Live Nation reported record second-quarter revenue of $7.7 billion, with concert revenue up 8% and fan attendance up 10%, as the company projects another year of double-digit growth.
https://www.billboard.com/pro/live-nation-q2-earnings-concert-record-revenue/
SiriusXM added 22,000 net new subscribers in the second quarter, helping drive revenue to $2.16 billion and prompting the company to raise its full-year outlook.
https://www.billboard.com/pro/siriusxm-q2-2026-holdings-adds-22000-net-new-subscribers/
Universal Music Group reported first-half revenue of $7.2 billion, up 5.3%, fueled by its Downtown acquisition and continued growth in recorded music and publishing.
https://www.billboard.com/pro/universal-music-q2-earnings-revenue-up-first-half-2026/
Sphere Entertainment’s second-quarter revenue rose 11% to $313.6 million thanks to strong demand for The Wizard of Oz at Sphere, though the company still posted an operating loss.
https://www.billboard.com/pro/sphere-entertainment-earnings-q2-revenue-rises-wizard-of-oz/
A German court ruled that AI music company Suno illegally trained its model on copyrighted songs without permission, ordering the company to pay damages in a decision Suno plans to appeal.
https://www.billboard.com/pro/suno-liable-gema-german-copyright-lawsuit/
This week’s new releases include Ariana Grande’s eighth studio album Petal, Cardi B’s new single “AH HA,” Shaboozey’s The Outlaw Cherie Lee & Other Western Tales, and new music from Benny Blanco, Selena Gomez, Becky G, Remi Wolf, Davido, Billy Strings, and Stephen Wilson Jr. featuring Miranda Lambert.
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