London, England. Photo Credit: Benjamin Davies Thanks largely to continued streaming and vinyl growth, UK music industry sales increased by about three percent during 2022 and approached £1.99 billion, according to a newly released preliminary […]
Photo Credit: YouTube YouTube Shorts is officially preparing to implement a new revenue sharing model – a move that could draw creators away from TikTok, which continues to grapple with bans and far-reaching lawsuits in […]
Berlin, Germany. Photo Credit: Stefan Widua Berlin-headquartered concert and festival promoter DEAG Entertainment Group turned in a more than 70 percent Q3 2022 revenue increase compared to the same period in 2019, according to a […]
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: 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 […]
Photo Credit: Eyestetix Studio The major labels are reportedly demanding a portion of TikTok’s advertising income as part of licensing talks – even though the ByteDance-owned platform has slashed its 2022 revenue target by north […]
Zackerie Fairfax ❘ Published: 2022-11-06T22:47:14 ❘ Updated: 2022-11-06T22:47:23 A Twitch streamer recently began his broadcast with a sketch inspired by the hit Don’t Hug Me I’m Scared web series and TV […]
Connor Bennett ❘ Published: 2022-11-02T12:52:39 ❘ Updated: 2022-11-02T12:52:48 Twitter is now reportedly working on “paid DMs” as new boss Elon Musk continues to look for fresh revenue streams. When Elon Musk […]
Sony Music Entertainment generated north of ¥194 billion (currently $1.3 billion) during Q3 2022, according to a new earnings report. Photo Credit: Sony Group Sony Music Entertainment (SME) recorded a nearly 33 percent year-over-year revenue […]
Photo Credit: Rachit Tank Google parent Alphabet posted improved Q3 2022 revenue of $69.09 billion, but within the total, YouTube’s ad income declined from the same three-month stretch in 2021. The Mountain View, California-headquartered company […]
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 […]
Photo Credit: LiveOne LiveOne expects to report a record Q2 revenue, adjusted EBITDA, and membership growth in 2023. Music and entertainment platform LiveOne with a “creator-first” focus, announces that it expects to report consolidated revenue […]
Shay Robson ❘ Published: 2022-10-16T10:15:23 ❘ Updated: 2022-10-16T10:15:42 Popular Apex Legends Twitch streamer Jacob ‘HisWattson’ McMillin has pledged to give all of his advertising revenue from the site to gamers in […]
Photo Credit: Hello I’m Nik Even as mobile customers are reducing their spending habits, TikTok is the highest-grossing app in quarterly revenue. A new report from Sensor Tower highlights just how massive ByteDance has become […]
The reaction to the news that Twitch intends to change how it splits revenue with partnered streamers has been, on the whole, completely and utterly negative. Streamers at every level of growth, from the big-time […]
Zackerie Fairfax ❘ Published: 2022-09-25T20:52:23 ❘ Updated: 2022-09-25T20:52:52 Following Twitch’s decision to discontinue the 70/30 subscription revenue split for its largest creators, massively popular Vtuber CodeMiko is planning on making the […]
Lawrence Scotti ❘ Published: 2022-09-22T14:43:44 ❘ Updated: 2022-09-22T14:44:03 Twitch star Hasan Piker says that YouTuber Ludwig Ahgren “laughed” at his Twitch contract after privately revealing to him his agreed-upon revenue split. […]
Photo Credit: BSC Photography / CC by 2.0 BMI announces record-breaking revenue and royalty distributions with an all-time high of $1.471 billion to songwriters, composers, and publishers — $136 million more than last year. BMI […]
Photo Credit: BMG BMG achieved a more than 25 percent year-over-year (YoY) revenue increase during the first half of 2022, according to a newly released earnings report. This and other noteworthy performance stats for Berlin-headquartered […]
Sohn, who’s set to release an album entitled Trust via 4AD on September 2nd. Photo Credit: Henry W. Laurisch Beggars Group, which encompasses XL Recordings, Rough Trade Records, Matador Records, 4AD, and other UK-based indie […]