Tag: profits

Nov12024 by adminNo Comments

Universal Music Group Posts $3.12 Billion in Q3 2024 Revenue As Subscription Streaming’s Contribution Remains Flat

Entertainment

Universal Music Group head Lucian Grainge. Picture Credit: UMGIn the middle of continued streaming-plateau issues, Universal Music Group (UMG) has actually published its Q3 2024 financials-- total with flat taped music streaming membership profits and a minor ad-supported income enhancement. These and other intriguing efficiency information emerged in the leading label's just-released third-quarter profits report. As numerous will remember, UMG shares parted with over 20% of their worth in the wake of the Q2 report, relatively due to financier issues about a possible streaming plateau.Consequently, an expansion-minded Universal Music put out an aggressive streaming projection, anticipating an 8-10% yearly subscription-revenue growth on the taped side, going through 2028.To put it simply, t...

Sep142024 by adminNo Comments

Voice Actors’ Union Has Signed Deals With 80 Individual Games As Strike Continues

Entertainment

GameSpot might get profits from affiliate and marketing collaborations for sharing this material and from purchases through links. Stars union SAG-AFTRA, which likewise represents voice stars, has actually revealed that business behind 80 video games have actually consented to its terms over making use of AI, while voice stars and mo-cap entertainers continue to strike versus significant market gamers. The agreements, that include both tiered-budget and interim contracts, will permit entertainers more job opportunity as the strike continues.The computer game stars' strike started on July 26 this year, with the union requiring reasonable AI security for its ...