BigChampagne's Ultimate Chart (a/o February 3rd):
1. “What Doesn't Kill You (Stronger),” Kelly Clarkson
2. “Turn Me On,” David Guetta
3. “Set Fire to the Rain,” Adele
4. “Rack City,” TYGA
5. “Good Feeling,” Flo Rida
6. “Young, Wild & Free,” Snoop Dogg & Wiz Khalifa
7. “We Found Love,” Rihanna
8. “Sexy and I Know It,” LMFAO
9. “Domino ,” Jessie J
10. “International Love ,” Pitbull
Universal Music Group posted revenue and earnings gains during the most recent quarter, thanks largely to acquisitions involving BMG Music Publishing and Sanctuary. The gains were shared by parent company Vivendi on Thursday, part of a broader financial disclosure.
During the quarter, UMG revenues surpassed 1.098 billion euros ($1.4 billion), a 1.1 percent gain at constant currencies. The earnings (EBITDA) bump was more pronounced, jumping 33.0 percent to 149 million euros ($190.4 million), also measured at constant currencies.
But measured against real currencies, the story started to shift. Instead of a revenue lift, currency fluctuations created a 6.2 percent drop from year-ago revenues of 1.17 billion euros ($190.4 billion). On the earnings side, real-currency revenues gained a more modest 29.6 percent. Similar recalculations are being felt by a large number of multinational corporations, especially as the dollar continues to gain.
Meanwhile, recording sales continued to slide at the major, though Vivendi noted that publishing, merchandising, digital, and licensing gains are offsetting the drop. "These factors more than offset lower physical sales," the company disclosed, referring to year-to-date tallies.
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