SM Entertainment Revenue Falls Despite Album Sales Surge From NCT 127, aespa Releases
The company attributed the revenue drop to smaller-sized concerts and “slow business conditions” for its content-related subsidiaries.
The company attributed the revenue drop to smaller-sized concerts and “slow business conditions” for its content-related subsidiaries.
Company-wide revenue reached a record $1.75 billion on streaming gains and strong physical sales.
The company had $35.5 million in revenue in the fiscal third quarter, including a 15% gain in publishing revenue and a 32% gain in recorded music.
Late last year, Spotify began offering 15 hours of monthly audiobook listening to its Premium subscribers in select markets, including the U.S. Now the company says the new service is the second-largest audiobook provider behind Amazon-owned Audible &#…
Full-year revenue dropped 0.6% to $8.95 billion while adjusted EBITDA fell 2% to $2.8 billion.
Google CEO Sudar Pichai said that the company’s Google One cloud storage service is ” just about to cross” 100 million subscribers. Speaking during Alphabet’s Q4 2023 earning call, Pichai added that the company is looking to add…
Tesla’s strategy to drive sales through price cuts combined with the cost of bringing the Cybertruck into production put pressure on profits in the fourth quarter, according to earnings reported Wednesday. While the company has managed to continu…
After receiving a “heavily caveated” opinion from its adviser, Hipgnosis Songs Fund said it needs more time preparing its latest interim results.
Peer-to-peer carsharing company Getaround has filed its first earnings report since going public a year ago via a SPAC combination. The company’s third-quarter earnings report details a company seeing quick revenue growth, but not enough top line yet t…
Welcome to encircle News! We are a cutting-edge technology news company that is dedicated to bringing you the latest and greatest in everything tech. From automobiles to drones, software to hardware, we’ve got you covered.
At encircle News, we believe that technology is more than just a tool, it’s a way of life. And we’re here to help you stay on top of all the latest trends and developments in this ever-evolving field. We know that technology is constantly changing, and that can be overwhelming, but we’re here to make it easy for you to keep up.
We’re a team of tech enthusiasts who are passionate about everything tech and love to share our knowledge with others. We believe that technology should be accessible to everyone, and we’re here to make sure it is. Our mission is to provide you with fun, engaging, and informative content that helps you to understand and embrace the latest technologies.
From the newest cars on the road to the latest drones taking to the skies, we’ve got you covered. We also dive deep into the world of software and hardware, bringing you the latest updates on everything from operating systems to processors.
So whether you’re a tech enthusiast, a business professional, or just someone who wants to stay up-to-date on the latest advancements in technology, encircle News is the place for you. Join us on this exciting journey and be a part of shaping the future.