Elizabeth Dilts Marshall

New York

Senior Finance Correspondent and Writer at Billboard

Financial journalist writing about the music industry for @Billboard, formerly @Reuters, @ColumbiaJourn grad https://t.co/KVqr9h0Al4

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Articles

Tencent Music Acquires 2% Stake in Universal Music Group

1 day ago | billboard.com | Elizabeth Dilts Marshall

Tencent Music Entertainment Group in Hangzhou city, Zhejiang province, China on Nov. 29, 2024.
Tencent Music’s Streaming Subscriptions Jump 17%, Driving Strong Profit and Revenue Growth

1 day ago | billboard.com | Elizabeth Dilts Marshall

Tencent Music Entertainment Group in Hangzhou city, Zhejiang province, China on Nov. 29, 2024. CFOTO/Future Publishing via Getty Images Tencent Music Entertainment (TME) said on Tuesday a 17%-surge in music subscription revenue drove higher first quarter revenue for China’s fast-growing streaming platform.
UMG Appoints Former Verizon Exec Matt Ellis Chief Financial Officer

2 days ago | billboard.com | Elizabeth Dilts Marshall

Matt Ellis UMG, Universal Music Group Lisa Rayman Goldfarb Universal Music Group appointed former Verizon and Tyson Foods executive Matt Ellis to be its new chief financial officer, starting June 9, according to a press release. Ellis previously served as CFO and executive vice president at Verizon Communincations.
Concord Grows Theatrical Catalog Business With Broadway Licensing Global Acquisition

5 days ago | billboard.com | Elizabeth Dilts Marshall

Concord said Friday it agreed to buy Broadway Licensing Global (BLG) in a deal that further expands the independent recorded music and publishing company’s market-leading position owning and licensing theatrical scores, according to a press release. BLG’s family of companies includes Broadway Licensing, Dramatists Play Service, Playscripts and Stage Rights, will be incorporated under Concord Theatricals.
Warner Music Group Revenue Slips 1% On Lower Recorded Music Sales, Currency Losses

1 week ago | billboard.com | Elizabeth Dilts Marshall

Robert Kyncl at the Billboard Power 100 Event held at NeueHouse Hollywood on January 31, 2024 in Los Angeles, California.
Diddy Radio Airplay Down 86% Amid Sex Trafficking Trial: Luminate Data

1 week ago | billboard.com | Ed Christman |Elizabeth Dilts Marshall

As the sex trafficking trial against Sean “Diddy” Combs kicks off with jury selection in New York this week, radio DJs have all but dropped the Bad Boy Records founder’s catalog from their airwaves, Luminate data reviewed by Billboard shows. Songs by Puff Daddy, P. Diddy and Diddy accrued just 1,671 airplay spins year to date, an 86% decline from the same time frame last year when the artists’ catalog racked up 11,870 airplay spins, according to Luminate.
2025 Q1 Earnings: Here’s What Every Music Company Made

1 week ago | billboard.com | Elizabeth Dilts Marshall

Earnings Report Andrei Cojocaru While many public companies are struggling amid the backdrop of macroeconomic uncertainty and the looming threat of global tariffs, music company executives are beating the drum for music as a stable place to invest.
SiriusXM Quarterly Revenue Falls 4% on Lower Subscriber Revenue

1 week ago | billboard.com | Elizabeth Dilts Marshall

Audio entertainment giant SiriusXM reported declines in first quarter revenue and net income on Thursday. Revenue declined 4% to $2.07 billion and net income declined 15% to $204 million for the quarter ending March 31 compared to the year-ago period. Lower operating expenses from staff cuts and the reversal of Sirius’s streaming strategy partly offset the declines, and SiriusXM’s share price was trending downward, by about -3.4%, as of noon in New York.
Deezer Ekes Out Quarterly Revenue Increase on Growing Subscriber Base in France

2 weeks ago | billboard.com | Elizabeth Dilts Marshall

Deezer Lionel Bonaventure/AFP/Getty Images Deezer’s total quarterly revenue edged 1.1% higher in the first quarter of 2025, the French streaming company reported on Tuesday (April 29), as its top executive reiterated the company’s target to achieve profitability this year.
Spotify Reports 12% Rise in Paid Subscribers for $4.5 Billion First Quarter Revenue

2 weeks ago | billboard.com | Elizabeth Dilts Marshall

Spotify’s first quarter revenue rose 15% as its subscriber base increased 12%, the company’s highest first quarter subscriber gains since early in the COVID-19 pandemic, the company reported on Tuesday. The music and podcast streaming giant reported total revenue of 4.2 billion euros ($4.54 billion) in the quarter ending March 31, and total paying subscribers of 268 million, according to filings.

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Elizabeth Dilts Marshall @eadilts

11 May 23

How AI Brought Biggie Back From the Dead --and he's only the latest artists to be resurrected with AI https://t.co/kdrinBN8fa via @billboard

Elizabeth Dilts Marshall @eadilts

14 Mar 23

Metallica Sells So Much Vinyl It Just Bought Its Own Pressing Plant https://t.co/tYCsFqQBw7 via @billboard

Elizabeth Dilts Marshall @eadilts

4 Feb 23

RT @wordsbykristin: Just broke this news: Juice WRLD catalog sells for 9 figures @billboard @billboardpro @billboardhiphop 🕵️‍♀️ https://t…

Elizabeth Dilts Marshall

Articles

Tencent Music Acquires 2% Stake in Universal Music Group

Tencent Music’s Streaming Subscriptions Jump 17%, Driving Strong Profit and Revenue Growth

UMG Appoints Former Verizon Exec Matt Ellis Chief Financial Officer

Concord Grows Theatrical Catalog Business With Broadway Licensing Global Acquisition

Warner Music Group Revenue Slips 1% On Lower Recorded Music Sales, Currency Losses

Diddy Radio Airplay Down 86% Amid Sex Trafficking Trial: Luminate Data

2025 Q1 Earnings: Here’s What Every Music Company Made

SiriusXM Quarterly Revenue Falls 4% on Lower Subscriber Revenue

Deezer Ekes Out Quarterly Revenue Increase on Growing Subscriber Base in France

Spotify Reports 12% Rise in Paid Subscribers for $4.5 Billion First Quarter Revenue

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