Tag: revenue

Beyoncé sets $60m revenue record at London’s Tottenham Hotspur Stadium with six-night run on Cowboy Carter Tour
The London run drew 275,000 fans Source...

US music publishing revenue jumped 13.4% to $7bn in 2024, outpacing the growth rate of recorded music
Recovered unpaid royalties accounted for 27% of music publishing revenues last year, the NMPA's David Israelite said Source...

NMPA says Spotify ‘bundling’ move could cost music publishers $3.1bn through 2032
NMPA General Counsel Danielle Aguirre said Spotify's bundling move resulted in $230m in lost revenue during its first year Source...

Live events platform Fever secures another $100m in funding, reports 20x revenue growth
Fever was last valued at $1.8 billion in 2023, following funding rounds led by Goldman Sachs Source...

PRS for Music paid out $1.3bn to songwriters, composers and publishers in 2024, up 8.1% YoY
PRS reported revenue growth of 6.1% YoY to £1.15bn ($1.46 billion) in 2024 Source...

Music publishing brings in $11.1bn annually across 16 major markets, first-ever ICMP survey finds
ICMP hopes snapshot of publishing revenue across major markets will be a valuable tool for understanding the nature of the business Source...

‘We need a change in approach to ensure songwriters are fairly remunerated for music that hugely enhances the gaming experience.’
George Rose, Head of Broadcast and Digital and Graham Best, Senior Manager - New Digital Markets, PRS for Music, look at the changing and crucial relationship between music and games, along with the l...

SM Entertainment revenues up 5% to $166m in Q1 2025 on music, concert growth
The South Korean entertainment giant attributed its revenue growth to increased music and concert turnover Source...

Live Nation posts Q1 revenue decline, but says 2025 will be ‘historic year for live music’
Currency fluctuations, non-concert activities and the effort to optimize ticket prices dragged down Live Nation's earnings Source...

NMPA says Spotify’s Q1 growth due to ‘undercutting of songwriters’ via audiobook bundling
The NMPA says Spotify’s global subscriber and revenue growth is "being subsidized by US songwriters” Source...

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