13 Nov 2024Spotify Q3 total revenue up 19% to $4.2bnSpotify has announced its third quarter 2024 earnings where it outperformed across key metrics,...By Peter Choge
18 Jun 2024Mdundo issues 2024-25 strategy and financial guidanceAfrican music streaming platform Mdundo has announced its guidance for the fiscal year 2024-25,...By Peter Choge
30 Apr 2024Deezer registers $144m revenue in Q1 2024 Global streaming platform Deezer has published its consolidated revenue for the first quarter (Q1)...By Peter Choge
24 Apr 2024Spotify records $179m profit in Q1 2024Spotify has reported record quarterly profitability of €168m ($179m) in its Q1 2024 financial...By Peter Choge
15 Feb 2024Sony Music Group generated $2.5bn in Q4 2023Sony Music Group registered a strong double-digit growth in the final quarter of 2023 from recorded...By Peter Choge
13 Feb 2024SAMRO reports ‘strong’ revenue growth for 2023The Southern African Music Rights Organisation (SAMRO) has announced that it recorded significant...By Ano Shumba
07 Feb 2024Spotify adds 10 million new subscribers in Q4 2023Spotify has announced that it exceeded the guidance on user numbers and subscribers for Q4 of 2023.By Peter Choge
20 Nov 2023Warner Music Group’s revenue surges past $6bnWarner Music Group last week announced its fourth-quarter (Q4) and full-year financial results for...By In-house East Africa
10 Nov 2023Sony Music generates $2.3bn in Q3 2023Sony Music Entertainment (SME) generated $2.3bn in the three months to the end of September 2023...By Peter Choge
27 Sep 2023Mdundo registers 239% revenue growth from paying usersAfrican music service Mdundo has released its annual report for the period 1 July 2022 to 30 June...By Peter Choge
09 Aug 2023Warner Music Group registers $1.5bn revenue growthWarner Music Group (WMG) recorded a total revenue growth of $1.564bn in its calendar Q2 (fiscal Q3...By Peter Choge
04 Aug 2023Believe revenues up by almost 18% in first half of 2023Global digital music company Believe generated €415.4m ($454m) in revenues, representing 17.9%...By Peter Choge