{"id":134363,"date":"2025-02-13T09:09:29","date_gmt":"2025-02-13T14:09:29","guid":{"rendered":"https:\/\/www.cyberlego.com\/web\/2025\/02\/13\/sony-music-posts-14-jump-in-revenue-from-streaming-subscriptions-big-releases\/"},"modified":"2025-02-13T09:09:29","modified_gmt":"2025-02-13T14:09:29","slug":"sony-music-posts-14-jump-in-revenue-from-streaming-subscriptions-big-releases","status":"publish","type":"post","link":"https:\/\/www.cyberlego.com\/web\/2025\/02\/13\/sony-music-posts-14-jump-in-revenue-from-streaming-subscriptions-big-releases\/","title":{"rendered":"Sony Music Posts 14% Jump in Revenue From Streaming Subscriptions, Big\u00a0Releases"},"content":{"rendered":"

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\n\tSony Music reported 14% revenue growth in the quarter ending last year \u2014 or total revenue of 482 billion yen ($2.72 billion) \u2014 bolstered by big releases from ATEEZ and Tyler, the Creator and subscription streaming growth across recorded and music publishing divisions, its parent company Sony Group Corp., reported Thursday (Feb. 13).<\/p>\n

\n\tSony Music\u2019s operating income grew 28% to 97 billion yen ($630 million) from a year ago for the company\u2019s third fiscal quarter ending Dec. 31. Adjusted operating income before depreciation and amortization (OIBDA), which strips out company spending on certain assets like equipment, rose 23% to 121 billion yen ($786 million).<\/p>\n

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\t\t\t\t\t\t\"Robert<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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\t\t\t\t\tWarner Music Group\u2019s Q1 Earnings Show a Label in Transition: What You Need to\u00a0Know\t\t<\/p>\n<\/h3><\/div>\n

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\n\tThe second-largest major music company said its \u201crobust margins\u201d of 25% for adjusted OIBDA benefitted from a \u201cone-time item in recorded music related to revenue recognition\u201d from a digital service provider (DSP). Sony declined to comment further on the nature of the one-time item but said that segment income for the quarter increased excluding the one-time item.<\/p>\n

\n\tSony Music \u2014 comprising Sony Music Entertainment, Sony Music Entertainment Japan and Sony Music Publishing \u2014 reported total revenue for its recorded music segment rose 10% to 315 billion yen ($2.05 billion), driven by a 12% increase in recorded streaming revenue in yen or a 9% increase in streaming income on a U.S. dollar basis.<\/p>\n

\n\tOther revenue within recorded music \u2014 which includes merchandise, synch licensing and revenue from assets related to live entertainment industry outside of the U.S. \u2014 rose 16% to 69 billion yen ($448 million). Physical revenue declined by 4% to 30 billion yen ($195 million).<\/p>\n

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\t\t\t\t\tSpotify Adds Highest-Ever 35 Million Monthly Users In Fourth\u00a0Quarter\t\t<\/p>\n<\/h3><\/div>\n

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\n\tSony Music\u2019s publishing division reported quarterly revenue was up 11% to 95 billion yen, or up 8% to $626 million thanks to an 8% increase (in U.S. dollars) in publishing streaming income in the quarter.<\/p>\n

\n\tSony Music\u2019s other revenue \u2014 a category which includes the visual media platform (VMP) business of Sony Music Entertainment Japan\u2019s games business \u2014 rose 47% to 66 billion yen ($428 million) for the quarter. The profit contribution from the VMP portion of the larger Sony Music segment is 10%.<\/p>\n

\n\tSony Music raised its forecast for full-year sales from the previous quarter to 1.79 trillion yen (approximately $11.63 billion) \u2014 up from a full year forecast of 1.74 trillion yen (approximately $11.4 billion) in projected sales given last November \u2014 and projected operating income to 340 billion yen ($2.21 billion) from 330 billion yen mainly due to positive impacts from foreign exchange rates.<\/p>\n<\/div>\n<\/div>\n

Aller \u00e0 la source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Sony Music reported 14% revenue growth in the quarter ending last year \u2014 or total revenue of 482 billion yen ($2.72 billion) \u2014 bolstered by big releases from ATEEZ and Tyler, the Creator and subscription streaming growth across recorded and music publishing divisions, its parent company Sony Group Corp., reported Thursday (Feb. 13). Sony Music\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-134363","post","type-post","status-publish","format-standard","hentry","category-musique","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/134363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/comments?post=134363"}],"version-history":[{"count":0,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/134363\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/media?parent=134363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/categories?post=134363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/tags?post=134363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}