Tag: revenue

Anghami monthly subs up 41% YoY in H1, according to preliminary results
Total revenue grew 29% YoY to $21.1 million in H1 2022 Source...

Warner Music joins UMG in inking revenue-sharing deal with Facebook / Meta
Deal was confirmed by Warner Music CEO Steve Cooper during an earnings call Source...

Some music companies are nervous about a ‘challenging economic climate’. Believe just increased its FY revenue forecast for 2022.
Believe's group revenue growth in H1 was up 35.4% YoY to €352.2 million. Source...

Universal Music Group generated $2.7 billion in Q2; recorded music subscription streaming revenue grew 7.0% YoY
BTS were UMG's biggest-selling artist globally in Q2 2022 Source...

Facebook will now directly share a proportion of ad revenue with music rightsholders for UGC videos. Your move, TikTok…
A big move from Mark Zuckerberg's company, as it lays down gauntlet to TikTok Source...

Amuse, now majority-owned by the UK’s Bridford Group, posts 61.5% revenue growth in 2021
In addition to growing its revenue last year, the firm also managed to reduce its operating loss by a third Source...

Trinh Tham joins Universal Music Canada as Senior Vice President, Revenue & Digital Strategy
Tham will oversee UMC’s digital marketing, streaming and music strategy, data analytics and commercial affairs teams Source...

‘We have lagged behind other industries in identifying opportunities to collaborate.’
The revenue flow from licensees to labels to artists is dependent on accurate data and efficient management of that data. And the key to that, says the PPL’s CIO Mark Douglas, is collaboration… So...

After listing on the NASDAQ in February, Anghami posts revenues of $35.5m for 2021, up 16% YoY
Anghami has published its full year financial results for 2021 Source...

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