Strong concerts and merchandise revenue helped the company overcome a slow period for recorded music revenue.
Nearly all aspects of the more than 30-year-old arena, which is the home of the Anaheim Ducks, will be refreshed.
The Paris-based streamer saw a 1.1% increase in revenue to 134 million euros ($145.08 million).
With Audible Magic's fingerprinting technology, streaming services and distributors can now easily identify tracks that were made using Udio.
"Ethical AI is the future, and we’re leading the charge in making sure creators are not left behind," says Beatstars CEO Abe Batshon.
The increased demand amid heightened macroeconomic uncertainty shows listeners "stay with us even when things feel more uncertain," CEO Daniel Ek says.
A number of big names have pledged a contribution of £1 per ticket from upcoming arena shows to the fund.
Atlantic Records was the initial label honoree at last year’s inaugural Hall of Fame Gala.
The former CMT senior vp will work with artists from all genres on development, booking, production and more.
"It is the honor of a lifetime to lead Billboard and the team," says Van, who has served as the brand's president since 2022.
