Universal Music Reports 4.3% Revenue Growth for Third Quarter, Despite Streaming Decline
31 October 2024 at 17:09
UPDATED: Universal Music Group, the world’s largest music company, reported revenue of €2,870 million for the third quarter — an increase of 4.3% year-over-year, or 4.9% in constant currency, although it noted that “excluding a prior-year item affecting comparability,” revenue actually grew 6.3% year-over-year, or 7.0% in constant currency. Top sellers for the quarter included […]