Cultural phenomenon Taylor Swift helped fuel revenue at Universal Music Group in the third quarter, the world’s largest record label said Wednesday.
Total revenue was 2.75 billion euros ($2.9 billion) in the quarter, up 3.3%.
Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) stood at 581 million euros ($612 million), up 5.1%, the company reported.
The top sellers for the quarter included Swift, Seventeen, Morgan Wallen, Olivia Rodrigo and King & Prince.
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