Warner Music’s Streaming Revenue up 23% for 2019

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In earnings results posted Wednesday morning, Warner Music Group announced that its recorded-music division saw an annual streaming growth of 22.8% for the financial year ending September 30, 2019.…

Broadway powerhouse Nederlander Organization has acquired Chicago-based Jam Theatricals, owner of Washington D.C.’s National Theatre. The deal will create a new entity, Nederlander National Markets, headed by president James L. Nederlander. Steve Traxler, co-founder, president and CEO of Jam Theatricals, will remain with the new entity, serving as director of strategy and integration. He will [...

]UPDATED: The Department of Justice weighed in on the high-stakes legal battle between Hollywood agencies and the Writers Guild of America on Tuesday, arguing that the guild cannot claim blanket exemption from federal antitrust law. The DOJ’s Antitrust Division said it is not taking sides on the merits of the seven-month battle between the guild [...]Robert F.X. Sillerman, the entertainment entrepreneur who helped shape the modern concert industry, has died at 71 due to a respiratory illness.

 

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