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UMG reports Q4 revenue up 4.8% YoY to €3.61B and paid listening up 2.4% YoY to €1.26B; UMG says it is not moving ahead with a US listing at this time (Dylan Smith/Digital Music News)

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Dylan Smith / Digital Music News:
UMG reports Q4 revenue up 4.8% YoY to €3.61B and paid listening up 2.4% YoY to €1.26B; UMG says it is not moving ahead with a US listing at this time  —  Universal Music Group (UMG) has posted modest Q4 2025 revenue growth due largely to a continued paid-streaming slowdown.