Microeconomics

  1. Madonna, Bruce Springsteen Lead Billboard's 2013 Top 40 Money Makers

    February 22, 2013 12:26 PM EST It may be a digital age, but live is still the big cash driver for the top 40 earners on our annual list The U.S. music business offers a matrix of trends to satisfy chart watchers and number crunchers. New CD sales continue to fall. Digital music ...

  2. United Airlines Adds Digital Music Store To Rewards Program

    August 06, 2012 2:15 PM EDT United Airlines is adding a digital download music store to its MileagePlus Progam, allowing members to redeem miles by turning them in for music. The store, which features 7 million tracks, is run by Choose Digital, a Coral Gables Fla.-based comp ...

  3. Business Matters: Doing More With Less - A Key Theme at NARM 2012

    May 11, 2012 9:03 PM EDT Doing More With Less -- A Key Theme at NARM 2012 -- The theme at NARM's Music Biz 2012 conference was forced austerity. "We're doing more with less," one major label executive said when asked how his company was doing.Outsourci ...

  4. U.K. Music Market Slips 3.4% Despite 25% Growth In Digital, Says BPI

    February 16, 2012 12:15 PM EST Digital music revenues in the United Kingdom climbed by 24.7% in 2011, but it was not enough to prevent a 3.4% decline in the overall music market, according to new figures released by labels trade body the BPI. Total recorded music trade revenue ...

  5. Warner Music Group Spent Less, Revenue Remained Flat in Holiday Quarter

    February 09, 2012 12:54 PM EST The holidays were good to Warner Music Group. Key releases by Michael Buble, Nickelback and the Black Keys helped Warner post flat revenue of $779 million in the fourth quarter of 2011 and first of the company's fiscal year. Operating earning ...

  6. Australia's APRA, AMCOS Report Record Revenues

    November 28, 2011 4:30 PM EST Australia's performing right society APRA and its sister mechanical right body AMCOS have reported a best-ever combined revenue of Australian $240 million ($233), a rise of 8%. The result for the year ending June 30, explains APRA/AMCOS CEO B ...

  7. Clear Channel Radio Revenue Up 4% to $781 Million

    August 04, 2011 6:45 AM EDT CC Media Holdings, the parent company of Clear Channel Communications, reported Wednesday that revenue grew 8% to $1.6 billion in the second quarter, with radio revenue up 4%. The company's billboard business rose 5% domestically and 19% inte ...

  8. France's SACEM Revenues Up 7.5% Last Year

    July 13, 2011 2:36 PM EDT Sacem, the French authors and publishers collection society, has just announced 7.5% growth in 2010 to €819.6 million (about $1.16 billion), the agency's first growth that's exceeded inflation in five years, according to Sacem report. In ...

  9. The Quarter Financial Wrap: WMG, UMG, Live Nation, Hastings, Trans World and much more

    June 10, 2010 12:00 AM EDT You hear a lot of grim music business news but recent performances of publicly traded music and music-related companies had enough positive aspects to overlook – at least for a few moments – the industry’s broad decline. Overall, falling physical ...

  10. WMG Q2 Revenue Stable

    May 06, 2010 12:00 AM EDT Warner Music Group's total revenue in the second quarter, to March 31, 2010, was down 1.3% year-on-year to $662 million. The decline was 6% on a constant currency basis. WMG said the performance reflected a light release schedulue, the contin ...

  11. Analysis: Recorded Music Forecasts And Their Spotty History

    January 19, 2010 12:00 AM EST Last week, two market research reports were released that forecast the trend of recorded music revenues. The reports are notable for two things: the dates when digital-physical equilibrium will be met and the errant forecasts of their predecessors ...

  12. Warner Music Group Q3 Revenues Down

    August 06, 2009 12:00 AM EDT In its fiscal third quarter, Warner Music Group continued to diversify its product mix but turned in revenue and earnings characteristic of an industry in a difficult transition. Total revenue dropped to $769 million, down 9% from the prior year q ...

  13. WMG Digital Revenue Up 39%

    November 25, 2008 12:00 AM EST Warner Music Group has issued fourth-quarter and full-year results that show strong digital revenue gains for the 12 months up to Sept. 30. Although digital revenue grew by a modest 0.6% from the previous 2008 quarter to $167 million, that represe ...

  14. UMG Posts Q2 Loss

    July 24, 2008 12:00 AM EDT The Universal Music Group saw a 5.3% drop in sales to 1.02 billion euros ($1.6 billion) in the quarter ended June 30, from the 1.07 billion euros ($1.4 billion) generated by the company in the preceding quarter. But on a constant currency exchange ...

  15. Sirius Q3 Revs Soar, Subs Up 135%

    November 08, 2006 12:00 AM EST Revenue soared 150% to $167.1 million. Revenue soared 150% to $167.1 million. News ...

  16. RealNetworks Reports Leap In Q3 Earnings

    November 07, 2006 12:00 AM EST Revenue rose 14% to $93.7 million. Revenue rose 14% to $93.7 million. News ...

  17. UMG Q3 Sales Down

    November 07, 2006 12:00 AM EST Digital accounts for 11.5% of revenue. Digital accounts for 11.5% of revenue. News ...

  18. Handleman Posts Q1 Loss, Music Sales Down

    September 06, 2006 12:00 AM EDT Lost $5.9 million in the first quarter. The Handleman Co posted a deeper loss in the first quarter of this year compared to last, with plummeting music sales cited as the key reason for the weak performance. Overall, the Troy, Mich.-based wholesal ...

  19. Handleman Posts Q1 Loss, Music Sales Down

    September 06, 2006 12:00 AM EDT Lost $5.9 million in the first quarter. The Handleman Co posted a deeper loss in the first quarter of this year compared to last, with plummeting music sales cited as the key reason for the weak performance. Overall, the Troy, Mich.-based wholesal ...

  20. Hastings Ent. Releases Financial Results

    August 25, 2005 12:00 AM EDT Chain hits earnings forecast in Q2. Although Hastings Entertainment hit its earnings forecast by generating $671,000 in net income, or six cents per diluted share, on sales of $122.7 million in the three-month period ended July 31, the Amarillo, T ...

  21. Coldplay, Gorillaz Delays Dull EMI Results

    May 24, 2005 12:00 AM EDT Revenue, profits down, but digital sales triple. Revenue, profits down, but digital sales triple. News ...

  22. UMG Posts Major Gains

    March 10, 2005 12:00 AM EST profit, revenue rise. 2004 profit, revenue rise. News ...

  23. Weed Owner Scores Funds

    December 06, 2004 12:00 AM EST AV Capital makes investment. AV Capital makes investment. News ...

  24. Blair: Clear Channel Starts Strong In 2004

    May 05, 2004 12:00 AM EDT In an analysis prepared for investors, financial services firm William Blair & Co. shows Clear Channel Communications posting a solid financial performance early in 2004. In an analysis prepared for investors, financial services firm Willi ...

  25. Blair: Clear Channel Starts Strong In 2004

    May 05, 2004 12:00 AM EDT In an analysis prepared for investors, financial services firm William Blair & Co. shows Clear Channel Communications posting a solid financial performance early in 2004. In an analysis prepared for investors, financial services firm Willi ...