Music Business Worldwide

Universal Music Group generated $3.38bn in Q2, up 4.5% YoY – driven by Morgan Wallen, timelesz, Lady Gaga

By Tim Ingham

Thu Jul 31st, 2025 16:34:19

Universal's overall Recorded Music revenue for the second quarter of 2025 was €2.224 billion ($2.52bn), up 3.9% YoY at constant currency. Source

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