Tag: financials

Read More

Spotify’s 2011 financials go under the microscope

The Wall Street Journal has been digging into Spotify’s recently-published financial accounts for 2011, revealing that the streaming music service’s revenues rose 154% year-on-year to €187.8m in 2011, although...
Read More

Streaming now 25% of WMG’s digital recorded revenues

Warner Music Group is the latest major label to declare its financial results for the second quarter of 2012.
Read More

Amazon publishes its Q2 financials

Amazon published more general figures: net sales up 29% year-on-year to $12.83bn in Q2, but net income down 96% to $7m – although a major factor was $65m of net loss related to Amazon's acquisition of warehouse automation...
Read More

Facebook hits financial forecasts. Shares still slump.

Wall Street has a downer on social media companies right now, even when their financial results meet analyst expectations. Hence Facebook’s stock falling last night, despite the company hitting its expectations with...
Read More

Financials roundup: Google, Microsoft and Nokia

Google revealed Q2 revenues were up 35% to $12.2bn, while net income rose 11% to $2.8bn. Microsoft, posted its first ever loss as a public company – $492m – albeit due to a huge $6.2bn writedown on the value of an advertising...
Read More

UMG and WMG reveal their first-quarter financials

Yesterday saw the latest financial results published by Universal Music Group and Warner Music Group, providing a first pulse-reading for the major labels in 2012. Vivendi subsidiary UMG reported reveneus increasing 9.1%...
Read More

Groupon posts operating profit for Q1 2012

Daily deals service Groupon has published its latest quarterly financial results, revealing that its revenues rose 89% year-on-year to $559.3m in Q1 2012, while its operating income was $39.6m, compared to an operating loss...
Read More

Sony Music reports full-year financials

Sony has reported revenues of ¥442.8bn (around $5.5bn) for its music division in the company's last fiscal year, which ended on 31 March. That's down 5.9% year-on-year.
Read More

Sony Music reports full-year financials

Sony has reported revenues of ¥442.8bn (around $5.5bn) for its music division in the company's last fiscal year, which ended on 31 March. That's down 5.9% year-on-year.
Read More

Live Nation revenues rose in Q1, but losses widened

Live Nation has reported its latest financial results, with the company's revenues rising 2% year-on-year to $868m in the first quarter of 2012.
Read More

Aspiro’s WiMP music revenues grow 177% year-on-year

Scandinavian firm Aspiro has announced its latest interim financials, revealing net sales for Q1 this year of SEK 71.9m (around $10.4m), up 70% year-on-year.
Read More

Aspiro’s WiMP music revenues grow 177% year-on-year

Scandinavian firm Aspiro has announced its latest interim financials, revealing net sales for Q1 this year of SEK 71.9m (around $10.4m), up 70% year-on-year.