Music Industry

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Universal music revenue hits $3.8bn as streaming push grows

Universal music revenue hits $3.8bn as streaming push grows

A huge rise year on year Universal Music Group has posted €3.294bn ($3.8bn) in revenue for the second quarter of 2026, a 10.5% rise year on year, as the world’s biggest record company leaned further into streaming. The results, published on Thursday, were flattered by its recent acquisition of Downtown Music; stripping that out, revenue […]

1 month ago