July 25, 2008:UMG reports second-quarter revenues

As part of Vivendi's second-quarter financial results announcement, the company has revealed Universal Music Group's performance. UMG generated revenues of just over 1 billion for the quarter, which is either a 5.3% decline (in real terms) or a 3% rise (if you take currency fluctuations into account). For the first half of the year, UMG?s…

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