Warner Music Revenues Rise, Losses Shrink Dramatically
Warner Music Group has announced its Q2 financial results for the period ended March 31, 2018. Driven by streaming. total revenue grew 10.4%, and losses at the world's third largest. Continue reading
Spotify [NYSE:SPOT] Earnings Report Today: What To Expect
Wall Street analysts are bullish, as Spotify nears its first earnings report as a public company, after the market closes today. Goldman Sachs, JPMorgan, Evercore and Morgan Stanley predict a. Continue reading
Traditional vs. What’s Coming: How Blockchain Could Reshape The Music Industry [Benji Rogers]
The potential for how Blockchain tech could alter the music industry has often been discussed of late. In this piece we look at twenty-two ways that Blockchain, or more specifically. Continue reading
Ex-Maker, MySpace Music, MTV Exec Courtney Holt To Head Revamped Spotify Video Effort
Former Maker, MySpace Music and MTV executive Courtney Holt is finally moving his career past the letter “M” to head revamped video efforts at Spotify. The news comes on the. Continue reading
ASCAP Reports Record $1B Revenue Fueled By 41% Increase In Streaming Income
ASCAP has announced the collection of record-high revenues of $1.059 billion in 2016 and distributed more than $918 million to its songwriter, composer and music publisher members. Distributions were up 5.6%. Continue reading
Music Industry Has Upper Hand As Spotify Faces Soaring Interest Rates, Stock Discounts
Last year when Spotify took on $1 billion in debt, we reported that it did so under terms that forced rate increases if it failed to IPO. Now, those terms. Continue reading
Spotify Closes $526 Million Funding Round To Fight Apple
Timing, particularly in the entertainment industry, is everything. So, it is no coincidence that right after Apple Music launches, Spotify just happens to close a $526 million round that has. Continue reading
