Music Earnings Reports

THE STORY Arc

May 24, 2022

Cloud Village Music Subscribers Grew 51%, Revenues Up 38.6% in Q1

Sharp growth in paying users boosted the Chinese music streamer, though its social entertainment platforms accounted for most of the revenue growth.

May 18, 2022

Glenn Peoples

Anghami Posts Double-Digit Subscriber, Revenue Growth in First Quarterly Earnings

In its debut earnings release since going public, the streaming service reported a 20% increase in revenue for the quarter to $9.3 million, though expenses have been rising faster.

May 16, 2022

Glenn Peoples

Tencent Music Revenues Fall 15%, Subscriptions Grow Amid Regulatory ‘Headwinds’

Last year's government regulations appeared to make an impact on Q1's advertising revenues, though TME added almost 20 million paying subscribers.

May 13, 2022

Marc Schneider

Endeavor Beats Wall Street Estimates as Live Events Bounce Back

Endeavor swung from a slim loss of $16.7M in Q4 to a profit of more than $500M last quarter, though the sale of Endeavor Content played a role.

May 10, 2022

Glenn Peoples

Warner Music Posts Double-Digit Revenue Growth to $1.38B in Q2

Strong gains in publishing, licensing and artist services help drive the label group to an overall 10.1% bump in revenue.

May 10, 2022

Marc Schneider

Sony Music Rolls to $7.7B in Annual Revenue Following 37% Jump in Streaming

Recorded music alone brought in nearly $6B over the course of Sony’s fiscal year, which wrapped in late March.

May 5, 2022

Glenn Peoples

iHeartMedia Revenue Up 19% to $843M in First Quarter

Strong broadcast radio advertising and a U.S.-leading podcast audience helped iHeartRadio deliver a year over year improvement.

May 5, 2022

Glenn Peoples

Live Nation Reports ‘Best First Quarter Ever,’ Expects Record Year

The concert giant had $1.8 billion of revenue and adjusted operating income of $209 million in the first quarter of 2022.

May 3, 2022

Chris Eggertsen

BTS, Justin Bieber Concerts Boost HYBE’s Quarterly Earnings

During a slow period for recorded music, large-scale live events led the Korean entertainment giant to post revenue of 285 billion KRW ($226 million).

May 3, 2022

Glenn Peoples

Universal Music Rides Streaming Growth to $2.3B Revenue in Q1

UMG's revenues grew 21% in the first quarter on the strength of double-digit growth in streaming, publishing and merchandising.