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Universal Music Posts 17% Growth in First Post-IPO Earnings Report

October 28, 2021 , , , , ,

In its first post-IPO earnings report, Universal Music Group posted 17.4% year-over-year revenue growth in the third quarter of 2021, with recorded music subscription and streaming revenue up 15.2% and adjusted EBITDA up 20.7%. Lucian Grainge, UMG’s Chairman and CEO, said, “Our operational and financial performance this quarter – our first as an independent, publicly […]



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