© Reuters. Universal Music Group logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) – Universal Music Group (AS:), the label representing Drake and Taylor Swift, on Wednesday posted higher first-quarter sales, helped by growth in recorded music and music publishing.
Revenue in the first quarter was 2.45 billion euros ($2.71 billion), up from the 2.20 billion euros posted in the same period a year earlier.
($1 = 0.9046 euros)
