Young Canadians Flee Big Cities for Affordability
Young Canadians are migrating from expensive cities like Toronto to affordable regions due to housing costs reaching 10x median income. COVID-19 remote work trends and...
Tag : COVID-19 Impact
Warner Music Group Streaming Revenue Record Earnings
Warner Music Group reported record Q1 2020 earnings with 17% digital revenue growth despite COVID-19 impacts. Streaming success offset losses in concerts and physical sales....
UK Musicians Call for Government Support
UK music industry leaders urge government for urgent sector-specific funding as 34% of musicians may quit due to COVID-19 hardship and lack of support....
Pollstar and VenuesNow Release 2020 Industry Survey Results
Pollstar's 2020 industry survey of 1,350 live music professionals reveals 54.8% believe venues will return to full capacity in 2021, despite 72% expressing concern about...
BMI Reports Record Revenue and Royalty Distributions
BMI reports historic $1.311 billion revenue and $1.233 billion in royalty distributions despite COVID-19 impact. Digital revenue reached 32% of domestic total....
iHeartMedia, Inc. Reports Results for 2020 First Quarter
iHeartMedia reports Q1 2020 results showing revenue decline due to COVID-19 pandemic, while digital and podcasting segments grew 22% and 80% respectively....
Cumulus Media Reports Strong Q1 Results During COVID-19
Cumulus Media reports strong Q1 2020 results despite COVID-19 challenges, with $60M cost reductions and digital growth of 30% as the radio giant adapts....
