Tag: financial

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Financial Accountant – BMG – Sydney

We are looking for a Financial Accountant to join our Finance team in our Sydney office!   BMG Australia is a 2021 AFR Most Innovative Media and Marketing award winner. BMG Australia’s local roster includes Peking...
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Sonos says its business held up despite Covid-19 impact

Audio firm Sonos saw its revenues drop by 4% year-on-year during the second quarter of 2020 (its fiscal Q3), but the company sees that as a good performance given the shutdown of many physical retailers due to Covid-19...
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Secondary ticketing value down 2% for Live Nation

Live Nation has announced a strong set of quarterly financial results, with revenues up 29% year-on-year to $2.82bn in the second quarter of 2017. The company’s net profit rose from $37.7m a year ago to $81.5m in Q2 this...
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SFX Entertainment set to go private again

It’s less than two years since the IPO of EDM firm SFX Entertainment, but it is now moving back towards being a private company once again. Chairman and CEO Robert Sillerman has made an offer to buy the 62.6% of shares...
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Rightscorp revenues up, but its losses are heavy

Anti-piracy agency Rightscorp, which counts BMG as one of its main clients, has published its latest financial results. The company’s revenues grew 187% year-on-year to just under $940k in 2014, but it spent $4.3m getting...
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Messaging app Line’s revenues up 126% in 2014

The company behind messaging app Line published its latest financial results yesterday, with the app’s revenues up 126% year-on-year to ¥77.4bn ($656m). The company said that Line ended 2014 with 181 million monthly active...
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Snapchat raised $485m of new funding at a $10bn valuation

What better time to publish a financial filing revealing a whopping great funding round than New Year’s Eve? That’s what messaging app Snapchat did, for a round totalling $485.6m that reportedly values the company at...
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Last.fm’s revenues fell in 2013, but so did its losses

Last.fm’s latest set of financial results show the company’s tough times in 2013, as its revenues declined 22.8% to £4.92m, and its headcount dropped from 61 to 35. The latter is part of the reason for a brighter spot...
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SEC filings reveal $108m of equity sales by Rdio

Rdio’s parent company Pulser Media has sold $108m of equity, warrants and options over the past 13 months, according to filings made with US financial regulator the SEC, and reported on by Billboard. It notes sales...
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One Direction have a financial stake in 5 Seconds of Summer

Boy bands One Direction and 5 Seconds of Summer have been chummy since the latter band emerged, but there’s more than a management company in common. Billboard has a report outlining One Direction’s financial...
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AccuRadio raises $2.5m in new funding

Multichannel web radio broadcaster AccuRadio has been around since 2000 and claims to reach around 1m listeners a month – and it has just secured $2.5m in Series A funding from NantWorks. It is operating in a crowded space...
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Twitter’s Q1 saw it grow to 255m active users, generating $250m of revenues

Twitter announced its latest financial results last night, reporting revenue of $250m and a net loss of $132m for the quarter, up respectively from $114.3m and $27m in Q1 last year. Twitter averaged 255m monthly active users...