Strong Financial Start
Revenue is up 9.5% and adjusted EBITDA is up 10% for the first quarter of 2025.
Global Expansion and Streaming Growth
Subscription revenue grew by 9.3%, with double-digit revenue growth from four major DSP partners, particularly in markets like Japan, Germany, China, and Mexico.
Significant Artist Achievements
UMG had seven of the top 10 albums in the US, and six of the top 10 albums in the UK for the quarter. Notable artists like Kendrick Lamar, The Weeknd, and Lady Gaga had successful releases.
Japan Market Success
UMG swept main categories at the 39th Annual Gold Disc Award in Japan, highlighting strong regional management and artist roster.
Physical Sales Growth
Physical sales, driven by vinyl, grew by 15% year-over-year.