Sony Music Posts Strong Quarter, With Revenue up to Nearly $2 Billion

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Sony Music Posts Strong Quarter, With Revenue up to Nearly $2 Billion
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  • 📰 Variety
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In the second quarter since all of Sony Music’s operations were united under CEO Rob Stringer, the company showed strong earnings, ending the calendar year with streaming revenues up 21% and overal…

In the second quarter since all of Sony Music’s operations were united under CEO Rob Stringer, the company showed strong earnings, ending the calendar year with streaming revenues up 21% and overall revenue up 7.5% to $1.99 billion. Its profits for the quarter reached $333 million. Driven by releases from Harry Styles, Lil Nas X, [...

“I never should have written ‘Hip to be Square’ in the third-person,” says Huey Lewis of the News fame. The man who has sold more than 30 million records, spawning such ‘80s classics as “The Heart of Rock and Roll,” “I Want a New Drug,” the Oscar-nominated “The Power of Love” and the song he’s [...]Liza Minnelli is getting ready to be photographed for the cover of Variety. She’s wearing an off-the-shoulder black beaded shirtdress and perched on a director’s chair.

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