Summary

Universal Music Group posted 3.394 billion euros (about $3.78 billion) in revenue in its third quarter, the world’s largest record company said in its quarterly earnings report published Thursday, a nearly 12 percent increase from 2025. Recorded revenue grew just over 7 percent excluding revenue from its acquisition of Downtown Music and nearly 15 percent overall, up to 2.55 billion euros or $2.84 billion. Music publishing revenue grew 7.5 percent, or about 1.5 percent when excluding the Downtown revenue, up to 590 million euros or about $659 million.

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