{"id":194,"date":"2008-11-22T10:18:50","date_gmt":"2008-11-22T09:18:50","guid":{"rendered":"http:\/\/routenote.com\/blog\/?p=194"},"modified":"2022-06-09T12:32:44","modified_gmt":"2022-06-09T11:32:44","slug":"universal-music-are-they-starting-to-adopt-digital-business-models-correctly","status":"publish","type":"post","link":"https:\/\/routenote.com\/blog\/universal-music-are-they-starting-to-adopt-digital-business-models-correctly\/","title":{"rendered":"Universal Music, Are They Starting To Adopt Digital Business Models Correctly?"},"content":{"rendered":"<p><a href=\"http:\/\/www.hypebot.com\/.shared\/image.html?\/photos\/uncategorized\/2008\/11\/14\/universal.jpg\" target=\"_blank\" rel=\"noopener\"><img style=\"margin: 1em 1em 0pt 0pt; float: left; width: 100px; height: 40px;\" title=\"Universal\" src=\"http:\/\/www.hypebot.com\/hypebot\/images\/2008\/11\/14\/universal.jpg\" border=\"0\" alt=\"Universal\" \/><\/a><\/p>\n<p>In the last year or so it has been tough times for the major record labels. The majors have not really been moving into the digital as fast as they should, whilst at the same time not understanding the digital business models.<\/p>\n<p>Whilst this still remains the case Universal have released their lastest quarters results, and they seem very surprising to me.<\/p>\n<ul>\n<li> $3.97 billion revenue for first 3Q&#8217;s of &#8217;08<\/li>\n<li>+ 3.5% without currency fluctuations<\/li>\n<li>+ 33% for digital sales which &#8220;\u201dmore than offset&#8221; lower CD sales<\/li>\n<li>Earnings  21.8% to $516M before deduction of interest, tax and amortization<\/li>\n<li>Net is lower due to restructuring costs<\/li>\n<li>Full <a href=\"http:\/\/www.vivendi.com\/vivendi\/IMG\/pdf\/20081113_pr_comptes_q3_en.pdf\" target=\"_blank\" rel=\"noopener\">press release<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In the last year or so it has been tough times for the major record labels. The majors have not really been moving into the digital as fast as they should, whilst at the same time not understanding the digital business models. Whilst this still remains the case Universal have released their lastest quarters results, and they seem very surprising to me. $3.97 billion revenue for first 3Q&#8217;s of &#8217;08 + 3.5% without currency fluctuations + 33% for digital sales which &#8220;\u201dmore than offset&#8221; lower CD sales Earnings 21.8% to $516M before deduction of interest, tax and amortization Net is&#8230;<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[102,216,18,218,211,208,213,217,212,28,209,210,78,83,207,215,214],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Universal Music, Are They Starting To Adopt Digital Business Models Correctly? - RouteNote Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/routenote.com\/blog\/universal-music-are-they-starting-to-adopt-digital-business-models-correctly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Universal Music, Are They Starting To Adopt Digital Business Models Correctly? - RouteNote Blog\" \/>\n<meta property=\"og:description\" content=\"In the last year or so it has been tough times for the major record labels. The majors have not really been moving into the digital as fast as they should, whilst at the same time not understanding the digital business models. Whilst this still remains the case Universal have released their lastest quarters results, and they seem very surprising to me. $3.97 billion revenue for first 3Q&#8217;s of &#8217;08 + 3.5% without currency fluctuations + 33% for digital sales which &#8220;\u201dmore than offset&#8221; lower CD sales Earnings 21.8% to $516M before deduction of interest, tax and amortization Net is...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/routenote.com\/blog\/universal-music-are-they-starting-to-adopt-digital-business-models-correctly\/\" \/>\n<meta property=\"og:site_name\" content=\"RouteNote Blog\" \/>\n<meta property=\"article:published_time\" content=\"2008-11-22T09:18:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-09T11:32:44+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.hypebot.com\/hypebot\/images\/2008\/11\/14\/universal.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"RouteBot\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/routenote.com\/blog\/#organization\",\"name\":\"RouteNote\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"contentUrl\":\"https:\/\/routenote.com\/blog\/wp-content\/uploads\/2020\/11\/routenote-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"RouteNote\"},\"image\":{\"@id\":\"https:\/\/routenote.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/routenote.com\/blog\/#website\",\"url\":\"https:\/\/routenote.com\/blog\/\",\"name\":\"RouteNote Blog\",\"description\":\"The World of Digital Music - Distribution - Stores and Free Music\",\"publisher\":{\"@id\":\"https:\/\/routenote.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/routenote.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/routenote.com\/blog\/universal-music-are-they-starting-to-adopt-digital-business-models-correctly\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"http:\/\/www.hypebot.com\/hypebot\/images\/2008\/11\/14\/universal.jpg\",\"contentUrl\":\"http:\/\/www.hypebot.com\/hypebot\/images\/2008\/11\/14\/universal.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/routenote.com\/blog\/universal-music-are-they-starting-to-adopt-digital-business-models-correctly\/#webpage\",\"url\":\"https:\/\/routenote.com\/blog\/universal-music-are-they-starting-to-adopt-digital-business-models-correctly\/\",\"name\":\"Universal Music, Are They Starting To Adopt Digital Business Models Correctly? 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