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UPDATED: Universal Music Group, the world’s largest music company, reported revenue of €2,870 million for the third quarter — an increase of 4.3% year-over-year, or 4.9% in constant currency ...
Music Industry Moves: Avex USA Names Ryusuke Kamada CFO Boiler Room founder Blaise Bellville said in a statement, “As we turn 15 and enter our next stage of growth, we’re excited to be ...
The world's largest recorded music markets are listed annually by the International Federation of the Phonographic Industry (IFPI). The ranking is based on retail value (rather than units) each market generates respectively per year; retail value generated by each market varies from year to year.
Universal Music Group racked up a strong earnings report for the second quarter of 2022, with about $2.7 billion in revenue, a growth of 17.3% in year-over-year in constant currency, a percentage ...
In 2023, the music industry recorded its highest revenue of all time, with over $8.4 billion in the first half of 2023. The RIAA reported that the number of people with streaming subscriptions had more than doubled since 2019. [42] The Eras Tour, Taylor Swift's sixth headlining concert tour, became a cultural and economic phenomenon as well.
The main branches of the music industry are the live music industry, the recording industry, and all the companies that train, support, supply and represent musicians. The recording industry produces three separate products: compositions (songs, pieces, lyrics), recordings (audio and video) and media (such as CDs or MP3s , and DVDs ).
Formed out of the male-dominated music scenes of jam music (in the case of Bonnaroo), late-’90s indie rock (Coachella), and early ’90s alternative and grunge (Lollapalooza), these festivals tend to celebrate diversity while dismissing the most popular pop acts — the ones who tend to dominate the charts and who tend so often to be female ...
Mary Rahmani, founder of Moon Projects and former director of music content/artist partnerships at TikTok, has joined Songfluencer and Genni & Co. as a strategic advisor. Songfluencer, a social ...