Fundamental analysis

  1. SiriusXM CEO Karmazin Calls Internet Radio 'Race to the Bottom' on Earnings Call

    November 01, 2012 10:46 AM EDT Outgoing SiriusXM CEO Mel Karmazin slammed the business model behind personalized Internet radio services during an otherwise upbeat third-quarter earnings call Thursday. While advertising-based Internet radio company Pandora has yet to turn a pro ...

  2. Warner Music Group Expects Improved Revenues In Q4

    October 16, 2012 10:02 PM EDT When the Warner Music Group (WMG) reports its financials for the three-month period ended Sept. 30, the company expects revenue to total $721 million to $741 million, an improvement over the $719 million reported in the corresponding period for th ...

  3. Sirius XM Radio Adds 334,000 Subscribers in Third Quarter

    November 01, 2011 9:05 AM EDT Sirius XM Radio added 334,000 subscribers in the third quarter, the satellite radio company reported Thursday. That brings their total to 21.3 million subscribers. It also reported a revenue of $763 million, up 6 percent over third quarter 2010 re ...

  4. Business Matters: What the Stock Market Declines Mean to Music Companies

    August 02, 2011 6:42 PM EDT What the Stock Market Declines Mean to Music Companies -- Concerns about the U.S. debt and hints that the U.S. economy has entered a double-dip recession are dragging down stock markets and impacting music and entertainment companies. New consumer ...

  5. Business Matters: Trans World's Music Sales Get a Boost From Healthy Catalog Performance

    May 23, 2011 6:19 PM EDT Trans World's Music Sales Get a Boost From Healthy Catalog Performance -- Trans World's first-quarter results were a good reflection of overall music sales: same-store revenue was down slightly, catalog sales were good -- they were great ...

  6. Warner Shares Reach 52-Week High as Acquisition Nears

    May 05, 2011 2:40 PM EDT Shares of Warner Music Group reached a 52-week high on Thursday upon news that Access Industries is nearing a deal to acquire the company. At midday trading on Thursday, shares stood at $7.83. Shares reached their 52-week high of $8.15 earlier in ...

  7. Business Matters: Twittering Bankers; Market to iPad 2: Meh

    March 03, 2011 7:06 PM EST Tweeting Bankers: Is JP Morgan Chase Investing in Twitter? -- Is JPMorgan Chase trying to invest in Twitter at an astounding $4.5 billion? Sort of. New York Magazine has a good explanation of the whole affair. JP Morgan is not going to make a dire ...

  8. Universal Music Posts 10% Revenue Gain, Matches 2008 Revenue in Q4

    March 02, 2011 11:54 AM EST A strong end to 2010 gave Universal Music Group a 9.9% increase in revenue in the fourth quarter, according to financial details released by parent company Vivendi . It was the third straight year-over-year increase in quarterly revenue. Full-year ...

  9. Analysis: A Deeper Look at EMI’s Numbers

    November 23, 2009 12:00 AM EST During the ongoing Terra Firma-Citi saga, EMI has released a few numbers that show improvements in its divisions' operating performance. (See a chart of top-line performance here , via paidContent .) But, beyond the simple accounting measure ...

  10. EMI Music Earnings Triple To $246 Million

    May 07, 2009 12:00 AM EDT EMI Music has increased EBITDA to £163 million ($246 million) for the year ending March 2009, an increase of 219.6% on the 2007-2008 EBITDA of £51 million ($77 million). The earnings increase at the recorded music division occurred during the firs ...

  11. What's Behind Baker & Taylor's 'Bottom Rung' Status?

    March 30, 2009 12:00 AM EDT Last week, when Moody’s put out its bottom rung report—which those in the blog world seem to see as a "dead companies walking" list—Baker & Taylor earned the dubious distinction of being named. That made plenty of vendors nervous. Ev ...

  12. Sanctuary Warns Of Year Loss

    June 23, 2006 12:00 AM EDT Music company Sanctuary said on Friday (June 23) that trading at its recorded music division would be below previous expectations and forecast a loss for its financial year to Sept. 30, hitting its sh Music company Sanctuary said on Friday (June 2 ...

  13. EMI Music Licenses Catalog To Qtrax

    June 05, 2006 12:00 AM EDT Service expected to launch beta later this year. Service expected to launch beta later this year. News ...

  14. Live Nation Q1 Revenues Jump $72 Million

    May 05, 2006 12:00 AM EDT Posts a 16% rise over first quarter 2005. Live Nation, the world’s largest concert promoter and live event producer, rang up $516.6 million in revenues for the first quarter of 2006, an increase of $72.1 million, or 16%, over Q1 2005. Operating in ...

  15. Not For Sale: Sanctuary Taken Off The Market

    October 04, 2005 12:00 AM EDT Troubled U.K.-based music indie Sanctuary group took down its for sale sign Sept. 26 with a statement to the London Stock Exchange in which it said the company intended to cut costs and rebuild instea LONDON (The Hollywood Reporter) -- Troubled U. ...

  16. WMG Posts 10-Month Uptick

    December 13, 2004 12:00 AM EST Warner Music Group today (Dec. 13) reported improved financial performance for the 10 months ended September 2004. The company's net loss was $136 million, compared with a net loss of $239 million in Warner Music Group today (Dec. 13) reporte ...

  17. UMG Reports Q3 Gains

    November 18, 2004 12:00 AM EST Operating income multiplies. Operating income multiplies. News ...

  18. U.K.'s Sanctuary Reports 15% H1 Profit Gain

    June 07, 2004 12:00 AM EDT Robust growth across all Sanctuary Group's key areas of business underpinned a 15% rise in first-half profits to £6.9 million ($12.6 million), the British independent music group reports today (J Robust growth across all Sanctuary Gr ...

  19. U.K.'s Sanctuary Reports 15% H1 Profit Gain

    June 07, 2004 12:00 AM EDT Recorded product sales up 17%. Robust growth across all Sanctuary Group's key areas of business underpinned a 15% rise in first-half profits to £6.9 million ($12.6 million), the British independent music group reports today (June 7). Revenues ...

  20. Blair: Clear Channel Starts Strong In 2004

    May 05, 2004 12:00 AM EDT Estimated Earnings Per Share up 33%. Estimated Earnings Per Share up 33%. News ...

  21. UMG Takes Hit In 2003

    March 17, 2004 12:00 AM EST Major's operating income slides 87% year-on-year. Major's operating income slides 87% year-on-year. News ...

  22. Handleman Posts Quarterly Profit Gain

    February 25, 2004 12:00 AM EST Adjusted EBITDA for fiscal Q3 was $37.8 million. Adjusted EBITDA for fiscal Q3 was $37.8 million. News ...