BMG revenues and profits both up in first half of 2017
Posted on: 1 septembre 2017, by : Stuart Dredge

It wasn’t just Universal Music posting new financials this week. BMG (through its parent group Bertelsmann) has also revealed its latest figures, with encouraging growth in both revenues and profits.
BMG generated revenues of €233m ($277m) in the first half of 2017, up 28% year-on-year. Meanwhile, the music company’s operating EBITDA (earnings before interest, tax, depreciation and amortisation) grew by 25% to €40m ($48m) over the same period.
The post BMG revenues and profits both up in first half of 2017 appeared first on Music Ally.
Source: Music ally

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