News Superstruct’s UK company revenues jumped 26% to $222m in 2023 – the year before firm was acquired by KKR in a $1.4bn deal Company swung to an operating loss of £33.26 million
Analysis News Sony’s music rights business generated over $10bn for the first ever year in 2024; firm’s outgoing CEO, Kenichiro Yoshida, applauds EMI buy as best of his tenure As MBW reported earlier today, Sony's global music rights operation generated USD $2.7 billion in calendar Q4 2024
Analysis News Warner Music achieves fourth straight quarter of double-digit subscription streaming growth as calendar Q3 revenues hit $1.63bn Warner Music Group has published its financial results
News K-pop giant HYBE asks court to unmask YouTubers accusing its artists of ‘plagiarism’ HYBE has filed defamation lawsuits against seven YouTube channels that it says have damaged the company's and artists' reputations.
Analysis News Who owns Spotify in 2024? Co-founders Daniel Ek and Martin Lorentzon continue to dominate as shareholders of Spotify.
Analysis News The US music streaming market might be feeling less-than-fizzy, but over in Brazil… it’s still party time. After last week's deflating numbers from the RIAA, Brazil's local trade body has some good news for record labels
News BMG revenues hit $496m in H1 2024, up 12.5% YoY on organic basis Thomas Coesfeld's changes to BMG had a clear effect on company's profit profile in H1 2024 period
Analysis News Sony generated $2.54bn from recorded music and publishing in calendar Q2, up 11.4% YoY; recorded music streaming revenues up 5.0% YoY Recorded music up 10.8% YoY; music publishing up 13.3% YoY
News US music publishing revenue jumped 10.7% to $6.2bn in 2023… outstripping recorded music’s growth in percentage terms The NMPA is focusing its energy on a battle against Spotify over royalty payments
Analysis Hipgnosis Songs Fund’s catalog turned out to be worth more than a lot of people thought. In light of Blackstone's latest bid, MBW crunches the numbers on what HSF spent on assets... and what they're worth now
Analysis Sony generated $2.5bn from recorded music and publishing in calendar Q1 2024, up 14.7% YoY Sony's corporate music division posted annual revenues of nearly $11 billion in the 12 months to end of March
News BMG annual revenues hit $979m in 2023, up 4.6% YoY; EBITDA flat at $210m BMG's EBITDA margin stood at 21.4% in 2023, down slightly from the 22.5% margin it posted in 2022
Analysis News Universal Music Group generated over $1 billion per month on average in 2023 MBW crunches the numbers from UMG's latest quarterly earnings announcement
Analysis News Sony generated $2.52bn from recorded music and publishing in calendar Q4 2023, up 14% YoY MBW crunches the numbers from Sony Corp's latest quarterly earnings announcement
Analysis News The major record companies (and Merlin) saw their Spotify market share fall again in 2023. Yet even before ‘artist-centric’ changes, this decline started slowing. Spotify's annual report reveals an interesting trend around the joint market share of major record companies and Merlin on the platform