Avex Approaches $1 Billion in Revenue for 2025, Boosted by Live Entertainment

Japanaese publishing company Avex Inc. said on Friday (May 15) the company generated $971 million in revenue in its latest fiscal year, showing double-digit growth from the prior fiscal year delivered higher income from concerts by artists like XG .

Revenue from Avex’s Music business, which includes  Kehlani  co-writer Kamal Wilson,  Drake  co-writer Elkan and Tate McRae co-writer Grant Boutin on its roster, was up 6.8% $810 million driven primarily by 17.4% growth in live-related revenue of $354 million. Revenue from Avex Music’s digital music distribution business also increased by 12.5% to $103 million on increased streaming.

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The company returned to profitability reversing a $12 million loss in fiscal 2024 to generate $27 million in operating profit in fiscal 2025, as the music group notched momentum-building wins like signing Bruno Mars  to a global music publishing administration partnership starting this summer.

In April, Avex announced plans to invest $100 million into music copyrights, companies and publishing catalog acquisitions over the coming 12 months. The company said it expects to generate $40 million in operating profit in fiscal 2026 amid these longterm investments.

“Our FY2025 results reflect meaningful progress as we continue transforming Avex into a more globally integrated entertainment and intellectual property company,” said Katsumi Kuroiwa , CEO of Avex. “We are seeing strong momentum across recorded music, publishing, live entertainment, anime, and international rights management while continuing to strengthen the long-term earnings profile of the company. Our strategy remains focused on building world-class artists, creators, and intellectual property with a long-term global perspective.”

Avex’s gross margin expanded to 28.5%, and net income attributable to shareholders improved more than 200% to $24 million.

_Originally reported by [Billboard](https://www.billboard.com/pro/avex-2025-revenues-near-1-billion/)._