Tag: financial

Spotify cruises past quarter-of-a-billion subscribers, as it eyes $1.5bn annual operating profit in 2024

admin — Wed, 13 Nov 2024 08:12:36 +0000

Spotify’s global Premium Subscriber base grew to 252m paying users in Q3

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Bill Ackman wants to move Universal Music Group’s financial HQ from Amsterdam to the US. Universal has warned it might not be possible.

admin — Sun, 10 Nov 2024 12:16:02 +0000

World's largest music rights company and activist investor could be headed for a disagreement

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Sir Lucian Grainge talks acquisition strategy, AI and converting paid streaming subscribers to superfans on Universal’s Q3 earnings call

admin — Mon, 04 Nov 2024 21:27:22 +0000

UMG published its Q3 financial results on October 31. Here's what was said on the company's Q3 earnings call...

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Universal Music generated $3.15bn in Q3; subscription streaming revenues grew 8.2% YoY

admin — Thu, 31 Oct 2024 18:09:37 +0000

Universal Music Group has published its financial results for the three months to the end of September.

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Reservoir upgrades financial guidance after reporting 6% jump in revenues to $40.7m in calendar Q3

admin — Wed, 30 Oct 2024 14:06:31 +0000

Company has raised its revenue and EBITDA forecasts for the fiscal year

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Carlyle-backed Litmus Music buys Randy Newman’s publishing, recorded music interests

admin — Thu, 17 Oct 2024 13:30:45 +0000

Financial terms of the deal were not disclosed in today's announcement

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Triller preps for NASDAQ listing this week, as TikTok rival completes merger with financial firm AGBA

admin — Tue, 15 Oct 2024 21:12:16 +0000

Former Citigroup executive Mark Carbeck has been named as the new Chief Financial Officer

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Chorus TM sponsors prestigious Management Company category at next month’s Music Business UK Awards

admin — Tue, 08 Oct 2024 16:42:30 +0000

New specialist financial management platform backs category named in honor of Robbie Williams' legendary manager, David Enthoven

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Robert Kilduff appointed Chief Financial Officer of Universal Music Group Nashville

admin — Wed, 25 Sep 2024 20:58:08 +0000

Exec brings over 30 years of experience in financial leadership, strategic financial planning, operations, and corporate development.

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Martijn Tel appointed Chief Financial Officer of BMI

admin — Wed, 04 Sep 2024 16:04:14 +0000

'Martijn’s wealth of experience, particularly working with companies with ambitious growth plans, makes him a perfect fit for BMI now,' said BMI President & CEO Mike O’Neill

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Turntable Labs raises $8.2m to launch social music streaming platform Hangout

admin — Thu, 29 Aug 2024 13:36:35 +0000

The latest financial boost comes as the company prepares to publicly launch Hangout later this year

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