Universal Music Posts Double-Digit Q1 2025 Subscription Revenue Jump, Addresses Spotify’s Superfan Comments

MUSIC Is the streaming plateau over? A growth-minded Universal Music Group (UMG) generated $3.30 billion/€2.90 billion during 2025’s first quarter, when subscription revenue grew by 11.5% year over year. That’s according to the major label’s just-released Q1 earnings breakdown, which points to roughly $2.55 billion/€2.24 billion (up 12.7% YoY) in recorded revenue for the three-month stretch…
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