{"id":176793,"date":"2025-08-04T15:11:34","date_gmt":"2025-08-04T19:11:34","guid":{"rendered":"https:\/\/www.cyberlego.com\/web\/2025\/08\/04\/2025-q2-earnings-heres-what-every-music-company-made-2\/"},"modified":"2025-08-04T15:11:34","modified_gmt":"2025-08-04T19:11:34","slug":"2025-q2-earnings-heres-what-every-music-company-made-2","status":"publish","type":"post","link":"https:\/\/www.cyberlego.com\/web\/2025\/08\/04\/2025-q2-earnings-heres-what-every-music-company-made-2\/","title":{"rendered":"2025 Q2 Earnings: Here\u2019s What Every Music Company\u00a0Made"},"content":{"rendered":"<p><!-- no image --><\/p>\n<div><!-- do not apply CSS styles to this element! --><\/p>\n<div class=\"pmc-paywall\">\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe only sure thing in this earnings season is unpredictability. While the global economy remains resilient in the face of U.S. tariffs, and U.S. gross domestic product <a rel=\"nofollow\" href=\"https:\/\/www.npr.org\/2025\/07\/30\/nx-s1-5484219\/economy-gdp-tariffs-growth\" target=\"_blank\">grew 3% in Q2<\/a>, stocks took a hit from a <a rel=\"nofollow\" href=\"https:\/\/www.cnbc.com\/2025\/08\/01\/jobs-report-july-2025.html\" target=\"_blank\">weak U.S. jobs report<\/a> on Aug. 1, and some experts believe a constant drip, drip, drip of negative developments will cause <a rel=\"nofollow\" href=\"https:\/\/finance.yahoo.com\/news\/u-economy-experiencing-death-thousand-104325496.html\" target=\"_blank\">\u201cdeath by a thousand cuts.\u201d<\/a><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tMusic companies\u2019 early results also offered mixed signals. Spotify, the first music company out of the gate on July 29, posted solid year-over-year growth but disappointed investors with weaker-than-expected guidance for the third quarter. Spotify shares dipped 11.6% as a result. Two days later, Universal Music Group (UMG) posted 4.5% revenue growth and 8.5% subscription growth. But investors were hesitant \u2014 was it a lack of margin improvement or concerns about cash flow? \u2014 and UMG\u2019s share price dipped 5.2% the following day.<\/p>\n<div class=\"injected-related-story \/\/ lrv-u-display-inline-block lrv-u-width-100p lrv-u-margin-tb-2 u-border-tb-1 u-border-tb-1@desktop-max lrv-u-padding-t-075 lrv-u-padding-b-150 u-padding-t-8@mobile-max lrv-u-padding-b-125@mobile-max lrv-u-border-color-black\">\n<div class=\"\">\n<h3 id=\"title-of-a-story\" class=\"c-title  lrv-a-unstyle-link lrv-u-whitespace-nowrap lrv-u-display-inline-block a-font-accent-fancy-s lrv-u-color-black lrv-u-text-transform-uppercase u-article-badge-underline u-display-inline-flex lrv-u-margin-b-1@mobile-max lrv-u-margin-b-050\">\n<p>\t\t\t\t\tRelated\t\t<\/p>\n<\/h3><\/div>\n<div class=\"injected-related-story-wrapper lrv-u-flex lrv-u-justify-content-space-between lrv-u-padding-tb-050@desktop a-children-border-vertical a-children-border--grey a-children-border-width-050\">\n<div class=\"o-card \">\n<p>\t\t\t<a tabindex=\"0\" href=\"https:\/\/www.billboard.com\/pro\/spotify-stock-fell-q2-earnings-analysts-worried\/\" class=\"lrv-u-color-black:hover lrv-u-flex u-flex-direction-column@desktop\"><\/p>\n<div class=\"c-lazy-image  lrv-u-height-100p lrv-u-margin-b-1 lrv-u-margin-b-00@mobile-max u-width-130px@mobile-max\">\n<div class=\"a-crop-6x4 a-crop-3x2@mobile-max lrv-u-height-100p\">\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/08\/decline-growth-illustration-2025-billboard-1800.jpg?w=237&amp;h=147&amp;crop=1\" data-lazy-src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/08\/decline-growth-illustration-2025-billboard-1800.jpg?w=237&amp;h=147&amp;crop=1\" alt=\"Illustration of growth and decline\" data-lazy-srcset=\"\" data-lazy-sizes=\"auto\" height=\"\" width=\"\"><\/p><\/div>\n<\/p><\/div>\n<div class=\"o-card__content \">\n<p><span class=\"c-span  lrv-u-whitespace-nowrap\"><\/p>\n<p><\/span><\/p>\n<div class=\"o_category \">\n\t\t\t\t\t<\/div>\n<div class=\"c_title \">\n<h3 id=\"title-of-a-story\" class=\"c-title  a-font-basic-fancy