Tag: financials

We covered the RIAA’s mid-year 2018 figures for the US recorded-music market last month, but now the industry body has broken out some numbers for the Latin music market (in the US) separately.

Spotify’s UK subsidiary has published its financial results for 2017, and at first glance there’s a shock: revenues *down* by 55% year-on-year to £107.1m ($140.1m). However, that’s because Spotify started processing...

Is it time to bid a fond farewell to the position of Q4 as the kingpin period of music revenues? A feature on Variety suggests that it might.

Tencent Music published its filing to go public last night. We’ve been filleting the document to pull out some of the most interesting data and strategic titbits on the Chinese digital-music company. 1.  The big figures Tencent...

Hot on the heels of revealing its latest partnerships with Universal Music Group, B2B firm 7digital has published its financial results for the first half of the year. The company saw its revenues grow by 52% year-on-year...

We’re still waiting for the official publication of Tencent Music’s filing for an IPO in the US, which will provide bags of metrics on the company’s music-streaming services.

Apple completed its acquisition of music-identification app Shazam this week, but now the latter company has published its latest (and likely final) set of public financial results, via the UK’s Companies House. They...

It's always risky to read too much in to the 'pop' of a company's shares on the day it goes public, although if they sink below their initial price, that's definitely not a good sign.

US collecting society BMI has published its latest numbers, for the organisation’s fiscal year which ended on 30 June. BMI says it collected $1.2bn in domestic and international royalties, as well as money from direct...

Sonos published its latest quarterly financial results overnight, for its fiscal Q3 (the second quarter of 2018, calendar-wise). They’re a mixed bag. The company’s revenues actually fell by 6.6% year-on-year, to $208.4m....

Media group Bertelsmann published its latest financial results yesterday, including figures for its music subsidiary BMG.

The next major music-related IPO is here: ticketing company Eventbrite. Which, admittedly, has been tipped to be on the verge of going public for several months now.