24 Jul 2024Spotify posts operating income of $286m in Q2 2024Spotify posted a “record high” operating income of €266m ($286m) in the second quarter (Q2) of 2024...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
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
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
14 Aug 2023Sony generates $2.28bn from music in Q2 2023Sony generated $2.284bn from recorded music and music publishing in the three months to the end of...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
01 Feb 2023Spotify added 10 million premium subscribers in 2022Spotify added 10 million premium subscribers to its user base in 2022.By Peter Choge
11 Aug 2022Warner revenues hit 12% as Big Three post double-digit...Warner Music Group’s (WMG’s) revenues grew 12.1% year-on-year to reach $1.43bn, according to its...By Butchie Seroto
13 May 2022Sony, Warner Music register over 13% growth in Q1 revenuesSony Music and Warner Music Group this week posted their earnings for quarter one (Q1) this year,...By Butchie Seroto
06 May 2022Strong revenue growth for Universal, Believe and more in Q1It’s the first quarterly reporting season for a number of labels and DSPs, which have been posting...By Butchie Seroto
29 Jul 2021Universal Music posts nearly $1bn in Q2 profitsVivendi has released Universal Music Group’s (UMG’s) earnings report for quarter two (Q2) ending in...By Butchie Seroto
05 May 2021Warner Music’s revenue grows 16.8% in Q1Warner Music Group’s (WMG’s) recorded music revenues rose from $907m to $1.059bn, representing 16.8...By Butchie Seroto