UMG has big Q3

THE MONSTER: While parent company Vivendi reported lower Q3 earnings overall, UMG kicked tuchus, with a 36.6% jump in EBITDA (or 46.8% assuming constant currencies) to $151 million and a 7% sales increase, excluding revenues from EMI Recorded Music. Universal also said it’s on course to achieve the $160 million in cost-savings it foresaw when it closed the EMI deal last September. Hit records will do wonders for your bottom line. (11/15a)