Major label and industry revenue stat

September 26, 2008
Music Think Tank in interesting numbers, music industry sales trends, universal music group

Wired reports…

Universal’s revenue for the first half of 2008 rose 5 percent from the previous year to $3.1 billion, on $17.6 billion-worth of sales. Last year, the entire recorded music business was worth $29.9 billion.

Article originally appeared on Music Think Tank (https://www.musicthinktank.com/).