A Turnstile concert in Richmond, Va., has resurfaced in the news following viral footage of an audacious stage dive and an earlier pepper spray incident that prompted backlash and an ongoing investigation into police conduct.
The Baltimore hardcore band played Brown’s Island in September, and as is typical for their high-octane live shows, fans were encouraged to join the band onstage during their performance of “Birds.”
In video footage that recently gained traction online, one fan is seen sprinting across the stage and launching himself over the photo pit, attempting to clear a large gap between the stage and the barricade. The crowd erupts as he rotates midair, landing with the back of his legs clipping the top of the barricade before crashing into the audience.
The stunt is just one of several wild moments from the show. That same night, another fan was pepper sprayed by a local sheriff’s deputy — an act that drew widespread criticism after fan-filmed footage captured the officer brandishing a can of spray and firing it directly into a teen’s face. Bassist Franz Lyons, standing nearby onstage, is seen recoiling and shielding his eyes from the dispersing spray.
Speaking about the incident at the time with The Guardian, Turnstile frontman Brendan Yates called it “A cowardly action from an officer coming in and spraying a 15-year-old kid and then walking away – I don’t think that’s an isolated event. But at our shows, it was a new thing. It’s something that we strive to keep away.”
The incident was later confirmed to be under review. Richmond Sheriff Antoinette Irving announced that her office had launched an internal investigation and was reviewing bodycam footage to determine the circumstances around the use of force. Further details about the outcome of the investigation have not yet been released.
Turnstile has become one of the most critically acclaimed live acts in recent years, breaking out of the underground with their 2021 album Glow On. The record debuted at No. 30 on the Billboard 200 and landed the band three Grammy nominations: best rock album (Glow On), best rock song (“Holiday”), and best rock performance (“Blackout”).
Their live shows — often defined by nonstop mosh pits, stage dives, and cathartic fan interaction — have helped them secure spots on major festival stages including Coachella, Glastonbury, and Lollapalooza. The Brown’s Island show was part of their fall U.S. tour ahead of a U.K. and European run that kicked off in Dublin on Oct. 31.
The European tour includes upcoming stops in Glasgow, Manchester, and London, before heading through Hamburg, Amsterdam, Milan, Paris and more. Turnstile will then head Down Under in January for a series of Australian shows.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-10-31 09:40:262025-10-31 09:40:26Turnstile Show Goes Viral After Fan’s Stage Dive
Taylor Swift continues her domination of the ARIA charts this week, locking in her fourth consecutive double-header as The Life of a Showgirl and “The Fate of Ophelia” remain at No. 1 on the Albums and Singles charts, respectively.
The feat marks yet another high in a standout year for Swift, with both her re-recordings and original material continuing to perform strongly in Australia. Her latest chart-toppers have held steady across Halloween week — a fitting flex for a pop sorceress who’s made chart magic her signature move.
Meanwhile, Australian country artist James Johnston celebrates a new career high, debuting at No. 5 with his sophomore album Where You’ll Find Me, which also lands at No. 1 on the ARIA Australian Albums Chart. It follows the success of his debut Raised Like That, which peaked at No. 7 in 2023.
British pop icon Lily Allen returns to the top 10 with West End Girl, her first album in seven years. The project opens at No. 6, becoming her fifth top 10 ARIA album. Her previous efforts include 2009’s chart-topping It’s Not Me, It’s You and 2014’s Sheezus, which peaked at No. 4.
UK rapper Dave also makes a strong entrance with The Boy Who Played the Harp, debuting at No. 7. It follows his 2021 project We’re All Alone in This Together, which reached No. 5.
Melbourne’s Paul Dempsey claims the No. 8 spot with Shotgun Karaoke Vol. II, a covers record that features renditions of songs by R.E.M., Patti Smith, Cher, and more. The Something for Kate frontman also lands at No. 2 on the ARIA Vinyl Albums Chart. Dempsey has a long history of top-charting albums, both solo and with his band, including No. 1 albums The Official Fiction (2003) and Desert Lights (2006).
On the Singles Chart, Olivia Dean continues her Australian ascent. “Man I Need” holds firm at No. 2, while “So Easy (To Fall In Love)” jumps to No. 7 from No. 22. Former hit “Nice To Each Other” climbs from No. 16 to No. 12. Dean now has five tracks in the top 50 as she gears up to perform at the ARIA Awards on Nov. 19.
