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Introduction

French media company Vivendi has reported positive first-quarter results for UMG.

Highlights

  • French media company Vivendi has reported positive first-quarter results for UMG. Recorded-music revenue for the company grew for the sixth consecutive quarter at constant currency rates, with subscription sales and streaming behind the growth.

Features and Benefits

  • The research note details the latest financial results for UMG.
  • The note also makes a comparison between UMG and the two other major music groups (SME and WMG) and evaluates which group had the better quarter at a variety of different measures.

Key questions answered

  • What share of digital revenue for UMG was generated by streaming in the first three months of this year?
  • Which of the major music groups is benefiting most from the rise in streaming?

Table of contents

Ovum view

  • Summary
  • Positive start to the year for UMG
  • Subscriptions and streaming lead recorded-music growth
  • Music company comparisons

Appendix

  • Author

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