MBW’s World Leaders is a regular series in which we turn the spotlight toward some of the most influential industry…
Tag: 1bn
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…
Universal spent $1bn+ on investments in 2024 and 5 other things we learned on UMG’s latest earnings call
Universal Music Group published its Q4 and FY 2024 results on Thursday (March 6), posting overall revenues in FY 2024 (across…
Blackstone chief Stephen Schwarzman’s income eclipsed $1bn last year
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Kobalt estimates $1bn+ in publishing royalties go uncollected each year. Its new platform, KOSIGN, helps indie songwriters collect their share.
Kobalt says it represents, on average, over 35% of the top 100 songs and albums in the US and the…