Warner Music Group (WMG) has released its financial results for the quarter ending June 30, 2024, marking its fiscal Q3. The company’s global revenue for the period reached $1.554 billion, encompassing earnings from recorded music, music publishing, and other activities. In its SEC filing on August 7, WMG disclosed that its recorded music digital revenue…
As reported by Music Business Worldwide earlier today (August 7), Sony’s global music rights operation experienced double-digit growth in calendar Q2 (fiscal Q1), with revenues rising 11.4% year-over-year (YoY). However, a closer look reveals a slower growth rate in Sony’s recorded music streaming revenue, which increased by just 5.0% YoY when adjusted for US dollars….
A federal district court ruled on Monday that Google engaged in monopolistic behavior by paying to become the default internet search engine on mobile devices from other tech companies, marking a significant victory for the Justice Department. According to Bloomberg, Google paid $26.3 billion in 2021 to companies including Apple and Samsung. The Justice Department…
Vice President Kamala Harris’s decision to choose Governor Tim Walz (D-MN) as her running mate was met with enthusiasm from many Democrats and even some Republicans. For the Left, Walz is seen as a progressive Midwestern figure with a congenial personality that could potentially help Harris secure pivotal swing states. However, Walz’s record, especially his…
Vienna, Austria – In a shocking turn of events, three Taylor Swift concerts scheduled to take place at Ernst Happel Stadium in Vienna have been canceled. The decision comes after Austrian government officials confirmed a planned terrorist attack against the popular singer’s shows. Arrests and Suspects Earlier today, authorities arrested two men in connection with…
SOURCE:THE CONVERSATION Most of the world has signed up to commitments to reduce emissions under the Paris Agreement. It aims to hold the increase in the global average temperature to “well below 2°C above pre-industrial levels” and to pursue efforts to limit it to 1.5°C. Australia’s commitments are net-zero greenhouse gas emissions by 2050 and…
Phoenix, AZ – Authorities have apprehended a man who allegedly opened fire on Phoenix police officers during an incident on Tuesday morning. According to the Phoenix Police Department, officers responded to a residence near 35th Drive and the Loop 101 around 8 a.m. The call came from a woman who expressed concern about her son,…
Phoenix, AZ – Maricopa County Attorney Rachel Mitchell has announced the indictment of Ramon Godoy on three counts related to a sexual attack against a female correctional officer. According to the indictment, the defendant instructed the victim to meet him inside a gymnasium at Lewis Prison on July 7th. There, he allegedly held her in…
More than six months after a man was fatally shot while driving on the Loop 202 in Mesa, his grieving family continues to search for answers. Silent Witness hosted a news conference on Wednesday at 1 p.m., during which the family of the victim, 50-year-old Keith Henion, pleaded for someone to come forward. The incident…
Source:THE CONVERSATION The Great Barrier Reef is vast and spectacular. But repeated mass coral bleachings, driven by high ocean temperatures, are threatening the survival of coral colonies which are the backbone of the reef. Our study, published today in Nature, provides a new long-term picture of the ocean surface temperatures driving coral bleaching. It shows…