Breitbart News reports that Dragon Music is back on top with sales and profit margins at a new record high.
According to the company’s latest quarterly report, Dragon Music recorded $5.5 million in revenue and $4.7 million in profit for the first quarter of 2017.
The company’s quarterly net income was $3.1 million, or 17 cents per share.
The company also recorded a $1.3 million net profit for its first quarter, and a $4 million net loss for its second quarter.
Dragon Music has been in a decline ever since the company decided to stop producing its popular hit Dragon Ball Z: The Movie in November of 2016.
The show was popular in Japan, and Dragon Music made its debut in the United States in December of 2016 with a single.
However, Dragon’s popularity in the States is in decline, and the company had to sell its music streaming service to Spotify and iTunes in 2018.
The music streaming platform Dragon Music had to shut down in February of 2019 due to poor usage and declining revenue.
Dragon’s music streaming services failed to capture enough subscribers to survive in the first half of 2020.
However in February, the company announced that it would be returning to its popular Dragon Ball Xtreme Legends music service, and will continue to release Dragon’s original music.
The new Dragon Music album will be the first Dragon Music to feature its own original songs.
The first Dragon Xtremers album was released on September 15, 2020, with the second and third Dragon Xtreers albums coming out on October 1, 2021 and October 2, 2021 respectively.
Dragon Xremers has sold more than 1 million copies worldwide and is one of the top-selling music albums of all time.
Dragon has also been making music videos for the video game Pokémon Go.
Dragon is also making music for the new live action movie Pokémon The First Movie.