TikTok generated over $2bn in the UK and Europe last year
TikTok has filed the financial results for its European/international business for FY 2022 (ending December 31). The filing, published...
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European concert and ticketing firm CTS EVENTIM generated €1bn in the first six months of 2023
The global concerts business is booming, and live music companies are publishing the balance sheets to prove it. US-headquartered...
Fewer DIY artists generated $10k on Spotify in 2022 than they did in 2021.
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Universal Music Group generated more than $1bn per quarter, on average, from recorded music subscription streaming in 2022
It’s the question that keeps music rights investors up at night: When will the annual growth in global recorded...
K-Pop giant SM Entertainment generated revenues of $198m in Q4, up 18.2% YoY
South Korea-based entertainment giant SM Entertainment, whose founder recently sold a 14.8% stake to rival HYBE, the company behind...
10 years ago, Warner Music’s Top 5 superstars generated 15% of its revenue. Today, that number is down to just 5%.
MBW’s Stat Of The Week is a series in which we highlight a single data point that deserves the...
Warner Music Group generated $92m from ’emerging platforms’ in calendar Q3 – and other takeaways from Steve Cooper’s last earnings call with WMG
Warner Music Group‘s earnings call on Tuesday (November 22) ended on an upbeat note – and it’s easy to...
Taylor Swift’s Midnights (3am Edition) has generated over $1.3m in sales on Tencent’s QQ Music in China
Despite being regarded as the priciest-ever digital album sold by Tencent Music in China, Taylor Swift’s latest album, Midnights...
Universal Music Group generated nearly $1 billion from subscription streaming in Q3
Over the summer, Bill Ackman’s Pershing Square predicted that Universal Music Group “can grow revenues at an annual rate...
The US music publishing industry generated $4.7bn last year – but the record industry grew twice as fast
There are financial statistics in the music business that, on the surface of things, don’t tell us too much....