> ## 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.

# Universal Music Group Revenues Fall Again
- URL: https://www.hypebot.com/universal-music-group-revenues-fall-again/
- Published: 2010-09-01T09:44:28.000Z
- Updated: 2010-09-01T09:44:28.000Z
- Description: For the first half of 2010, Universal Music Group's (UMG) revenues fell 5.4% compared to the same period last year (or 7.9% decline at constant currency). The label group blamed. Continue reading [https://www.hypebot.com/hypebot/2010/09/universal-music-group-revenues-fall-again.html]
- Author: Bruce Houghton
- Tags: Major Labels, #wp, #wp-post, #Import 2026-01-21 10:59

[![image from userserve-ak.last.fm](http://hypebot.typepad.com/.a/6a00d83451b36c69e20134869b1282970c-150wi "image from userserve-ak.last.fm")](http://userserve-ak.last.fm/serve/500/10663947/Universal+Music+Oy+universal%5Flogo%5Fbig.jpg?ref=hypebot.com) For the first half of 2010, Universal Music Group's (UMG) revenues fell 5.4% compared to the same period last year (or 7.9% decline at constant currency). The label group blamed a weak release schedule and reduced demand for physical product for the drop. Hoepful signs included growth in merchandise and digital sales. Highlights of the report include: 

- UMG's EBITA was EUR159 million, a 24.6% decline compared to the same period last year. Lower revenues and an unfavorable sales mix more than offset operating cost savings and a reduction in restructuring charges.
- Major recorded music sales included Lady Gaga, Black Eyed Peas, Eminem, Justin Bieber, Florence & The Machine and Coeur de Pirate in addition to the debut release from Drake.
- New mobile music deals with major telcos such as Singapore's SingTel and India's Reliance Communications.
- In the second half 2010, the albums slate includes artists such as Black Eyed Peas, Kanye West, Mariah Carey, Michel Sardou, Florent Pagny, Akon, Zazie, Maroon 5 and Duffy.
- Vevo, launched in December 2009 in the United States, is already the #1 music video website with 44.7 million unique viewers in July.