Universal Music Just Reached Their Biggest Revenues in Over a Decade All thanks to music streaming. In 2019, record label Universal Music Group generated 7.16 billion euros in revenue, up from 6.02 billion in the previous year. 109 Hypes 0 Comments. A record annual figure for the company under Vivendi ownership, that revenue number was up 14.0% year-on-year at constant currency and perimeter. That’s a jump of 45.1% year-on-year (at constant currency/perimeter), and the equivalent of over $40m every week, or around $6m every day. Feb 24, 2016. Music Feb 24, 2016. The Universal Music Group saw operating profits fall to €161 million ($188.2 million) in the third quarter ended Sept. 30, down 7.9 percent from the same period last year. Universal Music Group’s revenues climbed to nearly $7 billion in 2017, a 10% jump. Music . Fueled by the rapid adoption of streaming, Universal Music Group’s revenue grew by 15.6% over the same period in 2016, rising to $1.5 billion for the quarter ending June 30, its parent compan… Universal Music Group saw its overall revenues in 2019 – across recorded music, publishing and other activities – hit €7.16bn ($8.04bn). Universal Music Group’s labels generated €962m ($1.05bn) in revenues from streaming in the first half of 2017. As streaming surges, Vivendi is mulling a sale of Universal that could value the music group at $25 billion. By Davis Huynh.

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