Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Tag: 1bn
Private Equity’s thirst for the live business continues, as Providence strikes $1bn+ deal for event logistics firm that worked on Taylor Swift tour
Private Equity giant Providence has acquired a controlling stake in New York-headquartered Global Critical Logistics. News of GCL’s acquisition will…
UK artists generated more than $1bn on Spotify in 2024, up 8% from a year earlier
The UK’s share of the global music market may be shrinking as music globalizes in the age of streaming, but…
Tencent Music’s ‘Super VIP’ tier drives quarterly revenues to $1bn mark as income from streaming subscriptions jumps 16.6%
Tencent Music Entertainment (TME), the largest operator of music streaming services in China, has seen its quarterly revenue pass the…
Spotify Q1 2025 earnings call: Daniel Ek talks growth, pricing, superfan products and a future where SPOT could have 1bn subscribers
Spotify delivered another quarter of operating profit and subscriber expansion in Q1, even as broader economic turbulence continues to create…
Revolut profits surge above £1bn on crypto trading boom
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Per Sundin on Pophouse’s $1bn+ ambitions in music rights: ‘We don’t buy catalogs to put them on a shelf.’
MBW’s World Leaders is a regular series in which we turn the spotlight toward some of the most influential industry…
BMG surpassed $1bn revenue in 2024 and spent $263m buying catalogs – as EBITDA surged to record $287m
BMG generated EUR €963 million (USD $1.04bn) in annual revenues in 2024, up 6.4% YoY or up 8.1% YoY on…
Elon Musk’s X raises $1bn in new equity fundraising round
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Believe generated over $1bn in 2024, as company’s annual revenues grow 11.5% YoY
Paris-headquartered music company Believe has published its financial results for FY 2024 (the 12 months ending December 31). According to Believe’s…