Music

Benchmark analyst Fawne Jiang maintained a Hold rating on Tencent Music Entertainment Group (NYSE:TME) while lowering near-term growth expectations amid rising competition, shifting consumer behavior and AI-driven industry changes. • Tencent Music stock is trading at depressed levels....

On Tuesday, Spotify Technology's (NYSE:SPOT) top leaders defended the company's pricing strategy after a blowout third quarter, saying value and engagement—not competitor pricing—drive how much users pay. Spotify Smashes Expectations With Strong Q3 Results Spotify posted third-quarter 2025 earnings...

Tencent Music Entertainment Group – ADR (NYSE:TME) shares are trading lower on Tuesday. In an SEC filing, the company revealed a major strategic move: the planned acquisition of Ximalaya Inc., a prominent online audio platform in China. This step signals Tencent Music's intent to expand...

Musician Taylor Swift celebrated a recent win with buying back her old albums previously owned outside of her control. With the new ownership, streams of old Swift songs have soared, helping boost traffic for Spotify Technology (NYSE:SPOT). What Happened: Swift fans are celebrating the news that...

A 1990s rock band is the latest to criticize the White House and President Donald Trump for using one of its songs without permission, which was a common occurrence during the 2024 presidential election cycle. What Happened: Rock band Semisonic, known best for their hit song "Closing Time" joins...

Hedge funder Bill Ackman announced the sale of a portion of Pershing Square's (OTC:PSHZF) stake in Universal Music Group (OTC:UNVGY) (OTC:UMGNF) Thursday, continuing his recent financial moves betting on future investments. What Happened: Ackman, who recently showed he trimmed his stake in Chipotle...

Spotify Technology SA (NYSE:SPOT) released its annual list of the most listened-to songs, albums, artists and podcasts and just like last year it's Taylor Swift's world and we're all just living in it. What Happened: For a second straight year, Taylor Swift sits atop the Spotify Wrapped list of the...

Editor’s Note: Quarterly earnings and revenue were corrected and updated. Spotify Technology S.A. (NYSE:SPOT) reported its third-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter.   The Details: Spotify reported quarterly earnings of $1.59 per...

Spotify Technology S.A. (NYSE:SPOT) reported its third-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter.   The Details: Spotify reported quarterly earnings of $1.46 per share, which missed the analyst consensus estimate of $1.76. The company reported...

Singer Barry Manilow is known for many hit songs including "Looks Like We Made It." Manilow could soon be saying "looks like we made it" to the point of a lawsuit as he takes on song catalog company Hipgnosis Songs Fund. What Happened: Hipgnosis Songs Fund is one of several song catalog companies...

Jack White of the White Stripes has condemned Donald Trump‘s campaign as “fascists” and threatened legal action after an aide used a clip of the band’s 2003 hit “Seven Nation Army” in a pro-Trump social media post. Margo Martin, Trump’s deputy director of...

One of the most famous rock bands from the 1990s is reuniting and ending a sibling feud with Oasis announcing a 14-date 2025 tour for the U.K. and Ireland. The tour could be one of the most anticipated and help several entertainment-related companies. What Happened: While the new Oasis tour may not...

Former President Donald Trump has frequently used songs from bands that neither like him nor have granted permission for him to use their music. The rock band Foo Fighters is the latest band to speak out about Trump's use of songs. What Happened: Trump welcomed Robert F. Kennedy Jr. as a surprise...

BofA Securities analyst Lei Zhang reiterated a Buy rating on Tencent Music Entertainment Group – ADR (NYSE:TME) with a price target of $15, down from $18. Tencent Music reported a fiscal second-quarter 2024 revenue of $985.00 million (7.16 billion Chinese yuan), missing the analyst estimate...

Former President Barack Obama shared a list of the songs he's been listening to over the summer, continuing a tradition of sharing songs, TV shows and movies he thinks others should check out. Here's a look at the songs on Obama's playlist. What Happened: Obama is best known for his role in...