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Universal Music's Midyear Earnings Were Just OK on Paper, But Pretty Good for During the Pandemic

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grew subscription revenue 2% and advertising revenue dropped 11.5% from Q1 to Q2, Pandora’s advertising revenue fell 17% from Q1 to Q2, and YouTube’s Q2 revenue -- on all videos, including music -- dropped about 6% from Q1.

Asked about the subscription-advertising revenue breakdown, the company pointed to IFPI’s global data for 2019: 75% of streaming revenue came from subscriptions and 25% from ad-supported audio and video services.Publishing also carried Universal in the first half of the year, accounting for 52.7% of the company’s revenue growth.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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