Tag: financials

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Deezer revenues grew by 12.1% in the first half of 2022

Deezer is now a public company, which means we'll be getting quarterly updates on how its business is progressing.
September 22, 2022
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Deezer revenues grew 12% to €219.4m in first half of 2022

How about subscriber numbers? They actually fell from 9.7 million at the end of June 2021 to 9.4 million a year later.
August 25, 2022
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Vnue financials show revenue growth (but also losses)

Vnue is the umbrella company for several digital music services including set·fm, DiscLive, Soundstr and Stageit.
August 23, 2022
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NetEase Cloud Music now has 37.6m people paying for music

The parent company of Chinese streaming service NetEase Cloud Music has filed its latest financial results.
August 19, 2022
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Anghami has nearly 1.3m subscribers as Arabic streams grow

MENA-focused Anghami has published its latest figures, revealing that it now has 19.5 million active users, up 46% year-on-year.
August 16, 2022
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Tencent Music financials reveal it now has 82.7m paying users

There is some good news and some not-so-good news in the latest financial results of Chinese streaming giant Tencent Music.
August 16, 2022
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Pollen parent company financials reveal £51.4m loss in 2021

StreetTeam Software Limited filed its financials for 2021 last month, also revealing that six of its nine directors had resigned.
August 12, 2022
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Roblox financials spook investors after bookings decline

Roblox is still flavour of the month with artists and labels, but investors are spooked a little by its latest financial results.
August 10, 2022
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WMG posts 7% revenue growth and renews its deal with Meta

Warner Music Group is the latest music company publishing its financial results for the second quarter of 2022 – its fiscal Q3.
August 10, 2022
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Reservoir Media financials reveal 14% organic revenue growth

Reservoir Media is the latest music company to publish its financial results for the second quarter of 2022 – its fiscal Q1.
August 8, 2022
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Believe posts half-year results with revenue up 35.4%

Distributor Believe has released its results for the first half of 2022, revealing that revenues grew by 35.4% to reach €352.2 million. 
August 5, 2022
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Spotify’s audio ad revenue shows possibility for more growth

Why is Spotify not suffering in the markets quite like its big-tech peers?
August 2, 2022