Smiling faces on the top floor at the Universal Music Group with rumours they will report over $1 billion in earnings later this week - they will be the first music group to pass the billion-in-a-year benchmark. Parent company Vivendi, still coming out of that financial meltdown a couple of years back, will be glad they resisted the temptation to sell off their music business.
Mar 10, 2005
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1 min read
Universal Music revenue expected to pass $1 billion
Universal Music Group is reportedly set to announce earnings above $1 billion this week, becoming the first music group to pass the billion-a-year benchmark.