Double-Digital Revenue Growth at Universal Music Buoys Vivendi’s Bottom Line

French conglomerate Vivendi saw its revenues increase by close to 14% during the first half of 2019, to just over $8 billion.  This growth was due in large part to the company’s music division—namely Universal Music Group (UMG). UMG’s first-half 2019 earnings clocked in at $3.7 billion, an 18.4% increase. Moreover, music-streaming and subscription profits […]

The post Double-Digital Revenue Growth at Universal Music Buoys Vivendi’s Bottom Line appeared first on Digital Music News.

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