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Introduction

Vivendi has reported that revenue for UMG was almost unchanged in the first six months of 2016. At constant exchange rates and perimeter, earnings were up 1.6%.

Highlights

  • Streaming gains more than offset the continued fall in download sales but the overall performance of the recorded music sector was tempered by a sharp fall in revenue from physical formats.

Features and Benefits

  • Details the financial results for UMG for the first half of 2016.
  • Makes a comparison between the three major record companies for revenue by source.

Key questions answered

  • How did UMG perform in terms of recorded music and music publishing in the first half of 2016?
  • Which of the three majors generates the biggest share of trade revenue from digital sources?

Table of contents

Ovum view

  • Summary
  • Steady first half of the year for UMG
  • Big rise for subscription and streaming earnings
  • Major company comparisons

Appendix

  • Author

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