NO SMALL CHANGE FOR BEGGARS

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		HITS LIST IN BLOOM From the desert to the sea (4/15a) Check It Out Now ON THE COVER: AARON BAY-SCHUCK AND TOM CORSON Bunny's hoppin' again. (4/15a) Check It Out Now DESERT HEAT: PAUL TOLLETT The cat in the hat is calling the shots. (4/15a) Check It Out Now THIS HITS PHOTO GALLERY IS WANDERING IN THE DESERT Photographic proof of the weaselfest (4/15a) Check It Out Now THE COUNT: SUPERSTARS TO SURPRISE AT COACHELLA? The latest tidbits from the vibrant live sector (4/12a) Check It Out Now
		THE NEW UMG Gosh, we hope there are more press releases. TIKTOK BANNED! Unless the Senate manages to make this whole thing go away, that is. THE NEW HUGE COUNTRY ACT No, not that one. TRUMP'S CAMPAIGN PLAYLIST Now 100% unlicensed!

Blighty Beat

NO SMALL CHANGE FOR BEGGARS

8/21/17

How much does the largest U.K. indie earn in a year? We’re glad you asked. Beggars Group filed its annual accounts last week, revealing revenues of £70.6m ($96m) in 2016, and a net profit of £11.9m ($16m). Beggars' 2016 numbers are slightly down—3.3%—on 2015’s revenues of £72.9m and £12.9m net profit, which is down 8.4%. Gross profit, however, was up last year by 12.6% to £19.6m from 2015’s £17.4m.