Tag: financials

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Spotify in 2013: revenues of €746.9m and a €93.1m operating loss

Spotify has published its consolidated financial results for 2013 – figures that cover its global business that year, rather than just the individual markets like the UK and France where its subsidiaries have published...
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Rhapsody revenues up, but so are its losses

RealNetworks recently filed its financial results for the third quarter of the year, and as usual they included some figures for Rhapsody, in which it owns a significant stake still. The key figures: the company’s revenues...
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Social app Line doubled its revenues to $192m in Q3

Japanese mobile social network Line announced its latest quarterly financial results yesterday, with revenues for its core business up 104% year-on-year to $192m. The company also finally gave some active user numbers (as...
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Apple/ iTunes Financials, October 2014

This infographic is an extract from the Music Ally Report
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Amazon posts loss of $544m in latest financials

Amazon’s stock was getting a bit of a kicking from Wall Street last night after the company’s latest set of quarterly financial results. Although its revenues rose by 20% to $20.84bn, its net losses increased too: to...
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Tumblr now has 420m visitors and expects $100m of revenues in 2015

Yahoo held its latest analyst call following its quarterly financials this week, and it included some interesting details on the growth of Tumblr – and its prospects for making money from ads over the next year. The information...
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Pandora revenues up as it halves its net losses

Personal radio service Pandora announced its latest financials yesterday, and they showed the company’s revenues growing well and losses halving year-on-year, with some growth in active listeners too. The company posted...
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Apple’s latest monster quarter: $42.1bn revenues and $8.5bn net profit

Apple reported its latest quarterly financials last night, and as results go they were pretty stonking. The company's revenues rose 12.3% year-on-year to $42.1bn for the quarter, while its net profit rose 13.3% to $8.5bn. In...
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Google results impress… apart from cost-per-click

Google’s latest set of quarterly financial results is a familiar story of very big numbers, but there’s a longer-term trend that’s making some analysts chatter. First, the numbers: Google’s revenues were up 20% year-on-year...
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Soundcloud & Spotify Financials, October 2014

This infographic is an extract from the Music Ally Report
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SoundCloud financials reveal widening losses

SoundCloud’s latest financial results have been published and they show growing losses even before the company inks licensing deals with major labels and publishers. SoundCloud’s revenues grew by 40% in 2013 to €11.28m,...
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Spotify is now profitable in the UK, but what does that mean?

Amid the regular arguments about whether streaming music pays off for artists, another important question sometimes gets forgotten: does streaming music even pay off for the companies that provide it? To date, running...