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# Universal Reports 60% Rise In Streaming Music Revenue As Download Sales Decline Accelerates
- URL: https://www.hypebot.com/universal-reports-60-rise-in-streaming-revenue-as-download-sales-decline-accelerates/
- Published: 2016-05-12T07:16:00.000Z
- Updated: 2016-05-12T07:16:00.000Z
- Description: UMG reported a solid Q1, as part of parent Vivendi's broader earnings statement. Driving the good news was revenue from music streaming which jumped 60% last quarter over the previous. Continue reading [https://www.hypebot.com/hypebot/2016/05/universal-reports-60-rise-in-streaming-revenue-as-downlo
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 10:22

[![Universal-Music-Logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c8594712970b-150wi "Universal-Music-Logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c8594712970b-popup?ref=hypebot.com)**UMG reported a solid Q1**, as part of parent **Vivendi**'s broader earnings statement. Driving the good news was revenue from **music streaming** which **jumped 60%** last quarter over the previous year.

The overall gain came "despite the accelerated decline in download sales and the continued decrease in physical sales."

The highlights:

- **[![Arrows](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb08fcd4ab970d-200wi "Arrows")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb08fcd4ab970d-popup?ref=hypebot.com)Universal Music Group’s (UMG) revenues were €1,119 million, up 0.6%** at constant currency compared to the first quarter of 2015 (+1.9% on an actual basis).
- **Recorded music revenues grew 0.5%** at constant currency thanks to growth in subscription and **streaming revenues (+59.7%)** despite the **accelerated decline in download sales** and the continued decrease in physical sales.
- **Music publishing** r**evenues grew 0.3%** at constant currency, while merchandising and other revenues declined by 6.9% at constant currency due to lower touring activity.
- **Recorded music best sellers** for the first quarter of 2016 included carryover sales from Justin Bieber and The Weeknd, as well as new releases from Rihanna and the Japanese artist Tsuyoshi Nagabuchi.
- **UMG’s income from operations was €102 million, up 18.6%** at constant currency compared to the first quarter of 2015 (+15.8% on an actual basis) after adjusting for restructuring charges, as a result of lower operating expenses, due to a softer release schedule compared to the first quarter of 2015.
- **UMG’s EBITA was €79 million, marginally down 0.2%** at constant currency compared to the first quarter of 2015 (-4.0% on an actual basis) as the benefits of higher revenues and cost savings were offset by increased restructuring charges.

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