Tag: finance

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UK startup Voly to launch financial service focused on music

The startup is tackling the challenges around financial management and payments. It's aimed at artists, managers, tour and production managers and tour accountants.
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Junior Finance Manager (Recordings Hub -12 Month FTC) – BMG – London

We have an exciting opportunity for a Junior Finance Manager to join our International Finance (Recordings Hubs) team here in our London office! This will be a maternity cover 12 month Fixed Term Contract.   Your...
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Spotify market cap soars after its latest podcast deals

On 18 May this year, Spotify’s market cap was just over $30bn. Since then it hasn’t made any major announcements in music, but it has signed a run of high-profile, exclusive podcasting deals – with Joe Rogan, Kim...
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iHeartMedia withdraws its financial guidance for 2020

It’s not so long since US radio firm iHeartMedia was in deep financial troubles, and while it pulled itself out of those last year, it’s understandably one of the companies being hit hard by the coronavirus pandemic....
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Spotify to buy back up to $1bn in stock

Spotify has announced plans to buy back up to $1bn of its stock, representing up to 10m of ordinary shares in the company. It’ll start in the fourth quarter of this year and continue until 21 April 2021. “The repurchase...
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Streaming drives up Warner Music Group Q3 performance

Warner Music Group announced its fiscal third quarter results yesterday and revenue was up 14.2%, with digital the key motor here. The company still posted a loss of $9m on revenues of $811m for the three months ending 30th...
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Facebook ads more expensive than ever

The cost per click (CPC) for ads on Facebook has risen by 74% in the last year across the US, UK, France and Germany. This is according to research from marketing firm TBG Digital and reported by the Financial Times. "In...
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Sirius XM ups its forecasts for 2010

US satellite radio firm Sirius XM has bumped up its financial guidance for 2010, saying it now expects to add around 750,000 subscribers this year, generating revenues of $2.75 billion, and adjusted income from operations...
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Audioboo hits jackpot

Boosted by the support of noted British wit and technophile Stephen Fry, Audioboo is a service that allows mobile users to create audio blog entries on the move. Now Audioboo has secured a major round of financing from a...
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Sirius XM faces delisting due to low share price

US satellite radio firm Sirius XM may be booted off the Nasdaq stock market due to its shares closing at less than $1 for 30 consecutive business days.