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Introduction

Vivendi reported an 11.6% year-on-year revenue increase in for UMG for 1Q15. At constant exchange rates and perimeter, the revenue growth rate was much lower, at 2.3%, but the results are better than 1Q14’s.

Highlights

  • Vivendi said the rise in 1Q15 was driven by growth in recorded music and music publishing, both of which benefitted from increased music subscription and streaming earnings.

Features and Benefits

  • Research note details the latest financial results from the world's biggest music company.
  • Research note shows which sectors of UMG performed best

Key questions answered

  • By how much did UMG increase its revenue from recorded music in 1Q15?
  • By how much did UMG increase revenue from music publishing in 1Q15?

Table of contents

Ovum view

  • Summary
  • Positive start to 2015 after revenue decline in 2014
  • Streaming drives UMG recorded music earnings
  • Good quarter for UMPG

Appendix

  • Author

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