UMG earns over $50 million a week from streaming. Vivendi, Universal Music Group (UMG) parent company, has revealed Universal Music Group’s labels generated $1.44 billion in streaming revenue for the first half of 2018, or around $55 million a week. UMG labels also generated $447 million from physical formats, down 19.1% year-over-year. Downloads plummeted 25.9% […]
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