u-font-size-14 u-line-height-21px u-word-spacing-0013 u-font-size-18@mobile-max u-line-height-23px@mobile-max a-truncate-ellipsis-3line\">\n<p>\t\t\t\t\tSpotify\u2019s Stock Tumbled After Its Mixed Q2 Earnings \u2014 But Analysts See the Bigger\u00a0Picture\t\t<\/p>\n<\/h3><\/div>\n<p><time class=\"c-timestamp  \" datetime=\"00:00-YY-DD-MM\"><\/p>\n<p><\/time><\/p><\/div>\n<p>\t\t<\/a><\/p>\n<\/div>\n<div class=\"o-card \">\n<p>\t\t\t<a tabindex=\"0\" href=\"https:\/\/www.billboard.com\/business\/touring\/foo-fighters-bring-on-nin-drummer-iian-rubin-1236033993\/\" class=\"lrv-u-color-black:hover lrv-u-flex u-flex-direction-column@desktop\"><\/p>\n<div class=\"c-lazy-image  lrv-u-height-100p lrv-u-margin-b-1 lrv-u-margin-b-00@mobile-max u-width-130px@mobile-max\">\n<div class=\"a-crop-6x4 a-crop-3x2@mobile-max lrv-u-height-100p\">\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/07\/Billboard-Foo-Fighters-2025-1548.jpg?w=237&amp;h=147&amp;crop=1\" data-lazy-src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/07\/Billboard-Foo-Fighters-2025-1548.jpg?w=237&amp;h=147&amp;crop=1\" alt=\"Dave Grohl of Foo Fighters performs at Roskilde Festival 2024 on July 05, 2024 in Roskilde, Denmark\" data-lazy-srcset=\"\" data-lazy-sizes=\"auto\" height=\"\" width=\"\"><\/p><\/div>\n<\/p><\/div>\n<div class=\"o-card__content \">\n<p><span class=\"c-span  lrv-u-whitespace-nowrap\"><\/p>\n<p><\/span><\/p>\n<div class=\"o_category \">\n\t\t\t\t\t<\/div>\n<div class=\"c_title \">\n<h3 id=\"title-of-a-story\" class=\"c-title  a-font-basic-fancy u-font-size-14 u-line-height-21px u-word-spacing-0013 u-font-size-18@mobile-max u-line-height-23px@mobile-max a-truncate-ellipsis-3line\">\n<p>\t\t\t\t\tFoo Fighters Bring on Nine Inch Nails Drummer IIan Rubin Ahead of Asia Tour\t\t<\/p>\n<\/h3><\/div>\n<p><time class=\"c-timestamp  \" datetime=\"00:00-YY-DD-MM\"><\/p>\n<p><\/time><\/p><\/div>\n<p>\t\t<\/a><\/p>\n<\/div>\n<div class=\"o-card \">\n<p>\t\t\t<a tabindex=\"0\" href=\"https:\/\/www.billboard.com\/business\/legal\/post-malone-ex-drops-child-custody-lawsuit-daughter-1236028541\/\" class=\"lrv-u-color-black:hover lrv-u-flex u-flex-direction-column@desktop\"><\/p>\n<div class=\"c-lazy-image  lrv-u-height-100p lrv-u-margin-b-1 lrv-u-margin-b-00@mobile-max u-width-130px@mobile-max\">\n<div class=\"a-crop-6x4 a-crop-3x2@mobile-max lrv-u-height-100p\">\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/07\/post-malone-gf-coachella-2025-billboard-1548.jpg?w=237&amp;h=147&amp;crop=1\" data-lazy-src=\"https:\/\/www.billboard.com\/wp-content\/uploads\/2025\/07\/post-malone-gf-coachella-2025-billboard-1548.jpg?w=237&amp;h=147&amp;crop=1\" alt=\"Post Malone performs onstage at the 2025 Coachella Valley Music And Arts Festival on April 20, 2025 in Indio, California.\" data-lazy-srcset=\"\" data-lazy-sizes=\"auto\" height=\"\" width=\"\"><\/p><\/div>\n<\/p><\/div>\n<div class=\"o-card__content \">\n<p><span class=\"c-span  lrv-u-whitespace-nowrap\"><\/p>\n<p><\/span><\/p>\n<div class=\"o_category \">\n\t\t\t\t\t<\/div>\n<div class=\"c_title \">\n<h3 id=\"title-of-a-story\" class=\"c-title  a-font-basic-fancy u-font-size-14 u-line-height-21px u-word-spacing-0013 u-font-size-18@mobile-max u-line-height-23px@mobile-max a-truncate-ellipsis-3line\">\n<p>\t\t\t\t\tPost Malone&rsquo;s Ex Drops California Custody Case Over 3-Year-Old Daughter\t\t<\/p>\n<\/h3><\/div>\n<p><time class=\"c-timestamp  \" datetime=\"00:00-YY-DD-MM\"><\/p>\n<p><\/time><\/p><\/div>\n<p>\t\t<\/a><\/p>\n<\/div><\/div>\n<\/div>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tBelow are summaries, listed in alphabetical order, of every music company to report second quarter earnings as of July 31. <em>Billboard<\/em> will update the page as more results are announced. (If the summary includes a hyperlink, click on it to get the full story.)