Beggars Group revenues hit $83m in 2019, as XL Recordings generated over $50m

“Whilst we are expecting a slowdown in certain channels [from COVID-19] – for example physical sales, synchronisation, and performance income – we expect streaming to be least affected.”
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Warner streaming revenue jumped 11% in calendar Q2, but COVID-19 took its toll on major’s results

Like its major music company rivals, Warner Music Group didn’t have an easy time of things during the COVID-hit calendar Q2 period.
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Stat Of The Week: COVID-19 is hurting Universal Music Group’s revenues – but also proving its profitability

Why a quieter release slate at UMG – temporarily – might end up pleasing Tencent and its consortium
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