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What's Going On With Tencent Music Stock Today?
Tuesday, June 10, 2025 - 12:23pm | 422Tencent Music Entertainment Group – ADR (NYSE:TME) shares are trading lower on Tuesday. In an SEC filing, the company revealed a major strategic move: the planned acquisition of Ximalaya Inc., a prominent online audio platform in China. This step signals Tencent Music's intent to expand...
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Spotify Early Winner From Taylor Swift Buying Back Old Albums: A 'Love Story' For Fans, Streaming Company
Wednesday, June 4, 2025 - 6:35pm | 611Musician Taylor Swift celebrated a recent win with buying back her old albums previously owned outside of her control. With the new ownership, streams of old Swift songs have soared, helping boost traffic for Spotify Technology (NYSE:SPOT). What Happened: Swift fans are celebrating the news that...
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Rock Band Criticizes White House For Using Its Song In Deportation Video: 'Missed The Point Entirely'
Tuesday, March 18, 2025 - 1:00pm | 741A 1990s rock band is the latest to criticize the White House and President Donald Trump for using one of its songs without permission, which was a common occurrence during the 2024 presidential election cycle. What Happened: Rock band Semisonic, known best for their hit song "Closing Time" joins...
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Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
Friday, March 14, 2025 - 10:20am | 692Hedge funder Bill Ackman announced the sale of a portion of Pershing Square's (OTC:PSHZF) stake in Universal Music Group (OTC:UNVGY) (OTC:UMGNF) Thursday, continuing his recent financial moves betting on future investments. What Happened: Ackman, who recently showed he trimmed his stake in Chipotle...
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2024 Was World's Taylor Swift Era Once Again: Spotify Reveals Top Artists, Songs, Albums, Podcasts
Wednesday, December 4, 2024 - 4:11pm | 1161Spotify Technology SA (NYSE:SPOT) released its annual list of the most listened-to songs, albums, artists and podcasts and just like last year it's Taylor Swift's world and we're all just living in it. What Happened: For a second straight year, Taylor Swift sits atop the Spotify Wrapped list of the...
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Streaming, Vinyl Propel Music Copyright Value To $45.5 Billion
Monday, November 25, 2024 - 4:56pm | 702The value of global music copyright surged to $45.5 billion in 2023, marking an 11% increase from the previous year. This reflects the growing economic strength of music rights, which were valued at $25 billion in 2014. If current trends continue, music copyright could double in value over a decade...
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Spotify Stock Climbs Despite Q3 EPS Miss, Revenue Beat (CORRECTED)
Tuesday, November 12, 2024 - 6:22pm | 296Editor’s Note: Quarterly earnings and revenue were corrected and updated. Spotify Technology S.A. (NYSE:SPOT) reported its third-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter. The Details: Spotify reported quarterly earnings of $1.59 per...
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Spotify Stock Climbs Despite Q3 EPS, Revenue Misses
Tuesday, November 12, 2024 - 5:38pm | 282Spotify Technology S.A. (NYSE:SPOT) reported its third-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter. The Details: Spotify reported quarterly earnings of $1.46 per share, which missed the analyst consensus estimate of $1.76. The company reported...
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Apple Music Launched A $450 Limited-Edition Coffee Table Book: '100 Best Albums'
Tuesday, November 12, 2024 - 3:15pm | 554Apple Inc (NASDAQ:AAPL) launched a high-end version of its “100 Best Albums” list — with a hefty price tag. The 208-page coffee table book costs $450. Apple Music produced it in collaboration with luxury print company Assouline. It is now available for preorder, with estimated shipping...
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Willie Nelson On Cannabis Reform, Kamala Harris, New Album, Cooking With Weed
Wednesday, October 30, 2024 - 3:05pm | 584Iconic singer and songwriter Willie Nelson, who is 91 years old, remains as passionate as ever as he speaks out against outdated marijuana laws and voices support for Kamala Harris , who he says will be good for most needed federal cannabis reform. "There are so many good people in prison right...
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Oasis Cancels 50,000 Tickets To Combat Scalping
Tuesday, October 29, 2024 - 4:37pm | 698Oasis promoters, Live Nation Entertainment Inc (NYSE:LYV) and SJM, are gearing up to cancel over 50,000 tickets for the band's much-anticipated UK reunion tour, a decision aimed at combating ticket scalping. Reclaiming Tickets For Fans In an announcement made to the BBC, the promoters confirmed...
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Lali Espósito, The 'Argentinian Taylor Swift,' Released A Diss Track Against President Javier Milei
Wednesday, October 2, 2024 - 3:40pm | 1117Lali Espósito, often likened to Argentina's Taylor Swift, has sparked conversation once again with her latest release, “Fanático,” a pop-rock anthem packed with pointed references. Similar to Swift’s public disagreements with Donald Trump, Espósito channels her ongoing feud with...
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Spotify's AI Playlist Now Available In US, Other Countries: Here's How It Works
Tuesday, September 24, 2024 - 12:26pm | 329Spotify Technology SA (NYSE:SPOT) expanded its AI Playlist feature to new regions, giving Premium subscribers in the U.S., Canada, Ireland and New Zealand access to a text-based playlist creation tool. Launched in the U.K. and Australia earlier this year, the beta feature is now available to more...
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Grand Theft Auto 6 Licensing Dispute: Martyn Ware Slams Rockstar's 'Extremely Low' $7,500 Offer
Monday, September 9, 2024 - 1:54pm | 433Martyn Ware, co-founder of the synth-pop band Heaven 17, has publicly rejected an offer from Take-Two Interactive Software Inc‘s (NASDAQ:TTWO) Rockstar Games to license the group's hit song “Temptation” in the upcoming Grand Theft Auto 6 (GTA 6). Ware voiced his frustrations on...
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Barry Manilow Sues Blackstone-Backed Song Catalog Company That Owns Music Rights To Justin Bieber, Ed Sheeran, Journey And More
Wednesday, September 4, 2024 - 12:35pm | 723Singer Barry Manilow is known for many hit songs including "Looks Like We Made It." Manilow could soon be saying "looks like we made it" to the point of a lawsuit as he takes on song catalog company Hipgnosis Songs Fund. What Happened: Hipgnosis Songs Fund is one of several song catalog companies...