Browsing Tag
music revenue
20 posts
IMI proposes refined definition of “Broadcast” in response to National Broadcasting Policy
The Indian Music Industry (IMI) has proposed a refined definition of “broadcast” to the National Broadcasting Policy, advocating…
EY Survey shows only 60% of music creators sustain full-time careers
EY, a prominent professional services firm, recently released a groundbreaking report on India’s music publishing industry titled “The…
Spotify reports first profitable quarter in two years, driven by global growth & pricing strategy
Spotify, the audio streaming service, has reached a significant financial milestone, posting an operating profit of €32 million…
TIPS Industries records highest quarterly revenue
TIPS Industries Limited (Tips Music), one of India’s leading music labels dedicated to creating and monetizing music, recently…
Global music industry revenues expected to soar by 51% by 2030, says MIDiA Research
In a recent blog post, Mark Mulligan, CEO of MIDiA Research, emphasized the uncertainty of predicting the future…
CISAC urges fairness in streaming compensation for creators
The International Confederation of Societies of Authors and Composers (CISAC) has recently released its annual report for 2023,…
Warner Music Group records higher revenues despite net income dip in Q2
Warner Music Group, the renowned music powerhouse housing industry giants such as Ed Sheeran, Cardi B, Daft Punk…
SoundCloud partners with independent music agency Merlin for global Fan-Powered Royalties deal
SoundCloud has announced a new partnership with Merlin, a digital music licensing agency for independent labels, on a…
Universal Music Group reported revenue of nearly $11 billion in 2022
Universal Music Group (UMG), the major label group, has reported its Q4 and full-year results, revealing an impressive…
India’s informal music industry has a market share of Rs 1 to 5 trillion
The potential of India’s informal music industry ranges between Rs 1,398 to Rs 5,620 billion comprising brass bands,…