Universal Music Group Revenues Up 6% to $2.8B on Subscription Growth, As Execs Talk TikTok Deal ...Middle East

billboard - News
Universal Music Group Revenues Up 6% to $2.8B on Subscription Growth, As Execs Talk TikTok Deal
source : billboard ( Middle East ) () 35
Helped by paid music subscriptions and a strong performance from its music publishing division, Universal Music Group generated revenue of 2.59 billion euros ($2.8 billion) in the first quarter of 2024, a 5.8% increase (7.9% at constant currency) over the prior-year quarter, the company announced Thursday (May 2).  Notably, UMG’s margins improved from a year earlier. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) improved 13.2% to 591 million euros ($640 million). As a percent of revenue, adjusted EBITDA margin was 22.8%, up 1.5 percentage points from 21.3% from the first quarter of 20

Read More Details
Finally We wish PressBee provided you with enough information of ( Universal Music Group Revenues Up 6% to $2.8B on Subscription Growth, As Execs Talk TikTok Deal )

Apple Storegoogle play

Also on site :

Most viewed in News
Little Debbie's Surprising New Treat Leaks and Fans Want '15 of Them'
Parade - before 4 hours & 48 minute
US still ‘giving weapons’ to Kiev – Trump
Russia Today - before 6 hours & 16 minute
Tiffany Trump Shares First Photo of Baby Son’s Face & People Are Saying the Same Thing
Parade - before 6 hours & 10 minute
Michael Madsen Reportedly Given Clean Bill of Health Days Before Death at 67
Parade - before 8 hours & 2 minute
​6 months of LA-area wildfire recovery through the eyes of the Army Corps colonel on clean-up frontlines
The Orange County Register - before 4 hours & 56 minute
Savannah Bananas Crush the 'Cupid Shuffle' and Fans Are Obsessed
Parade - before 10 hours & 6 minute
UK shoppers shunned high streets for online shopping amid heatwave
Independent - before 6 hours & 50 minute
La Corte Suprema permite a Trump deportar a inmigrantes detenidos en Djibouti a Sudán del Sur
News channel - before 6 hours & 49 minute
Shoppers Are Racing to Target for These Fun, Affordable & Trendy Accessories
Parade - before 8 hours & 35 minute
Jerry Seinfeld’s Bizarre Workout Attire Is So on Brand
Parade - before 7 hours & 15 minute
What are Walmart’s Fourth of July Hours?
Parade - before 11 hour & 12 minute
Mets To Sign Zach Pop To Major League Contract
MLBtraderumors - before 7 hours & 45 minute


Latest News

America's Best Nursing Homes 2026 Survey

before minute

Public asked to help find missing South Bay boy

before 2 minute

Trump orders national park entry fees hike for foreign tourists

before 2 minute

Austin FC vs LAFC Preview, prediction, lineups, betting tips & odds .. MLS 2025

before 2 minute

Khalil Fong Posthumously Honored With Jury Award at 2025 Golden Melody Awards

before 2 minute

Green Line bus service suspended in Karachi from Muharram 8-10

before 3 minute

Caitlyn Jenner's Longtime Friend Sophia Hutchins Dead at 29

before 3 minute

Tesla’s historic decline under Elon Musk in six charts

before 8 minute

New managers making mark at Club World Cup

before 11 minute

Caitlyn Jenner’s manager Sophia Hutchins, 29, killed in ATV crash that saw her ‘plunge 350ft down ravine’

before 17 minute

Recording Academy President Panos A. Panay Talks Cross-Cultural Creativity at Taipei’s Golden Melody Festival: ‘Your Truth Is Your Superpower’

before 18 minute

Indonesia resumes search for 30 missing ferry passengers

before 18 minute

Aker BP: Second quarter 2025 trading update

before 19 minute

Heidi Klum’s Game-Changing Electric Shaver Is on Sale Before Amazon Prime Day

before 19 minute

NYT Connections Sports Edition Today: Hints and Answers for Friday, July 4

before 19 minute