Sony Music Entertainment (SME) posted a double-digit Q4 2022 revenue jump as streaming and publishing earnings continued to grow. The Big Three label’s Q4 2022 showing came to light in an earnings analysis from the overarching Sony Group today. According to the document, Sony Music Entertainment’s income for October, November, and December of last year totaled ¥313.21 billion ($2.44 billion), up from ¥235.69 billion ($1.83 billion) during the same stretch in 2021.
Source: Sony Music Posts Q4 2022 Revenue Jump As Streaming Thrives