Jan 30th, 2008 // Comment

umb.jpeg“Vivendi’s Universal Music Group saw revenue drop 3% in Q4 and 1.7% for 2007, the company said today. Digital sales grew 51%, and now make up 14% of revenues…. If you strip out UMG’s revenue from its purchase of BMG publishing, full year sales would have dropped 5.8%, and Q4 would be down 7.8%. Yecch.” [Silicon Alley Insider]

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