UMG had a strong first quarter, posting an 8% rise in digital music income in Q1 $523 million. Overall revenues for Lucian Grainge’s empire were up 11.6% year-on-year in Q1 to $1.25 billion; or 2% higher in constant currency, with growth in both recorded music (2%) and publishing (3%).
Here are the bullet points:
MALONE, WALLEN APPEAR NOT TO NEED "HELP" ACHIEVING MILESTONE
A genre-obliterating collab (5/13a)
RAJ KAPOOR: STACKING THE STARS, MAKING THE ACMs SHINE
Producer putting the finishing touches on Thursday's show. (5/13a)
WHAT'S NOT TO "LIKE?" HUGE STREAMS FOR KING KENDRICK
No longer keeping his diss-tance. (5/13a)
NEW RELEASES: "HELP" ARRIVES, SWIFT EXTENDS STREAK
Post, Morgan and the ever-popular POETS (5/13a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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