26 02 14

Tipping point for UMG as digital revenues overtake physical

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Digital music has been out-earning physical music in some countries for major labels for a while now, but yesterday saw a notable (if not surprising) tipping point for Universal Music Group.

Its parent company Vivendi confirmed that UMG made more money from digital than physical in 2013. “For the first time in 2013, yearly digital sales exceeded physical sales,” explained Vivendi, with the official ratio being 51-49.

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Stuart Dredge
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