-- Warner Music Group Corp. stock dropped the most in 18 months after the company reported disappointing fourth-quarter results and said streaming growth stalled. Recorded music streaming revenue increased 2.1% in the quarter, a significant slowdown from the 9.6% growth in the same period a year earlier and softer than some analysts expected. In the first quarter, “streaming growth will …
Bhubaneswar: Odisha, which has of late emerged as one of the most favourite investment destinations for manufacturing and service sector players, seems to be hugely benefiting from the sweeping power sector reforms. “With several milestones crossed in the past three years, including an increase in new connections, job creation for fifty thousand people, industrial linkages to over five thousand facilities, …
The BCCI reaffirmed its status as the financial powerhouse of world cricket as the ICC unanimously passed the revenue distribution model at its all-powerful board meeting in Durban on Thursday. While the ICC media release didn't state the quantum of revenue that the BCCI will generate from the new distribution model, it is expected that the Indian board will annually …
Paytm has further cemented its leadership in merchant payments. “We continue to strengthen our leadership in offline payments, with 71 lakh merchants now paying subscription for payment devices, an increase of 3 lakh in the month of April 2023. With our subscription as a service model, the strong adoption of devices drives subscription revenues and higher payment volumes, while increasing …
