Universal music group n.v. reports financial results for the first quarter ended march 31, 2025

Q1 2025 results highlights1 revenue of €2,901 million increased 11.8% year-over-year, or 9.5% in constant currency, driven by solid growth in recorded music and music publishing. recorded music subscription revenue grew 11.5% year-over-year, or 9.3% in constant currency, and streaming revenue grew 2.9% year-over-year, or 0.3% in constant currency.
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