<\/p>\n<div class=\"container \/\/ lrv-u-margin-lr-auto lrv-a-font-body-m   \">\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.billboard.com\/pro\/deezer-earnings-streamer-revenue-first-half-2025\/\">Deezer<\/a>:<\/strong> Total revenue was flat at 267.1 million euros ($298.1 million), and subscribers fell 7.6% to 9.2 million (subscriptions through B2B partnerships fell 21% to 3.9 million). But the French music streamer managed its costs, resulting in improved operating loss and adjusted EBITDA. The company reiterated its belief that it will finish 2025 with both positive cash flow (for the second consecutive year) and positive adjusted EBITDA. Go <a href=\"https:\/\/www.billboard.com\/pro\/deezer-earnings-streamer-revenue-first-half-2025\/\">here<\/a> for the full article. \u00a0<\/li>\n<li><strong><a href=\"https:\/\/www.billboard.com\/pro\/siriusxm-earnings-revenue-lower-subscription-advertising\/\">SiriusXM<\/a>:<\/strong> SiriusXM reported that overall revenue of $2.14 billion in the second quarter fell 2% from the year-ago quarter, pressured by lower subscriber growth, a legal settlement and higher operating expenses. The satellite radio giant is rolling out a new $7 subscription option to try to boost lagging ad revenue and subscriber growth. SiriusXM CEO <strong>Jennifer Witz<\/strong> said they will cautiously roll out the new offering, as they push other initiatives aimed at improving their standing amid a \u201cchallenging\u2026ad market.\u201d The full story is <a href=\"https:\/\/www.billboard.com\/pro\/siriusxm-earnings-revenue-lower-subscription-advertising\/\">here<\/a>.<\/li>\n<li><strong><a href=\"https:\/\/www.billboard.com\/pro\/spotify-q2-2025-earnings-subscribers-profit-revenue\/\">Spotify<\/a>:<\/strong> The streaming giant enjoyed another quarter in which it beat its own subscriber and monthly user growth targets, but a lukewarm financial forecast from executives and lower quarterly operating income due to currency fluctuations and taxes caused a sharp one-day selloff in its stock. Check out our article about the <a href=\"https:\/\/www.billboard.com\/pro\/spotify-q2-2025-earnings-subscribers-profit-revenue\/\">earnings release<\/a> and a <a href=\"https:\/\/www.billboard.com\/pro\/spotify-q2-earnings-report-highlights-subscribers-ad-growth\/\">follow-up story <\/a>with takeaways from the company\u2019s second quarter results.\u00a0<\/li>\n<li><strong><a href=\"https:\/\/www.billboard.com\/pro\/universal-music-earnings-revenue-q2-subscription-gains\/\">Universal Music Group<\/a>:<\/strong> Revenue increased 4.5% to $3.38 billion while recorded music subscription revenue rose 8.5% to $1.36 billion (all growth figures in constant currency). Elsewhere, music publishing soared 14.5% with a boost from Chord Music Partners, but both merchandising and physical recorded music dipped. For more, read our <a href=\"https:\/\/www.billboard.com\/pro\/universal-music-earnings-revenue-q2-subscription-gains\/\">earnings story<\/a> and a <a href=\"https:\/\/www.billboard.com\/pro\/universal-music-q2-earnings-highlights-streaming-superfans\/\">follow-up article <\/a>with takeaways from the results.\u00a0<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.billboard.com\/pro\/2025-q2-earnings-recap-every-music-company\/\">Aller \u00e0 la source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The only sure thing in this earnings season is unpredictability. While the global economy remains resilient in the face of U.S. tariffs, and U.S. gross domestic product grew 3% in Q2, stocks took a hit from a weak U.S. jobs report on Aug. 1, and some experts believe a constant drip, drip, drip of negative [&hellip;]<\/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-176793","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\/176793","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=176793"}],"version-history":[{"count":0,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/176793\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/media?parent=176793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/categories?post=176793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/tags?post=176793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}