Revenue in the quarter rose 15.9% to $1.24 billion, and adjusted earnings per share improved from $0.21 to $0.23, which matched estimates. Revenue from music subscriptions was up 13% to $653 million, ...

The Downtown acquisition broadens Universal Music's growth story, expanding reach to over 5,000 business clients and 4 ...

Tencent Music Entertainment Group – ADR (NYSE:TME) shares are trading lower on Tuesday. In an SEC filing, the company revealed a major strategic move: the planned acquisition of Ximalaya Inc., a ...

The China-based company released its second-quarter earnings to a grateful market. It rewarded the music purveyor with a nearly 12% increase in share price. In its second quarter, Tencent Music ...

Warner Music Group faces structural headwinds as streaming growth slows and the cultural relevance of new music declines. See ...

The fallout from a weaker-than-expected earnings report published by Tencent Music Entertainment (NYSE: TME) continued on Wednesday. For the second day in a row, the China-based company was hit with ...

Warner Music Group saw its stock rise as much as 6% on Wednesday morning after reporting strong growth in streaming and publishing despite dips in sales of merch and physical product. Net profit for ...

Streaming is still growing rapidly and accounts for almost half of global music revenue. Spotify controls roughly 32% of the streaming market. After cutting costs and raising revenue, this may be the ...