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, […]
Photo Credit: Alexander Shatov Snapchat achieved an 18 percent year-over-year jump in daily active users during Q1 2022 – the first full quarter in which it’s had licensing deals in place with each of the […]
Hong Kong CNN Business — Tencent’s stock suffered a sharp drop after the company reported its slowest-ever growth thanks to a bruising crackdown by China on the country’s tech sector. Shares in the Chinese social […]
Shared from www.businessoffashion.com China’s Alibaba Group Holding Ltd on Thursday reported its slowest-ever increase in quarterly revenue since going public in 2014, as tepid growth in core e-commerce business and intensifying competition ate into its sales. Revenue […]
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 […]
Shared from Business of Fashion The grey-market luxury online retailer has reported 154 million Australian dollars (US$109.7 million) in gross revenue for the six months ended December 31. Cettire, which sells a vast array of […]