SUBSCRIBE FOR FULL CONTENT ACCESS: VIEW OFFERS
Connect with us

Digital Economy

Netflix added five million subscribers in Q3 2024 to a global total of 282.7 million

Published

on

Netflix had a total of 282.7 million paid subscribers, as of September 30, 2024, after adding five million new subscribers during the third quarter of 2024. During the same period, revenue grew 15% year-over-year to $9.8 billion, while net income in the quarter reached $2.3bn.
For the full year 2024, Netflix is now expecting revenue growth of 15% to approx. $38.9bn, and operating margin of 27% (vs 26% previously). "We’re pleased that we’ve reaccelerated our growth and, as we head into 2025, we ...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Emmanuel is a Washington, DC-based freelance journalist, blogger and media consultant, specialising in the entertainment business and cultural trends. He was the US editor for British music industry trade publication Music Week. Previously, he was the editor of Impact, a magazine for the music publishing community (2007-2009), the global editor of US trade publication Billboard (2003-2006), and the editor in chief of Billboard’s sister publication Music & Media (1997-2003).

Digital Economy

Audible Magic’s Will Hughes appointed Chief Revenue Officer at SoundPatrol

Published

on

Will Hughes has joined SoundPatrol as Chief Revenue Officer. Prior to SoundPatrol, Hughes worked for over six years at data company Audible Magic, most recently as VP Account Management & Customer Success. Before that he was Senior Client Partner at Songtradr.
SoundPatrol is the research lab for large music models launched by former CAA co-Fonder and Chairman Michael Ovitz. At SoundPatrol, Hughes will lead "commercial strategy and help shape the product roadmap with industry partners as we s...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Data

Sonovy joins WIN Supporters programme

Published

on

Global music technology company Sonovy has joined the WIN Supporters programme, launched by independent labels' global organisation WIN. The scheme is open to those who want to "support WIN’s work, champion the global independent music sector, and engage with its entrepreneurs in a sustainable and mutually beneficial way."
Sonovy provides professional music distribution, rights management, and royalty reporting solutions for independent artists and labels. “Sonovy’s vision is to strengthen the g...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Creative Industries

Warner Music Group settles with Suno and signs licensing partnership

Published

on

Warner Music Group has settled its copyright infringement suit against Suno, and announced a new partnership with the music AI company that will "open new frontiers in music creation, interaction, and discovery, while both compensating and protecting artists, songwriters, and the wider creative community."
WMG said the deal "brings together Suno's best-in-class AI capabilities with WMG's artist development leadership and expertise at the intersection of music and technology." The deal appears to...

A paid subscription is required to read more.
Log in below, or UPGRADE / SUBSCRIBE.

Continue Reading

Trending