Universal Music Group EBITA was also stable at €110 million ($149.2 million) in Q1, compared to earnings of €111 million ($150.6 million) in the prior year quarter. EBITA declined 6.2% at constant currency rates, partly reflecting lower sales in North America. Vivendi revenues increased 23.7% (22.1% at constant currency) to €6.53 billion ($8.86 billion) in Q1 compared to 2008, with EBITA up 15.8% (13.8% constant currency) to €1.39 billion ($1.89 billion). Adjusted net income was down €48 million, a 6.9% decline, to €649 million ($880.4 million).
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…