Photo Credit: Alex Haney Going on six months after its acrimonious split with rapper Kanye West, Adidas is still sitting on a mountain of Yeezy merch. A $1.3 billion mountain, by some estimates. During its […]
Photo Credit: Spotify Miley Cyrus’ “Flowers” has become the fastest song to reach one billion streams in history. The song has attracted worldwide attention for its lyrics, which some fans believe gives insight into her […]
Photo Credit: Brett Jordan Apple beat analyst expectations for the first quarter, with its services segment, including Apple Music, reporting record revenue of $20.9 billion. Despite analysts expecting a problematic fiscal quarter, tech giant Apple […]
Photo Credit: Meta Will Mark Zuckerberg’s metaverse vision ever materialize? Meta’s Reality Labs burned through $3.99 billion last quarter—around $44 million a day. In total, the division has lost a staggering $30 billion. Meta’s Q1 […]
Photo Credit: Andrea Czapary Martin, CEO of PRS for Music PRS for Music reports a dramatic recovery from the pandemic, with record-breaking revenues as collections approached £1 billion in 2022. PRS for Music, the UK-based […]
Parrotheads rejoice! Jimmy Buffett, the man who famously sang about cheeseburgers in paradise and being wasted away in Margaritaville, has officially partied his way to celebrity billionaire status. That’s right, the “Margaritaville” singer’s fortunes recently […]
Daniel Snyder has owned the professional football team in Washington, D.C., for nearly a quarter-century. He purchased the then-Redskins in 1999 for $800 million, which was a record at the time. Since then, the team […]
Photo Credit: RIAA US-based Latin music revenues reached an unprecedented $1.1 billion in 2022 with a 6.9% market share, according to a new report from the RIAA. The Recording Industry Association of America (RIAA) reported […]
Elon Musk has a lot on his plate right now, between his duties as head of Tesla and SpaceX and, of course, Twitter. And in fact, it’s Musk’s tweets that have resulted in yet another […]
Jay-Z’s net worth soars to $2.5 billion ( Photo Credit – Wikimedia ) Hip-hop mogul Jay-Z has seen his net worth soar to a new height. He boasts a fortune of $2.5 billion. According to […]
Broadcaster Alex Jones is on the hook for roughly $1.5 billion in damages to the families of the victims of the 2012 shooting at Sandy Hook Elementary. The damages were rewarded by two juries, one […]
Global recorded music industry revenue by year. Photo Credit: IFPI Following a nearly 19% year-over-year jump in global recorded music industry revenue during 2021, continued streaming growth drove a comparatively modest 9.2% increase during 2022, […]
Photo Credit: crommelincklars / CC by 2.0 With the artificial intelligence boom in full swing, Character.AI, which enables users to have text-based conversations with imitations of public figures including artists, now boasts a reportedly $1 […]
U.S. recorded music revenue approached $16 billion during 2022 as streaming subscriptions generated more than $10 billion for the first time, according to a new report. Photo Credit: RIAA The value of the U.S. recorded […]
Photo Credit: ASCAP The American Society of Composers, Authors and Publishers (ASCAP) has reported a record high of $1.52 billion in collections for 2022, with over $1.38 billion having been made available for distribution to […]
The Powerball winner, turned instant billionaire, obviously has a lot to celebrate … but wait until you see inside the home he purchased with just a fraction of his winnings. The three-story $25.5M mega-mansion sits […]
Photo Credit: BVMI BVMI revealed that the German music industry generated €2.07 billion in 2022. This is not the first time the German music industry has hit the €2 billion mark — though it’s been […]
Every year between 2011 and 2018 Floyd Mayweather was the highest paid athlete in the world. No other athlete came close. To date, Floyd has earned over $1.1 BILLION during his career. At his peak, […]
Photo Credit: Roblox Roblox released its fourth-quarter, year-end financial earnings for 2022, which show jumps in revenue and bookings while losses continue to deepen. The company saw a 16% increase in revenue year-on-year, with $2.2 […]
Thanks to “Boy With Luv,” BTS have continued to make history by releasing the first Korean-language song to surpass 1 billion streams on Spotify. The Halsey-featuring track appears on BTS’ 2019 EP Map of the Soul: […]