April 24th, 2014 by Stuart Dredge


Apple and Facebook both published their latest quarterly financial results last night, to broadly positive responses from Wall Street. Apple generated $45.6bn of revenues and $10.2bn of net profit in the...

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March 28th, 2014 by Stuart Dredge


Apps firm Shazam Entertainment has published results for its last full financial year, ended 30 June 2013, and confirmed a new funding round led by Clifton Capital. Shazam's revenues rose 42% year-on-year...

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February 26th, 2014 by Stuart Dredge


Digital music has been out-earning physical music in some countries for major labels for a while now, but yesterday saw a notable (if not surprising) tipping point for Universal Music Group. Its parent...

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February 10th, 2014 by Stuart Dredge


B2B digital music firm Omnifone Limited has published its latest financial results, for its fiscal year ending 30 April 2013. They reveal turnover jumping 58.9% year-on-year to £46.9m, but the company...

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February 6th, 2014 by Stuart Dredge


Twitter reported its first set of quarterly financial results as a public company last night, and got a sharp reminder of how it feels when investors aren’t confident about what you’re announcing. Twitter’s...

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January 30th, 2014 by Stuart Dredge


You often see speculation that Facebook is under threat from mobile social networking apps, but it's about time we started talking about Facebook as a mobile social network itself. In its latest financial...

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January 28th, 2014 by Stuart Dredge

For all the chatter about competition from Android, Apple isn't on its uppers just yet. The company announced its latest quarterly financials last night, revealing $57.6bn of revenues and a $13.1bn net...

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December 23rd, 2013 by Stuart Dredge


Digital music firm 7digital announced in November that it was entering merger talks with radio group UBC Media, having secured £1m from the company as a convertible loan note in advance of the anticipated...

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November 14th, 2013 by Stuart Dredge

spotify (1)

Spotify's UK subsidiary has published its financial results for 2012, revealing that its revenues fell 4.1% year-on-year to £92.6m, due to a 10.6% drop in subscription revenues. The accounts for Spotify...

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