The company’s stock price jumped 25% on Tuesday (Aug. 12) following quarterly results.
A roundup of every label, streamer and other major music company's second quarter earnings results in one place.
Expect CEOs and CFOs to pepper their earnings calls with thoughts on slowing streaming growth, superfans, the state of the economy and more.
With most music companies’ quarterly reports now in, here’s a look at the major trends — including what’s happening with ad revenue.
The Paris-based streamer saw a 1.1% increase in revenue to 134 million euros ($145.08 million).
The company forecasts organic growth of 13.0% in 2025 despite “limited ad-funded streaming growth.”
This year's quarterly results have shown improvements in margin and profitability without sacrificing subscriber growth.
The DSP says there’s “potential” for more price increases after two hikes in recent years.
Overall revenue in the first half of 2024 rose to $491.7 million for the German music company, with digital revenue jumping 20%.
The quarter was boosted by the June acquisition of the ticketer from Vivendi and a solid performance from its live entertainment division.
