UMG revenues up 8.3% in 2012, Vivendi revenues rise 0.6%

Tom Pakinkis

Universal Music Group saw an 8.3% rise in revenues in 2012 compared to 2011.

The jump to €4,544 million for the music major came as its parent company Vivendi recorded its own revenue increase of €28,994 billion – a slight increase of 0.6% compared to 2011 (although down 0.7% at constant currency).

UMG’s EBITA of €525 million was up 3.6% compared to 2011. Excluding EMI Music and at constant currency, EBITA was up 1.6%.

For 2013, UMG's EBITA is expected ...

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