Fleetwood Mac’s Rumours holds the No. 1 spot on the On Replay Albums Chart, while Teddy Swims’ “Lose Control” continues its reign atop the Hitseekers Singles Chart.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-10-31 08:15:082025-10-31 08:15:08Taylor Swift Spins a Chart-Web: Four Weeks at ARIA No. 1
Ken Carson is back with a haunting new single just in time for Halloween.
Released Oct. 31, “yes” sees the Opium rapper dive deeper into his blown-out, post-apocalyptic sound — arriving alongside his ongoing run on Playboi Carti’s Antagonist 2.0 world tour.
Produced by Clif Shyne, the track delivers Carson’s signature distortion-drenched rage, layering eerie melodies with anxious declarations like, “How you say yeah on the face / How the f*** I grow apart from you?”
Fittingly timed for the spookiest night of the year, “yes” feels like a sonic exorcism — chaotic, emotionally unhinged, and fully locked into Carson’s dark creative universe.
Fans had been waiting for the official version after weeks of leaked snippets and TikTok edits circulating online. Its release also extends Carson’s tradition of Halloween drops. In 2022, he dropped the XTENDED deluxe of X on Oct. 31. In 2023, his full-length A Great Chaos arrived two weeks before Halloween — and still dominated fan playlists during spooky season. This year, “yes” keeps the streak alive, arriving with fanfare from the Opium faithful, many of whom had been circulating snippets for weeks.
It’s also Carson’s first solo offering since More Chaos, the experimental project he dropped in early 2025 as a surprise for fans. That tape followed the A Great Chaos deluxe and helped solidify Carson’s reputation as a relentless content-dropper with cult appeal.
Live audiences are already getting a taste of “yes” on tour, with Carson’s high-energy sets often blurring the line between concert and riot. As part of the Antagonist 2.0 tour alongside labelmates like Destroy Lonely and Homixide Gang, Carson has been performing to packed venues across North America and Europe.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-10-31 06:48:122025-10-31 06:48:12Ken Carson Summons Halloween Chaos With ‘Yes’: Stream It Now
Offset has delivered a Halloween treat to fans, releasing his surprise new solo album Haunted by Fame.
Released via UMG Recordings, Haunted by Fame features guest appearances from NBA Youngboy, NoCap, and Lil Dump. Offset also dropped a horror-themed music video for lead track “Ya Digg,” directed by HousePartii, pairing eerie visuals with haunted-house production.
The Migos rapper teased the project just hours before release, writing cryptic messages on social media and sharing a masked teaser clip that hinted at the darker sonic palette.
The 11-track project arrives just two months after his introspective third solo effort Kiari, continuing a prolific run for the Atlanta rapper. While Kiari leaned introspective, Haunted by Fame sees Offset trading raw confessionals for paranoia-laced production, distorted hooks, and sparse 808s.
Offset’s Billboard chart history includes more than 30 entries on the Hot 100 as a solo artist, though he has yet to score a No. 1 hit on the chart.
Offset has logged over 30 solo entries on the Billboard Hot 100, though he’s yet to claim a solo No. 1. His highest-charting solo cut, “Ric Flair Drip,” reached No. 13, while featured spots on hits like Tyga’s “Taste” (No. 8) and Kodak Black’s “Zeze” (No. 2) helped boost his profile.
His debut album Father of 4 opened at No. 4 on the Billboard 200 in 2019 with 89,000 units, followed by Set It Off in 2023, which debuted at No. 5 with 70,000 units and hit No. 2 on the Top R&B/Hip-Hop Albums chart. Offset’s collaborative run—spanning Cardi B, Travis Scott, 21 Savage, and more—continues to keep him in rotation. And with Migos, he hit No. 1 on the Hot 100 in 2017 with “Bad and Boujee” featuring Lil Uzi Vert.
Haunted by Fame marks Offset’s fourth solo project and second album of 2025.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-10-31 06:03:362025-10-31 06:03:36Offset Drops Surprise Halloween Album ‘Haunted by Fame’: Stream It Now
Dan Rosen has been promoted to an expanded role at Warner Music Group, now overseeing both the Australasia and Southeast Asia markets in a strategic move that consolidates leadership across a region of more than 550 million people.
