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.
Strong concerts and merchandise revenue helped the company overcome a slow period for recorded music revenue.
The Paris-based streamer saw a 1.1% increase in revenue to 134 million euros ($145.08 million).
The increased demand amid heightened macroeconomic uncertainty shows listeners "stay with us even when things feel more uncertain," CEO Daniel Ek says.
