Warner Music Group Reports 7.8% Revenue Decrease, 34% Net Income Falloff in ‘Tough’ Q4 2022
Warner Music Group (WMG) suffered a 7.8 percent year-over-year (YoY) revenue dip during 2022’s final three months, when net income slipped by approximately 34 percent.
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Roger Waters Re-Records Dark Side of the Moon & Takes Full Credit — “It’s My Project and I Wrote It”Roger Waters has re-recorded Pink Floyd’s famous album, The Dark Side of the Moon without any involvement from his former band members.The Story Continues Here.
Beyonce’s Clothing Line With Adidas Appears To Be StrugglingMusiciansBeyonce’s line of streetwear fashion with Adidas is struggling with weaker-than-expected sales.The Story Continues Here.
BTS Agency Hybe Acquires Quality Control, Aims to Build ‘A Truly Global Entertainment Platform’
After spearheading a number of expansion initiatives during 2022 – when K-pop mainstay BTS formally split – Hybe has officially acquired Quality Control.The Story Continues Here.
Hybe Acquires 14.8% Share of SM Entertainment
HYBE acquires the 14.8% share in SM Entertainment previously held by SM’s founder, positioning itself as the company’s largest shareholder.The Story Continues Here. 
