UMG QUARTERED: Universal Music Group’s Q3 revenue was up 6% to $1.39 billion compared to the same quarter last year, with EBITA up 47% to $116 million. For the nine months ended in Sept., revenue was flat at $3.99 billion, a slight 1.7% drop, though digital sales increased 18.5% for the first nine months. UMG’s EBITA for the period was $332 million, a 9.3% decline from last year. Overall, Vivendi nine-month revenues were $28.4 billion, an increase of 6.9% compared to the same period last year, thanks to a 10% EBITA gain by Activision Blizzard to $6.4 billion. (11/15p)
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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