Shows by the Eagles and Anyma as well as Formula 1's Las Vegas Grand Prix helped generate operating income of $32.9 million.
Both radio companies cut costs and restructured debt in 2024, but revenue growth remains elusive.
The performance rights organization reports domestic royalties increased 5.3% in 2024.
The company says operating profit will rise in 2025 with the return of superstars BTS and improved profitability from Weverse.
Through mid-February, 2025 stadium shows are up 60% from the prior-year period and 65 million tickets have been sold for Live Nation concerts, a double-digit annual increase.
The Chinese music streaming company’s music subscription revenue soared as its social entertainment revenue sagged.
Revenue fell 6% to $29.4 million in the streaming company's fiscal third quarter ended Dec. 31, though nine-month revenue was up 8.7%.
Also, big releases from ATEEZ and Tyler, the Creator help bolster the third quarter earnings for the second-biggest major music company.
To help boost shareholder returns, the K-pop company's board of directors agreed to retire the remaining 2% of treasury shares.
Total quarterly income, recorded music and streaming income fell, but cost-cuts freed up money to invest in A&R and buy Tempo's music catalog.
