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Universal Music Group first-quarter sales beat forecast
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Universal Music Group first-quarter sales beat forecast
May 25, 2025 9:00 PM

April 29 (Reuters) - Universal Music Group

reported first-quarter sales above market expectations on

Tuesday, helped by growth in recorded music and music

publishing.

The music label of Taylor Swift, BTS and Drake said its

revenues grew by a yearly 11.8% in the quarter ended March to

2.90 billion euros ($3.31 billion), higher than the 2.83 billion

in an LSEG analysts consensus forecast.

($1 = 0.8770 euros)

(Reporting by Alessandro Parodi in Gdansk, editing by Emelia

Sithole-Matarise)

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