Q4 revenues were up by 1.4% yoy at constant currency and perimeter. Universal Music posted 4% growth thanks to growth in subscription and streaming revenues (+43%) while Canal+’s revenues were down by 1.2% due to fewer subscriptions in France. The Q4 EBITA was down by 17% yoy, due to restructuring charges. For Universal Music Group, Vivendi continues to see a positive momentum in the business, driven by ongoing growth in streaming and subscription and tempered by declines in download an
19 Feb 2016
Pending a media strategy worthy of the name
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Pending a media strategy worthy of the name
- Published:
19 Feb 2016 -
Author:
Pierre-Yves Gauthier -
Pages:
3
Q4 revenues were up by 1.4% yoy at constant currency and perimeter. Universal Music posted 4% growth thanks to growth in subscription and streaming revenues (+43%) while Canal+’s revenues were down by 1.2% due to fewer subscriptions in France. The Q4 EBITA was down by 17% yoy, due to restructuring charges. For Universal Music Group, Vivendi continues to see a positive momentum in the business, driven by ongoing growth in streaming and subscription and tempered by declines in download an