> ## 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.

# UMG accelerates IPO as revenue grows 9.4%
- URL: https://www.hypebot.com/umg-accelerates-ipo-as-revenue-grows-9-4/
- Published: 2021-04-23T13:20:00.000Z
- Updated: 2021-04-23T12:52:26.000Z
- Description: French media conglomerate Vivendi’s Universal Music Group has reported revenue of $2.2 billion for the quarter of 2021, up 9.4% from the same period the previous year. Vivendi also shared. Continue reading [https://www.hypebot.com/hypebot/2021/04/umg-accelerates-ipo-as-revenue-grows-9-4.html]
- Author: Bruce Houghton
- Tags: Major Labels, Music Business, Streaming, UMG, Vivendi, #wp, #wp-post, #Import 2026-01-21 09:51

French media conglomerate Vivendi’s Universal Music Group has reported revenue of $2.2 billion for the quarter of 2021, up 9.4% from the same period the previous year.

![Arrow graphics with vibrant colors illustrating music industry growth and digital trends for Hypebot website SEO optimization.](https://storage.ghost.io/c/3a/95/3a957c06-c825-4057-9939-0a274cc16d23/content/images/www-hypebot-com/wp-content/uploads/2021/01/arrows-1229845_640.jpg)

Vivendi also shared that the planned IPO for UMG has been moved up from early 2022 to the Fall of 2021.

Recorded music revenues grew 10.8%, driven by growth in subscriptions for music streaming.

Surprisingly, UMG also saw physical sales grow by 14.8% in the quarter on the strength of UMG’s new releases and catalog sales, the company said.

Recorded music best sellers for the first quarter of 2021 included new releases from King & Prince and Justin Bieber, as well as continued sales from The Weeknd, Ariana Grande and Pop Smoke.

Revenue grew for UMG’s music publishing business, up by 6.9% when measured against the same period in 2020\. However, revenue from UMG’s merchandise operation was down 10.0% at constant currency from the previous year, which Vivendi attributed to the lingering effects of the pernicious pandemic.

- [CelebrityAccess](https://celebrityaccess.com/?ref=hypebot.com)