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HomeEarnings Reports(Page 3)

Cloud Music Revenue Fell 16% In Third Quarter

20 November, 2023

Gains in subscribers and cost control measures helped gross profit margin almost double to 27.2%, the company said.

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Seven Highlights From Music Companies’ Quarterly Earnings Reports

10 November, 2023

"Merchants of garbage," live music spending, rosy outlooks and more.

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Live Nation Boasts Another Record Quarter As Music Fans Continue Flocking to Shows

2 November, 2023

The concert promotion and ticketing giant posted third-quarter revenue of $8.2 billion, up 32% from the prior-year period.

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HYBE Revenue Climbs 21% on Seventeen, BTS Solo Projects

2 November, 2023

In Quality Control's second full quarter with HYBE, the hip-hop label accounted for 19% of HYBE's streaming revenue.

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Believe Rides Paid Streaming Gains to 9.1% Revenue Increase in Q3

24 October, 2023

Additional subscription price increases are expected in 2024, said CEO Denis Ladegaillerie.

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iHeartMedia Revenue Dips Amid Continued Weakness in Broadcast Advertising Market

8 August, 2023

The radio company did see a 13% rise in podcasting revenue as it anticipates an overall recovery in the ad market later this year.

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3 Takeaways About Music Streaming From Recent Earnings Reports

4 August, 2023

Subscriptions remain strong, and “music is highly undervalued,” according to Deezer CEO Jeronimo Folgueira.

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Apple Services Revenue Hits All-Time Record as Company Tops 1B Paid Subscriptions

4 August, 2023

The iPhone maker's services business, which includes Apple Music, hit $21.2 billion in the quarter.

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Believe Gives AI a Vote of Confidence as Company Revenues Climb 18%

2 August, 2023

Artificial intelligence "will rapidly be available to elevate the quality of the music," said CEO Denis Ladegaillerie while delivering midyear earnings.

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Universal Music Revenues Jump 21% on Recorded Music Subscriptions, Streaming in 2022

2 March, 2023

UMG also reported publishing revenues rose nearly 35% on the year.

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