Sony Posts $2.77B in Q2 Music & Publishing, Up 8.8%
Bad Bunny was the company’s biggest selling artist over the last quarter
Sony Music Entertainment’s (SME) recorded music and publishing arms achieved revenue growth of 8.8% YoY in Q2 (fiscal Q1 2025), generating $2.768 billion across the quarter. NB. Sony reports in Japanese Yen, and these figures (and those below) are based on USD conversion rates, as calculated by Music Business Worldwide.
Recorded music:
Sony’s global recorded music operation generated $2.09 billion in calendar Q2, up 8.4% YoY on a USD basis.
Streaming (subscription and ad-funded) generated $1.36 billion, up 7.3% YoY.
Physical music sales were up 19.0% YoY to hit $180 million.
The ‘Other’ category – comprised of license revenue, merchandising and live performance income – generated $481 million, up 3.1% YoY.
The biggest recorded music project in the quarter was Bad Bunny’s DeBÍ TiRAR MáS FOToS.
Music publishing:
The company’s global music publishing business generated $683 million in the quarter, up 9.9% YoY at the US dollar level.
Approximately $392 million of that revenue came from streaming, up 8.0% YoY.
Sony Music Entertainment’s (SME) recorded music and publishing arms achieved revenue growth of 8.8% YoY in Q2 (fiscal Q1 2025), generating $2.768 billion across the quarter. NB. Sony reports in Japanese Yen, and these figures (and those below) are based on USD conversion rates, as calculated by Music Business Worldwide.
Recorded music:
Sony’s global recorded music operation generated $2.09 billion in calendar Q2, up 8.4% YoY on a USD basis.
Streaming (subscription and ad-funded) generated $1.36 billion, up 7.3% YoY.
Physical music sales were up 19.0% YoY to hit $180 million.
The ‘Other’ category – comprised of license revenue, merchandising and live performance income – generated $481 million, up 3.1% YoY.
The biggest recorded music project in the quarter was Bad Bunny’s DeBÍ TiRAR MáS FOToS.
Music publishing:
The company’s global music publishing business generated $683 million in the quarter, up 9.9% YoY at the US dollar level.
Approximately $392 million of that revenue came from streaming, up 8.0% YoY.
Sony Music Entertainment’s (SME) recorded music and publishing arms achieved revenue growth of 8.8% YoY in Q2 (fiscal Q1 2025), generating $2.768 billion across the quarter. NB. Sony reports in Japanese Yen, and these figures (and those below) are based on USD conversion rates, as calculated by Music Business Worldwide.
Recorded music:
Sony’s global recorded music operation generated $2.09 billion in calendar Q2, up 8.4% YoY on a USD basis.
Streaming (subscription and ad-funded) generated $1.36 billion, up 7.3% YoY.
Physical music sales were up 19.0% YoY to hit $180 million.
The ‘Other’ category – comprised of license revenue, merchandising and live performance income – generated $481 million, up 3.1% YoY.
The biggest recorded music project in the quarter was Bad Bunny’s DeBÍ TiRAR MáS FOToS.
Music publishing:
The company’s global music publishing business generated $683 million in the quarter, up 9.9% YoY at the US dollar level.
Approximately $392 million of that revenue came from streaming, up 8.0% YoY.
👋 Disclosures & Transparency Block
- This story was written with information sourced from Sony Music’s press release, with additional reporting by Music Business Worldwide.
- We covered it because it’s the Q2 financial details of one of the major labels.
📨 Subscribe to NIF
Get news dropped in your inbox 👇
📨 Subscribe to NIF
Get news dropped in your inbox 👇
Related Articles
Business & Finance
Sep 18, 2025
1 min read
German PRO GEMA to Lower ‘On-Demand’ Music Commission
The cuts will boost annual payouts by $7m
Business & Finance
Sep 18, 2025
1 min read
UK Music Managers Add £714 Million in Value to the Nation’s Music Industry
For every £1 invested in managers, £8 is generated for the wider sector
Business & Finance
Sep 15, 2025
1 min read
BBC to Launch First New Radio Stations in 23 Years
The three new stations will premiere this month
German PRO GEMA to Lower ‘On-Demand’ Music Commission
The cuts will boost annual payouts by $7m
Rod Yates
Business
Sep 18, 2025
UK Music Managers Add £714 Million in Value to the Nation’s Music Industry
For every £1 invested in managers, £8 is generated for the wider sector
Rod Yates
Business
Sep 18, 2025
BBC to Launch First New Radio Stations in 23 Years
The three new stations will premiere this month
Harry Levin
Business
Sep 15, 2025
Finnish Firm Backbone Management Launches in the UK
The operation will be led by Adam Sagir
Rod Yates
Business
Sep 15, 2025
Big Family Music Unifies Operations, Partners with Stem
The roster includes Master Peace, Amber Mark, SG Lewis and more
Rod Yates
Business
Sep 10, 2025
StubHub Pursues IPO, Targets $9bn Valuation
This despite its disappointing H1 2025 financials
Rod Yates
Business
Sep 9, 2025
