Sony Music’s recorded music revenues decreased by 12.4% year-on-year to 98.086 billion yen (£709m) in the company’s fiscal Q1 as a result of the Covid-19 pandemic.
During the period ending ...
Music retail has been back for a fortnight and the effect on physical sales is clear to see.
After a vinyl sales surge last week when stores returned to the ...
Finally, here’s some good news for physical music sales.
According to the latest Official Charts Company data, sales for the past week were back to pre-Covid 19 levels.
The Entertainment Retailers Association has reported a positive start for music retail after stores reopened on June 15. It follows almost three months when shops were shuttered during lockdown. ...
HMV is set to reopen 93 stores, following the easing of retail restrictions by the government.
Music Week has learned that the retailer plans to open its entire store base ...
IFPI has issued its annual Global Music Report for 2019, though without the usual high-profile event announcement with execs in London discussing the growing streaming market.
While this year’s launch ...
A week ago, the prospect of physical album sales dipping below 10% of the market during the Covid-19 lockdown was a real possibility.
But that’s been held off – for ...
Universal Music Group has issued strong Q1 figures, though they only tell part of the story of the Covid-19 impact which took hold this month in many parts of ...
Universal Music Group has reported a year-on-year revenue increase of 12.7% to €1.769 billion (£1.542bn) in Q1.
Recorded music revenues increase by 13.1% year-on-year to €1.432bn (£1.248bn). The increase was ...
UK streaming consumption has returned to growth, according to Official Charts Company data.
It follows a dip in audio streams after a fortnight of Covid-19 lockdown. For the chart week ...
