Shibuya, Tokyo, Japan. Photo Credit: Jezael Melgoza The Japanese recorded music industry achieved a more than 17% year-over-year increase in digital revenue during 2022, when streaming gains (including an 18.54% YoY boost in subscription revenue) […]
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. […]
Use Scan QR Code to copy link and share it As they prepare to play their first shows in three years, this is the story of how Casey came back together and what it means […]
Photo Credit: Anghami Anghami cuts 22% of its staff despite solid revenue growth — a “sustained focus on profitability” that required “tough measures,” including the 22% headcount reduction and a 19% decrease in cloud computing […]
Andrew Amos ❘ Published: 2022-11-09T06:10:00 ❘ Updated: 2022-11-09T05:28:24 VTubers are continuing their dominant rise on Twitch and YouTube, with five creators making up the top 10 women streamers across all platforms […]
Andrew Amos ❘ Published: 2022-11-09T06:10:00 ❘ Updated: 2022-11-09T05:28:24 VTubers are continuing their dominant rise on Twitch and YouTube, with five creators making up the top 10 women streamers across all platforms […]
Photo Credit: ASM Global ASM Global’s New College Collective Continues to Expand Its Stable of Higher Institutions With the Addition of the University of Colorado ASM Global, representing over 350 of the premier arenas, stadiums, […]
Photo Credit: Deezer Deezer has reported a 13.8 percent year-over-year (YoY) revenue boost for 2022’s third quarter amid a push for €1 billion in annual income. The Access Industries-owned platform, which debuted on the Euronext […]
Microsoft Gaming CEO Phil Spencer has revealed that the company’s Xbox Game Pass subscription service is already profitable. Speaking at The Wall Street Journal’s Tech Live conference, Spencer also revealed that Xbox Game Pass is […]
Photo Credit: atVenu Live event and merchandise payment platform atVenu scores $30 million in funding from Frontier Growth. The California-based company atVenu, a platform that processes live event and concert merchandise payments, announces raising $30 […]
Seoul, South Korea. Photo Credit: Mathew Schwartz CT Investments has officially launched an exchange-traded fund (ETF) called KPOP and Korean Entertainment, which is designed to enable K-pop’s notoriously dedicated supporters to back the space’s foremost […]
COVER Corp CEO Motoaki ‘Yagoo’ Tanigo has suggested that Hololive Production could soon make waves in Europe and South America with VTuber talent potentially being developed there. The world of VTubers – Virtual YouTubers – […]
Tencent Music (NYSE: TME) generated over $131 million in net profit during Q2 2022, when a double-digit jump in paid users helped to offset material declines in total users for streaming as well as social […]
Middle Eastern streaming service Anghami achieved a 29 percent year-over-year revenue increase during 2022’s opening half, according to a newly released earnings report, as “monthly paying subscribers” hiked by 41 percent (to 1.28 million) from […]
Photo Credit: Tony Webster / CC by 3.0 Universal Music Group (UMG) revenue jumped by 25.4 percent year over year during Q2 2022, as streaming income once again improved by double digits. The Big Three […]
‘CHEERS’ marks the sub-unit’s first single in five years, after 2017’s ‘Change Up’ MANILA, Philippines – SVT LEADERS, the trio composed of SEVENTEEN’s unit leaders S.coups, Woozi, and Hoshi, released on Thursday, July 7, the […]
Warner Music Group’s Spinnin’ Records has officially revealed a series of “changes to boost future growth,” with an emphasis on Web3 and non-fungible tokens (NFTs). Hilversum, Netherlands-headquartered Spinnin’ Records, which Warner Music bought half a […]
Photo Credit: Madeleine Ragsdale Fanimal, which bills itself as a “live events platform and zero-fee ticket marketplace,” has announced a $4 million funding round amid the ongoing return of crowd-based entertainment. Venice, California-headquartered Fanimal, which […]
A nighttime shot of Tel Aviv, Israel. Photo Credit: Shai Pal Warner Music Group (WMG) has officially established a division in Tel Aviv, Israel. The Big Three record label formally announced the arrival of Warner […]
PRS for Music achieved a 22.4 percent year-over-year (YoY) revenue increase in 2021, even as royalties from live shows and plays in public establishments remained nearly 40 percent beneath their pre-pandemic total. 108-year-old PRS for Music, […]