{"id":1133,"date":"2011-11-18T00:00:00","date_gmt":"2011-11-18T00:00:00","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2011\/11\/18\/revenue-at-universal-music-drops-another-29\/"},"modified":"2011-11-18T00:00:00","modified_gmt":"2011-11-18T00:00:00","slug":"revenue-at-universal-music-drops-another-29","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2011\/11\/18\/revenue-at-universal-music-drops-another-29\/","title":{"rendered":"Revenue At Universal Music Drops Another 2.9%"},"content":{"rendered":"<div class=\"entry-body\">\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/bigmouthsonline.com\/wp-content\/uploads\/2011\/06\/Universal-Music-Group.jpg\" border=\"0\" width=\"156\" height=\"104\" \/><br \/>In the third quarter of 2011, <strong>Universal Music Group<\/strong> revenues stood at \u20ac2,842 million ($3,826 million USD) , a <strong>2.9% decrease<\/strong> compared to the same period in 2010 (-1.1% at constant currency). A 11.3% increase in digital sales (+13.9% at constant currency) and higher license income only partly offset the continued decline in CD sales. <strong>More UMG earnings highlights:  <!--more-->  <\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-more\">\n<ul>\n<li>UMG\u2019s EBITA was \u20ac244 million, stable compared to the first nine months of 2010 (+1.6% at constant currency).<\/li>\n<li>Operating cost savings offset restructuring charges associated with the company\u2019s reorganization plan.<\/li>\n<li>Upcoming releases include new titles from Rihanna, Justin Bieber, Florence &amp; the Machine, Drake, Kara, Louise Attaque, Andrea Bocelli and Mary J Blige,<\/li>\n<li>On November 11, Vivendi and UMG announced that they have signed with Citigroup a definitive agreement to purchase EMI\u2019s recorded music division.\n<p>Source: Universal Music<\/li>\n<\/ul><\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the third quarter of 2011, Universal Music Group revenues stood at \u20ac2,842 million ($3,826&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-1133","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/1133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=1133"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/1133\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=1133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=1133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=1133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}