Amazon missed analyst forecasts, seeing its net income drop 45% year-on-year to $97m in the fourth quarter of 2012, but saw its shares jump by 10% immediately afterwards.
January 3rd, 2013 by Music Ally
Hot on the heels of yesterday's BPI music sales figures came more stats from the UK's Entertainment Retailers Association covering digital and physical sales of music, games and video for 2012.
December 14th, 2012 by Music Ally
Warner Music Group announced its financial results for the third quarter of 2012 (its fiscal Q4) last night, with overall revenues up 2% year-on-year to $731m, with digital up 15% to $241m as part of that...
July 27th, 2012 by Music Ally
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...
July 16th, 2012 by Music Ally
40% of British music fans them can't remember when they last bought a CD. More than 20% said they had downloaded music in the last week, while 49% believe it's acceptable to 'download music free of charge'.
July 16th, 2012 by Music Ally
Fruit Ninja, the iOS and Android fruit-slicing game that's been downloaded more than 300m times. That's translating into $1m of monthly revenues for its developer Halfbrick, with $400k of that coming from...
July 16th, 2012 by Music Ally
The music industry is still trying to figure out how (or whether) mobile apps can be lucrative for artists directly. Some independent games developers are having no such questions.
July 2nd, 2012 by Music Ally
Sweden is seen as the proving ground for Spotify's business model, so here's a new case study on how the streaming service is paying off for labels.
July 2nd, 2012 by Music Ally
Sweden is seen as the proving ground for Spotify's business model, so here's a new case study on how the streaming service is paying off for labels.
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