Spotify UK Reports Booming Revenue, New Focus On Advertising

Revenues at streaming music service Spotify’s UK division were up sharply, driven by sustained paid subscriber growth in 2016. According to Spotify's latest financial statement, which covers the fiscal year ending. Continue reading

Share on:

BMI Annual Royalty Distributions Top $1 Billion For First Time

BMI has distributed more than $1 billion to its songwriter, composers and publishers for the first time. Fiscal year 2017 marks the third consecutive year of record royalty growth for. Continue reading

Share on:

Facebook Reports Earnings, 1.94 Billion Monthly Users (25% Of All People On The Planet)

Facebook's growth has to slow sometime, but not just yet. Yesterday, Facebook reported Q1 earnings of $8 billion, up 49% over the same period in 2016. Net profits were just. Continue reading

Share on:

LIve Nation Reports Revenue Growth For 6th Straight Year

When Live Nation (then SFX) began the rollup of disparate and often warring independent promoters to form a concert promotion behemoth, many in the industry thought it was doomed to. Continue reading

Share on:

Pandora Stock Recovers Friday Morning Despite $343M Loss, Disppointing Forecast, No Listener Growth

UPDATE 2: Pandora stock fell as much as 5% more in after hours trading Thursday, but recovered 4% Friday morning to an 11AM price of $3.11. Yesterday's drop came as. Continue reading

Share on:

YouTube Led Google’s 22% Growth, $26 Billion Q4. Maybe They Can Share More Of It With The Music Industry?

The music industry has recently its ire recently on YouTube and its payments to rightsholder.  In a quarterly earnings call this week, the CFO of parent company Alphabet (aka Google). Continue reading

Share on:

SoundExchange Payments Rise 29% In Q3, Artists And Labels Paid Jump 45%

SoundExchange payments were up 29.2% last quarter. So while the U.S. digital PRO has taken some big hits lately, mostly thanks to Pandora and other direct licensing deals, this impressive growth. Continue reading

Share on:

3 Stages Of A Successful Music Launch

While an artist may have created wonderful music, how they launch it can make or break the success of the material. Here Yann Ilunga discusses what he learned in his. Continue reading

Share on:

WMG Reports 14% Revenue Growth, Cuts Quarterly Loss 80%

Warner Music Group reported that revenue grew 14% last quarter, driven in large part by digital growth of 21%. Revenue from streaming is now almost twice the size of download. Continue reading

Share on:

Live Nation Reports Strong Earnings, Stock Soars

Over the last few quarters, Live Nation has started to feel like a solid business driven less by the touring whims of major artists and more by solid growth across. Continue reading

Share on: