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Hace 1 día · Streaming and subscriptions makes up about half of Universal’s total revenue. The unit’s revenue rose by 4 per cent in the most recent quarter to €1.5bn. This compares with annual growth of ...
Hace 1 día · However, the major label has raised an alarm about slowing subscriber growth at some of the biggest global streaming services. UMG’s Q2 numbers showed revenues up 8.7% year-on-year to €2.93bn ($3.18bn at current exchange rates) with recorded-music revenues up 5.8% and publishing up 10.1%.
Hace 1 día · Universal Music Group, the world’s largest music company, has reported a mixed second quarter for 2024, with revenue of $3.2 billion, an increase of 8.7% year-over-year, or 9.6% in constant ...
Hace 1 día · BY THE NUMBERS. Universal recorded subscription revenue of 1.137 billion euros for the second quarter, below Visible Value consensus of 1.179 billion euros. Streaming revenues came in below ...
Hace 2 días · U Universal Music Group (UMG) got a boost from physical sales in the second quarter, but the conversation during Wednesday’s earnings call was mostly focused on streaming. Subscriptions, which ...
Hace 1 día · Universal Music Group lost roughly $16.38 billion in market value after the record label behind Taylor Swift, Billie Eilish and Ariana Grande posted revenue growth from subscriptions and streaming ...
Hace 1 día · July 25, 2024 7:02pm. Universal Music Group ’s stock dived 24% today, after it revealed its revenue growth from subscription and streaming services fell below expectations. The plunge represents ...
