From Universal Music Group to Sphere Entertainment, a roundup of the most impressive and surprising stats from the latest round of music companies’ earnings.
Revenue jumped 22% with help from the company's See Tickets acquisition and its investment in France Billet.
With most music companies’ quarterly reports now in, here’s a look at the major trends — including what’s happening with ad revenue.
The French CMO's collections were up in 2024, fueled largely by global growth. "We have the weight to be an international player," CEO Cécile Rap-Veber tells us.
The radio company's digital business, which includes podcasts, was up 16% while its broadcast segment fell 4%.
WMG CEO says results suffered from a tough comparison to early 2024, when exchange rates swung to their benefit and there was a surge in subscription streaming growth.
Tours by TVXQ and Minho also helped push concert revenue up 58% in the first quarter.
Here is a round-up of Universal Music Group, Spotify, HYBE and other music companies' earnings results for the quarter ending March 31, 2025.
With gains in event-related deferred revenue and tickets sold for future events, Live Nation expects a double-digit increase in adjusted operating income in 2025.
Executives reiterated full-year financial guidance and said they don't expect to be impacted by possible increases in global tariffs.