Of the 100 tracks in the Q4 2023 Hot 100 chart, Universal Music Group has an ownership interest in 61.
High-margin premium experiences — from VIP access to food and beverage — are becoming increasingly common at music venues.
One year post-merger, CEO Jeremy de Maillard says the company is looking to step up its game around digital amps and other tools.
A new report from music data company Chartmetric shows the long odds of going from undiscovered to mainstream in a single leap.
Next week’s earnings releases include Spotify (Feb. 6), Reservoir Media (Feb. 7) and Warner Music Group (Feb. 8).
Of the 184 million tracks in Luminate’s database, 43% were streamed fewer than 10 times and 25% weren't streamed at all in 2023.
A Mediaocean report found radio ad spending will fare about the same as last year, while dollars should increase for social media, digital, connected TVs and search.
With consumer sentiment improving and recession risks fading, 2024 is shaping up to be another record-breaker.
CEO Daniel Ek wants Spotify to become "relentlessly resourceful." The company's financial results showed it was becoming less efficient as it led the music industry's renaissance.
Sales and streams of "Rich Men" dropped 83% in 10 weeks after topping the Hot 100. That's a bigger drop than "Anti-Hero" and "Flowers" but smaller than "Try That In a Small Town" and "Like Crazy."