Tag: revenue

Tuned Global partners with AI data analytics firm Zetaris to ‘turn streaming data into revenue’
The partnership also seeks to address streaming fraud, which costs the global music industry around $2 billion a year Source...

US music trade revenue growth slumped last year… but don’t blame Spotify.
Spotify confirms to MBW that its recorded music royalty payouts in the US last year grew by double-digits Source...

Global recorded music revenues rose 6.5% to $36.2bn in 2024, says MIDiA Research
According to MIDiA, streaming revenue grew 6.2% YoY to $22.2 billion Source...

Superstruct’s UK company revenues jumped 26% to $222m in 2023 – the year before firm was acquired by KKR in a $1.4bn deal
Company swung to an operating loss of £33.26 million Source...

HYBE revenue soared to an all time high of $1.65bn in 2024, but operating profit dropped 37.5% YoY
The company has announced plans to roll out a new group through its Latin America division Source...

Live Nation saw 151m fans attend its events in 2024, as revenue rose 3% to $23bn
The live events and ticketing company is stepping up rollout of its own operated venues this year Source...

NetEase Cloud Music reports 23.1% jump in music revenue for 2024 as profits soar
The company says it plans to focus more on premium subscription offerings in the coming year Source...

Streaming service Mdundo reports 45% surge in subscription revenue as it sets sights on users outside Africa
The company now counts 38.8 million monthly active users, up by 26% over the past year Source...

Reservoir raises full-year guidance again as revenue jumps 19% to $42.3m in calendar Q4
Price hikes and subscriber growth at streaming services sent Reservoir's revenue up by double digits in the company's fiscal Q3 Source...

YouTube’s quarterly ad revenues top $10bn for the first time in Q4 2024
Despite growth in ads, Alphabet's shares sank in pre-market trading as investors digested the company's revenue miss Source...

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