Tag: financials

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Classical firm Kuke Music reports latest financial results

Kuke Music is a classical music licensing company that runs a subscription service, licenses to other streaming platforms, and offers ‘smart music education’ products.
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Tencent Music reveals 30% growth in music subscriptions

2021 has been a bumpy year for Tencent Music Entertainment (TME), with the Chinese government cracking down on exclusive licensing deals with labels, and a wider climate in China of sterner regulation of big technology companies...
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Roblox financials show revenues have doubled in the last year

Games platform Roblox has bounced back from its recent three-day outage with some impressive financial results. The company generated $509.3m of revenue in the third quarter of this year, up 102% year-on-year. Meanwhile,...
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Peloton connected fitness subscriptions grew 87% in last year

The company's 'connected fitness subscriptions' grew by 87% year-on-year to just under 2.5 million.
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Live Nation bounces back thanks to 17m fans attending concerts

"Overall ticket sales for major festivals were up 10% versus 2019. And we have had a number of tours already sell over 500 thousand tickets for shows this year," announced Live Nation.
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Believe revenues up 27% as it buys stake in label Play Two

Distributor Believe has published its latest financial results, for the third quarter of 2021. The company saw its revenues grow by 27.1% year-on-year to €144m.
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Apple and Amazon publish their latest quarterly financials

Apple and Amazon are the latest tech companies to post their financial results for Q3 2021, and while both are still serious moneymakers both narrowly missed their forecasts for the quarter.
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SiriusXM financial results reveal latest figures for Pandora

Overall, the company saw its revenues grow by 9% year-on-year to $2.2bn, aided by adding a record 616,000 net new self-pay subscribers to its satellite radio service during the last quarter.
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Sony’s music revenues grew by 18% to ¥272bn in Q3 2021

Sony Corporation published financial results for the third quarter of 2021 (the company's fiscal Q2) yesterday, including the latest figures for Sony Music.
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UMG revenues grew 16.1% year-on-year to €2.15bn in Q3 2021

Freshly minted as a public company, Universal Music Group published its latest quarterly financial results yesterday, with revenues up 16.1% year-on-year to €2.15bn
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Spotify ended Q3 2021 with 381m listeners including 172m subscribers

Spotify has published its financial results for the third quarter of 2021, revealing that it ended September with 381 million listeners and 172 million subscribers. That’s up 19% year-on-year in both cases, and means...
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YouTube ad revenues grew by 43% to $7.2bn in the third quarter

YouTube’s parent company Alphabet published its latest financial results yesterday, including stats for advertising revenues on its video service.