Universal Music Posts Solid 2024 Results, Doubles Down on ‘Superfans’ and ‘Streaming 2.0’

Universal Music Group posted strong results from 2024 in earnings announced Thursday, with a 6.5% rise in revenue over 2023 and an 8.2% increase in recorded music subscription revenue (despite a 5.1% drop in streaming revenue from last year), contributing to $12.8 billion in total revenue. The company’s bottom line was also enhanced by thousands […]