Stingray has signed a definitive agreement to acquire TuneIn for up to $175 million. The Montreal-based media and technology company will pay $150 million at closing, with an additional $25 million contingent on performance milestones to be evaluated 12 months…
Sony delivered another quarter that reinforces its diversified, high-yield model. While Pictures revenue dipped 2% due to a lighter release slate, the company leaned into anime and music, with Demon Slayer and the Aniplex unit driving substantial growth across segments.…
Spotify beat Q3 2025 expectations with revenue up 7% to €4.27 billion and net income of €899 million, reversing a loss from the prior year. The company added 5 million Premium subscribers for a total of 281 million, and monthly…
Sony skipped the streaming arms race and focused on IP yield through licensing, gaming, anime, and music. As the industry shifts from exclusivity to monetization across platforms, Sony’s strategy now looks like the smarter long play.
Spotify has struck a new video podcasting deal with Samsung TV Plus to launch a FAST channel dedicated to content from The Ringer. This non-exclusive partnership creates a 24/7 channel featuring popular shows like The Rewatchables and The Ringer-verse, expanding…
Spotify is finally launching lossless audio streaming for premium subscribers, offering FLAC-quality (up to 24-bit/44.1 kHz) in over 50 countries. The long-delayed feature, previously teased as "Hi-Fi," requires users to manually enable it per device and is best experienced over…
Live Nation reported strong Q2 2025 gains, with revenue up 16% year-over-year to $7B and adjusted operating income rising 11% to $798.4M. The company sold over 130M concert tickets—up 6% from last year—driven by major global tours and strong international…
Universal Music Group reported modest Q2 growth but delivered stronger results for the first half of 2025, with total revenue up 6.4% year-over-year, driven by gains in recorded music and publishing. Music publishing saw the biggest lift, up 11.6% year-over-year,…
Warner Music Group is cutting approximately $300 million in costs, including $170 million via layoffs, as part of a restructuring plan aimed at "future-proofing" the company and boosting investment in music. CEO Robert Kyncl emphasized a renewed focus on A&R…
Warner Music Group and Bain Capital have launched a joint venture to invest up to $1.2 billion in acquiring music catalogs spanning both recorded music and publishing. WMG will lead marketing, distribution, and administration, while both firms share equity and…
