BTS Is Basically a Cash Machine — Big Hit Annual Revenues Hitting $500 Million

BTS label/management group Big Hit Entertainment just doubled its earnings and substantially increased its 2019 profits. Big Hit Entertainment, the company behind BTS, earned nearly $500 million in 2019, according to a recently delivered corporate brie… Continue Reading

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Spotify Reaches 124 Million Premium Subscribers — But Quarterly Losses Top $85 Million

Spotify closed 2019 with 124 million premium subscribers—a 29 percent increase from 2018’s year-end figure—but this user influx wasn’t enough to prevent the company from sustaining heavy overall losses.  Spotify’s earnings report also indicated that th… Continue Reading

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Pandora Is Losing Subscribers – 88,000 Left the Service Last Quarter

SiriusXM revealed some new information about its subscribers’ growth rate for its satellite service and Pandora. SiriusXM added 355,000 satellite radio subscribers during Q4 2019. That breakdown includes 341,000 self-pay customers and 14,000 prom… Continue Reading

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