Analysis News Warner Music Group generated $1.49bn in calendar Q1; subscription streaming revenues rose 13.5% YoYWarner Music Group has issued its financial results for the three months ended March 31, 2024
Analysis News Tencent Music’s AI-powered tech can ‘predict the next hit song,’ and 5 other things we learned from its latest annual reportTME is also facing 695 copyright infringement lawsuits, and it's negotiating a 10% stake in an 'overseas entertainment company'
Analysis News Universal Music Group sees a future where 1 in 5 streamers pays for a ‘super-premium’ tier (and 3 other things we learned from UMG’s Q1 earnings call)MBW listened into UMG's Q1 earnings call. Here are a few things that stood out...
Analysis Blog ‘The integration of AI into the music industry heralds a symphony of transformative possibilities.’The following op/ed comes from Daouda Leonard, manager of Grimes and founder of Los Angeles-based AI development studio CreateSafe
Analysis News Live Nation says forcing it to sell Ticketmaster would not be ‘legally permissible,’ and 3 other things we learned on the company’s latest earnings callLive Nation's businesses would do very well as standalone companies, CEO Michael Rapino says, but that's not the strategy
Analysis News From Universal’s TikTok deal to Blackstone’s bid for Hipgnosis Songs Fund… it’s MBW’s Weekly Round-UpThe five biggest stories to hit our headlines over the past seven days…
Analysis News Live Nation revenue reached $3.8bn last quarter; attendance grew 21% to 23m fans in Q1The concert giant's latest financial results were published on Thursday (May 2)
Analysis News Universal Music Group generated $2.8 billion in Q1 – up 7.9% YoYUMG, which trades on the Euronext stock exchange in Amsterdam, has published its Q1 results (for the three months to end of March)
Analysis News Universal Music and TikTok strike new licensing deal – including ‘improved remuneration’ for UMG artists and songwritersThe announcement brings to an end a long-running licensing dispute between the two companies.
Analysis News Anghami’s paid subscribers jumped 18% in Q1 2024, after a 2023 of revenue ‘headwinds’The MENA-focused streaming service expects a revenue boost following its merger with TV and film streamer OSN+
Analysis News Warner Music Group boss Robert Kyncl backs US Senate bill to crack down on AI deepfakesKyncl to give testimony to a subcommittee of the Senate Judiciary Commitee on Tuesday (April 30)
Analysis News India’s Tips Industries generated $7.6m in calendar Q1, up 22% YoYIndia-headquartered music and entertainment company Tips has published its financial results for calendar Q1
Analysis News A shaman, a management coup, a tearful press conference and a $770m market cap dip: What the heck is going on at HYBE?Disputes between record companies and their executives have happened before, but this one takes the cake for weirdness
Analysis News Deezer’s revenues grew 14.2% YoY to $144m in Q1; subscriber base reached 10.5mParis-headquartered music streaming service Deezer has published its financial results and subscriber numbers for Q1 2024
Analysis News From the bidding war for Hipgnosis Songs Fund to ByteDance’s battle for TikTok in the US… it’s MBW’s Weekly Round-UpThe five biggest stories to hit our headlines over the past seven days…