Vivendi and UMG Post $1.1 billion in Music Streaming

Once again, despite licensing issues with Spotify, music streaming pushes industry revenue way, way up. Universal Music Group reported $1.1 billion in music streaming revenue alone between January and September of this year. This marks a 64.3% increase from the same period last year. Vivendi’s 3Q 2016 report shows that its Universal Music Group unit […]

The post Vivendi and UMG Post $1.1 billion in Music Streaming appeared first on Digital Music News.

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