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Universal Music Subscription Revenue Growth Shows Improvement

Bloomberg Markets Thursday 29 October 2026, 17:20 UTC By Charlotte Hughes-Morgan 1 min read
Key Points

Entertainment Universal Music Subscription Revenue Growth Shows Improvement Universal Music Group NV reported an increase in subscription revenue in the third quarter, buoyed by price increases and “healthy” subscriber growth, helping the world’s largest music label bounce back after two disappointing periods. Subscription revenue jumped 19% in constant currencies, or 9.5% excluding the firm’s recent acquisition of Downtown Music, to €1.42 billion.

Entertainment Universal Music Subscription Revenue Growth Shows Improvement Universal Music Group NV reported an increase in subscription revenue in the third quarter, buoyed by price increases and “healthy” subscriber growth, helping the world’s largest music label bounce back after two disappointing periods. Subscription revenue jumped 19% in constant currencies, or 9.5% excluding the firm’s recent acquisition of Downtown Music, to €1.42 billion.
Universal Music Subscription Revenue (ORG) Improvement Universal Music Group NV (ORG) Downtown Music (ORG)
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