Launching two of the top three U.S. albums of 2015 – Taylor Swift’s “1989” and Justin Bieber’s “Purpose” — Vivendi’s Universal Music Group, the world’s No. 1 company in recorded music, saw revenues edge up 2.7% in 2015 to €5.1 billion ($5.6 billion) — thanks to a 43% hike in subscription and streaming revenues, Vivendi announced Thursday as it presented full-year 2015 results.
Source: Streaming, Sub Services Sustain Vivendi’s Universal Music Group | Variety