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Universal Music Logs Higher Revenue Despite Slowdown in Subscriptions and Streaming Growth
WSJยท 2025-10-30 17:14
Core Insights - The record label reported quarterly revenue of $3.50 billion, reflecting an increase of over 10% year-over-year, despite falling short of forecasts for subscription and streaming revenue [1] Revenue Performance - Quarterly revenue reached $3.50 billion, marking a growth of more than 10% compared to the previous year [1] - The company missed revenue forecasts specifically related to subscriptions and streaming services [1]