Get the latest gossip
Sony Music Reports Double-Digit Revenue Growth, Driven By SZA, David Gilmour and Live Shows
Sony Music's Q2 earnings report shows records by SZA and David Gilmour, plus live events, helped boost growth in recorded music and music publishing.
The company said growth in revenue from streaming subscriptions, live events and merchandise from recorded music, as well as the impact of foreign exchange rates were among the key drivers of its positive quarterly financial results. SZA’s blockbuster album SOS, which has broken numerous chart records since it was first released in December 2022, including overtaking Aretha Franklin ’s Aretha Now as the longest-running chart topper of the Top R&B/Hip-Hop Albums tally, was Sony Music’s top seller of the quarter. The one title in the top 10 from outside this decade was Michael Jackson ’s Thriller, the 1982 classic co-produced by Quincy Jones, who passed away on Sunday (Nov. 3).
Or read this on Billboard
