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20.04.2020 - 17:11 / variety.com
By Jem Aswad
Senior Music Editor
During a quarter that saw that onset of a global pandemic, Universal Music Group’s recorded music revenues grew more than 13% to $1.56 billion and its streaming revenues reach nearly $1 billion, up 16.5% year over year. The results were posted as part of the quarterly earnings for its parent company, Vivendi.
The company’s overall revenues — also including music publishing and its Bravado merchandise division — hit $1.95 billion, up 12.7%, according to Music
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