Photo Credit: Kobalt Music Kobalt Music achieved a 22 percent year-over-year (YoY) revenue increase during the 12 months ending on June 30th, 2022, generating north of $600 million, according to a new earnings analysis. New […]
Photo Credit: Tony Webster / CC by 3.0 Universal Music Group (UMG) generated north of €2.94 billion (currently $3.12 billion) during 2022’s final three months, when recorded music streaming revenue grew by nearly 19% year […]
Live Nation (NYSE: LYV) posted continued revenue growth (including a 66 percent year-over-year improvement in concerts income) during Q4 2022, but has nevertheless seen its stock price slip. The Beverly Hills-based promoter just recently unveiled […]
Photo Credit: HYBE Corporation Notwithstanding K-pop sensation BTS’ hiatus, Hybe achieved double-digit revenue growth – and suffered a more than $144 million net loss – during Q4 2022, according to a newly released earnings report. […]
Photo Credit: NetEase NetEase Cloud Music generated CNY 2.36 billion (currently $328.89 million) during Q3 2022, according to a newly released earnings report, representing a more than 22 percent year-over-year (YoY) increase. The China-based music […]
Photo Credit: Thibault Penin Spotify subscribers, monthly average users, and revenues all headed north during the latest third quarter. Wall Street sent shares south. It was an impressive third-quarter financial review for Spotify on Tuesday, […]
Photo Credit: CBS XL Recordings Limited achieved a material revenue increase during 2021 after securing the stateside rights to Adele’s first three studio albums, according to a newly released earnings report. XL Recordings just recently […]
Photo Credit: AJeong_JM / CC by 4.0 Notwithstanding BTS members’ much-publicized plans to pursue solo careers, Hybe (KRX: 352820) reported an 83.8% year-over-year revenue hike during 2022’s second quarter. The Seoul-headquartered company revealed this and […]
Shared from Business of Fashion The cosmetic giant’s net sales were up 12.4 percent year-on-year in 2021, and EBITDA, or earnings before interest, taxes, depreciation and amortisation, rose 141.7 percent, to 172.56 billion yen ($1.5 […]