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Spotify, SiriusXM Stand Out This Earnings Season Amid Virus Crisis

Usa virus pandemic crisis
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www.hollywoodreporter.com
hollywoodreporter.com:

Entertainment companies this earnings season have spent much time discussing the novel coronavirus pandemic's impact on TV advertising revenue, film units and theme parks divisions.

But audio entertainment trends have surprised Wall Street on the upside, providing a bright spot amid the virus crisis. Streaming music giant Spotify and satellite radio powerhouse and Pandora owner SiriusXM both reported better-than-expected results and trends.

And some Americans say they're listening to music streaming services more amid the pandemic than they were before the novel coronavirus hit stateside.

About 18 percent of U.S. respondents in a new Hollywood Reporter/Morning Consult poll say they listen to music via a streaming service more as many states.

Read more on hollywoodreporter.com
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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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