{"id":907,"date":"2011-09-01T14:02:42","date_gmt":"2011-09-01T14:02:42","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2011\/09\/01\/universal-music-groups-economic-results\/"},"modified":"2011-09-01T14:02:42","modified_gmt":"2011-09-01T14:02:42","slug":"universal-music-groups-economic-results","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2011\/09\/01\/universal-music-groups-economic-results\/","title":{"rendered":"Universal Music Group&#8217;s economic results"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.universalmusic.com\/themes\/umg_home\/logo.png\" border=\"0\" width=\"149\" height=\"55\" \/><\/p>\n<p>For the first half, Universal Music Group\u2019s (UMG) revenues were \u20ac1,863 million, a 1.9% decrease compared to the first half<br \/>of 2010 (-2.0% at constant currency) with a 13.5% increase in digital recorded music sales, higher license income and strong<br \/>growth in merchandising, offset by falling demand for physical product.   <!--more-->  Revenues in the second quarter increased by 0.6%<br \/>at constant currency.<br \/>Recorded music best sellers included new releases from Lady Gaga and Jennifer Lopez and strong carryover sales from<br \/>Rihanna. Regional best sellers included Girls\u2019 Generation in Japan and Bretonne, the latest release of Nolwenn Leroy in<br \/>France.<br \/>UMG\u2019s EBITA was \u20ac132 million, a 17.0% decrease compared to the first half of 2010 (also -17.0% at constant currency).<br \/>Changes in the sales mix and restructuring charges associated with the reorganization plan announced last year were offset<br \/>by operating cost savings and a favorable legal settlement with LimeWire. EBITA before restructuring charges declined 6.5%<br \/>at constant currency in the first half. As a result of a rebound in the US, the EBITA increased by 7.7% before restructuring<br \/>charges and at constant currency in the second quarter.<br \/>Upcoming releases will feature new titles from Lil Wayne, Justin Bieber, Andrea Bocelli, Louise Attaque, Snow Patrol,<br \/>Roberto Alagna, Rihanna, GReeeeN and the latest American Idol winner, Scotty McCreery, among others.<\/p>\n<p>Source: Vivendi<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the first half, Universal Music Group\u2019s (UMG) revenues were \u20ac1,863 million, a 1.9% decrease&#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-907","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/907","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=907"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/907\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}