In accrual accounting, these uncollected revenues need to be accounted for. The same applies to expenses. If a company incurs an expense, it needs to be recorded even if it hasn’t been paid yet.

Streaming revenue now accounts for 60 percent of total revenue as of 2024, making it "bigger than the entire recorded music ...

Record revenue of £3.3 billion and ’continued cost discipline’ contribute to carrier’s highest-ever annual pre-tax earnings ...

For the first time, streaming’s share of total recorded music revenue did not increase from the previous year, according to MIDiA Research’s latest annual tally. In 2024, streaming accounted ...

To handle accrued expenses efficiently, it's important to stay on top of outstanding obligations and revise budgets ...

Achieved record annual gross revenue of $46.0 million, representing a 32% increase from $34.9 million in 2023.Fourth ...