Dua Lipa now worth over £100m despite major drop January 6, 2025 Pop star Dua Lipa saw her earnings slashed by more than £40m in the year between her popular live tours, it has been revealed. Turnover at the singer’s production company, Radical22 Live, fell significantly from £51.5m to £8.4m in the 12 months to 31 March, 2024. Newly-filed accounts with Companies House also show that the [...]
Co-op Live boss promoted after leading recovery from disastrous launch September 16, 2024 The boss of Manchester’s Co-op Live arena has been promoted after leading its recovery following a disastrous launch earlier this year. Rebecca Kane Burton took over the reigns at the £365m arena by Manchester City’s Etihad Stadium in April after its previous boss resigned after a series of problems and delays generated national headlines. Gary [...]
Back at square one: Crowdcube co-founder Darren Westlake embarks on bold new venture following exit September 9, 2024 Two decades ago, Darren Westlake set out to transform startup funding in the UK with the launch of Crowdcube. Fast forward 20 years and the entrepreneur finds himself in a familiar position – back at square one – after stepping down as CEO of the platform last year to “start again.” His new project, Disco, [...]
AEG Presents: Covid rebound hailed by Hammersmith Apollo owner despite sales and profit dip September 9, 2024 AEG Presents, the UK touring and festivals arm of the group that owns The 02 in London has hailed its full recovery from the Covid-19 pandemic despite a fall in its turnover and profit during 2023. The company, which is headquartered in the capital, is part of the wider LA-based AEG group which is the [...]
Spotify: UK adverts boom helps sales and profit surge August 20, 2024 Profit at the UK arm of Spotify increased thanks to its revenue jumping closer to the £300m during its latest financial year, it has been revealed. The music streaming giant has reported a pre-tax profit of £22.3m for 2023, according to newly-filed accounts with Companies House. The total comes after Spotify posted a pre-tax profit [...]
Virgin Records: Streaming boom and Abbey Road Studios help profit more than double August 8, 2024 The continued boom in music streaming as well as the popularity of Abbey Road Studios among major artists helped Virgin Records’s profit more than double during its latest financial year. The company has reported a pre-tax profit of £76.9m for 2023, up from the £37.2m it posted in 2022. According to newly-filed accounts with Companies [...]
Profit cut at Mercury Prize and Official Charts owner despite BRIT Awards success July 24, 2024 The organisation behind the Mercury Prize and that co-owns the Official Charts Company saw its profit cut during 2023 despite the financial success of the BRIT Awards.
Dua Lipa rakes in profit for production firm as global popularity soars July 23, 2024 Dua Lipa's increasing popularity across the world saw her production company rake in more than £20m in profit, it has been revealed.
Taylor Swift, The Tortured Poets Department review: Cathartic, but lacks a climax April 24, 2024 Have we reached Taylor Swift fatigue? Don’t be silly. But the middling response to her latest album suggests a craving for more curation.