XL Recordings posted a $12.8m profit last year despite only releasing 8 new albums
XL Recordings reported a profit of $12.8 million last year despite only releasing eight new albums. The article highlights the success of Peggy Gou's track '(It Goes Like) Nananana', which has surpassed half a billion streams on Spotify. Additionally, it references the growing revenues of related entities in the music industry, including Beggars Group and streaming services.
Published on Tuesday, August 27, 2024 at 6:32 PM
Read the article
Music Business Worldwide
You might like these
Keep up with your corner of the music industry
You're all set.
Check your e-mail.
Subscribe
Stay up to date on industry news, music, and articles with our industry newsletter. Whether you’re a fan, musician, or industry professional, we’ve got you covered.