Also, big releases from ATEEZ and Tyler, the Creator help bolster the third quarter earnings for the second-biggest major music company. By Elizabeth Dilts Marshall Sony Music reported 14% revenue ...
NetEase Cloud Music has reported modest overall growth – and a more than 20% subscription-revenue expansion – for 2024. The ...
NetEase Cloud Music, China’s second-largest provider of music streaming services, reported a 23.1% year-on-year jump in ...
Total revenue for the music segment increased 14% year-on-year in yen terms (482 billion yen), led by growth in music subscription streaming revenues across recorded music and publishing.
Audio streaming company Spotify said Tuesday that it paid $10 billion to the music industry last year. The company added that it has given nearly $60 ...
and striking more lucrative deals with streaming platforms. Recorded music revenue in the first fiscal quarter, which ended Dec. 31, 2024, fell 7% to $1.35 billion from last year’s quarter ...
Sony Music Entertainment (SME) achieved double-digit overall growth during 2024’s final three months. But amid industry-wide ...
Most streaming revenue that record companies and artists get from DSPs is determined by a complex calculation that essentially results in the DSP paying out a percentage of its streaming music revenue ...
An important engine of growth in service revenues has been Apple Music, one of the byproducts of Apple’s $3 billion acquisition of Beats, in 2013. The five-year old streaming service is ...
As we can see in this chart from Statista, which is based on data from the RIAA, all three major types of streaming music have seen their revenue rise recently. But the growth in revenue from paid ...
Content licensing revenues decreased 30% to $67 million due to the availability of deliveries. Despite these setbacks, AMC Networks reported that streaming subscribers increased by 8% to 12.4 ...