Universal Music Group (UMG) Posts Over $3 Billion in Streaming Revenue in 2018

Streaming continues to strengthen Universal Music Group’s bottom line. Ahead of its proposed sale, Vivendi has posted a great profit from its subsidiary, Universal Music Group (UMG). Across labels, record sales, publishing, merchandising, tours, and more, the company posted €6 billion ($7.2 billion) in revenue for the full year of 2018.  This represents a 10% increase […]

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