UMG's 2024 Q1 results show that revenue increased nearly 8% year over year to $2.77b, driven by double-digit increases in subscription revenue (12.5%) and streaming revenue (10.3%). Publishing revenue grew 18% year over year in constant currency.
Another record quarter is in the books for Michael Rapino's Live Nation, which posted Q1 revenue of $3.8b, up 21% over 2023. The strong start to 2024 presages another massive year.
Post Malone and Morgan Wallen have joined forces on a new single, "I Had Some Help," out 5/10. Check out the video of their debut performance of the song at Stagecoach.
Live Nation's slate of more than 50 summer events begins in earnest this weekend with USHER’s third edition of Lovers & Friends, also featuring Janet Jackson, Mary J. Blige and Snoop Dogg.
There are 32 new entries on HITS’ Song Revenue Chart—and 31 of them are from Taylor Swift, who pockets nearly $4m. The lone non-TTPD debut is Drake’s “Push Ups” at #15, with $127k. This gives House Lipman the entire Top 15. Future & Metro at #18 and Island’s Sabrina Carpenter at #20 give Republic Corps 26 of the Top 30.
Taylor Swift will repeat at #1 with more than 400k, pushing THE TORTURED POETS DEPARTMENT past 3m in activity to date. Meanwhile, PARTYNEXTDOOR is...
The T.J. Martell Foundation and Big Loud hosted a breakfast in Nashville on Wednesday to announce that Big Loud CEO Seth England will receive the nonprofit’s Lifetime Music Industry Award later this year.
A whole lot of eyeballs are on Gunpowder & Sky's video brand CUT, which is increasingly drawing musicians such as Latto and The Kid LAROI to its...
I am a voter will be merged into HeadCount, amplifying the orgs' efforts to mobilize young voters through tech and proprietary programs.
As part of NEON16's 2024 Miami Grand Prix Big Race Week, Lex Borrero and Tommy Mottola's NTERTAIN have announced the production of a new documentary series on Colombian F1 legend Juan Pablo Montoya.
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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