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Results for: revenue

The hallowed nightlife institution reportedly owed more than €800,000 in unpaid taxes to inland revenue...

Legendary Italian techno nightclub Cocoricò has closed its doors after thirty years.

The Rimini-based club, which also temporarily closed in 2015 following the high-profile death of...

The future looks uncertain for the streaming service

SoundCloud lost £30.32m in 2014, according to newly released financial reports.

The Berlin-based streaming service has brought in £28.66m in revenue over the last three...

The report comes after months of evidence from artists, industry and major label reps

The UK governments report into the Economy of Streaming – which began in October 2020 – has concluded that the streaming model needs a ‘total reset’. Claiming...

30.9 million people saw a show this past year...

Live music accounts for £4 billion of revenue within the UK says a new study by UK Music.

In total, there were approximately 30.9 million...

crowdDJ gives users the power to select the tunes playing at their local bar

Spotify have partnered with an Australian music company to create a digital jukebox app. 

crowdDJ allows users to select tracks from the streaming service's catalogue...

Much-loved Scottish music venue set to close

Scottish music venue The Aches in Glasgow has gone into administration.

The blow comes after the famed nightclub and arts venue lost its license, resulting...

First-half recording revenues of the year grew 18% to $5.4 billion

The U.S. music industry is expected to generate $10 billion this year.

Taken from the same report that found that vinyl sales are to take...

70% of revenue generated will go to artists and songwriters

Mixcloud has reduced its free service and launched a Premium subscription model. 

The move means that those who don't pay to stream will only be...

The revamped three-room venue only recently reopened in March...

Studio 338 in north Greenwich is reportedly ablaze, as more than 70 firefighters from London Fire Brigade are tackling an incident on Tunnel Avenue where...

The original video was released in 2000

An alternative version of MF DOOM's 'Dead Bent' video is set to be released as an NFT.

After 'Dead Bent' was originally released in 1999...

Vinyl

“Music lovers clearly can’t get enough of the high-quality sound and tangible connection to artists"

US vinyl sales rise by 22% in the first half of 2022, according to RIAA's mid-year music revenue report. The number of vinyl records shipped...

The grassroots arts and events space aims to fill the void left by London's recent club closures while supporting positive mental health...

A new intimate techno club called The Cause is set to open in London. 

The 400-capacity venue, housed in a former car mechanics depot...

Napster has been snapped up for a cool $70million (£53m)

MelodyVR, a virtual reality platform, has purchased streaming giant Napster for $70million (£53m).

Founded in 1999 as a pioneering peer-to-peer file sharing Internet software that emphasized sharing MP3s, the platform served...

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Records accounted for $232million in revenue during the first half of 2020

Vinyl outsold CDs in the US for first time in over 30 years during the first half of 2020. 

In total, the Recording Industry Association...