MUSQ News | Roxom Stocks

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Sony Music Publishing Lands Iconic Song Catalog In Major Blackstone DealSony Music Publishing agreed to acquire Recognition Music Group's full catalog from Blackstone in a ~$4 billion deal, adding over 45,000 songs from major artists to its portfolio. The acquisition supports Sony's strategy to expand its music rights business and recurring royalty-driven revenue streams. Sony shares rose 2.53% on the news, while the broader market gained momentum with the Nasdaq up 0.90% and S&P 500 up 0.49%.Benzinga · May 13, 2026

What's Going On With Tencent Music Stock Today?Tencent Music (TME) plans to acquire Ximalaya Inc., a Chinese audio platform, for $1.26 billion cash and stock. The deal expands TME's content beyond music into podcasts and audiobooks, awaiting regulatory approval.Benzinga · Jun 10, 2025

Cher An Icon, Beyonce An Innovator - iHeartRadio Hosts Star-Studded 2024 Music AwardsThe 2024 iHeartRadio Music Awards saw performances from a diverse range of artists across genres. Ludacris, Justin Timberlake, Green Day, TLC, Jelly Roll, Lainey Wilson, Tate McRae, and Latto all performed at a spectacular event that showcased the immense talent of the music industry. Speaking of the talent and variety, this year's host, Ludacris, said ahead of the event, “I love that you got Jelly Roll on here, you got Lainey Wilson, you got Justin Timberlake. I just want to be a part of greatness. There’s so much talent, so much energy and so much stuff to look forward to." Certain artists were honored with pre-announced awards; Beyonce took home the Innovator Award, while Jennifer Hudson joined Cher in a duet of "Believe," as the pop legend received the Icon Award. Full story available on Benzinga.comBenzinga · Apr 4, 2024

Taylor Swift Had A Monster Year, As Did The Music Industry - Global Recorded Music Revenue Grows 10.2% As Streaming BoomsThe biggest music artist, Taylor Swift, brought in more money this year than most corporations. According to an estimate from Billboard.com, she generated a whopping $1.82 billion in 2023. Swift, in a record-setting year that included being named TIME Person of the Year and winning both Album and Song of the Year at the 66th GRAMMYs, made much of the 1.82 billion on the back of her Eras Tour, which grossed over $1 billion including ticket sales and merchandise. The Industry But it wasn't just Swift and her business partners that made major money last year. According to the annual IFPI report, global recorded music revenue topped $28.6 billion, rising 10.2% YoY. An alternative report from MIDiA Research puts the global number at an even more impressive $35.1 billion. Although the IFPI report has traditionally been considered the industry standard, many people see MIDiA's research ...Full story available on Benzinga.comBenzinga · Mar 27, 2024

Thematic Music ETF (MUSQ) Prepares To Strike A Chord As Indicators Point To Upbeat MomentumMUSQ Global Music Industry ETF (ARCA: MUSQ) was trading flat on Thursday, forming an inside bar pattern near the top of the green Marubozu candlestick, which was printed on Wednesday. The thematic ETF provides concentrated exposure to the complete music ecosystem, covering streaming, content and distribution, live music events and ticketing, satellite and broadcast radio, equipment and technology, and artificial intelligence. The fund holds multiple stocks that encompass the variety of companies and technologies the music industry is dependent upon. Read Next: From The Oscars To The Stock Market: How Music Shaped the Night As Billie Eilish, Mark Ronson, Robbie Robertson Took Center Stage Trending: Reddit Stock Opens For Trading At $47: Everything You Need To Know Recently, many of the pure-play music stocks within the fund have been climbing the charts, indicating investors have become increasingly bullish on the industry. Sphere Entertainment Co (NYSE: SPHR) surged 91% between Dec. 5 and March 8 before entering a consolidation period and is the sixth ...Full story available on Benzinga.comBenzinga · Mar 21, 2024

