Tag: financial https://www.earlsmusic.net/taxonomy/term/70/all en Hiroki Totoki named new CEO of Sony Group; Kenichiro Yoshida to remain as Chairman https://www.earlsmusic.net/hiroki-totoki-named-new-ceo-sony-group-kenichiro-yoshida-remain-chairman Leadership shakeup to be effective April 1, 2025 <p><a href="https://www.musicbusinessworldwide.com/hiroki-totoki-named-new-ceo-of-sony-group-kenichiro-yoshida-to-remain-as-chairman1/" rel="nofollow">Source</a></p> financial Wed, 29 Jan 2025 13:41:54 +0000 admin 498908 at https://www.earlsmusic.net Online ticket reseller Vivid Seats, valued at over $1bn, considers sale https://www.earlsmusic.net/online-ticket-reseller-vivid-seats-valued-over-1bn-considers-sale Vivid Seats, an online ticket resale marketplace, is considering a sale following interest from potential buyers.<p><a href="https://www.earlsmusic.net/online-ticket-reseller-vivid-seats-valued-over-1bn-considers-sale" target="_blank">read more</a></p> equity financial Mon, 06 Jan 2025 13:25:10 +0000 admin 498786 at https://www.earlsmusic.net Ryusuke Kamada named Chief Financial Officer at Avex USA https://www.earlsmusic.net/ryusuke-kamada-named-chief-financial-officer-avex-usa Kamada has been with Avex since 2018, and relocated from the company's Japanese headquarters to the US in January 2020 <p><a href="https://www.musicbusinessworldwide.com/ryusuke-kamada-named-chief-financial-officer-at-avex-usa/" rel="nofollow">Source</a></p> financial Tue, 17 Dec 2024 12:50:19 +0000 admin 498760 at https://www.earlsmusic.net HYBE and Chairman Bang Si-hyuk under investigation by South Korea’s financial regulator over ‘secret’ shareholder contracts in IPO (report) https://www.earlsmusic.net/hybe-and-chairman-bang-si-hyuk-under-investigation-south-korea%E2%80%99s-financial-regulator-over-%E2%80%98secret%E2%80%99-s HYBE allegedly made a nearly $340 million profit off an agreement with private equity firms that was apparently not disclosed to investors <p><a href="https://www.musicbusinessworldwide.com/hybe-and-chairman-bang-si-hyuk-under-investigation-by-south-koreas-financial-regulator-over-secret-shareholder-contracts-in-ipo-report/" rel="nofollow">Source</a></p> equity financial Mon, 02 Dec 2024 16:02:59 +0000 admin 498679 at https://www.earlsmusic.net Spotify paid Warner Music Group $1.16bn in FY 2024. (That’s around the same amount the streamer’s execs have cashed out in stock this year.) https://www.earlsmusic.net/spotify-paid-warner-music-group-116bn-fy-2024-that%E2%80%99s-around-same-amount-streamer%E2%80%99s-execs-have-cashed Warner's financial filings reveal Spotify's contribution to the company's revenues in the 12 months to end of September <p><a href="https://www.musicbusinessworldwide.com/spotify-paid-warner-music-group-1-16bn-in-fy-2024-around-the-same-amount-the-streamers-execs-have-cashed-out-in-stock-this-year/" rel="nofollow">Source</a></p> financial stock Wed, 27 Nov 2024 21:52:57 +0000 admin 498667 at https://www.earlsmusic.net Warner Music achieves fourth straight quarter of double-digit subscription streaming growth as calendar Q3 revenues hit $1.63bn https://www.earlsmusic.net/warner-music-achieves-fourth-straight-quarter-double-digit-subscription-streaming-growth-calendar-q3 Warner Music Group has published its financial results <p><a href="https://www.musicbusinessworldwide.com/warner-music-achieves-fourth-straight-quarter-of-double-digit-subscription-streaming-growth-as-calendar-q3-revenues-hit-1-63bn/" rel="nofollow">Source</a></p> financial Thu, 21 Nov 2024 14:44:51 +0000 admin 498629 at https://www.earlsmusic.net Spotify cruises past quarter-of-a-billion subscribers, as it eyes $1.5bn annual operating profit in 2024 https://www.earlsmusic.net/spotify-cruises-past-quarter-billion-subscribers-it-eyes-15bn-annual-operating-profit-2024 Spotify’s global Premium Subscriber base grew to 252m paying users in Q3 <p><a href="https://www.musicbusinessworldwide.com/spotify-past-quarter-of-a-billion-1-billion/" rel="nofollow">Source</a></p> financial Wed, 13 Nov 2024 08:12:36 +0000 admin 498579 at https://www.earlsmusic.net Bill Ackman wants to move Universal Music Group’s financial HQ from Amsterdam to the US. Universal has warned it might not be possible. https://www.earlsmusic.net/bill-ackman-wants-move-universal-music-group%E2%80%99s-financial-hq-amsterdam-us-universal-has-warned-it-mig World's largest music rights company and activist investor could be headed for a disagreement <p><a href="https://www.musicbusinessworldwide.com/bill-ackman-wants-to-move-universal-from-amsterdam-to-the-us-universal-isnt-so-sure/" rel="nofollow">Source</a></p> financial rights Sun, 10 Nov 2024 12:16:02 +0000 admin 498562 at https://www.earlsmusic.net Sir Lucian Grainge talks acquisition strategy, AI and converting paid streaming subscribers to superfans on Universal’s Q3 earnings call https://www.earlsmusic.net/sir-lucian-grainge-talks-acquisition-strategy-ai-and-converting-paid-streaming-subscribers-superfans UMG published its Q3 financial results on October 31. Here's what was said on the company's Q3 earnings call... <p><a href="https://www.musicbusinessworldwide.com/sir-lucian-grainge-talks-acquisition-strategy-ai-and-converting-paid-streaming-subscribers-to-superfans/" rel="nofollow">Source</a></p> financial Mon, 04 Nov 2024 21:27:22 +0000 admin 498531 at https://www.earlsmusic.net