Universal Music Group Posts Double-Digit Q4 Revenue Growth, Reiterates Streaming-Reform Plans

Universal Music Group (UMG) generated north of €2.94 billion (currently $3.12 billion) during 2022’s final three months, when recorded music streaming revenue grew by nearly 19% year over year (YoY), according to a newly released earnings report. The major label just recently posted its Q4 2022 (and full-year) performance specifics, including the aforesaid revenue total, […]
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