at https://www.earlsmusic.net