Hit songs and albums from Bebe Rexha, the Rolling Stones and Lewis Capaldi drove 5.7% in organic revenue growth for the German music company
For the fourth straight year, streaming revenue accounted for between 83% and 84% of the overall business, while the number of average paid subscribers hit 96.8 million.
The nation’s record market lifted by 10.9% to A$676 million, powered by subscriptions to music streaming brands.
A competing bid from a group including CEO Denis Ladegaillerie violates rules around tender offers, the board says.
The Billboard Global Music Index rose 1.3% to a record 1,719.66 this week, bringing its year-to-date gain to 12.1%.
This week's most important music industry stories in Canada.
The veteran executive will help oversee next year's 100th anniversary of the Nashville institution.
Also this week: AEG Presents partners with the LIV Golf league, Notes Live is selected to build a 20,000-capacity amphitheater in Texas and more.
LeToya Luckett, Bryan-Michael Cox and Estelle also among featured participants at Valeisha Butterfield-founded event March 22-24 in Los Angeles
The total figure is the highest mark since 1999, not counting for inflation, while the number of paid streaming subscriptions passed 500 million for the first time.
