Streaming killing the music business? Not at UMG  

Posted onAuthorPaul Sweeting

UMG told investors last week that its huge income in 2015 was mainly down to ‘‘significant growth in subscription and streaming revenues more than offset decline in physical and download revenues”.In the 12 calendar months of 2015 – the year Apple Music launched – UMG’s streaming income was up 56.2% to €954m.

Source: Streaming killing the music business? UMG just posted its biggest revenues in a decade – Music Business Worldwide