Overall revenues at UMG were down 6.2% from 2008 to EUR4.36bn (?3.9bn). Digital, however, grew 8.4% despite the company reporting a "softening demand for mobile products in the United States and Japan".
Last week, RIAJ reported that digital unit sales last year in Japan dropped 2% to 468m units, while revenue sat flat at £91bn (?668m). The digital sector taking the biggest hit last year in Japan was ringtones, dropping 19% in value to £16.4bn (?123.7m).
Vivendi cited the success ...
To access this article you need to be a subscriber. If you are a subscriber login below.
Login NowIf you have previously taken a trial you will need to subscribe to access this article.
Subscribe Now