> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Revenue At Universal Music Drops Another 2.9%
- URL: https://www.hypebot.com/revenue-at-universal-music-group-drops-another-29/
- Published: 2011-11-17T10:40:36.000Z
- Updated: 2011-11-17T10:40:36.000Z
- Description: In the third quarter of 2011, Universal Music Group revenues stood at €2,842 million ($3,826 million USD) , a 2.9% decrease compared to the same period in 2010 (-1.1% at. Continue reading [https://www.hypebot.com/hypebot/2011/11/revenue-at-universal-music-group-drops-another-29.html]
- Author: Bruce Houghton
- Tags: Major Labels, #wp, #wp-post, #Import 2026-01-21 10:55

[![image from www.google.com](http://hypebot.typepad.com/.a/6a00d83451b36c69e201543702e2bc970c-200wi "image from www.google.com")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201543702e2bc970c-popup?ref=hypebot.com)

In the third quarter of 2011, **Universal Music Group** revenues stood at €2,842 million ($3,826 million USD) , a **2.9% decrease** compared to the same period in 2010 (-1.1% at constant currency). A 11.3% increase in digital sales (+13.9% at constant currency) and higher license income only partly offset the continued decline in CD sales. **More UMG earnings highlights:**

- UMG’s EBITA was €244 million, stable compared to the first nine months of 2010 (+1.6% at constant currency).
- Operating cost savings offset restructuring charges associated with the company’s reorganization plan.
- Upcoming releases include new titles from Rihanna, Justin Bieber, Florence & the Machine, Drake, Kara, Louise Attaque, Andrea Bocelli and Mary J Blige,
- On November 11, Vivendi and UMG announced that they have signed with Citigroup a definitive agreement to purchase EMI’s recorded music division.