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Introduction

French media company Vivendi has reported positive third-quarter and nine-month financials for UMG.

Highlights

  • Vivendi commented that music-publishing income benefitted from the rise in subscriptions and streaming along with increased synchronization and performance revenue. Merchandizing revenue suffered a decline because of lower touring activity.

Features and Benefits

  • Details the latest financials from Vivendi for UMG.
  • Splits revenue by source.
  • Updates on Vivendi's move to sell a stake in the company.

Key questions answered

  • What share of UMG's total revenue is generated by subscriptions and streaming?
  • What was the revenue increase for subscriptions and streaming in the third quarter and first nine months of this year?

Table of contents

Ovum view

  • Summary
  • Access-service gains boost UMG revenue
  • Subscriptions and streaming drive recorded-music growth
  • Little change in regional revenue shares

Appendix

  • Author

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