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Introduction

The major music factsheets detail the three companies' results for the third quarter of 2019.

Highlights

  • Total revenue (recorded and publishing) for WMG in 4Q FY19 increased 8.2%, to $1.124bn, from $1.039bn in 4Q FY18. At constant exchange rates, revenue was up 10.4%.
  • Sony Corp. reported that SME registered an increase in sales and operating income in both the second quarter of its 2019 financial year and the first nine months of 2019.
  • UMG registered a strong third quarter, following on from a similarly positive first two quarters of this year, with all sectors registering growth.

Features and Benefits

  • The major record company factsheets are a collection of financial and operating data published by the three major label groups: Universal Music Group, Sony Music Entertainment, and Warner Music Group.
  • The level of data included differs for each company and is based on quarterly publications by each company and parent company.

Key questions answered

  • Which of the three major record companies had the best third quarter of 2019?
  • Which of the three companies registered the biggest rise in streaming revenue in the quarter?

Table of contents

Summary

  • Introduction
  • Download 1: Major Record Company Factsheets: 3Q19

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