July 29th, 2015 by Music Ally Blog

Like with SiriusXM (above), Twitter’s Q2 results were the classic “mixed bag”. Revenues were up by 61% to $502m in the period. HURRAH. Ad revenue was up by 63% to $452m, with mobile accounting for...

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July 22nd, 2015 by Stuart Dredge

apple-music

Apple announced its latest quarterly results last night, and while the company resisted the temptation to give hard stats on the performance of its new Apple Music service, CEO Tim Cook did throw out a...

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July 17th, 2015 by Stuart Dredge

youtube

Google’s latest financial results have impressed Wall Street, with the company reporting revenues of $17.7bn (up 11% year-on-year) and a net profit of $3.9bn for the second quarter of this year. And...

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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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