Tag: revenues

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SoundCloud financials reveal revenues grew to $102m in 2017

SoundCloud isn’t a public company, so it doesn’t have to publish its financial results every quarter: instead, it publishes annual figures some time after the year in question. Thus, yesterday it released its financial...
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‘Streaming Price Bible’ reveals one label’s 2018 per-stream rates

Every year, artist-rights blog The Trichordist publishes a new ‘Streaming Price Bible’ comparing the latest per-stream rates for the main music-streaming services. This year’s went live this morning, based as ever on...
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Analyst claims Instagram will make $14bn of revenues this year

Facebook doesn’t break out revenues for Instagram when publishing its financial results – just like Alphabet doesn’t give standalone figures for YouTube. That leaves a gap for analysts to fill with their own estimates....
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Spotify has 200m users… but labels restless over falling ARPU

It should come as no surprise that Spotify ended 2018 with 200 million monthly active users (MAUs), since the company’s Q3 financials, published in early November, predicted that it would reach 199-206 million MAUs by the...
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Midia predicts $643m of ‘artists direct’ revenues in 2018

Consultancy firm Midia Research has published its predictions for the size of the global recorded-music market in 2018. The headline figure is $18.9bn, which would represent 8.2% growth from 2017, matching that year’s increase....
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Pokémon Go has (probably) passed $200m in revenues

We say “probably” because there are still no official figures for how much money the Pokémon Go mobile game has made.
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Amazon Q2 revenues up 31%, surpassing analyst forecasts

Online retailer Amazon soared past analysts’ expectations to rise 31% to $30.4bn in the second quarter. Within that, its profits were $857m, compared with $92m in 2015.
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Pokemon Go is a bona-fide craze – and a privacy headache

We’re not sure how many music-industry folk are hunting down virtual Pokemon in the streets around them, but the runaway success of Nintendo’s AR/location-based mobile game Pokemon Go this week is worth following.
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Analyst claims Spotify’s clout with labels is on the rise

Will Spotify’s 100m-users milestone give it more clout when negotiating licensing deals with major labels? Edison Investment Research analyst Richard Windsor made exactly that claim yesterday.
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The impact on Netflix of price rise and recommendations

Two separate studies shed some interesting light on how Netflix’s pricing strategy and recommendations engine affect the video-streaming service’s finances.
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Universal Music Revenues 2015

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iHeartRadio launches on Snapchat as Warner Music is pushed out

Snapchat has updated its Discover portal by adding both iHeartRadio and BuzzFeed but – seemingly in a one in, one out strategy – it is dropping Yahoo and Warner Music Group. Discover lets partners share up to 20 stories...