The Scoop and Blender

Streaming generated $1.3bn for major music labels in Q2 2017

By August 11, 2017 No Comments

The three major labels – Universal Music, Sony Music and Warner Music – saw their collective recorded-music revenue from streaming grow to just under $1.3bn in the second quarter of 2017. That represents 38.5% growth year-on-year, with the three label groups now collectively making $14.

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