Business

Tips Industries Board To Deliberate Share Buyback Proposal On February
Tips Industries Board To Deliberate Share Buyback Proposal On February...

The company's Board of Directors is slated to convene on February 28, with a primary agenda item being the consideration....

February 24, 2024

Sony Music India Records 11% Increase In Net Profit For
Sony Music India Records 11% Increase In Net Profit For...

The renowned music giant reported a net profit of Rs 227 crore, marking a significant uptick from the Rs 204....

February 23, 2024


Sony Reports Impressive 13% YoY Profit Growth Driven By Surging 
Sony Reports Impressive 13% YoY Profit Growth Driven By Surging ...

The company highlighted growth in recorded and published , merchandise, and licensing revenue.

February 15, 2024

Spotify Strikes A Chord: $9 Billion Payout Resonates Across Music
Spotify Strikes A Chord: $9 Billion Payout Resonates Across Music...

This staggering figure, nearly tripling over the past six years, constitutes a substantial portion of the $48 billion-plus that Spotify....

February 12, 2024

Spotify Discontinues Podcast Feature For Licensed Music Integration
Spotify Discontinues Podcast Feature For Licensed Music Integration

This decision coincides with Spotify's announcement of an expanded partnership with Riverside, integrating the renowned podcast creation service's tools into....

February 10, 2024


Warner Music Plans 10% Staff Reduction To Strengthen Core Business
Warner Music Plans 10% Staff Reduction To Strengthen Core Business

Warner Music currently boasts 5 out of the top 10 songs on the Billboard Hot 100 this week, signaling its....

February 08, 2024

Singing Sensation Guru Randhawa Becomes Brand Ambassador For InfraMantra
Singing Sensation Guru Randhawa Becomes Brand Ambassador For InfraMantra

InfraMantra, a prominent name in real estate services, has proudly announced the addition of renowned singer Guru Randhawa to its....

February 07, 2024

Spotify Achieves 236 Million Premium Users Milestone
Spotify Achieves 236 Million Premium Users Milestone

This achievement comes as part of the December-ending quarter, alongside a 5 per cent rise in total monthly active users....

February 07, 2024

TuneCore Unleashes First-Ever Accelerator Report, India Surges With 16% Quarter
TuneCore Unleashes First-Ever Accelerator Report, India Surges With 16% Quarter...

In the first quarter following TuneCore Accelerator’s launch, nearly 10,000 artists increased their streams by an average of 143% compared....

February 02, 2024


TikTok And Universal Music Fail To Reach Terms In Content
TikTok And Universal Music Fail To Reach Terms In Content...

UMG has been engaged in contract renewal discussions with TikTok, emphasizing the need for fair compensation for artists and songwriters.

January 31, 2024

SymphonyOS Joins Forces With CD Baby, Bringing AI-Powered Marketing Tools
SymphonyOS Joins Forces With CD Baby, Bringing AI-Powered Marketing Tools...

This collaboration seeks to democratize access to advanced marketing resources for emerging musicians who may not have the support of....

January 30, 2024

Music Broadcast Reports Quarterly Financials: Net Sales Rise, Profit Declines
Music Broadcast Reports Quarterly Financials: Net Sales Rise, Profit Declines

The company reported a total net sales figure of Rs. 60.44 crore in December 2023, reflecting a notable increase of....

January 29, 2024

SoundCloud Paves The Way For AI-Created Music With Trio Of
SoundCloud Paves The Way For AI-Created Music With Trio Of...

These collaborations empower artists to directly upload songs created with AI tools to the SoundCloud platform, marking a significant milestone....

January 27, 2024


Warner Music Joins Forces With Giraffe For Major Impact In
Warner Music Joins Forces With Giraffe For Major Impact In...

The collaboration is poised to open up new avenues for WMG in Pakistan's dynamic music industry, leveraging the expertise of....

January 25, 2024

Apple Music To Pay Artists More For Superior Audio Quality
Apple Music To Pay Artists More For Superior Audio Quality

The change, effective from January's month-end royalty payments, means songs in Spatial Audio will now receive a payout rate up....

January 23, 2024