Swedish audiobook company Storytel reported results for the third quarter ended September 30, with sales up 6 percent to SEK1.013 billion ($106.5 million). Operating profit grew 74 percent to SEK152 million with adjusted EBITDA up 44 percent to SEK232 million. “Record high profitability, solid customer intake, and robust cash flow generation. Our performance reinforces our confidence in achieving our mid-term targets, while we raise our guidance for 2025”, ceo Bodil Eriksson Torp said in ...| Publishers Lunch
PAMT breached a debt covenant in Q2 2025, highlighting mounting losses, rising debt from equipment purchases, and continued struggles to meet revenue goals as lenders grant temporary waivers.| FreightCaviar
2025 Q2 earnings for music companies are recapped. See what Spotify, UMG, SiriusXM and other major companies reported for the second quarter.| Billboard
HYBE's earnings in Q2 2025 showed that tours by BTS' j-hope and Jin helped revenue rise 10% year-over-year, while merchandise sales surged.| Billboard
UMG and other music company stocks are down in 2024, but why? They're running into Wall Street's high expectations and fallen short on some metrics.| Billboard
Warner Music Q3 earnings call highlights include streaming growth, Charli XCX, the executive restructuring and streaming's catalog halo effect.| Billboard