The five things you need to know about the live giant’s Q1 earnings
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Author archives: Tim Ingham
Universal Music Group strikes partnership with Nigeria-based Aristokrat Group
“This is an exciting time for African musicians, producers and companies such as ours.”
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Spotify hires former HBO exec Eve Konstan as General Counsel
Horacio Gutierrez: “[Eve’s] extensive experience in the media industry and her proven leadership skills will be a great asset to the company!”
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Scooter Braun is a songwriter now, with credit on new Ariana Grande and Justin Bieber single
Braun is credited on Stuck With U, and has previously gotten a songwriting nod on Justin Bieber’s Purpose
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Live Nation revenues fell 20% in Q1 2020 – but firm says over 90% of fans are keeping tickets over taking refunds
“Despite these challenging times, we continue to have full confidence in the long-term supply and demand dynamics of the live concerts industry, Live Nation’s leadership position and our business model’s ability to successfully deliver profitable growt…
Warner Music Group boss Steve Cooper talks COVID-19, streaming subscriptions… and that delayed IPO
MBW delves deeper into Warner’s calendar Q1 results
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Warner Music Group gains approval for IPO on Nasdaq
“We have been approved to list our Class A common stock on Nasdaq.”
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Saudi Arabia to buy Warner Music Group in deal worth around $12.5bn?
Warner Music Group might not be floating on the stock exchange after all. The world’s third biggest music rightsholder, which is 100% owned by Len Blavatnik’s Access Industries, may instead be exploring a private sale. That’s accordin…
Warner streaming revenues hit $586m in calendar Q1, but COVID-19 hurt overall performance
A number of clever people have already hypothesized over whether the COVID-19 pandemic will accelerate the transition of consumers from buying physical media to committing more readily to streaming platforms. There was no conclusive evidence of that tr…
Loss-making Spotify will continue to put growth ahead of profit for ‘next few years’
Daniel Ek: “Eventually we will get to more of a point of maturity where we’ll focus more on profit over growth, but for the next few years it’s going to be predominantly growth for us.”
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