Taylor Swift continues to be a moneymaker for Universal Music in Q3

Taylor Swift continues to be a moneymaker for Universal Music in Q3

Cultural phenomenon Taylor Swift helped fuel revenue at Universal Music Group in the third quarter, the world’s largest record label said Wednesday. Total revenue was 2.75 billion euros ($2.9 billion) in the quarter, up 3.3%. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) stood at 581 million euros ($612 million), up 5.1%, the company … Read more