Rosen, who currently serves as president of Warner Music Australasia, will now also lead recorded music operations in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. He continues to report to Lo Ting-Fai (Lofai), president of Warner Music Asia-Pacific.
Under the new unified structure, Rosen will guide teams across eight diverse markets, with Warner Music citing the region’s heavy engagement with digital platforms and its increasing global influence. Southeast Asia is considered a “trigger region” by major labels — where digital momentum can break songs globally. WMG notes that some of its biggest acts receive up to a third of their global streams from this region alone.
“This region is richly diverse, full of extraordinary artists, talented entrepreneurs, and young passionate fans, who are highly engaged with a booming music ecosystem,” said Lofai. “Under Dan’s skilled leadership, our artists will tap into both the economic value and weight of population across all eight countries, providing a powerful springboard to global fame and fortune.”
The company also confirmed that Warner Music Australasia is evolving its domestic artist structure to double down on developing local acts. Recent global breakthroughs under Rosen’s leadership include Balu Brigada, Budjerah, Boy Soda, Kita Alexander and Thelma Plum.
“Our mission has always been to find dynamic ways to help our local artists go global, and for our global artists to grow passionate local fanbases,” Rosen said. “I’m honoured to lead a talented, focused team, and work with our amazing local partners, in these six diverse and exciting markets in Southeast Asia, while reinforcing our commitment to Australian and NZ artists.”
As part of Warner’s growing Southeast Asian presence, the company recently launched a pan-regional campaign for Vietnamese indie artist Vũ, who is set to embark on the largest-ever Australian tour by a Vietnamese artist.
Rosen will continue to lead Warner Chappell Music in Australia and New Zealand. Publishing operations in Southeast Asia remain under Arica Ng, president of Warner Chappell Music APAC, who reports to Guy Moot, co-chair and CEO of Warner Chappell Music.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-10-31 05:01:032025-10-31 05:01:03Dan Rosen Appointed to Lead Warner Music Australasia & Southeast Asiaa
Florence + The Machine rang in Halloween with a fittingly eerie performance for SiriusXM’s The Spectrum, delivering a live mash-up of Lady Gaga’s “Abracadabra” and their own fan-favorite deep cut “Which Witch.”
The appearance doubles as a preview of their new era, with Florence Welch and company dropping their sixth studio album Everybody Scream on Oct. 31 and plotting a North American headline tour for 2026.
The band’s take on “Abracadabra” — originally released by Gaga in February as part of Mayhem — merged seamlessly with “Which Witch,” a theatrical, chant-like track from the deluxe edition of How Big, How Blue, How Beautiful (2015). Welch’s vocals soared over gothic percussion and swelling strings, as the mash-up unfolded in true Florence fashion: dramatic, mystical, and steeped in raw emotion.
The Halloween broadcast marks one of the first full performances tied to Everybody Scream, the group’s first full-length album since 2022’s Dance Fever, which peaked at No. 7 on the Billboard 200 and at No. 1 on the U.K.’s Official Albums Chart.
Described by Welch as a fever dream of “witchcraft, mysticism, magic, poetry, and insanity,” the new LP taps into themes of mortality, rebirth, and feminine rage — inspired in part by the emergency surgery she underwent following a near-fatal ectopic pregnancy last year.
“The closest I came to making life was the closest I came to death,” Welch recently told The Guardian, adding that her creative recovery shaped much of the new project’s emotional scope.
Everybody Scream features the previously released singles “Sympathy Magic” and “Spell It Out,” both of which lean into the band’s darker sonic palette and mythic lyrical themes. The album drops on Oct. 31 via Republic Records.
Following the release, Florence + The Machine will head out on a North American headline tour in 2026. The Everybody Scream Tour kicks off in Minneapolis on April 8, with stops in New York, Los Angeles, Chicago, and Toronto. Support acts will include rising stars Rachel Chinouriri, CMAT, and Sofia Isella across select dates.
Tickets go on sale Wednesday, Nov. 5, at 10 a.m. local time, with a pre-sale beginning Monday, Nov. 3 at 12 p.m. local.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-10-31 03:49:232025-10-31 03:49:23Florence + The Machine Cover Lady Gaga’s ‘Abracadabra’ in Spooky SiriusXM Set
The multi-genre Wicked Oaks festival, which held its first edition in Austin, Texas, on Saturday and Sunday (Oct. 25-26), has released a statement addressing reports that multiple attendees were injured or killed during the event — and offered information on refunds for attendees impacted by the severe weather that forced temporary closures throughout the weekend.
