Tag: revenue

US music publishing revenue jumped 13.4% to $7bn in 2024, outpacing the growth rate of recorded music

admin — Thu, 12 Jun 2025 18:11:32 +0000

Recovered unpaid royalties accounted for 27% of music publishing revenues last year, the NMPA's David Israelite said

NMPA says Spotify ‘bundling’ move could cost music publishers $3.1bn through 2032

admin — Thu, 12 Jun 2025 11:23:32 +0000

NMPA General Counsel Danielle Aguirre said Spotify's bundling move resulted in $230m in lost revenue during its first year

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Live events platform Fever secures another $100m in funding, reports 20x revenue growth

admin — Wed, 04 Jun 2025 18:07:40 +0000

Fever was last valued at $1.8 billion in 2023, following funding rounds led by Goldman Sachs

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PRS for Music paid out $1.3bn to songwriters, composers and publishers in 2024, up 8.1% YoY

admin — Wed, 04 Jun 2025 11:27:29 +0000

PRS reported revenue growth of 6.1% YoY to £1.15bn ($1.46 billion) in 2024

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Music publishing brings in $11.1bn annually across 16 major markets, first-ever ICMP survey finds

admin — Mon, 02 Jun 2025 19:14:36 +0000

ICMP hopes snapshot of publishing revenue across major markets will be a valuable tool for understanding the nature of the business

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‘We need a change in approach to ensure songwriters are fairly remunerated for music that hugely enhances the gaming experience.’

admin — Wed, 07 May 2025 15:57:23 +0000

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 licensing issues and revenue streams that lie between the two…

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SM Entertainment revenues up 5% to $166m in Q1 2025 on music, concert growth

admin — Wed, 07 May 2025 10:18:52 +0000

The South Korean entertainment giant attributed its revenue growth to increased music and concert turnover

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Live Nation posts Q1 revenue decline, but says 2025 will be ‘historic year for live music’

admin — Fri, 02 May 2025 14:04:36 +0000

Currency fluctuations, non-concert activities and the effort to optimize ticket prices dragged down Live Nation's earnings

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NMPA says Spotify’s Q1 growth due to ‘undercutting of songwriters’ via audiobook bundling

admin — Wed, 30 Apr 2025 19:25:05 +0000

The NMPA says Spotify’s global subscriber and revenue growth is "being subsidized by US songwriters”

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Deezer’s revenue increased to $141m in Q1 as streaming service forecasts swing to positive EBITDA this year

admin — Wed, 30 Apr 2025 15:33:11 +0000

Despite a drop in total subscribers, CEO Alexis Lanternier says the company is confident of 'reaching profitability this year'

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HYBE revenues soared 39% YoY to record $349m in Q1, driven by tours and merch from SEVENTEEN, j-hope, ENHYPEN and other K-Pop stars

admin — Tue, 29 Apr 2025 09:32:07 +0000

HYBE surpassed the 500 billion South Korean won quarterly revenue mark for the first time in the first quarter of 2025.

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Live events and ticketing company DEAG reports 18% jump in revenue to record high $400m in 2024

admin — Mon, 28 Apr 2025 14:20:15 +0000

The company says it made a 'conscious' decision to increase spending on longer-term investments, even if it meant a shrinking EBITDA

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Oscar Höglund talks Epidemic Sound’s revenue growth and vast reach: ‘We get roughly 3bn daily views. That’s 20 Super Bowls per day, 365 days per year.’

admin — Thu, 24 Apr 2025 16:45:02 +0000

MBW's World Leaders series meets Oscar Höglund, CEO of Epidemic Sound

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Tariff-proof, recession-proof music industry will thrive despite global uncertainty, TD Cowen analysts say

admin — Tue, 15 Apr 2025 17:59:48 +0000

TD Cowen analysts see lots of runway for music revenue growth, and little risk from tariffs or a potential recession

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Africa-focused music streamer Mdundo hits 39.2m users as it expands into first francophone market

admin — Mon, 14 Apr 2025 10:52:41 +0000

Mdundo maintained its lowered annual revenue guidance due to billing issues with its two largest telecom partners

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