Business

Spotify Reports Record Operating Profit In Q3 2024 As Premium
Spotify Reports Record Operating Profit In Q3 2024 As Premium...

This marks a year-on-year increase of 12% for premium subscribers and 11% for free users, bringing Spotify’s total monthly active....

November 14, 2024

Saregama India Reports 6.2% Fall In Q2FY25 Net Profit To
Saregama India Reports 6.2% Fall In Q2FY25 Net Profit To...

For the quarter ending September 30, Saregama reported a revenue surge to Rs 241.83 crore, up from Rs 172.35 crore....

November 06, 2024


Universal Music Group Partners With KLAY Vision To Develop Ethical
Universal Music Group Partners With KLAY Vision To Develop Ethical...

Universal is currently engaged in litigation with Anthropic AI and Suno and Udio over the use of the label's recordings....

October 29, 2024

Music Broadcast Reports Rs 1.99 Crore Net Loss In Q2
Music Broadcast Reports Rs 1.99 Crore Net Loss In Q2...

Sales for Music Broadcast rose by 4.56%, reaching Rs 54.83 crore in the September 2024 quarter, up from Rs 52.44....

October 26, 2024

TIPS Music Reports 32% Revenue Surge In Q2FY25,Boosts Song Releases
TIPS Music Reports 32% Revenue Surge In Q2FY25,Boosts Song Releases...

Net profit for the quarter rose by 21%, reaching Rs 48.2 crore. In the first half of FY25, revenue stood....

October 16, 2024


TuneCore Releases Second Accelerator Report Showcasing Streaming & Revenue Growth
TuneCore Releases Second Accelerator Report Showcasing Streaming & Revenue Growth...

In the first half of 2024, tracks within TuneCore Accelerator gained over 3 billion track discoveries and experienced nearly 10....

October 07, 2024

SuperSinger Plus Rajasthan Partners With Tips Music For A Melody-Filled
SuperSinger Plus Rajasthan Partners With Tips Music For A Melody-Filled...

This collaboration will see the contestants of SuperSinger Plus Rajasthan perform iconic songs from the vast TIPS Music library during....

October 05, 2024

Arré Studio Teams Up With O4 Media And MBC Korea
Arré Studio Teams Up With O4 Media And MBC Korea...

The Masked Singer has taken audiences by storm since its inception in South Korea, captivating viewers in over 50 countries,....

September 27, 2024

UMG Predicts Profit Boost, Driven By Superfans And Star Artists
UMG Predicts Profit Boost, Driven By Superfans And Star Artists...

This forecast surpasses the consensus outlook of 6.1% annual revenue growth and 8.8% annual adjusted EBITDA growth, as noted by....

September 18, 2024


Indian Icons Sidhu Moose Wala And Badshah Enter Spotify’s Global
Indian Icons Sidhu Moose Wala And Badshah Enter Spotify’s Global...

His inclusion in the top 5 alongside international music icons is a testament to his immense talent and dedicated fanbase....

September 16, 2024

Radio City And Beatchain Launch "Muzartdisco" To Transform Indie Music
Radio City And Beatchain Launch "Muzartdisco" To Transform Indie Music...

Debuting at All About Music, ‘Muzartdisco’ Encourages Artists with Innovative Tools and a Worldwide Reach.

August 07, 2024

Saregama Reports 9% YoY Growth In Q1 FY25 Financial Results
Saregama Reports 9% YoY Growth In Q1 FY25 Financial Results

The company reported an adjusted EBITDA of Rs.680 million in Q1FY25, up 9% from Rs.623 million in Q1FY24. The profit....

August 03, 2024

Spotify Report Highlights Global Success Of Indian Music And Local
Spotify Report Highlights Global Success Of Indian Music And Local...

This is a significant shift from five years ago, when international music dominated streaming. Now, local music accounts for over....

August 02, 2024


TIPS Industries Achieves 40% Revenue Growth, 61% PAT Surge In
TIPS Industries Achieves 40% Revenue Growth, 61% PAT Surge In...

The company launched a total of 97 new songs, including 18 new film songs and 79 non-film songs. Notable album....

July 25, 2024

UMGB And Coca-Cola Extend Partnership, Unveil New Tracks From Karol
UMGB And Coca-Cola Extend Partnership, Unveil New Tracks From Karol...

This collaboration brings fresh and exciting content to music lovers worldwide, including brand new tracks from the acclaimed artists Karol....

July 03, 2024