Personal Finance

India’s Tips Music generated $9.1m in calendar Q1 as EBITDA grew 24% YoY
Tips' operating EBITDA grew 24% YoY in calendar Q1 to reach USD $4.3m Source...

Bill Ackman, who wants to move UMG’s financial HQ to the US, calls for ‘time out’ on Trump’s tariff war
Ackman, a Trump supporter, says the tariff war could destroy international confidence in the US as a trading partner and investment destination. Source...

5 million songs and $288m spent on catalogs: 8 Things We Learned from Universal Music Group’s 2024 Annual Report
From the balance of catalog and frontline to granular financial details, MBW wades through a treasure trove of data Source...

22,100 artists generated over $50k on Spotify last year. The company argues that ‘way more artists are generating meaningful money now than in any previous era of the music industry’.
MBW interviews Charlie Hellman, Spotify's Global Head of Music Vertical Source...

Deezer’s revenues grew 12.7% YoY to $586m in 2024, as operating loss narrows
Deezer has published its financial results for the full year ending December 31, 2024 Source...

Believe generated over $1bn in 2024, as company’s annual revenues grow 11.5% YoY
Paris-headquartered music company has published its financial results for FY 2024 Source...

The MLC asks court to reconsider dismissal of Spotify ‘bundling’ lawsuit
"At stake is an unprecedented interpretation of regulatory language that would have far-reaching and profound financial consequences on an entire creative industry." Source...

Warner Music Group generated $1.67bn in calendar Q4; subscription streaming revenues rose 6.6% YoY
Warner Music Group has published its financial results for the three months ended December 31, 2024 Source...

Hiroki Totoki named new CEO of Sony Group; Kenichiro Yoshida to remain as Chairman
Leadership shakeup to be effective April 1, 2025 Source...

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