Universal Music Group Revenue Up 8.3% In 2012
February 26, 2013

Universal Music Group parent company Vivendi has released its latest fiscal results for 2012, with UMG reporting an 8.3 percent growth in revenue last year. Universal reported approximately $5.93 million in revenue last year (or €4.544 million), with EBITA up 3.6 percent to roughly $685.2 million (€525 million). Excluding EMI Music and at constant currency, EBITA was up 1.6 percent in 2012, according to Music Week.

Vivendi predicts that in 2013, UMG EBITA will increase "with a positive contribution from EMI Recorded Music, including restructuring changes." The company also expects that the combined UMG-EMI will generate annual synergies of over $151.4 million.

As for Vivendi overall, its full-year adjusted net income for 2012 was $3.78 billion (or €2.86 billion), exceeding its expected target, though this marked a 13.6 percent decline from 2011. Revenue for the multinational company was up 0.6 percent to over $37.8 billion (or €28.99 billion).

Breaking News
2015 NAB Marconi Radio Award Winners Announced
In Brief - October 2, 2015
October 1, 2015
Cumulus Announces Programming Moves In Indianapolis & Atlanta
iHeartMedia Savannah Names Jonathan "JR" Reed Program Director At WAEV
Concord Bicycle Music Announces Major Strategic Investment In Razor & Tie Enterprises LLC
Nielsen & Westwood One Renew Relationship
September 30, 2015
Sean Atkins Named President Of MTV
The T.J. Martell Foundation Annouces The Clive Davis Research Fellowship Award
Cox Media Atlanta Names Tripp West Music Director/Midday Host On B98.5
In Brief - September 30, 2015
September 29, 2015
Cumulus Media Appoints Mary G. Berner CEO
iHeartRadio Music Festival Makes Billions Of Impressions On Social Media
Cox Media Group Jacksonville Launches New Easy 106.5
HD Radio Technology Expands Automotive Offerings
In Brief - September 29, 2015
iHeartMedia Tucson Names Carl Anderson Market President
iHeartRadio Jingle Ball Tour Returns Presented by Capital One
The CW and iHeartMedia Announce New Multi-Year Broadcast Agreement
Former Warner Bros. Records President Livia Tortella Launches Black Box
In Brief - September 28, 2015
September 25, 2015
FCC Commissioner Michael O'Rielly Headlines Session At 2015 Radio Show
The Week In Review: 9/21-9/25
Nielsen BDSradio Grows 40% Since Adding Streaming Data
In Brief - September 25, 2015
September 24, 2015
Pandora All-Time Royalties Surpass $1.5 Billion
Music News
Deluxe Edition of Sam Smith's In The Lonely Hour Announced
Quick Hits: Selena Gomez, Miley Cyrus, Megadeth, Beastie Boys
Quick Hits: Fifth Harmony, Train's Pat Monahan, Seal, Roger Waters
Beyoncé, Jay Z & Prince Headlining Massive TIDAL X Charity Concert
Quick Hits: The Who, Ed Sheeran, Bleachers, American Music Awards, Katy Perry / Sting, Austin City Limits
Quick Hits: Nicki Minaj, Lady Gaga, Kendrick Lamar
Seven New Albums Debut In Billboard 200's Top Ten
Quick Hits: Kelly Clarkson, Fetty Wap, Corey Taylor
CeeLo to Drop Heart Blanche in November
The Week In Review: 9/21-9/25
Quick Hits: Pearl Jam, Muse, OMI, Collective Soul
Kanye West's Swish Could Be a Year Away
Quick Hits: Sara Bareilles, X Ambassadors, All That Remains
Ryan Adams Discusses His Own 1989
Quick Hits: BET Hip-Hop Awards, Sam Smith, Forbes Top Hip-Hop Earners, The Weeknd, Young Thug

Mark Adams
San Francisco

Search FMQB.com
FMQB Member Login

Not a member yet?
Sign up Now!
Sign Up for Breaking News!
Enter FMQB E-Tracking!