Universal Music Revenues Jump 21% on Recorded Music Subscriptions, Streaming in 2022
Lucian Grainge Calls For ‘Updated Model’ For Music Industry: Read His Memo to UMG Staff
Universal Music Group Revenues Jump 13% In Q3 as Subscription Revenues Approach $1 Billion
GOLDMAN SACHS: UNIVERSAL IS WORTH OVER $50BN, AND GLOBAL MUSIC STREAMING REVENUES WILL RISE $3BN THIS YEAR
The MBW Review is where we aim our microscope towards some of the music biz’s biggest recent goings-on. This time, we leaf through Goldman Sachs‘ latest must-read report about the music industry.
Amazon Partners With Universal and Warner Music to Remaster Songs in Ultra HD
Universal Music Group Revenues Pass $7.7 Billion in 2019, IPO Planned By 2023
The Universal Music Group's revenues passed $7.7 billion (€7.16 billion) in 2019, up 14% at constant currency thanks to another strong surge in streaming revenue, which was up 21.5% year over year. Recorded music revenues were up 11.6% year over year, while the publishing division's revenues increased 9.2%, both at constant currency.