Universal Music Stock Takes Big Hit, As Streaming And Subscription Revenue Shrinks
26.07.2024 12:01:46
Yorum Yok
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Universal Music Group’s stock dived 24% today, after it revealed its revenue growth from subscription and streaming services fell below expectations. The plunge represents $16 billion in market value for the group, which is home to such big names as Taylor Swift, Drake, Adele, and Billie Eilish. The decline is attributed to so-so results for […]