NO SMALL CHANGE FOR BEGGARS

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		HITS LIST: HORSEPOWER VRRMMMM (5/17a) Check It Out Now NEAR TRUTHS: VARIANTS Celebrity death match underway on album chart (5/17a) Check It Out Now OH, TANNENBAUM! ANOTHER GREAT CAREER HITS THE SKIDS Another talented journalist trapped in the career cul de sac (5/17a) Check It Out Now THE COUNT: LIVE NATION TAPS TYLER, POST, BLINK FOR TOP U.S. FESTS Cornering the market on surefire headliners (5/17a) Check It Out Now STAPLETON, WILSON BIG WINNERS AT THE ACMs A genre mash-up at the home of the Cowboys (5/17a) 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.