DOUBLE-DOUBLE: Facebook is expected to generate up to $1.1 billion in total revenue this year, based on calculations made by Inside Facebook. The blog said it expected the trend of Facebook doubling its revenues every year—it went from around $300 million in 2008 to between $6-700 million last year—"to continue for the foreseeable future, making Facebook a multibillion-dollar company within the next few years." Brand advertising, performance-based ads and sales of virtual goods are likely to once again be Facebook’s main sources of revenue this year. (3/4a)
MUSIC REVENUE TOPPED $17B IN 2023: RIAA
Streaming subscriptions lead the charge. (3/27a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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