Company’s revenues have grown more than 60% since 2015
The post BMG revenues climbed 10% to $674m in 2019… with a 23% profit margin appeared first on Music Business Worldwide.
Author archives: Tim Ingham
Confirmed: Music streaming WAS down last week amid Coronavirus quarantine… but not on YouTube
MBW takes a look at streaming across the globe, the US, Italy and the UK
The post Confirmed: Music streaming WAS down last week amid Coronavirus quarantine… but not on YouTube appeared first on Music Business Worldwide.
Confirmed: Music streaming WAS down last week amid Coronavirus quarantine… but not on YouTube
MBW takes a look at streaming across the globe, the US, Italy and the UK
The post Confirmed: Music streaming WAS down last week amid Coronavirus quarantine… but not on YouTube appeared first on Music Business Worldwide.
Emergency Coronavirus fund for songwriters worth up to $43m launched by GEMA in Germany
The €40m aid fund will be provided by GEMA in a two-stage program, PRO confirms
The post Emergency Coronavirus fund for songwriters worth up to $43m launched by GEMA in Germany appeared first on Music Business Worldwide.
The Weeknd enjoys major debut on Spotify with new album, racking up over 59m chart streams in a day
Drake’s Scorpion remains the record-holder for day one global streams with more than 132m
The post The Weeknd enjoys major debut on Spotify with new album, racking up over 59m chart streams in a day appeared first on Music Business Worldwide.
Paradigm set to lay off over 100 staff – more than a seventh of its workforce – as Coronavirus live music lockdown hurts agencies
Paradigm CEO Sam Gores hopes redundancies will be “temporary”
The post Paradigm set to lay off over 100 staff – more than a seventh of its workforce – as Coronavirus live music lockdown hurts agencies appeared first on Music Business Worldwide.
Songtradr sacrifices fees, giving 100% of sync money to artists, for a full month, in response to COVID-19 woes
“Artists have supported us through our journey. Now it’s time for us to step up and support them in a big way.”
The post Songtradr sacrifices fees, giving 100% of sync money to artists, for a full month, in response to COVID-19 woes appeared first on M…
SoundCloud slashes SoundCloud Pro Unlimited price, partners with Twitch to help creators during Coronavirus live show shutdown
“We are all facing an unprecedented situation.”
The post SoundCloud slashes SoundCloud Pro Unlimited price, partners with Twitch to help creators during Coronavirus live show shutdown appeared first on Music Business Worldwide.
Confirmed: The Weeknd’s After Hours surpassed a million pre-adds on Apple Music ahead of release
“Let the music heal us during these dark times.”
The post Confirmed: The Weeknd’s After Hours surpassed a million pre-adds on Apple Music ahead of release appeared first on Music Business Worldwide.
The Weeknd smashes Apple Music record, heading towards 1m global pre-adds of new album
After Hours already has 975,000 pre-adds – Apple’s digital equivalent of traditional pre-orders
The post The Weeknd smashes Apple Music record, heading towards 1m global pre-adds of new album appeared first on Music Business Worldwide.