SOCAN CEO Jennifer Brown. Photo Credit: SOCAN SOCAN has reported north of $390 million (CA$559.4 million) in revenue for 2024, when its collections growth rate slowed a bit from 2023. The Canadian PRO disclosed this […]
A breakdown of Latin music recorded revenue in the United States by year. Photo Credit: RIAA Despite experiencing a noticeable growth-rate slowdown, Latin music generated all-time-high recorded revenue in the U.S. during 2024, per a […]
BMG has reported over $1 billion in revenue for 2024, which is said to have delivered approximately $540 million worth of catalog acquisitions and signings. Photo Credit: BMG Thanks to its direct-distribution pivot, several acquisitions, […]
EY is forecasting 21 million paid streaming subscriptions for the Indian music market by 2027. Photo Credit: EY Amid a major paid streaming push, the Indian music market more than doubled its subscription revenue during […]
An aerial shot of Berlin’s Waldbühne, which CTS Eventim operates. Photo Credit: Arne Müseler After reporting all-time-high revenue for 2024’s first nine months, CTS Eventim has confirmed record full-year financials. The Bremen-based events giant just […]
PPL CEO Peter Leathem, whose organization has reported record revenue for 2024. Photo Credit: PPL Thanks in large part to heightened licensing payments from physical establishments, the UK’s PPL has reported all-time-high revenue of nearly […]
Newly released vinyl sales data is raising questions about a possible plateau. Photo Credit: Myko Makhlai We’ve been hearing about the streaming plateau for some time. But after nearly two decades of consecutive growth for […]
Amid growth slowdowns in North America and Asia, besides double-digit expansions in other regions, global recorded music industry revenue increased by 4.8% in 2024. Photo Credit: IFPI The global recorded music industry generated $29.6 billion […]
A breakdown of U.S. recorded music industry revenue in 2022, 2023, and 2024. Photo Credit: RIAA Paid on-demand music streaming subs hit 100 million to close out 2024, when overall streaming revenue increased by a […]
A breakdown of ASCAP revenue by year. Photo Credit: ASCAP The American Society of Composers, Authors and Publishers (ASCAP) has reported a 5.7% year-over-year revenue boost for 2024, which is said to have delivered all-time-high […]
LiveOne has posted its first quarterly earnings report after adjusting a long-running Tesla deal. Photo Credit: Bram Van Oost Two months and change following the end of its subsidy under Tesla Premium Connectivity, LiveOne (NASDAQ: […]
Ateez, whose Golden Hour: Part.2 released via RCA in the U.S. and, per a new earnings report, generated the most revenue of any Sony Music project during 2024’s final three months. Photo Credit: ARATV Sony […]
Warner Music Group head Robert Kyncl appears before Congress in support of federal voice and likeness protections. Photo Credit: Shannon Finney, Getty Images for RIAA Warner Music Group has acknowledged encountering “some pressure” during the […]
YouTube ad revenue topped $10.4 billion during Q4 2024, per Alphabet’s latest earnings report. Photo Credit: Azamat E Thanks in large part to massive spending on political spots, YouTube advertising revenue cracked $10 billion during […]
SiriusXM has reported a year-over-year revenue decline for Q4 2024, when net income nevertheless improved from the same period in 2023. Photo Credit: SiriusXM SiriusXM suffered a revenue decrease during 2024’s final quarter, but the […]
Shroud disclosed his monthly YouTube earnings as part of a wide-ranging discussion about his overall income while live on Twitch, but stated it’s not what “people would probably expect.” As part of this Fragathon charity […]
River Thames as seen from London. Photo Credit: Georg Eiermann Thanks in large part to continued streaming and vinyl growth, the UK music industry generated all-time-high recorded revenue during 2024, according to newly released data. […]
A new report is breaking down the possible impact of generative AI on music industry revenue. Photo Credit: Possessed Photography Just how big an impact will generative AI have on the music sector? A study […]
A live performance from Pink, who’s said to have generated close to $700 million in gross ticketing revenue while touring during 2023 and 2024. Photo Credit: Talitha Conway “Who Knew” Pink was selling so many […]
Warner Music Group head Robert Kyncl, whose company has reported modest calendar Q3 2024 revenue growth, speaking before the Senate Judiciary Subcommittee on Intellectual Property. Photo Credit: RIAA Is Warner Music Group’s streaming growth actually […]