Shazam’s losses grew to £5.8m in the second half of 2013… but why?
Shazam has published its latest set of accounts, for the last six months of 2013, and they reveal widening losses at the company. Shazam reported £16.9m ($27.5m) of revenues for the half-year period, and a net loss of £5.8m...
September 26, 2014
Not-so-sweet Candy Crush Saga financials for games firm King
Has the bubble burst for the world’s most lucrative mobile game? Publisher King announced its latest quarterly financials yesterday, fuelled by Candy Crush Saga. On the surface, the numbers are still startlingly big:...
August 18, 2014
SFX’s revenues nearly triple, but its losses are rising too
EDM-focused entertainment firm SFX Entertainment's revenues nearly tripled year-on-year in the last quarter, but its losses grew too. The public company published its latest financial results yesterday, revealing that...
August 15, 2014
Delivery Agent buys up Live Nation’s Musictoday
Delivery Agent, which is based around shopping via smart TV, is moving into music with the acquisition of Musictoday, a merchandise fulfillment company with over 500 acts on its books – including U2, Pitbull, Toby Keith...
August 6, 2014
Live Nation hails secondary and mobile ticketing amid financial results
Live Nation reported its latest financial results last night, with a 1% fall year-on-year to $1.67bn driven by a 2% drop in concerts income to $1.17bn. However, the company saw its ticketing revenues rise 10% to $371m,...
August 1, 2014
Twitter revenues increased sharply in Q2… but so did its losses
Anyone suggesting that Spotify’s lack of profitability will be a barrier to any IPO should take a look at Twitter’s latest financial results: the social network’s net losses grew from $42.2m in the second quarter of...
July 30, 2014
Pandora joins the billion-dollar music payouts club with Spotify and YouTube
When the likes of Spotify look to a possible future as public companies, Pandora remains the most high-profile example of a post-IPO digital music business riding the Wall Street rollercoaster. Witness its latest quarterly...
July 25, 2014
Facebook still surging based on latest quarterly earnings
Remember the days after Facebook went public last year, when its share price wobbled and plenty of experts suggested that its IPO had been an embarrassing flop? As a reminder, that IPO price was $38 a share, but at the...
July 24, 2014
Apple financials continue to impress, with iTunes to the fore
Apple announced its latest quarterly financials last night, and predictably made a shedload more money: revenues of $37.4bn and a net profit of $7.7bn, up from $35.3bn and $6.9bn respectively in the corresponding quarter...
July 23, 2014
Netflix is about to pass 50m paying subscribers
Our quarterly glance into the world of the biggest TV/films streaming service, today, as Netflix announced its latest financials. The big number that’s being talked about most is the company’s growth past 50m paying subscribers:...
July 22, 2014
Visual social network Pinterest raises $200m in new funding
The funding numbers behind Pinterest are eye-boggling: it raised $100m in October 2012, $200m in February 2013, then another $225m in October. And now it has announced another $200m round. In total, Pinterest has now raised...
July 18, 2014
Google’s Q2 financials: $16bn revenues and $3.4bn net profit
Google announced its latest financial results yesterday, for the second quarter of 2014. The company’s revenues rose 22% year-on-year to $16bn, while its net profit rose 5.9% to $3.4bn. Alongside the financials, there...
July 18, 2014