According to festival organizers, there were no fatalities on the festival grounds, though two attendees were transported to hospitals on Saturday, while five were transported to hospitals on Sunday. “[Austin-Travis County] EMS has advised they are not aware of any deaths or critical patients among those transported from the festival,” the festival’s statement reads.
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The statement goes on to note that organizers “are also aware of a tragic vehicle accident in the Bastrop area, involving individuals traveling home after the event,” that killed one person, Anthony Pike, after “a truck ran a red light and caused the wreck.”
“Our community is small, and losses like this are felt deeply,” the statement continues. “We are profoundly saddened by this tragedy and extend our heartfelt condolences to Anthony’s family, friends, and all who are affected.”
Wicked Oaks organizers also acknowledged the severe weather that impacted all three days of the festival — including a “severe storm” that struck around 10 p.m. on Saturday, prompting “a site-wide evacuation” and forcing the festival to shut down for the remainder of the evening — and offered refund and reimbursement information for impacted attendees.
The festival says it’s offering a full refund to attendees who held Saturday single-day tickets; a 50% refund to two-day ticket holders; a hotel reimbursement for campers who had to secure alternate lodging on Friday when forecasts of heavy rain and lightning delayed the opening of the festival’s campgrounds; a 50% refund for attendees who paid to park in the festival’s Enchanted Overnight Parking areas, after the festival’s parking lots were deemed “unusable” on Sunday following rainstorms; and a full refund for attendees who paid to ride festival shuttles on Saturday. All qualifying refunds will be issued to the original form of payment.
Festival organizers instruct those requesting a hotel reimbursement to email an itemized receipt to contact@wickedoaksfest.com by midnight on Friday (Oct. 31).
“We are working closely with our multiple ticket providers to finalize the refund timeline,” the festival’s statement continues. “Because many guests purchased through payment plans, the process is more complex and requires coordination across several platforms. We understand the time, money, and planning that goes into a festival weekend. We are committed to resolving this quickly and will update everyone as soon as possible.”
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-10-31 02:03:102025-10-31 02:03:10Wicked Oaks Festival Addresses Death & Injury Reports, Offers Refund Information for Attendees After Severe Weather Issues
After a Korean judge ruled this week against NewJeans‘ efforts to break free from their label ADOR following the firing of their mentor, Kesha is showing love to the embattled K-pop girl group.
“My heart is with you NewJeans,” Kesha posted late Wednesday on X alongside a single red-heart emoji.
While Kesha has no public connection to NewJeans, she’s no stranger to a high-profile legal battle that puts artistic freedom in limbo. For nearly a decade, the “TiK ToK” singer was embroiled in competing lawsuits with her longtime music producer Dr. Luke. It started in 2014 when Kesha sued Dr. Luke, accusing him of sexual assault and abuse starting when she was a teenager, followed by the producer countersuing Kesha for defamation. The pop star sought to be released from her Kemosabe Records contract, but a judge ruled that she was obligated to continue making music under the Sony Music label.
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Following a #FreeKesha social media movement that included vocal support from Kelly Clarkson (another frequent Dr. Luke collaborator) and Lady Gaga, Kesha and Luke came to a joint resolution in 2023 ahead of the defamation trial.
It appears Kesha is paying it forward to the K-pop group, whose members include Minji, Hanni, Danielle, Haerin and Hyein. As the CEO of ADOR, Min Hee-Jin introduced NewJeans as the label’s first girl group in July 2022, and the quintet soared to international success, landing five songs on the Billboard Hot 100 and accepting the group of the year award at Billboard Women in Music in March 2024. Just months later, in August 2024, Hee-Jin was dismissed as CEO and later exited ADOR altogether.
NewJeans announced their intention in November of last year to terminate their contract with ADOR, which was followed by the label’s lawsuit. This week, a judge in Seoul ruled that Min’s firing as CEO was not sufficient grounds for NewJeans to void its seven-year exclusive contract with ADOR.
In a statement through their lawyers, shared by the Korea Times, NewJeans had this to say about the new ruling: “NewJeans members respect the court’s judgment, but it is impossible to return to this company and continue normal entertainment activities in the current situation where the trust relationship with ADOR is completely shattered.”
