Universal Music posts 3.2% revenue rise in H1 2012

Tom Pakinkis

Universal Music Group posted a 3.2% revenue rise in H1 this year while parent company Vivendi saw a 1.2% decline in revenue year-on-year.

UMG’s H1 2012 revenue stood at 1,922m Euros while Vivendi’s first half revenue was 14.1bn Euros (compared to 14.25bn in H1 2011).

The parent company's revenue saw a 1.5% drop between Q1 and Q2 (from 7.1bn 6.9bn Euros). The full table of Vivendi’s adjusted statement of earnings can be seen below.

Vivendi said that higher revenues for ...

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