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Universal Music 2020 Earnings: Profit Margins Up

Lester Cohen/Getty Images for Universal Music Group Lucian Grainge and Billie Eilish attend the Universal Music Groups 2020 Grammy after party presented by Lenovo at Rolling Greens Nursery on Jan. 26, 2020 in Los Angeles. Downloads dropped 3.6%, physical fell 6.5%, licensing and other revenue tanked 10.8% -- but 15.3% streaming growth boosted the company 3.8% in the pandemic year. Even in a nearly year-long economic downturn, the Universal Music Group juggernaut posted a 3.8% increase in 2020, ...
United States Selena Gomes Justin Bieber Billie Eilish Lucian Grainge Taylor Swift

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