Bill Ackman thinks there’s a lot of growth ahead for Universal Music Group. These analysts agree. April 25, 2023By Tim InghamCredit: Kristoffer Tripplaar / AlamyBill AckmanSorry, you have hit your monthly limit of MBW+ articles! Subscribe or log in to gain unlimited access to all analysis and data on Music Business Worldwide, plus other member benefits. Subscribe LoginAnalysis United States Netherlands MBW ExplainsRelated Posts Bubble superfan app, concerts, merch are accelerating Tencent Music’s growth… as company expands beyond streaming Tencent Music now has 15 million ‘Super VIP’ subscribers. They helped drive music subs revenue up 17.1% YoY in Q2. How Live Nation just grew Concerts revenue by 19.0% YoY… despite putting on fewer shows Sony generated $2.77bn from recorded music and publishing in calendar Q2 2025, up 8.8% YoY
Bubble superfan app, concerts, merch are accelerating Tencent Music’s growth… as company expands beyond streaming
Tencent Music now has 15 million ‘Super VIP’ subscribers. They helped drive music subs revenue up 17.1% YoY in Q2.