Earlier this year, NewJeans attempted to rebrand as NJZ, debuting the new song “Pit Stop” at ComplexCon Hong Kong in March and announcing a hiatus, before ADOR challenged their use of the new name while the legal battle moved forward.
In a podcast interview with Monica Lewinsky in July, Kesha opened up about what it was like to have to continue working with someone with whom you’re also in a legal battle.
“The recordings of my voice did not legally belong to me in the universe in perpetuity,” Kesha explained. “To then be delivering music to someone that you’re in litigation with … they’re in control of the promotion, of the budgets, all of it, the release, everything. For years. For 10 years. That was the only way I’d get out of the deal [with Kemosabe] was if I delivered the music.
“In my mind, it just felt like the biggest head-f— of all time,” the musician continued. “It still perplexes me, because it kind of makes no sense how the legal system could just watch this be happening and be like, ‘Yeah, that’s fine.’ It felt inhumane.”
Kesha made her independent debut over the summer with her latest album Period, which appropriately arrived on July 4, aka Independence Day.
https://i0.wp.com/neztelinc.com/wp-content/uploads/2020/10/station.nez_png.png?fit=943%2C511&ssl=1511943Yvetohttps://neztelinc.com/wp-content/uploads/2020/10/nez_png.pngYveto2025-10-31 01:41:342025-10-31 01:41:34Kesha Shows Support for NewJeans After K-Pop Group Loses ADOR Lawsuit: ‘My Heart Is With You’
Universal Music Group (UMG) reported solid growth across all three business units on Thursday (Oct. 30), with revenue rising 10.2% in constant currency to 3.02 billion euros ($3.53 billion). Early shipments of Taylor Swift’s The Life of a Showgirl, which had an Oct. 3 street date, helped UMG’s physical sales jump 23% year over year. But the quarter was dominated by subscription gains and strong publishing results. During Thursday’s conference call, the conversation was heavy on AI and UMG’s new partnership with the generative AI platform Udio.
Here are some main takeaways from UMG’s third-quarter results and executives’ comments during Thursday’s conference call.
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UMG Announced a Renewed Licensing Deal with YouTube
Usually, a major announcement regarding a leading streaming platform gets its own press release. But during Thursday’s conference call, CEO Lucian Grainge slipped news of UMG’s new licensing deal with YouTube into his opening remarks. It’s the company’s third licensing deal in its “Streaming 2.0” initiative and covers both recorded music and publishing. Previous Streaming 2.0 deals, which the company says prioritize artist-centric principles, were signed with Amazon in December and Spotify in January.
“The agreement includes all aspects of YouTube’s various music services and platforms, embodies our artist centric principles and drives greater monetization for artists and songwriters,” Grainge said. “And as part of our new YouTube deal, we’ve secured really important guardrails and protection for our artists and writers around Gen AI content.”
The Udio Partnership Furthers UMG’s Superfan Ambitions
Some people view a generative AI platform as a means to create music that competes with artists signed to both major and independent record labels. That may have been the common perception of Udio, a popular music-making platform that requires only simple text prompts to create fully formed songs. But on Thursday, UMG made it clear it views its newly signed licensing partnership with Udio as part of its ambitions to reach “superfans,” the people who spend the most time and money on music. That puts Udio in the same category as the long-awaited superfan tiers of subscription services such as Spotify.
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“What we’ve announced with Udio, and in terms of artist centricity, what’s significant there is that the product vision is to focus on a superfan experience for customization, a deep engagement [and] hyper-personalization of the experience for fans interacting through AI technology with the artists that they love,” chief digital officer Michael Nash explained during the conference call. Nash called Udio’s new platform, which will launch in 2026, a “subscription service [that] will transform the user engagement experience, creating a license to protect the environment, to customize, stream and share music responsibly on the audio platform.”
The Artist is Central to AI Music
UMG executives were coy when asked for specifics about the Udio partnership, but they repeatedly emphasized that any AI music platform that partners with UMG will have an artist-centric approach. Nash mentioned UMG’s just-announced partnership with Stability AI, a startup that builds generative AI models for audio and video, to create new tools that benefit its artists and songwriters.
“The economics of the music ecosystem are really driven by fans’ desire to engage with artists and by fans’ desire to participate in music culture,” Nash explained. “We’re envisioning products that deepen both of those things.” Nash pointed to UMG’s internal research of the U.S. market that revealed 50% of music consumers are interested in AI “in relationship to their music experience.” But fake artists ranked lowest amongst U.S. consumers. “There’s a lack of traction” amongst fake artists, he noted, “other than the occasional novelty phenomenon that may capture some headlines.”