From The Oscars To The Stock Market: How Music Shaped the Night As Billie Eilish, Mark Ronson, Robbie Robertson Took Center StageAmidst the star-studded affair of the 96th Academy Awards, one undeniable truth echoed throughout the night: music is the heartbeat of cinema. The biggest winner on March 10 was Christopher Nolan’s “Oppenheimer,” which was nominated for 13 awards and took home seven Oscars, including Best Motion Picture of the Year. But the score written for the film, by Swedish-born Ludwig Göransson, helped to leave a lasting impression on viewers long after the credits rolled. For Göransson’s ability to weave intricate compositions, enhancing the audience’s emotional connection to the story, he took home the award for Best Original Score. Although “Oppenheimer” won the most Oscars of the night, it was undeniable that the spotlight belonged to “Barbie.” For the movie, Billy Eilish and Finneas won best original song for “What Was I Made For,” and their performance at the event made it clear that without these captivating songs in movies, the silver screen would lack the very soul that stirs our emotions and fuels our imaginations. Read Next: Full story available on Benzinga.comBenzinga · Mar 14, 2024

Surging Stocks: These Music Industry Picks See Boost After Exceeding ExpectationsSpotify Revenue: $4.05 billion, up 16% from the previous year. Operating expenses: $953 million, down 15.2% from the previous year. Net loss: $76.25 million, down 74% from the previous year. Earnings per share: -0.36, up 74.3% from the previous year. Spotify Technology (NYSE:SPOT) easily exceeded guidance set for new users. The company added 10 million – 1 million were expected – active users to its platform in Q4, bringing its 2023 number up to 31 million new users. In an effort to reach profitability, the company cut roughly 17% of its workforce as well as introducing a price hike for the first time 10 years. Despite still reporting a net loss and slightly missing earnings targets, the growth of users and reduced costs sat well with ...Full story available on Benzinga.comBenzinga · Mar 7, 2024

Travis Scott, Billie Eilish, Dua Lipa, Jon Batiste: 2024 GRAMMYs Set For Knockout Year - How Can Investors Capitalize?Travis Scott, Luke Combs, and Burna Boy have just been announced as new additions to the cohort of artists performing at the 66th GRAMMY Awards. The three will join an already impressive lineup that includes the likes of Billie Eilish, Dua Lipa, and Olivia Rodrigo. The hotly anticipated award show will air live on February 4th. at 8 p.m. ET on CBS and will be hosted by Two-time GRAMMY-nominated comedian and former "The Daily Show" host Trevor Noah. Swift Sweep? Taylor Swift has already made history heading into the 66th edition. She’s up for Song of the Year for her hit single “Anti-Hero”. This marks her 7th nomination in the category, surpassing Sir Paul McCartney and Lionel Richie, each with six. And Swift has the chance to make history again if she can bring home Album of the Year, which would mark her 4th win, the most for any artist. Billie’s Big Night Taylor Swift isn’t the only artist with a chance ...Full story available on Benzinga.comBenzinga · Jan 25, 2024

Kanye West Installs $850K Permanent Titanium Teeth And Films 40-Minute 'Apology' Video Ahead Of New Album With Ty Dolla $ignKanye West has been in the news this week as social media blew up with rumors that he had completely replaced his teeth with permanent titanium teeth. This has proved to be almost true. The controversial rapper and producer did not, in fact, remove his teeth. His human teeth remain. Instead, Ye had a structure made entirely of titanium permanently affixed to his jaw, covering his teeth. The procedure cost $850 thousand. The Apology Kanye more or less set his career on fire last year when he made a series of increasingly anti-Semitic comments, including a truly bizarre appearance alongside Alex ...Full story available on Benzinga.comBenzinga · Jan 19, 2024

Tuning into Growth: Amazon Stock and MUSQ ETF Ride High on Music Streaming SurgeTuning into Growth: Amazon Stock and MUSQ ETF Ride High on Music Streaming SurgeAmazon.com, Inc (NASDAQ: AMZN) was consolidating mostly flat on Tuesday after rising about 2.7% on Monday and bursting up through the psychologically important $150 level. The MUSQ Global Music Industry ETF (ARCA: MUSQ), which holds a 7.8% weighting of Amazon making the e-commerce and streaming giant the fund’s largest holding, was spiking up about 0.7% higher, continuing to trek north from the break of a bull flag, which Benzinga called out on Dec. 5. Amazon, like Apple (NASDAQ: AAPL), runs a music streaming services division that competes with music streaming giant Spotify Technology S.A. (NYSE: SPOT). MUSQ, which provides concentrated exposure to the complete music ecosystem, covering streaming, content and distribution, live music events and ticketing, satellite and broadcast radio, equipment and technology, and artificial intelligence, holds a 7.18% weighting of Apple ...Full story available on Benzinga.comBenzinga · Dec 19, 2023

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