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Over the past few years, with the emergence of streaming, the music industry has undergone a radical transformation. However, the music revenues broke all records since the 1990's. Do not miss any meaningful information related to the music industry with Music Industry Essentials!


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@billboard shared
On Aug 9, 2022
Helped by strong growth in publishing, @WarnerMusic upped its revenue to $1.42 billion in its fiscal third quarter. https://t.co/ezKF8fLW60
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Warner Music Posts $1.42B Revenue in Quarter Boosted By Publishing Growth

WMG’s results were impacted by “a slowdown in the advertising market and some one-off items affecting year-over-year comparisons,” said CEO Steve Cooper.

@billboard shared
On Aug 9, 2022
Helped by strong growth in publishing, @WarnerMusic upped its revenue to $1.42 billion in its fiscal third quarter. https://t.co/ezKF8fLW60
Open
Warner Music Posts $1.42B Revenue in Quarter Boosted By Publishing Growth

Warner Music Posts $1.42B Revenue in Quarter Boosted By Publishing Growth

WMG’s results were impacted by “a slowdown in the advertising market and some one-off items affecting year-over-year comparisons,” said CEO Steve Cooper.

Powered by Publishing, Warner Music Posts $1.42 Billion in Revenue for Third Quarter

Powered by Publishing, Warner Music Posts $1.42 Billion in Revenue for Third Quarter

Despite some “headwinds” including an unusually strong dollar, a lighter-than-usual release schedule and several short-term expenses, Warner Music posted a solid third quarter of 2022, with ...

Warner Music Group revenues up 12.1% in calendar Q2; recorded music streaming up 2.7%

Warner Music Group revenues up 12.1% in calendar Q2; recorded music streaming up 2.7%

A mixed bag of results for Warner, but double-digit increase achieved nonetheless – even as ad-funded streaming growth slows…

The strongest dollar in 20 years is wiping billions off U.S. company earnings. Here’s why

The strongest dollar in 20 years is wiping billions off U.S. company earnings. Here’s why

It’s normal for the dollar to rise in uncertain times. It benefits American consumers, but makes it tougher for U.S. companies to cash in on foreign sales.

MARKETS DAILY: Central Bank Digital Currencies and US Dollar Dominance in 2020

MARKETS DAILY: Central Bank Digital Currencies and US Dollar Dominance in 2020

With 2019 vanishing in the rear view mirror, Markets Daily is back for an insightful look into Central Bank Digital Currencies (CBDCs)

Why Are Record Companies Dumping Their Spotify Stock?

Why Are Record Companies Dumping Their Spotify Stock?

Streaming is the future of the music business. Everybody knows this. Except, it appears, the record companies. On Tuesday, August 7, 2018, in an earnings call with stock analysts, Warner ...

Euro weakens, US dollar soars, Swiss cut rates in global currency wars

Euro weakens, US dollar soars, Swiss cut rates in global currency wars

Central bankers are vying to boost domestic buying power at the expense of exporters

There Are Many Requests from Interested Members, said Libra Association Director

There Are Many Requests from Interested Members, said Libra Association Director

The Libra Association director has recently given an interview to a French news firm and provided an insight into the progress made so far. According to him, Libra will launch by the second ...

Stablecoins post triple-digit growth in 2020, but institutional rivals loom

Stablecoins post triple-digit growth in 2020, but institutional rivals loom

Despite many stablecoins posting triple-digit market cap growth this year, competition from projects backed by major financial and tech corporations is on the horizon

Prepare for the U.S. dollar hit on S&P 500, big tech earnings

Prepare for the U.S. dollar hit on S&P 500, big tech earnings

The dollar has been so strong against international currencies including the euro that the greenback will weigh on earnings, including big tech companies.

ServiceNow Announces Bill McDermott to Become CEO, Succeeding John Donahoe, Who Is Stepping Down to Become CEO of Nike

ServiceNow Announces Bill McDermott to Become CEO, Succeeding John Donahoe, Who Is Stepping Down to Become CEO of Nike

ServiceNow (NYSE: NOW) today announced that Bill McDermott will join ServiceNow by year-end 2019 as President and Chief Executive Officer and a member

Warner Music, Prince Al-Waleed Near Deal Over Saudi Tycoon’s Music Company

Warner Music, Prince Al-Waleed Near Deal Over Saudi Tycoon’s Music Company

The deal would value Prince al-Waleed bin Talal’s Rotana Music at close to $200 million, according to people familiar with the matter, and would pair one of the West’s biggest music forces ...