Universal Music UK Revenues Jump 9% In 2017 – Digital Music News

Universal Music UK Revenues Jump 9% In 2017 – Digital Music News

Universal Music UK reported 2017 revenues $458.55 million (£344.3 million), a year-on-year increase 8.8%. The gross prit Universal Music Operations Ltd stood at $142.33 million (£106.9 million) for the year, up 12.3 percent on 2016.  After distribution costs and administrative expenses, the firm’s annual operating prit hit £10.6 million in 2017, which is a huge jump (+999%) on the $1.28 […]