Warner Music Group has published its financial results for the final three months of calendar 2023. According to the company’s fiscal Q1 (calendar Q4) results for the three months ending December 31, 2023, WMG saw its quarterly global revenues reach USD $1.748 billion. A bit of housekeeping before we dig into the numbers: WMG noted that … Read more
Forget that sideshow in Vegas. For millions of people, today’s must-see game is the Puppy Bowl. Celebrating its 20th anniversary this year, the Super Bowl-adjacent annual spectacle will once again see Team Ruff and Team Fluff face off for the Lombarky trophy. More than just alternative programming and a chance for viewers to collectively smile … Read more
You can listen to the latest MBW podcast above, or on Apple Podcasts, Google Podcasts, Spotify, Stitcher, iHeart etc. via this link. Welcome to the latest Music Business Worldwide Podcast. The MBW Podcast is supported by Voly Music. On this podcast, MBW founder Tim Ingham is joined by Mark Davyd, founder and CEO of the … Read more
Disney World is swell and those rings are the height of athletic bling, but for NFL athletes, the Super Bowl is also about a nice pay bonus. Sure, the glory is the big draw and having the Vince Lombardi Trophy greet you every day when you come in next season is nearly as nice. But … Read more
Winning the Super Bowl brings more than a trip to Disney World and a nice financial bonus, it also gives players access to some of the best bling on the planet. A Super Bowl ring, in some ways, carries more prestige than the Lombardi trophy. It’s certainly more permanent, as players don’t have to return … Read more
“If there are no trade barriers established, they will pretty much demolish most other car companies in the world,” Tesla CEO Elon Musk told investors last month. “They’re extremely good.” Tesla was recently overtaken by China’s BYD—backed by Warren Buffett’s Berkshire Hathaway—in global sales of electric vehicles. Some of the nicer electric vehicles made in … Read more
Imran Khan’s supporters demonstrated in key cities across Pakistan as two rival parties held talks to form a government even though Khan loyalists won the most seats in Thursday’s polls. Supporters of Khan’s Pakistan Tehreek-e-Insaf party staged protests in the cities of Islamabad, Lahore and Peshawar. The crowds numbered in the hundreds due to the heavy … Read more
Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our headlines over the past seven days. MBW’s round-up is supported by Centtrip, which helps over 500 of the world’s best-selling artists maximize their income and reduce their touring costs. This week saw Warner Music Group report record-high … Read more
Imran Khan was jailed and silenced. His colleagues were barred from contesting Pakistan’s election under their party’s name. They weren’t even allowed to use its famous cricket bat symbol. Yet the candidates who are part of Khan’s Pakistan Tehreek-e-Insaf party — running as independents — put forth a strong showing in the contentious poll. Independents, … Read more
Javier Milei was in the middle of his first television interview as Argentina’s president-elect when an adviser abruptly handed him a mobile phone. The cameras stopped rolling. Pope Francis was on the line. The world’s two most powerful Argentines had traded barbs throughout the election that Milei won in a landslide last November. The foul-mouthed … Read more