UNLIMITED SUPPLY with Digital Music News A UMG miss, Deja Vu all over again, and I'm ready to be educated.
Aug 1, 2025
Explore the mixed results of Universal Music Group's earnings and how those numbers stack up against Spotify and Deezer's performance. Discover the bold financial moves by CSAC Music Group, including a staggering $889 million securitization aimed at growth. Uncover the significance of new music services like Hangout FM and their role in the evolving landscape of social listening platforms. Plus, get a glimpse of Remy Bond's latest track, adding to the excitement of the music industry.
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UMG's Mixed Q2 Performance
- Universal Music Group's (UMG) Q2 results show mixed signals, with 8.5% growth in streaming but a 12.4% decline in physical sales.
- The streaming growth mainly comes from less lucrative markets with new subscribers, not increased revenue per listener.
Spotify Stock and Growth Concerns
- Spotify's valuation seems to expect growth that is questionable given UMG's flat supplier performance.
- Rosenblatt's lowered target price for Spotify reflects this uncertainty in growth potential.
Deezer's Financial Reality Check
- Deezer experienced a revenue decline despite increased direct subscriptions but narrowed its losses.
- This reflects Deezer's realistic approach to streaming growth amid a tough market.