iHeartMedia & Tencent Music Shares Ride Q2 Results to Big Gains

iHeartMedia & Tencent Music Shares Ride Q2 Results to Big Gains

Most music stocks posted gains this week as markets absorbed falling consumer sentiment and the producer price index’s fastest rate of increase in three years.   iHeartMedia was the week’s greatest gainer, rising 40.6% to $2.25. The radio giant’s stock rose 25% on Tuesday after its Q2 earnings showed the company beat revenue guidance and managed a small improvement in revenue. CEO Bob Pittman referenced “a still uncertain macro environment,” b…

Tencent Music reports 18% revenue increase in Q2 2025

Tencent Music Entertainment (TME) reported an 18% year-on-year revenue increase for the second quarter of 2025, driven by continued subscription growth and a rising number of premium-tier customers. The Shenzhen-based company said its SVIP paid user base has now surpassed 15 million. Overall revenue for the quarter reached $1.18bn, with $611m generated from paid music subscriptions, a 17.1% increase compared to the same period last year. The com…

Bubble superfan app, concerts, merch are accelerating Tencent Music’s growth… as company expands beyond streaming

What we learned from TME's Q2 earnings call this week – and what is suggests about the future of music Source