Irenic Capital Management LP, a Manhattan-based hedge fund, has taken an 8.1% stake in Reservoir Media and believes the music company is “undervalued,” according to a...
Shares of Spotify rose 8.0% to $365.00 this week to lead all music stocks in a week the Billboard Global Music Index reached a new high...
CTS Eventim shares finished the week up 5.3% after the company sounded upbeat about the second half of 2024 in its Thursday (Aug. 22) earnings release. ...
Sphere Entertainment Co. shares spiked 22.3% this week after the company’s fiscal fourth-quarter earnings on Wednesday (Aug. 14) showed that the Las Vegas venue brought in...
After hosting residencies by Dead & Company and Phish, Sphere Entertainment Co. closed out its fiscal year ended June 30 with revenue of $273.4 million and...
Perry Farrell is reclining with a vitamin IV inserted into his left arm, talking about the reunion of Jane’s Addiction, a band that redefined rock music...
During a chaotic week for stock markets around the world, Universal Music Group (UMG) shares rose 3.3% to 22.15 euros ($24.20), enough to make the Amsterdam-listed...
If your last name is Grainge, you probably oversee a large chunk of the U.S. music business. Following Elliot Grainge’s promotion to CEO of Atlantic Music...
Radio stocks struggled this week as companies’ second-quarter earnings revealed additional revenue losses. SiriusXM shares fell 15.6% after the company’s second-quarter earnings on Thursday (Aug. 1)...
Investment giant Apollo Global Management is backing Sony Music Group to the tune of $700 million to help the company fund music acquisitions, it was announced...