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Short-Form Video Has Caused a “Disruption” in Ad-Supported Royalties
People love watching short videos on platforms such as TikTok and YouTube Shorts. Unfortunately for record labels and music publishers, newer short-form platforms don’t monetize music as well as older, long-form platforms with established advertising businesses. As a result, UMG’s streaming revenue — everything other than subscriptions — was flat in constant currency. Other than digital downloads, which were also flat, every other aspect of UMG’s recorded music division posted gains in the quarter. Nash said UMG’s recent licensing deals, including the one with YouTube that was announced during the conference call, were the result of “broad-based efforts” to address the “disruption” to ad-supported royalties caused by short-form video and efforts to better monetize it.
UMG is Making Progress with Japanese Music — Both Inside and Outside of the Country
Japanese music has a reputation for not traveling well, but Grainge highlighted the success of Japanese artists outside of their home country. In March, BABYMETAL signed to Capitol Music Group in the U.S. and, according to Grainge, became the first Japanese artist ever to reach the top 10 of the Billboard 200 album chart with its album Metal Forth. Earlier this year, Grainge added, UMG’s J-pop artist Ado played to 500,000 fans in 33 cities across Asia, Europe, the U.S. and Latin America. UMG fared well inside Japan, too, led by releases from Mrs. GREEN APPLE and Fujii Kaze, with strong sales there helping drive UMG’s 23% increase in physical sales.
Additionally, Grainge said that UMG recently increased its majority stake in Japanese label and artist management company A-Sketch by acquiring the minority stake of KDDI Corporation. UMG initially acquired its majority interest in February by purchasing the stake of the company’s co-founder, Amuse.
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The Best Subscription Growth in Q3 Came from Outside the U.S.
Growth in subscribers in the top 10 markets, not price increases, was the major factor in UMG’s 8.7% (in constant currency) subscription revenue growth, said CFO Matt Ellis. But the U.S. wasn’t at the top of the list. UMG saw double-digit subscription growth in China, Brazil and Mexico, while in the U.S., it saw high single-digit growth. Four of UMG’s top five streaming services delivered double-digit or high single-digit revenue growth.
With 8.7% subscription growth, UMG was within the 8% to 10% range it targets for long-term growth. Good thing, too, since investors see subscription growth as an all-important metric when assessing UMG’s market value. “We remain encouraged by the trajectory of the subscription business,” said Ellis.
SiriusXM Holdings saw quarterly revenue slip 1% year-over-year to $2.16 billion, though it reversed a loss from a year ago to generate $297 million in positive net income, the company reported Thursday (Oct. 30).
That turnaround — Sirius reported a net loss of $2.96 billion in the third quarter of 2024, stemming from the Liberty Media transaction — helped push the company’s share price up by more than 10% to $23.19 at the market’s close on Thursday.
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While the company reported lower subscriber revenue and higher royalties and customer acquisition costs, years of cost-cutting and workforce reductions helped to offset those pressures. Sirius’ adjusted earnings before interest, tax, deductions and amortization (EBITDA) fell roughly 2.5% to $676 million from $693 million a year ago, but with an adjusted EBIDTA margin of 31%, Sirius executives raised their 2025 financial target by $25 million across revenue, EBITDA and free cash flow.
“We are confident improvements in our business will drive continued growth in free cash flow towards our target of $1.5 billion by 2027 and beyond,” SiriusXM CEO Jennifer Witz told investors on a conference call.
SiriusXM self-pay net subscribers decreased by approximately 40,000 in the third quarter, bringing the total number to around 33 million. While that was in line with expectations, Witz said, the company hopes that new programming — like an Ed Sheeran pop-up channel and concert, and a Taylor Swift channel launched to celebrate her new album — will offset losses in the fourth quarter.
Churn among subscribers who pay their bills monthly and the number of trial customers improved compared to last year by 1.6% and 1.4%, respectively. Trial customers stood at 7.4 million at the end of the quarter, down from 7.6 million at the end of the second quarter of 2025 but up slightly from 7.3 million at the end of the third quarter of 2024. The company ended the quarter with approximately 33 million total subscribers.