Streaming still paying off for UMG with 18.6% revenue growth
Posted on: 26 juillet 2019, by : Stuart Dredge

Stop us if you’ve heard this one before: streaming is paying off rather well for the world’s largest music company. Universal Music’s revenues grew by 18.6% year-on-year for the first half of 2019, according to yesterday’s financial results from its parent company Vivendi. The company’s revenues were €3.26bn (around $3.68bn), with UMG’s recorded-music revenues growing […]
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Source: Music ally

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