Warner Music Group enjoyed its best-ever quarter in calendar Q4, with recorded music streaming revenues up 14% YoY – Uptrends

Warner Music Group enjoyed its best-ever quarter in calendar Q4, with recorded music streaming revenues up 14% YoY – Uptrends

  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

Reservoir generated $35.5m in calendar Q4 2023, up 19% YoY – Uptrends

Reservoir generated .5m in calendar Q4 2023, up 19% YoY – Uptrends

  Music rights company Reservoir Media has reported a solid jump in revenue for its fiscal Q3 (calendar Q4) ended December 31, 2023, and raised its outlook for the full year. The New York-headquartered company reported revenue of USD $35.48 million for the quarter ending December 31, 2023, an increase of 14% YoY on an … Read more