You will be redirected back to your article in seconds

Music portal ArtistDirect posts loss

Shares fall while revenues rise

Music portal ArtistDirect reported a net loss of $14 million Wednesday, compared with a loss of $5.5 million for the same period a year ago. Revenues were up to $5.6 million from $2 million for the second quarter last year. Shares of ArtistDirect fell about 2% to close at $3.31. Besides being a network of Web sites and e-commerce outlet for musicians like Tori Amos, the Backstreet Boys and k.d. lang, ArtistDirect operates a record label and a talent agency.

More Biz

  • --FILE--Wang Jianlin, Chairman of Dalian Wanda

    China’s Wanda Suffers Financial Declines in 2017

    Music portal ArtistDirect reported a net loss of $14 million Wednesday, compared with a loss of $5.5 million for the same period a year ago. Revenues were up to $5.6 million from $2 million for the second quarter last year. Shares of ArtistDirect fell about 2% to close at $3.31. Besides being a network of […]

  • Sag Awards Preview

    How to Watch SAG Awards 2018 Online

    Music portal ArtistDirect reported a net loss of $14 million Wednesday, compared with a loss of $5.5 million for the same period a year ago. Revenues were up to $5.6 million from $2 million for the second quarter last year. Shares of ArtistDirect fell about 2% to close at $3.31. Besides being a network of […]

  • Women's March rallyWomen's March rally, New

    Celebrities Champion LA, NYC Women's Marches: 'March On, My Sisters!'

    Music portal ArtistDirect reported a net loss of $14 million Wednesday, compared with a loss of $5.5 million for the same period a year ago. Revenues were up to $5.6 million from $2 million for the second quarter last year. Shares of ArtistDirect fell about 2% to close at $3.31. Besides being a network of […]

  • Thousands of people gather holding protest

    Marchers Reference 'Get Out,' 'Black Mirror' at New York City Women's March

    Music portal ArtistDirect reported a net loss of $14 million Wednesday, compared with a loss of $5.5 million for the same period a year ago. Revenues were up to $5.6 million from $2 million for the second quarter last year. Shares of ArtistDirect fell about 2% to close at $3.31. Besides being a network of […]

  • Los Angeles Women's March

    How to Watch the Los Angeles Women’s March Online

    Music portal ArtistDirect reported a net loss of $14 million Wednesday, compared with a loss of $5.5 million for the same period a year ago. Revenues were up to $5.6 million from $2 million for the second quarter last year. Shares of ArtistDirect fell about 2% to close at $3.31. Besides being a network of […]

  • Lori Mccreary and Gary Lucchesi PGA

    How Harvey Weinstein Drove the PGA to Combat Sexual Harassment on Set

    Music portal ArtistDirect reported a net loss of $14 million Wednesday, compared with a loss of $5.5 million for the same period a year ago. Revenues were up to $5.6 million from $2 million for the second quarter last year. Shares of ArtistDirect fell about 2% to close at $3.31. Besides being a network of […]

More From Our Brands

Access exclusive content