News Story | Streaming Powers Umgs Core Earnings By 21%


2021-10-28 | By newstostory | 76 Hits

Universal Music Group NV the record label behind many of the music industrys biggest stars on Wednesday reported a 21 rise in third quarter core earnings it attributed to growing revenue from streaming and social media platforms reports Reuters UMGs adjusted earnings before interest taxes depreciation and amortisation EBITDA came in at 461 million euros 535 million compared with 382 million euros in the same period a year agoI firmly believe the music industry is only at the beginning of a new wave of growth and evolution said CEO >>READ MORE

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