May 13th, 2015 by Stuart Dredge

Beatport

Digital dance music service Beatport sold $8.9m of music downloads in the first quarter of 2015, according to this week’s quarterly financial results released by its parent company SFX Entertainment. "Our...

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May 12th, 2015 by Stuart Dredge

Warner Music Group Logo

Warner Music Group (WMG) published financial results for the first quarter of 2015 – its fiscal Q2 – with overall revenues up 4% to $677m, and moving from a net loss of $59m in the first quarter of...

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May 11th, 2015 by Stuart Dredge

spotify-ek

The heated debate about whether streaming music is sustainable for musicians continues, but it’s always useful to remember the parallel discussion about whether streaming music is even sustainable for...

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April 29th, 2015 by Music Ally Blog

US satellite radio provider SiriusXM announced its first-quarter financial results last night, with revenues up 8% year-on-year to $1.08bn, and net profits up 12% to $106m. The company added 431k net new...

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April 29th, 2015 by Stuart Dredge

twitter

Twitter posted revenues of $436m in the first quarter of 2015, up 74% year-on-year, but Wall Street was not impressed, with the company’s share price falling by 18% in the wake of its announcement. It...

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April 28th, 2015 by Stuart Dredge

iphone-5s

Apple’s quarterly financial results last night were a now-familiar tale of massive revenues and profits, although the performance of the company’s iPad tablet remains the one less positive aspect of...

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April 24th, 2015 by Music Ally Blog

Yesterday was a big day for financial results from tech giants, with Google, Amazon and Microsoft all reporting their latest earnings. A summary follows. Google reported $17.3bn of revenues for the first...

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April 24th, 2015 by Stuart Dredge

pandora-mini

Personal radio service Pandora’s latest quarterly financial results tell a familiar story of revenue growth, but still no profitability. The company’s revenues were up 18.8% year-on-year to $230.8m...

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April 23rd, 2015 by Stuart Dredge

391259-facebook-logo

Facebook announced its latest quarterly financial results last night, with CEO Mark Zuckerberg describing them as “a strong start to the year” despite falling just short of its prediction for revenues...

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