UMG's subscription revenue grew at a rate of 6.9% for Q2, missing analysts' 11% prediction, while streaming revenue fell 4%, blaming it on deceleration and deal renewals timing.
The saturation point of subscription streaming in mature markets like the US affects revenue growth; focus shifts to monetizing fandom in the music industry for sustainability.
#universal-music-group #subscription-revenue #music-industry #streaming-platforms #financial-analysis
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